Elon Musk goes laser-eyed after Biden ends his re-election bid
Key receivers
In keeping with crypto culture, Elon Musk has updated his logo to include laser eyes. The laser eye meme has been adopted by high profile figures and institutions such as Michael Saylor, US Senator Cynthia Lammis and Franklin Templeton.
Share this article
Tesla CEO Elon Musk recently updated his profile picture on X (formerly Twitter) to show laser eyes, associated with a sense of energy in the crypto community. The update comes after President Joe Biden announced his withdrawal from the 2024 US election campaign.
The laser-eyes meme originated as a way to express enthusiasm for Bitcoin, especially as the crypto aimed to achieve significant price milestones. Musk It's a fan. Bitcoin and crypto. His main personal investments are Bitcoin, Ethereum and Dogecoin, and it He wants to see these digital assets succeed.
Tesla first announced its intention to accept Bitcoin as payment in February 2021. However, the plan was later canceled in May 2021 due to concerns over Bitcoin's environmental impact. Musk indicated that Bitcoin payments will continue once mining operations are converted to sustainable energy sources.
The laser eye meme has also been endorsed by many celebrities and institutions, including MicroStrategy's Michael Saylor, US Senator Cynthia Lammis, and asset management firm Franklin Templeton.
Following the approval of spot Bitcoin ETFs in the US, Franklin Templeton has updated its logo to include laser eyes, signifying its support for the crypto market. However, weeks after the update, the company removed the laser eyes from the profile picture.
Franklin Templeton recently joined industry giants expanding their crypto offerings with spot Ethereum ETFs. The Franklin Ethereum Fund is set to launch on the CBOE next week.
Share this article
