A revolutionary breakthrough by Elon Musk’s startup has triggered a 3400% growth of a little-known cryptocurrency

Not financial advice!

Elon Musk, the owner of Neuralink, has announced that the first person to receive a brain implant is doing well. The chip was installed on January 28, as the billionaire reported in his X profile.

The brain chip from Neuralink may one day allow people with limited mobility to use gadgets and communicate with the power of thought. Interestingly, Musk named the first device from Neuralink «Telepathy».

Immediately after the businessman announced the scientific breakthrough, the NEURALINK cryptocurrency jumped in price by 3400%.

Data from dextools shows that the market capitalization of the digital asset is $ 2.21 million, and liquidity is approximately $ 203,080. The circulating supply of the coin is 1 million units, and it is owned by 1,110 people.

It is important to remember that Elon Musk has nothing to do with this token. Investors should note that new cryptocurrencies named after famous people or organizations appear from time to time.

The No Worries editorial team strongly recommends that readers do not invest in dubious crypto assets.

In early November, a meme coin named after the Musk chatbot GROK grew by more than 650% in just 24 hours. This happened after Elon Musk announced his next project in the field of artificial intelligence, introducing a new chatbot known as Grok.