Solana Meme Coin Super Inu Jumps, Tops $45 Million Market Cap on Musk’s ‘SI’ Remark
Summary
- The price of Solana-based meme coin Super Inu (SI) surged more than 22%, briefly pushing its market capitalization above $45 million.
- The rally was driven by comments from Tesla CEO Elon Musk, who said Super Intelligence, abbreviated as SI, was a better term than artificial intelligence (AI).
- Super Inu (SI) has no official link to Elon Musk or related companies, and the move appears to reflect temporary speculative demand tied to the similarity with its ticker.
Forecast Trend Report by Period
Solana-based meme coin Super Inu (SI) posted a short-term gain of more than 20%.
BlockBeats reported that Super Inu surged more than 22% at one point on Oct. 4. The rally briefly lifted its market capitalization above $45 million.
The jump followed comments from Tesla Chief Executive Officer Elon Musk. In a social media post that day, Musk said he would no longer use the term artificial intelligence, or AI, adding that SI, short for Super Intelligence, was a better expression.
The U.S. government had also recently announced a policy to use the term SI instead of AI in official documents and other materials.
Super Inu, however, has no confirmed official link to Musk or related companies. The similarity between SI and the token’s ticker appears to have briefly spurred speculative demand.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul