A recent study indicates that Twitter bots, which promote cryptocurrencies, might have a more significant impact on artificially boosting altcoin prices than previously known.
Just under an hour ago, billionaire tech mogul Elon Musk, the owner of X app (previously called Twitter), published a message indicating that there is something remarkable on the horizon.
Elon Musk's rebranding of Twitter to X.com caused a surge in popularity for the previously unknown altcoin X token. However, it has no affiliation with the rebranded Twitter or X.com.
At dawn on April 4, Twitter suddenly changed the familiar blue bird logo to the Dogecoin (DOGE) logo, the "favorite" cryptocurrency of billionaire Elon Musk.