.elonmusk tweet pushed wearecultdao up by 84%
its price to $0.000008625. While DAO is not necessarily branded as a meme coin, it behaves like one, judging by its volatility. Learning from its peers, including Dogecoin and Shiba Inu , the Cult DAO community leaned on the tweet to create a bullish advantage for the price of the token.
Unlike related tweets from Elon Musk that help in pushing both DOGE and SHIB, there is no visible connection between the Twitter CEO and the Cult DAO team. This implies that the ongoing rally may fade off in due time, or rather, it may create an unsustainable push that can ultimately impact the performance of the asset.
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