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Meme Coin Soars 400% After Elon Musk X Post

Marvin Inu (MARVIN) saw a massive increase of more than 400% in its value after Elon Musk’s recent post with the letter ‘X’. Elon Musk’s recent tweet featuring his dog Marvin celebrating its birthday had a remarkable effect on Marvin Inu Coin. The coin’s price soared by more than 400% initially, settling later at a 100% increase from its value the day before. Musk has a history of influencing the cryptocurrency market with his tweets. However, it’s important to be aware of the risks associated with memecoins. While they can offer rapid price increases, they also come with significant investment risks that potential investors should carefully consider.

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