Price of CumRocket Cryptocurrency Shoots 'to the Moon' After Elon Musk Posts Suggestive Tweet

© REUTERS / MIKE BLAKESpaceX owner and Tesla CEO Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019
SpaceX owner and Tesla CEO Elon Musk gestures during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019 - Sputnik International, 1920, 05.06.2021
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The X-rated digital currency briefly entered Twitter trends on Saturday, leaving netizens positively puzzled. This is not the first time the entrepreneur's interest in jocular cryptocurrencies has boosted their value: in January, Dogecoin surged over 800% in just 24 hours following a series of Musk's tweets.

The price of the CumRocket cryptocurrency more than quadrupled on Saturday after Tesla CEO Elon Musk posted an emoji-coded tweet apparently referring to the obscenely-named digital money.

The cryptocurrency rose from $0.06 to $0.28 soon after Musk published the tweet, just a day after he appeared to "break up" with bitcoin in a similarly arcane publication. At 13:15 GMT, CumRocket's price stood at $0.22 per coin, dubbed $CUMMIES.

​The latest post left Twitter users, baffled that CumRocket is trending on the platform, scratching their heads.

​The cryptocurrency's page on Twitter was quick to make a tongue-in-cheek response to the entrepreneur's post.

​On Friday, the South Africa-born maverick drew ire after he posted a tweet that is believed to have caused a slump in the value of bitcoin.

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