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BCH $483.84 (-4.3%)
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Elon Musk is Dumping Bitcoin, Justin Sun is Trying to Pump it

Elon Musk is Dumping Bitcoin, Justin Sun is Trying to Pump it
  • Elon Musk tweeted Bitcoin with a heartbreak emoji and meme of a couple arguing.
  • Justin Sun is trying to pump it.

Elon Musk is back at it again after causing the Bitcoin price to drop by 20% last month.

Elon Musk tweeted Bitcoin with a heartbreak emoji and meme of a couple arguing. Precisely, the couple was discussing their breakup. As a result, Bitcoin saw its price drop more than 3% on Friday morning.

Let’s note that Bitcoin and crypto prices beyond the board have suffered the last weeks since a sell-off was sparked by Tesla billionaire. However, Musk today’s tweet is a bit confusing. But at the same time, it also hints a breakup with Bitcoin.

It might happen that Musk and Tesla are dumping their bitcoins and ultimately turn to Dogecoin as he claims that “Dogecoin needs to become the currency of Earth”—and can beat bitcoin.”

In response to that, he received many comments. And one of them is from Justin Sun. The founder of Tron replied to Elon, saying:

“I will buy all the Bitcoin that elonmusk sells.”

We don’t know for sure if he is serious or joking. But we could see that he is trying to pump Bitcoin, so it doesn’t drag down the entire crypto market as it happened over the last weeks.

In addition, Sun’s response didn’t go unnoticed. The crypto Twitter community replied. Many were saying that Justin is trying to buy Bitcoin and dump his own cryptos. Notably, Tron, Btt, and SUN. However, some crypto enthusiasts are wondering if Justin Sun is the hero the crypto community deserves.

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Roland Guirdonan can be found writing, developing, and designing all sorts of content. Aside from his fascination with content creation, he is also passionate about blockchain and cryptocurrency developments.