Elon Musk retweeted a tweet about the Meme coin Shoggoth, which saw its market capitalization rise over 90% briefly before falling back.

PANews May 27 news, according to GMGN market data, possibly influenced by Musk's retweet of the AI Meme coin Shoggoth tweet, Shoggoth's market capitalization briefly exceeded 17 million USD, rising over 90% in nearly 1 hour, and has now fallen back to 12.47 million USD.