Kava (KAVA) announced that it has partnered with tesla and then said it was an April Fools’ joke.
Kava shared a post on its official Twitter account on April 1, stating that Kava infrastructure will be used in Tesla vehicles from now on.
After this post 10% rise Within minutes, KAVA shared another post stating that this was an April Fool’s joke. down 12% hurt its investors.
On top of the reactions, the team removed the posts they shared. Some of the reacting investors tagged the Twitter account of Binance CEO Changpeng Zhao, promoting Kava. “delicious” He said he should. Some say that Kava’s share of this share has been filed with the US Securities and Exchange Commission (SEC). that you complain told.
Many Turkish crypto money phenomena also reacted to this move made by the project. This is a fraud who stated that he is no longer involved with this project. won’t care There are also those who say.
In addition, according to the coinglass data, during the hours of the joke, there was a serious liquidation took place. Before short positions large amount of liquidation long positions was liquidated.