Elon Musk's new Twitter profile is now going viral - that's because he used a photo that includes different Bored Ape NFT collectibles.
(Photo : Photo by HANNIBAL HANSCHKE/POOL/AFP via Getty Images)
SpaceX owner and Tesla CEO Elon Musk laughs as he arrives on the red carpet for the Axel Springer Awards ceremony, in Berlin, on December 1, 2020. (Photo by HANNIBAL HANSCHKE / POOL / AFP)
Because of the billionaire's DP (Display Picturer) change, the new cryptocurrency launched by Yuba Labs, ApeCoin (APE) experienced a value increase.
As of writing, APE's price increased by around 19%, allowing it to have a daily value of $17.64. This new record was achieved thanks to their new Twitter profile, Musk.
But did the billionaire purchase a Bored Ape NFT?
Elon Musk's New Twitter Profile Leads To ApeCoin Surge!
Although the Twitter DP update of Elon allowed Yuba Labs' APE to increase in value, CNBC reported that it is still unclear if Musk actually bought a Bored Ape NFT for himself.
Cups are seen at the grand opening of the Bored & Hungry pop-up burger restaurant, which uses NFT art for its branding, on April 9, 2022 in Long Beach, California. The restaurant is using images from the popular Bored Ape Yacht Club NFT (non-fungible token) art series with the owner stating that Bored & Hungry is the first food concept to utilize crypto art for branding.
Also Read: Elon Musk wants to Investigate Brands that Collaborate with Twitter, Is He on DMs with Them?
The image used by Elon was confirmed to be for the sale of Sotheby's after the executive of the popular auction house, Michael Bouhanna, asked him to remove his Twitter DP.
"@elonmusk as much I admire your work I'd like you to remove your pfp that I created for our Sotheby's sale. Or you credit me," said Bouhanna.
He also said he would be happy to send the original Bored Ape NFT minted file with the buyer's approval. This shows that Musk didn't purchase any versions of the popular NFT collectibles.
@elonmusk as much I admire your work I’d like you to remove your pfp that I created for our Sotheby’s sale. Or you credit me 😂. Happy to send you the original file minted with the buyer approval 🫡 pic.twitter.com/e83ZyxWGH5
— Michael Bouhanna (@michaelbouhanna) May 4, 2022
Instead, he just took a screenshot and used it for his official Twitter account.
Elon Musk Makes Fun of NFT
Instead of taking the advice of Michael Bouhanna, he posted a tweet saying that something (most likely NFT) is fungible. Critics claimed that the billionaire's latest tweet is for Bouhanna's post about Musk's Twitter profile change.
For those who are not familiar with NFTs, these digital artworks are not fungible, which means that they can't be exchanged for the same value.
Although Elon used Bored Ape NFTs for his DP without purchasing them, it still helped Yuga Labs' newly launched ApeCoin.
If you want to see the billionaire's new Twitter profile picture, you can view this link.
On the other hand, some journalists said that Elon Musk's Twitter authentication plan is a bad idea.
Meanwhile, another Elon Musk Twitter plan is concerning experts since he wants to charge companies for their embedded tweets.
For more news updates about Elon Musk and his upcoming activities on Twitter, always keep your tabs open here at TechTimes.
Related Article: Elon Musk Announces Twitter Can Go Public Again In As Little As 3 Years
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Written by: Griffin Davis
