Sad Hamster Shoots Up 50% Following Elon Musk's Unusual Expense Tweet

by Giorgi Kostiuk

a year ago

During the current bull run, the memecoin Sad Hamster (HAMMY) skyrocketed by 50% in the past 24 hours following a tweet by Elon Musk highlighting unusual US government spending.

The Twist of a Memecoin

Sad Hamster (HAMMY), previously an obscure memecoin, saw a remarkable price surge amidst the bull run, surprising many market participants.

Elon's Tweet and Its Impact

Elon Musk's ironic tweet pointed out a government expenditure of over $3 million related to hamsters sparked interest in HAMMY. According to CoinGecko, HAMMY's price went as high as $0.05 and is currently trading around $0.041, marking a 37% increase in 24 hours.

Community's Reaction and HAMMY's Future

Following Musk's tweet, the hashtag #SadHamster trended with memes and jokes flooding the platform. This attention has ignited enthusiasm within the new HAMMY token community. While still a speculative asset, HAMMY's rapid rise highlights the crypto market's unpredictability.

The rise in Sad Hamster's value vividly illustrates the influence high-profile figures have on the crypto market. While its future remains uncertain, its recent success offers reasons for optimism.

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