Billionaire Elon Musk kept his promise on Tuesday (October 3) to test the new features of the X platform and played the classic game "Diablo 4" for nearly 40 minutes, attracting 1.37 million people to watch the live broadcast. The community took the opportunity to issue the meme concept coin GAMER, which soared 114% under a lot of hype.
Musk announced last week that he would test X's new live streaming feature through Diablo 4. He kept his promise and completed the 99-difficulty nightmare dungeon fast pass challenge, and the entire live broadcast lasted nearly 40 minutes. He also asked everyone not to have too much expectation of his gaming skills, and the most important thing was to test X's live streaming.
Judging from the live broadcast of playing Diablo 4, except for the intermittent picture and sound caused by the early stage of adjusting and adapting the live broadcast equipment, the live broadcast process after the adjustment can be said to be very smooth, and even the in-game radio and Musk's voice are quite clear. It is expected that users should not have to wait too long, and the live broadcast function of the X platform will be officially launched.
The crypto community took this opportunity to issue "Musk live game concept tokens", among which the meme coin named Cyb3rGam3r42 received a lot of hype, and its trading code was GAMER.
According to the official introduction, the total amount of GAMER is 100 billion and there is no royalty. The official wrote in the community announcement: "Are you excited about Musk's gaming platform? Cyb3rGam3r420 is here to celebrate! Let's make history in cryptocurrency games together."
DEXSCREENER data showed that GAMER soared during Musk's live broadcast, with an increase of 114.28% during the period. It fell slightly in the Asian market on Wednesday, temporarily reporting $0.009985, and its market value exceeded $1 million.
Musk recently criticized the U.S. dollar fiat currency. In response to a question on the X platform about "What is a scam that is so normalized that we no longer even realize it is a scam?", she responded: "This refers to the currency issued by the country supported by government borrowing, not scarce resources such as gold or Bitcoin."
Last week, some fiat currency skeptics warned that surging U.S. debt could create a dollar-inflation “death spiral” that would ultimately drive up Bitcoin prices.
The dollar has faced surging inflationary pressures since the coronavirus crisis and lockdowns, when governments borrowed huge amounts of debt to fuel economic stimulus and wreaked havoc on global supply chains.
The Federal Reserve is raising interest rates rapidly throughout 2022 and 2023 in a desperate attempt to eliminate inflation, but some worry that higher interest rates on Treasury bonds will stimulate greater spending and inflation in the future.
The U.S. national debt topped $33 trillion for the first time in September, according to the U.S. Treasury Department. Musk’s comments on the dollar were seized upon by many in the bitcoin and crypto communities, who hailed them as a sign of renewed support for bitcoin from the mercurial Tesla billionaire.
"Realize that our entire economic system is a shared belief," Anders Larsson, a Bitcoin investor and technology developer, responded to Musk. "It's not a law of physics, so other myths are emerging, and it's not the absolute and final truth either."