Twitter finally accepted the Elon Musk’s ‘best and final’ offer and there has been a buzz in the crypto market.
After the Twitter announced the buyout deal someone launched a crypto coin named ‘Elon Buys Twitter’ (EBT). The crypto coin EBT has witnessed a price jump of over 10,520% in the past 24 hours.
The token, which is being traded on very limited decentralized exchanges, and the price jumped to to $0.000009444 from 0.000000188 in just 24 hours.
The EBT coin seems to be like another pump and dump scam coin with an unsecured website, claiming it to be a “forever pump” coin.
ELONBUYSTWITTER “give meme creators a chance to earn and allow them to gain a stipulated revenue for their work”. “ELONBUYSTWITTER will help such aspiring meme creators showcase their talent to the world and add some monetary benefits to their pockets.”
As per the website, “ELONBUYSTWITTER is in the process of developing several revenue-generating platforms. Our ecosystem will also launch a series of melon-based lazy games and provide play-to-earn opportunities.
ELONBUYSTWITTER’s long-term goal is to establish itself as an industry leader in the emerging DeFI sector. The underlying factor that will continue to define Blockchain products is the ability to give people and businesses more power and control over their finances.”
As per data on CoinMarketCap, the EBT token was created on April 21st 2022, and the token is currently trading at $0.000002257, 67.40% up in the last 24 hours, the trading volume also jumped by 420%. The token ranks at 2963.
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