Elon Musk is best known as the CEO of Tesla and SpaceX, but he is also known as the King of Coin for causing the price of certain cryptocurrencies to skyrocket simply by tweeting about them.
Musk has been responsible for several price increases in Bitcoin, including when he announced that Tesla would accept Bitcoin payment for their cars in February 2021.
His greatest display of power came in May 2021, when he pumped the meme coin Dogecoin to dizzying heights after a series of Tweets about it earned him the moniker ‘Dogefather.’
” If something’s important enough, you should try. Even if – the probable outcome is failure.”
” When something is important enough, you do it even if the odds are not in your favor.”
” It’s OK to have your eggs in one basket as long as you control what happens to that basket.”