Elon Musk and the HARAMBE Memecoin: Big Purchase and Price Surge

⚡ An interesting event took place in the cryptocurrency market involving Elon Musk. A cryptocurrency user created a new wallet and transferred 661 SOL, worth around $116,000, via Binance. Shortly after, the user spent all the funds to purchase 1.94 million memecoins called HARAMBE.

⚡ This large transaction led to a price surge of about 30% for the HARAMBE memecoin. Notably, the purchase occurred shortly before Elon Musk tweeted about HARAMBE following the death of Dogecoin’s mascot, Kabosu.