Elon Musk’s Tweet Triggers Massive Surge in Memecoin APU

Elon Musk, the world’s wealthiest individual and known for his impact on cryptocurrency markets, reacted to a tweet mentioning the memecoin APU (APU) with a laughing emoji. This sparked a 25% surge in APU’s price despite its small market cap of only $2 million, not being listed on major exchanges like Coinbase and Binance. The sudden price increase was fueled by Musk’s engagement and is a reminder of his ability to impact cryptocurrency markets even with obscure coins. It’s important to note that previously, other altcoins that experienced surges thanks to Musk have later witnessed sharp drops. )