Elon Musk’s Tweet Sparks Remarkable Surge in $BOB Altcoin: Meet the ‘Explain this Bob’ Bot.
A tweet by Elon Musk has triggered a bull run in an altcoin called $BOB, following the billionaire’s endorsement of the ‘Explain this Bob’ Twitter bot. This bot, created by Prabhu P. Biswal, utilises OpenAI’s GPT-4 model to simplify complex tweets or questions on Twitter.
The Rise of $BOB Altcoin
Previously, Musk’s tweets were known to cause short-term surges in the cryptocurrency Dogecoin. However, this time, Musk’s support for the ‘Explain this Bob’ bot has propelled the $BOB altcoin to surge over 1,000% since its listing.
The Brain behind ‘Explain this Bob’
Prabhu P. Biswal, a 24-year-old from Bhubaneswar, Odisha, is the creator and manager of the ‘Explain this Bob’ bot. Biswal, who also developed the Desk Tonk AI bot, specialises in simplifying stock and crypto-related news.
Bob’s Impact on Twitter Conversations
The ‘Explain this Bob’ bot assists users in comprehending complex tweets by breaking them down into simpler terms. Users tag the @Explainthisbob account on the tweet they want to be explained, and Bob responds within the thread with an easily understandable interpretation of the main tweet.
The Birth of $BOB Token
During a conversation where Musk criticised Twitter’s data sharing practices, Bob intervened and provided a straightforward explanation of Musk’s tweet. Elon Musk responded with appreciation, stating, “I love Bob.” Subsequently, the $BOB token witnessed an extraordinary bull run, surging over 1,000% since Musk’s reply.
Behind the Scenes and Future Plans
In an exclusive interview with Business Today, Prabhu Biswal explained that he initially created the ‘Explain this Bob’ bot for coding practice but found it widely used to explain complex finance and sports-related tweets. He continues to upgrade the bot with advanced filters and functionalities. Additionally, he revealed that a dedicated group of individuals passionate about Bob’s functionality supports and funds the $BOB token and its ongoing development.
The Cost and Future Prospects
As ‘Explain this Bob’ gained popularity, the backend costs of running the bot increased significantly. The introduction of the $BOB token allowed for the utilization of a more powerful AI model. Biswal is currently working on expanding Bob’s presence on platforms like Telegram, Discord, and Reddit, which will further increase the backend costs. Biswal remains optimistic about the bot’s future and plans to implement automated video and audio features, streamlining the rendering process to enhance user experience on Twitter.
