Crypto token CumRocket experienced a 400% surge within an hour after Elon Musk tweeted an image featuring an adult-themed character alongside a reference to the token. The price of the token rose from $0.004 to $0.02 but quickly dropped, currently trading at around $0.008. This is not the first time Musk's tweets have caused significant price fluctuations in cryptocurrencies. The tweet also impacted other related tokens, including the Solana-based APU meme coin, which saw an 18% increase. This news comes amidst concerns about new crypto tax reporting requirements by the IRS, which have been delayed until January 2026.



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