Musk Superfans Attempt ‘Elon Goat Token’ Promotion With This 30-Foot Metal Statue

Over 21,000 cryptocurrencies are recognized to be in existence at the moment, with new ones made each day. One such recent mission, devoted to Elon Musk lately made it to the headlines. The creators behind the ‘Elon Goat Token (EGT)’, who declare to be Musk’s ‘superfans’, delivered a slightly distinctive statue to Tesla’s Austin workplace that has Musk’s head connected to the physique of a goat, whereas using a rocket. The EGT creators have been aiming at gaining some promotion for his or her mission with Musk’s acknowledgement — however that didn’t occur.

Musk, who’s in any other case well-known for being energetic and responsive on Twitter, has not but reacted to this particular parcel from the makers of the EGT.

As per a CoinTelegraph report, the statue is about 30-feet tall, weighs 12,000 pound (roughly 5,443 kg), and prices $600,000 (roughly Rs. 4 crore).

Visuals of the statue shared on EGT’s Twitter deal with present the slightly eccentric, silver colored effigy, loaded up in an open truck, being pulled into Tesla’s Austin facility.

“We really feel our laborious work can result in Elon claiming #ElonGOAT and we are going to work in the direction of this objective,” the EGT creators tweeted.

As per EGT’s whitepaper, the cryptocurrency was launched on the Binance Sensible Chain (BSC) in January this yr.

“On launch day, $EGT caught rapid international consideration, drawing over 1,750 Telegram customers on a reside name that helped catapult the native token to a $39 million (roughly Rs. 318 crore) market cap. $EGT’s viral and distinctive advertising plan that targeted on getting Elon Musk’s consideration was the central catalyst,” the doc stated.

At the moment, every EGT is buying and selling at $0.0004706 (roughly Rs. 0.038) after recording a 38.57 p.c dip within the final 24 hours, as per information monitoring web site CoinMarketCap.

The creators behind EGT intend to convey extra traction to their crypto providing with Musk’s anticipated response to the statue.

That is nevertheless, not the primary time that Musk, who’s an avid crypto and blockchain supporter, has had a Web3 mission devoted to him.

In June 2021, Musk had tweeted that he could be naming his pet canine from the Japanese Shiba Inu breed ‘Floki’, and this led to the formation of the ‘Floki Inu’ altcoin.

Again in October final yr, an NFT sequence of 10,000 digital collectibles was launched underneath the identify of ‘Canine of Elon’.

Musk is famously recognized for supporting the Dogecoin token over different cryptocurrencies together with BTC and ETH.

Musk’s opinions round cryptocurrencies are recognized to influence the market motion for the coin given the huge following of the SpaceX CEO on numerous social networking platforms.

Over the previous weekend, Dogecoin reportedly noticed a value surge of 19.4 p.c after Musk tweeted about his plans of revamping Twitter underneath his management.