Meme Coin BOB Plunges 45% as Elon Musk’s Twitter Bot Labelled a “Scam”
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The prices of meme coin BOB experienced a significant drop, reaching as much as 45% on Sunday. The decline followed the suspension of its popular automated Twitter bot, @ExplainThisBob, after Elon Musk, the owner of Twitter, referred to the account as a “scam.” Twitter also suspended another automated bot, @AskTheWassie, which operated similarly to @ExplainThisBob. Musk emphasized that promoting scams disguised as funny or helpful bots would lead to suspension,