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The wind of Elon Musk continues to blow in the crypto industry.
Guiding the market from time to time with his social media posts, Musk announced the new artificial intelligence company xAI. With this announcement, incredible increases were observed in cryptocurrencies with the same name. In fact, an xAi/WETH pair is up 62,486 percent in the last 24 hours.
Arguing that Elon Musk's dominance over the industry is not correct, the audience points to the volatility created in coins. It has become a question that Musk, who has been manipulating the popular memecoin with posts about DOGE from time to time, can also make such moves on the side of artificial intelligence. Rumors about Musk and xAI-themed cryptocurrencies are increasing.
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