Cult DAO's price rose 60% after Musk tweeted just " Cult / Culture"

Cult DAO's native token, CULT, saw a 100% spike in price after Elon Musk mentioned the word"cult" on Twitter. Although Musk's tweet wasn't related to any cryptocurrency, his influence on the crypto market with his tweets, particularly with meme coins, is well-known. Earlier this year, a tweet about his pet dog caused a stir in the market and affected the prices of meme coins like Dogecoin and Shiba Inu.

Ref: Elon Musk on Twitter: "Cult / Culture" / Twitter

Cult DAO is a decentralized venture capital platform that connects founders with investors without intermediaries. While it's unclear whether the rise in CULT's price is sustainable or not, Musk's mention of the word "cult" is another example of his ability to influence the cryptocurrency market with his tweets.

Ref: Swalo on Twitter: Elon Musk just pumped a coin called $CULT. It went 2x in less than 10 minutes 

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