Elon Musk, who frequently influences the crypto money markets with his shares, replaced his profile photo with a collage of pieces from the famous NFT collection Bored Ape. ApeCoin rose 15 percent after Elon Musk's move.
Elon Musk Effect on ApeCoin. Elon Musk, who bought Twitter in the past weeks, continues to share about the crypto money markets. With his statements, he made a move on NFTs, which he was cautious about this time, which often affects the crypto money markets.
Tesla and SpaceX CEO Elon Musk replaced his Twitter profile photo with a collage of Yuga Labs' famous NFT collection Bored Ape Yacht Club (BAYC), which has been making a splash with recent acquisitions and expansions. In the middle of the collage was the piece numbered 5809.
After Musk changed his profile photo, BAYC's token ApeCoin (APE) rose by 15 percent and reached $16.80 from the 14.50 level it was traded.
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