It all started off with Elon Throwing $100 Million Dollars into the Abyss -people laughed but in the end he was the one laughing straight to the bank. Crypto came along and once again Elon risked his reputation and billions for his conviction.
Things we know so far about Elon and crypto
Tesla still holds $1.7 billion worth of Bitcoin, although it no longer accepts the digital asset as a means of payment. The company accepts Dogecoin (CRYPTO: DOGE) as payment for merchandise on its website.
Tesla Chief might once again be playing his cards slyly. According to a renowned NFT collector, the top-tier Bored Ape non-fungible token (NFT) piece, under the number 1,837, has been sold to an anonymous buyer.
Reportedly, the buyer spent close to 600 Ethereum on the NFT buy. What’s the catch here, though? This anonymous buyer could be Tesla founder Elon Musk.
Musk’s Newfound Love?
While Musk has been an ardent supporter of blockchain technology and cryptocurrencies in general, the tech tycoon has caused considerable upturns in the market. Musk’s love for meme tokens has been common knowledge now, much like his annoyance with NFTs.
Just last month, the billionaire expressed his annoyance over the new Twitter feature that lets premium users flaunt their NFT purchases as their profile picture.
Musk commented on Twitter’s new feature for Twitter Blue users saying ‘this is annoying’ with a screenshot of Twitter’s announcement. He added that the social media giant doesn’t seem to be spending its resources well.
On February 25, in an exciting turn of events, pseudonymous NFT collector Derek.eth pointed out on Twitter that the Bored Ape NFT, under the number 1,837, has been sold to an anonymous buyer. The same was also highlighted by Crypto Reporter, Colin Wu.
Previously, Derek was selling the piece for 690.420 ETH, widely known as ‘meme numbers’ that are often used by Musk in his tweets. However, later on, he lowered the price for the piece to 569, most likely to sell it quicker.
The seller Tweeted, “I thought I had it at 690.420 ETH. Oh well.. as long as it goes to ElonMusk, I’ll be happy.” the seller tweeted. Reportedly the NFT has been sold to a buyer on moonpay-eth.
At the same time, reports allege that Musk could have directly or indirectly bought the NFT. However, there has been no official confirmation from Musk’s side.
That said, the rumors that Elon Musk too could be a member of the Bored Ape Yacht Club seems like a leap too far, for now, considering the entrepreneur’s disapproval of NFTs and Web3.
Recently, Musk took a jibe at Web3, saying that ‘Web3 sounds like bs’ and that it’s ‘more marketing buzzword than reality right now.’
Recently at Kanye’s Donda event Musk also said not to bet all your money on crypto, does he know something we dont know?
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