The list of things that trend on Twitter solely because of Elon Musk has a new addition recently. A fairly new cryptocurrency, Ratcoin, has been in the hype in the market. As you can guess, fans/haters, (whatever you call them) are wondering whether Ratcoin is the crypto Elon Musk was hinting about? So, I dig up a little and got you all the details on the Ratcoin Elon Musk controversy.
Slowly but steadily, Ratcoin is taking over the crypto world. With only a 9 Billion maximum supply, this crypto is definitely worth the intrigue everybody is talking about. Working its way through decentralized blockchain technology, and a very creative RAT ticker, you must really want to know whether Elon Musk owns Ratcoin or not.
What is Ratcoin Elon Musk?
Launched on 10 November 2018, Ratcoin is a cryptocurrency that has its own blockchain. The official website of Ratcoin states, “The goal of the project is quite simple: deploy a fun coin that will ever infest your life.” From the eye of a typical crypto user, Ratcoin is made only for fun purposes and is good crypto to start taking interest in crypto coins.
Details on Ratcoin
|Block Time||3 Minutes|
|Maximum Supply||9 Billion|
|Premine||20% (1.80 Billion) made up of:|
13.49% for the swap (1,214,430,975.76010)
4.26% for Development (383,228,755.00000)
2.25% Community Fund (202,340,269.23991)
|Stacking Maturity||30 Blocks (~1.5 Hour)|
|Coin Maturity||30 blocks|
|Target Spacing||3 Minutes|
|Target Timespan||1 block|
|Transaction Conformations||30 blocks|
Pow 0 coins per block till block 200k
These were all the details on Ratcoin cryptocurrency.
Does Elon Musk Own Ratcoin?
No, Elon Musk does not own Ratcoin. As soon as Ratcoin started getting hype in the market, people speculated that Elon Musk could be its owner. Especially after Musk gave a statement that he would like more transparency and it would save him a lot on taxes. However, as it turns out Musk has no connections, whatsoever, with Ratcoin.
Infact, the people behind Ratcoin actually stated in a tweet,
For the last time everyone… WE WISH ELON MUSK CREATED AND OWNED RATCOIN…But he doesn’t…yet.
#ratcoin #Crypto #ElonMusk
Hence that clears all the doubt and confusion behind the question, “Does Elon Musk owns Ratcoin?”
Who Owns Ratcoin?
If Elon Musk doesn’t own Ratcoin then who does? This question must have struck your mind after the clarification. Well, the owners of Ratcoin haven’t revealed their identity yet. The official website of Ratcoin also hasn’t given any details on its owner so I guess we just have to wait for it.
I think it is very smart of the owners of Ratcoin to not reveal their identities. It’s been months and people were continuously wondering whether Elon was the owner or not. The silence from the actual owners of ratcoin only helped in intriguing the audience more. Hence, the hype.
Where to Buy Ratcoin?
As updated by the official Ratcoin website, you can buy Ratcoin at three crypto exchanges listed below-
- Freak Exchange
- Stake Centre
However, you can also use Ratcoin independently if you store Ratcoin in the physical wallet and even share it with your friends and family. The price of Ratcoin typically fluctuates so you would have to check on these three exchanges for it.
Please do thorough research on every crypto you invest in. Path of EX does not take any responsibility for any of your investments and does not endorse any cryptocurrency.
That was all about this article on Ratcoin Elon Musk. I tried to answer as many queries as I could. However, if you still have any other questions then feel free to use the comment section below. I will try my best to look for the most verified answers for you.
Frequently Asked Questions
What is Ratcoin Elon Musk?
Ratcoin is a cryptocurrency that was speculated to be owned by Elon Musk.
Does Elon Musk own Ratcoin?
No, Elon Musk does not own Ratcoin.