Elon Musk shared a “69-420” meme for Bitcoin and Ethereum worth on Wednesday when the highest cryptocurrency hit a brand new ATH just below $67K. The tweet created a variety of buzz within the crypto twitter given Musk hasn’t commented a lot on BTC for the reason that B-Phrase convention, though he has been tweeting about floki and Doge in between.
— Elon Musk (@elonmusk) October 21, 2021
The meme was merely reposted by the tech billionaire as he has completed on quite a few events up to now, however the unique creator of the meme appears to have made 1000’s of {dollars} due to Musk’s posting. Eva Beylin, the unique creator of the meme and he or she didn’t have any complaints in opposition to Musk for not giving her the due credit score. She stated,
“The last word prize of memeology is for the last word meme lord to make use of your meme,”
Beylin minted the prized meme as an NFT and put it up for public sale on NFT market Zora and inside two days the meme NFT acquired a proposal for fiver wrapped ETH which is sort of value $20,000 in present worth. Nonetheless, Beylin herself wasn’t the unique creator of the meme template both and thus she shared 20% of the NFT sale proceeds with the unique meme template creator.
“As a interest artist, I’d by no means have the ability to reinvest in artwork or have my artwork paid for [without NFTs]. So, my factor has at all times been reinvesting again into NFTs,” Beylin stated.
Elon Musk’s Tesla Rakes in Billion Greenback Revenue From Bitcoin
Elon Musk’s Tesla was on the middle of the Bitcoin Vitality FUD in Might this yr that noticed Tesla droop BTC cost choice citing environmental issues. On the time, the forwards and backwards between Musk and Bitcoin proponents led to a heated debate leading to Musk threatening to promote Tesla’s $1.5 billion BTC buy.
Nonetheless, Tesla held onto its BTC in the course of the bear market and because of this, in the present day they’ve remodeled $1 billion in income from merely holding BTC on their stability sheet.