Elon Musk tops the list along with fellow entrepreneurs Saylor and Cuban.
A 71-year-old rockstar calls herself the ‚King of Dogecoin‘.
This week, we take a look at the five most influential people in the cryptocurrency market and their impact on the news over the past few days.
The past week has been hectic for the cryptocurrency markets. Bitcoin Supreme has hit a new high. Ethereum also hit an all-time high. Dogecoin has returned to the top 10 as the overall market capitalization of the cryptocurrency industry continues to grow.
There is no doubt about the strong growth of cryptocurrencies. The majority of working people have seen massive gains over the past week.
Let’s take a look at the top five influencers, who played a big role in asset prices last week.
The founder of Tesla made headlines last week for his constant tweets related to the Dogecoin asset.
Elon Musk recently posted a tirade of tweets supporting the cryptocurrency. The richest man in the world is believed to be behind the recent dogecoin price spike. Dogecoin climbed over 800% and even made it into the top 10 assets following a wave of buying from amateur investors. Musk’s backing for Dogecoin has led to a massive influx of investors interested in this project.
Not only was Elon involved with Dogecoin last week, but Tesla’s main news was the announcement of a $ 1.5 billion purchase of Bitcoin . This came as a surprise to anyone who considered Musk to only support Dogecoin.
Following the announcement of the $ 1.5 billion purchase of Bitcoin, BTC broke a new all-time high and continues to advance towards $ 50,000 this week.
Musk catapulted his status as a cryptocurrency influencer to new heights after a week filled with Bitcoin and Dogecoin announcements. He is therefore at the top of the list as the best cryptocurrency influencer of the week.
Now better known in the cryptocurrency space, Gene Simmons made the news this week after admitting he was involved in cryptocurrencies.
Simmons has been actively posting about his new love affair with cryptocurrencies. The 71-year-old rockstar is known for her voice from the legendary rock band KISS. He had previously announced that he was an active holder of XRP. However, it seems the singer has moved on. Simmons recently clarified that he also bought Dogecoin, following its rise.
He also expressed his distrust of the US dollar. This ultimately led the rockstar to seek out alternatives in Bitcoin and cryptocurrencies in general.
Simmons went so far as to call himself the “ King of Dogecoin ”.
The singer has been extremely honest in his thoughts towards the cryptocurrency markets. He can now be added to a host of celebrities who actively participate in the crypto markets.
He recently bought a lot of BTC, but still expects the price to rise further after hitting its recent all-time high.