Radio Caca (RACA) is an NFT and DeFi-focused token touted as a cryptocurrency by Maye Musk, the mother of billionaire Elon Musk.
Maye Musk was never involved in the project’s development; she was honored through a collection of NFTs, so she mentioned the coin on her Twitter profile.
Radio Caca is a decentralized organization (DAO) backed by cryptocurrency enthusiasts who share a vision of building a new virtual world known as the metaverse.
In a Metaverse, Rádio Caca brings together some current affairs such as DeFi, NFTs, and play to mean games (P2E) along with Maye Musk’s collection, called Mystery Box (MPB) NFT.
Everything is almost ready: the pet – @KodaRobotDog
Turn on your speakers and enjoy this teaser. #NFTMother #greenNFTs #tothemoon ? pic.twitter.com/QxaLMnq9Xn— Maye Musk (@mayemusk) May 27, 2021
Rádio Caca donated the proceeds from the auction of two rare Maye Musk NFTs to a tree-planting program by Binance, the world’s largest exchange.
The NFTs, Musk Plus Box (MPB) 1088 and 1099, were auctioned on the Binance NFT Marketplace and raised a total of $543,368.
During a Metaverse panel discussion, Maye Musk gave NFTs 1088 and 1099 to Binance CEO Changpeng Zhao on August 26, 2021. Rádio Caca announced the donation in a tweet on February 3.
Maye Musk has tweeted nine times about Crowned “NFT Mother” by RACA and its collection of NFTs. The coin community had reason to smile, as Musk’s mother has a lot of influence in the digital world, which has resulted in a spike in the token’s price.
The most notable interaction Radio Caca had with Maye Musk was a video in which she spoke with CZ, founder and CEO of Binance. At this event, CZ jokingly said that the Maye Musk Mystery Box (MPB) gift he received from Musk’s mother is precious, so he may one day sell it to Elon Musk.
Despite all this support from the billionaire mother, the price of RACA has dropped from $0.011823 to $0.001900 in the last six months, i.e., a drop of 65% since its launch, and ample warning for those who believe in the promises of big names promoting such coins.
Recently Kim Kardashian Popular reality television personality and actress Kim Kardashian advertised a shady project through her social networks, called Ethereum MAX or ETHMAX Protocol, and was Sued For Allegedly Promoting Crypto ‘Scam’.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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