Virtual currency ‘ElonxAlexandre’, created after a clash between Musk and Moraes, values ​​9,550% By Estadão Conteúdo

by time news

2024-04-12 16:06:41

The clash between the South African billionaire Elon Musk and the minister of the Federal Supreme Court (STF) Alexandre de Moraes that began last Saturday, 6th, became inspiration for the creation of a virtual currency: the memecoin “ElonxAlexandre”. The currency, created by internet users last Sunday, the 7th, appreciated 9,550% in three days of launch.

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The clash between the South African billionaire Elon Musk and the minister of the Federal Supreme Court (STF) Alexandre de Moraes that began last Saturday, 6th, became inspiration for the creation of a virtual currency: the memecoin “ElonxAlexandre”. The currency, created by internet users last Sunday, the 7th, appreciated 9,550% in three days of launch.

Musk, who is the owner of

When it was launched, memecoin cost US$ 0.0002, reaching a value of US$ 0.0193 (R$ 0.098) on the evening of Thursday, 11th. The information is from the website Coinmarketcap, specialized in the cryptocurrency market.

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Memecoins are cryptocurrencies created to satirize memes and trends on the internet. The coins, which can receive investments from internet users, have already been made to mock fictional characters, celebrities, viral events and politicians such as the President of the United States, Joe Biden, and his predecessor Donald Trump.

The first memecoin created was , launched in 2013 from the “Doge” meme – which uses the image of a dog with a suspicious expression. It currently costs R$1, but it was already worth R$3.23 in May 2021. Last month, during an event at Tesla (NASDAQ:), Musk’s car manufacturer, the billionaire said he would accept the cryptocurrency as a form of payment for your products.

On Saturday, Musk used his social network to accuse Moraes of violating the Brazilian Constitution and promoting censorship in judicial decisions. In addition to X and Tesla, Musk owns the rocket startup SpaceX, which intends to take astronauts to the Moon in partnership with NASA.

On Sunday, Musk said Moraes should resign his seat on the Court or be impeached. In response, the minister included the businessman as being investigated in the digital militias investigation for “intentional instrumentalization” of X. On Monday, the 8th, the businessman again attacked the minister, calling him a “dictator” and stating that he would have President Luiz Inácio Lula da Silva (PT) “on a leash”.

Grass foot

Lula reacted to Musk’s criticism and indirectly needled the businessman at two federal government events. On Tuesday the 9th, he said that the owner of X should use his money to “help preserve” the environment. On Wednesday, the 10th, the PT member called the billionaire an “American businessman who never produced a stalk of grass” in Brazil.

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