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Elon Musk's announcement about Neuralink chips raised the price of the token by almost 40%

Billionaire Elon Musk announced that the first patient with a chip from Neuralink was able to control a computer mouse with the power of his mind. The price of the token of the same name jumped by 37.4%.

Recall that Musk introduced this chip in January 2024. Then he stated that the implantation was successful. Against the backdrop of the news, the NEURALINK token rate set the ATH at $2.4.

“Progress is good and the patient appears to have made a full recovery with no adverse effects. “He can move a computer mouse pointer across the screen with his mind,” said the billionaire.

According to Musk, the company is working on multitasking. Experts ensure that the patient can, for example, move the pointer while holding down a controller key.

However, it is too early to talk about the widespread introduction of these implants, Musk is sure. Global adoption of Neuralink chips is still years away, he added.

Against the backdrop of the news, the NEURALINK rate again exceeded the $1 level. At the moment the asset reached $1.99, but then a pullback followed:

NEURALINK/USD exchange rate on the Uniswap exchange. Source: DEXTools. Chart: TradingView.

The asset is in no way connected with Musk's company. Moreover, the billionaire has repeatedly stated that none of his companies will ever issue their own token.

Source: Cryptocurrency

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