Will you be buying $STOPELON or the crypto created to send a message to Elon Musk that he can't manipulate the market just to make himself rich?
Will you be buying $STOPELON crypto?
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It seems to be getting a lot of traction in the media today
Journalists look for stories to get readers, that is their job.
You know the market is crazy when an "investment" that has no purpose other than to send a message gets pumped everywhere. People who become millionaires from meme coins. Those millionaires are lucky, unlucky is the million mug punters who bought in to make them millionaires.
Elon is a billionaire because he got millions of mugs to buy into his expensive products.
There are only a handful of cryptos, all the rest are tokens.
The phrase should be … There's a new token created every day now. No one cares.
Yes… he reads every email I send him condemning his business practices… He has promised to change
Elon Musk is a (profanity) nuff said
Elon can't make comments about Tesla anymore because he already got a slap on the wrist. He is now making comments on non regulated securities for fun, that is why he called it a "hustle" on SNL. People just don't realise they are billionaire's entertainment. If Elon believed in Doge he would have put $1.5bn of Tesla money in but he probably would get sued.
Let's also not forget his tweets about the cave divers who rescued a dozen boys and their teacher in Indonesia.
Elon Musk says he only meant to call Thai cave rescue diver a 'creepy old man' in 'pedo guy' tweet
Let's also not forget that he made $1 billion dollars from bitcoin.
Pump and Dump scheme at its best.
LOL no, of course not
It seems pretty sad if one person can influence an entire market that was supposed to be decentralized and free from such things.
Although I do like this theory that institutional buyers (hedge funds) have arrived and executed a text book pump and dump to announce their arrival. This would make Elon little more than a puppet.
https://youtu.be/Lhf_2gJJS1IWhy is the market/people giving his words so much power?
Baaaaaa
Exactly the same reason people are obsessed and watching Kardashians.
It's hilarious people believe elon needs to manipulate the market.
When you have that sort of wealth, banks will lend you ridiculous amounts of financing against your collateral (billions in stock). The wealthy never realize taxable events.
The general public has no idea of the games being played
He is manipulating the market no doubt and this coin has been started to take advantage of it. If timed correctly, it may do really well but is a shitcoin at the end of the day.
But we saw where DOGE went.Some go parabolic, but these are rare. Heaps of coins with the same tokenomics (eg 10%~ fees when buying and selling) and don't have much technology, funding or use case. It would essentially be a bet on whether it gets enough people in. Had my last $10 of the crypto budget (after being rugged etc) in a coin called Fairmoon. After four hours, it went to $76, and if I left it in maybe i'd have about $150. Months later, one of the devs eventually left with the liquidity, so ended up being a scam. Better to invest in any top ten coin for relative security.
Elon Giveth, Elon Taketh Away.
hell-to-the-no
No. It's not like he could care less anyway, just people capitalising on us mugs. There's a new coin created every day now. It's getting out of hand.