Crypto Enthusiasts Celebrate Coincidental Price Surge on Cannabis Culture’s Signature Day
On Wednesday, the price of Bitcoin climbed to $42,069, creating a “signature meme moment” celebrated widely across social media. The value surged by 2 percent on 20 April, a day symbolic in cannabis and internet meme culture. The combination of the iconic 4/20 date with another popularly referenced number, 42069, led to a flurry of excitement from crypto fans and advocates online.
“The stars are aligning,” one Twitter user commented, while another declared, “Ladies and gentlemen, we got him.”
Despite the excitement, Bitcoin remains a considerable distance from its record high of nearly $69,000, reached in November of last year. Many meme aficionados, including Elon Musk, still hold out hope for Bitcoin to one day reach the “ultimate” meme milestone price of $69,420.
