The prices of meme coin BOB dropped by around 45% on Sunday
8 months ago 1 min read

Meme Coin BOB Plunges 45% as Elon Musk’s Twitter Bot Labelled a “Scam”

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, regardless of payment. The suspension of the @ExplainThisBob account caused BOB prices to plummet from $0.000031 to $0.000016 on Sunday. Traders swiftly responded to Twitter’s actions, resulting in a market