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Elon Musk’s Twitter continues to draw many cryptocurrency neighborhood members. A crypto agency often known as EGTPRO has now mentioned it has secured funds to create a statue for Musk showcasing his head on high of a Shiba Inu using a rocket.
Crypto followers need to construct a statue for Elon Musk
The crypto firm that desires to create a statue for Musk is EGTPRO, behind Elon Goat Token. The corporate has mentioned that it has secured $600,000 in funding from the followers of the Tesla CEO, with these funds going towards making a statue of the billionaire whose head will likely be featured on high of a Shiba Inu canine using a rocket.
On its web site, the mission mentioned it was going exterior the field in creating one thing that one other crypto mission had by no means created. The corporate mentioned that this statue would acknowledge Musk’s contributions to the cryptocurrency sector.
“We constructed Elon Musk a $600,000 monument on the again of a semi-trailer in honor of his many accomplishments and dedication to cryptocurrency,” the corporate’s web site mentioned. Attention-grabbing Engineering says that the mission’s designer was Danny Wang, but it surely was created by Kevin Stone and Michelle Stone, who’re metallic sculptors.
This mission was performed in six months. The statue has Musk’s head which is six ft tall. The corporate’s web site mentioned the hassle was made as a PR technique for the Arizona-based firm. The enterprise will likely be heading the Tesla Gigafactory in Austin, Texas, to provide the statue to Musk on November 26. If the reward is accepted, the group hopes it’s going to deliver its firm to the highlight.
On its web site, EGTPRO has introduced itself as the primary crypto pockets centered on service provider processing. Subsequently, if the corporate positive factors Musk’s approval, it may increase consideration and the adoption of the pockets.
Elon Musk’s relationship with crypto
Musk accomplished his Twitter acquisition deal; in October. Since then, he has laid off among the firm’s high executives and has come below criticism over methods to reasonable content material on the platform.
Binance, the most important cryptocurrency trade by buying and selling volumes, invested $500 million into the Twitter acquisition deal by Musk. The previous CEO of the collapsed FTX trade had additionally supplied billions of {dollars} value of funding, however this by no means got here to fruition.
Musk has been a giant supporter of the DOGE meme coin, on condition that he helps DOGE funds at Tesla and SpaceX. The meme coin rallied amid Musk’s Twitter acquisition amid hopes that Dogecoin funds would even be built-in into Twitter.
Nonetheless, Musk’s adoption of Dogecoin has created room for scams. A whole lot of meme cash with a DOGE theme have been launched available in the market over the previous yr, with some tasks ending up as rug pulls as a consequence of a scarcity of strong fundamentals.
Musk’s Tesla has additionally invested in Bitcoin. Nonetheless, this yr, the corporate revealed that it offered the vast majority of its Bitcoin holdings.
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