After changing his Twitter profile picture (PFP) to a collage of BAYC NFTs, Elon Musk may finally be embracing the NFT space. However, due to previous negative comments from Elon on NFTs, many are questioning the timing of the change.
Elon Musk’s wallet full of high quality NFTs
By tracking the location of some of the NFTs in the profile picture, we can see that he has an impressive NFT collection. Significantly, hours before Elon tweeted and changed his PFP, the wallet received multiple NFTs. These include the first NFT made by Elon Musk and six bored monkeys, including three golden monkeys.
The wallet is now full of great value NFTs, including Doodles, Azuki, Moonbirds, etc. Remarkably, many of these NFTs are from the MoonPay vault. MoonPay is building a payment infrastructure for cryptocurrencies. Some of the biggest crypto brands in the world use it for their business.
For the past few months, Elon Musk has been spotted with the MoonPay team, and now they’re sending NFTs from their vault.
Interestingly, the PFP collage also includes images of Bored Apes that Elon Musk does not own. Some in the space industry are accusing the richest man in the world of theft and copyright infringement.
Additionally, the tweet and image changes helped boost the price of ApeCoin by over 18%. Apecoin ($APE) is the token created by Bored Ape inventors Yuga Labs.
Finally, in the 24 hours between Elon Musk’s switch to a Bored Ape NFT, there were over 22 new BAYC sales. Perhaps this is the beginning of a new relationship between Elon and the NFT community. Although hours after he changed his profile picture with 3 gold BAYCs, Elon Musk tweeted, “I dunno… seems kinda interchangeable.”