Elon Musk's Twitter Comments Cause Meme Coin BOB and AI Bot Suspension

The price of meme coin BOB fell by 45% after Elon Musk called its Twitter bot account a "scam" and Twitter suspended the account. The automated @ExplainThisBob account quickly went viral on Twitter in late April for its witty summaries and comedic responses to tweets. Musk once replied "I love bob" to an @ExplainThisBob in April, aiding a quick price surge at the time. However, Musk said last week that Twitter would crack down and suspend accounts that seemed to "game its verification system" and "self-promote or advertise in a misleading way."