The value of the digital coin has renewed its historical maximum, and the daily trading volume has increased by 5000%
The Hamster token has risen in price by 503% after the publication on Twitter by the CEO of Tesla and SpaceX Elon Musk. The businessman commented on the entry of one of the Dogecoin developers Billy Markus about a crypto trader hamster who increased his portfolio by almost 20% in three months. Musk wrote that the hamster has "crazy skills."
After Musk's tweet, the value of the Hamster token updated its all-time high at $ 0.000000001647. The daily trading volume of the cryptocurrency approached $ 1 million, having increased by more than 5000%. At 01:45 PM UTC, Hamster is trading at $ 0.000000000712, down 56% from the high.
On September 29, Elon Musk also stated that cryptocurrency cannot be destroyed, but governments can slow down its spread. The billionaire added that the US authorities should refrain from trying to regulate the crypto market.