Elon Musk’s Superfans Go Big on Getting Crypto Project Validated: The Details
More than 21,000 cryptocurrencies are known to exist right now, with new ones being created every day. One such new project, dedicated to Elon Musk has recently hit the headlines. The creators behind the ‘Elon Goat Token (EGT)’, who claim to be Musk’s ‘big fans’, delivered a unique photo to Tesla’s Austin office with Musk’s head attached to a goat’s body, while riding a rocket. The creators of EGT intended to achieve some promotion of their project with Musk’s approval – but that did not happen.
Musk, who is famous for being active and responsive on Twitter, has yet to respond to this special package from EGT developers.
as per Cointelegraph reportsthe statue is about 30 feet tall, weighs 12,000 kilograms (about 5,443 pounds), and costs $600,000 (about Rs. 4 crore).
Footage of the prototype shared on EGT’s Twitter handle shows the shiny, silver-colored prototype, loaded onto an open truck, being towed to Tesla’s Austin facility.
We are proud of our achievements and commitment #e.g
We have always had a long-term vision $EGT and we will continue to develop the product and the application.
We feel that our hard work can lead to Elon’s demand #ElloNGOAT and we will work towards this goal! Maybe you’re happy too! pic.twitter.com/Rk2Gdn5PpE
– Elon Goat Token (@ElonGoatToken) November 27, 2022
“We feel that our hard work can lead to Elon claiming #EloNGOAT and we will work to achieve this goal,” the creators of EGT wrote on Twitter.
According to the EGT white paper, the cryptocurrency was launched on the Binance Smart Chain (BSC) in January this year.
“On the day of the launch, $EGT immediately grabbed global attention, drawing more than 1,750 Telegram users in a live call that helped catapult the native token to $39 million (roughly Rs. 318 crore). $EGT’s viral and unique marketing plan focused on getting Elon Musk’s attention was the main reason,” documents said.
Currently, each EGT is trading at $0.0004706 (roughly Rs. 0.038) after recording a dip of 38.57 percent in the last 24 hours, according to a data tracking website. CoinMarketCap,
The creators behind EGT aim to bring more traction to their crypto offering with Musk’s expected reaction to the image.
Looks like Elon is spying on us :goat:
– Elon Goat Token (@ElonGoatToken) November 27, 2022
However, this is not the first time that Musk, who is an ardent supporter of crypto and blockchain, has had a Web3 project dedicated to him.
In June 2021, Musk tweeted that he would name his Japanese Shiba Inu dog ‘Floki’, and this led to the creation of the ‘Floki Inu’ altcoin.
Back in October last year, an NFT series of 10,000 digital collections was launched under the name ‘Elon’s Dogs’.
Musk is well known for supporting the Dogecoin token in addition to other cryptocurrencies including BTC and ETH.
Musk’s views on cryptocurrencies are known to have an impact on the coin market given the SpaceX CEO’s large following on various social media platforms.
Last weekend, Dogecoin it is reported that saw a 19.4 percent rise in price after Musk tweeted about his plans to revitalize Twitter under his leadership.
