Today’s surprising price movement for BOB token saw a 40% increase in just two hours. This token, which was a spin-off from the previous season of meme tokens, was previously covered by U.Today. BOB is symbolised by the meme frog, just like its more established rival Pepe Coin (PEPE), but that is likely where their similarities end.
While PEPE depends on virality, ExplainThisBob, a Twitter bot, is responsible for BOB’s promotion. If it is labelled under tweets, a bot that uses artificial intelligence explains the tweets. To give engineers credit, Bob responds to Elon Musk’s tweets even when there isn’t a tag, which caused the eccentric billionaire to respond to the bot’s tweets often.
It worked again this time when, in response to Musk’s tweet that included the word “comedy,” Bob provided a succinct but insightful definition of the term that caught the attention of Twitter’s founder. Following that, the price of BOB increased by 28% to $0.000083 per token, at which point the attitude became negative.
It’s noteworthy to note that the listing of BOB on popular cryptocurrency exchange KuCoin was revealed 45 minutes before to Musk’s response to the tweet. What’s more intriguing is that the token’s price movement increased 12 minutes before to the announcement and had reached a minimum of 16% by the time the listing was announced.
