Elon Musk tweets and Twitter bot spam influences altcoin costs: Examine

Crypto-spouting Twitter bots could possibly be taking part in a a lot bigger function in artificially inflating the worth of altcoins than beforehand understood, a brand new examine has advised.

Utilizing a pattern of varied FTX-listed cryptocurrencies in a examine printed Aug. 2, the Community Contagion Analysis Institute (NCRI) stated it analyzed over 3 million tweets posted from Jan. 1, 2019, to Jan. 27, 2023, involving 18 altcoins.

Musk’s tweets affect PSYOP and PEPE

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