“There will definitely be a MarsCoin”, Says Elon Musk

The massive surge of MarsCoin
  • Elon Musk tweets about Dogecoin; says there will definitely be an era for MarsCoin 
  • MarsCoin price soared 3000% from $0.018 to $2.55 after Elon Musk replied to Binance on Twitter, it plunged to $1.53 at present
  • MarsCoin is a volatile crypto-asset as it soared from $0.018 to an all-time high of $0.08 on February 17, 2021 
  • MarsCoin’s market capitalization hits $21 Million, up 690%; trading volume also surged by 8,000% to $60,185

Elon Musk replied to a tweet from Binance asking about MarsCoin. After Musk’s reply, MarsCoin’s price soared over 3000%.

Quickly after Musk’s tweet, the world witnessed a massive surge in MarsCoin price. Elon Musk posted the tweet at 9:40 PM on February 16, and at that very time, MarsCoin was trading at the price of $0.11. However, at 12:04 AM, it soared 3000% from $0.018 to $2.55, creating a new life-time high. Though at present (6:20 PM), the asset has slipped down to the level of $1.53. The Crypto Asset’s market capitalization hovers over $21 Million, up 690% in the past 24 hours. The trading volume also surged by 8,000% to $60,185.

The Red Planet Cryptocurrency- MarsCoin

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MarsCoin is a cryptocurrency aiming at the possibility of human settlement on Mars. MarsCoin’s website even sees SpaceX as one of the leaders in this field. The cryptocurrency has obtained itself from Litecoin. Furthermore, MarsCoin project calls itself the most viable blockchain platform for inventory tracking on Mars once humankind colonizes the planet.

The MarsCoin project also invites people to join them if they believe humans can settle on other planets. Purchasing and utilizing Marscoin supports the non-profit Mars Society and enables people to directly provide support for the settlement of humans on Mars. 

MarsCoin Is a Big Fan OF Elon Musk

The MarsCoin project has mentioned on their website that they are big fans of Elon Musk. Moreover, the company mentioned that if Elon reads the message, MarsCoin is forever grateful to gravitate The crypto to Mars.

However, MarsCoin and CoinMarketCap have made it clear that the crypto is not associated with Elon Musk in any way possible.

Previously Elon Musk tweeted about MarsCoin in December 2020. Moreover, influential Musk has backed MarsCoin because he feels the crypto is the currency of Mars. However, at that time, his tweet did not have much effect on MarsCoin’s price.

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Ritika Sharmahttp://www.thecoinrepublic.com
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.

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