What if Elon musk launches his own coin?

[Rruchi man]

The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

Do you think an altcoin created by Elon musk will do well in the market?

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[MrcMrc]

Elon Musk has become a household name in the crypto and tech space lately, and this is connected to his recent involvement with bitcoin and dogecoin. The Tesla CEO has all it takes to create a coin of its bit I don’t think he will go in for that since he has made no sign of token creation, but if he does in the future, then it will be a welcome development in the competitive crypto market.

[TeQuiero]

Do you think an altcoin created by Elon musk will do well in the market?

Yes, it will do very well when Musk says he will accept it as a payment method for Teslas. When the price peaks, he says he won't accept it for Teslas anymore because of energy inefficient. And when the price dumps, he announces he and his team are working on a solution on energy inefficient. Things will go that way. Pump and dump and pump and dump.

some suspect that he has a plan to manipulate the market

Yes, he has. He's a man of wisdom. Remember how he broke a Tesla Cybertruck's window to make it viral?

[Godwinpaul]

Elon has gotten a lot of popularity in the cryptocurrency industry and that has translated into a huge number of fans. Whether we see it or not, Elon musk can be said to be a cryptocurrency influencers and that would be instrumental to the success of his project.

[Opulous-bct]

He already has his own coin, he just needs to claim it.

Bitclout. Where every famous guy already has his own coin;) And just doesn't know about it yet.

[ryzaadit]

-snip-

Is not a coin.

Bitclout just a providing creating #NFT for some famous cryptocurrency so that just an #NFT everyone can be created #NFT right now even some platform has a free service to create some NFT.

[udidrone]

The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

Do you think an altcoin created by Elon musk will do well in the market?

Well, at least Elon Musk will know what his coin will be used for. I mean, there are a lot of ICOs which success and they even don't have their real product yet. What is on my mind in past, why not all ICO create their product first then open crowdfunding. And the money can be to develop their product instead of create their product with people's money.

[Irazzzta]

The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

Do you think an altcoin created by Elon musk will do well in the market?

From his last tweet's. now Elon Musk is working with DOGE developers, to improve transaction efficiency. So I think DOGE will become Elon Musk's coin. if he were to make his own coin, I think it will be a very popular coin in the crypto world.

[CryptocurencyKing]

I heard of a token to have been in circulation lately @EMUSK https://coinranking.com/coin/mtZ4161fMbXE+elonmusktoken-emusk, its also referred to the as  Elon Musk Token. Its yet to get any real value but then, the crash of bitcoin for Musk and others within his realms of idea is that, as all coins would rise, there projects would too. Sadly, the much chaos he has  caused in the market has brought  some controversial belief in him as to where he really stands.

This is an evident  of the  fact that, an institutional manipulation of the market is of no good to anyone that isn't the institution or huge investors at most. Getting back control as a short term trader or retailer is advocated. Its the only way to truly predict and enjoy the moves in crypto.

[Tellek Garing]

he's the former CEO of DOGE and I think DOGE is already a coin of his own so there's no need to make another coin, and look what happens to DOGE, many elon musk followers are pretty stupid to believe in jokes

[zasad@]

The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

Do you think an altcoin created by Elon musk will do well in the market?

Why does Elon Musk need to create his own altcoin. Elon Musk is much smarter. He bought Dogecoin in 2018-2021 and bought almost all of the free coins. He is not a stupid person and did it in such a way that there was no evidence.
After he took possession of most of the coins, he began to actively pump up the price so that the last owners would sell it.
Then he pumped the price several more times and sold his coins to the hamsters.
Ideal scheme and no problems with regulatory authorities

[ubercool]

If that happens then the coin will be pumped and dumped on every tweet he makes. It'll be nothing but a meme coin because Elon musk is not like any other owner. He'll be tweeting anything which comes to his mind which is not good for the long term growth of any project.

[Adeosho15]

Coming up with his own coin will probably be a very smart move for Elon Musk, and with how he has been able to move the market with his words I and optimistic if he comes up with his own token it will flourish in the current market and make a lot of money for investors. personally I am looking forward to that move by Elon Musk

[eaLiTy]

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

There is no point in releasing another coin for the sake of releasing something in crypto. If he is having any innovative drive and can develop something which is not yet released then it is a different story.
I do not think he will come out with a coin if there is nothing substantial to offer and I never felt he is serious about the crypto market and I always felt that he is trolling the market with his constant tweets.

[Ridwan Fauzi]

Remember, most crypto user just hated a centralized coin. Take a look to ripple, if there is an information that the badmg holder sell the ripple coin then we will see a huge dump. Moreover, if the crypto currency just being created by one person although he has a popularity then I believe the coin will not success for long time. The manipulation issue is the first factor for most crypto user hate the centralized coin because the owner coin will be a bag holder for coin itself.

[Yogee]

It won't turn out well for him in the long term if he does that. It's different if a guy that's already well-known and has obvious influence launches his own coin. There's just too many implications for Tesla even if he doesn't involve the company in this project. Tesla investors may not like the move and there's the SEC who will most likely investigate.

[bhadz]

It will do well at the beginning and that's for sure but the question is next if him and his team will manage to take care of it. Just as we know with the market, whenever what's launched earlier, there will be a bunch of investors coming in and out with that coin because they believe not to the coin but to the person that has launched it. I think this type of strategy must be changed or it will be automatically changed when we go again to the bear market.

[serjent05]

The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

Do you think an altcoin created by Elon musk will do well in the market?

If Elon Musk launches his own coin then I think he will have a hard time naming his project without any duplicate because almost all the name related to him and his company had been used by both legit and scam projects.  Aside from that, I think he will use his money and influence to make his coin in top.

[Anonylz]

Without a doubt Elon Musk has a huge amount of followers interested in what he has to say, some of them are influenced by his actions and words (directly or indirectly) and being a business and the second most richest man on earth, Elon is already aware of the power he has over many people, such power can be easily manipulated (the case of dogecoin as example) hence it is possible such thought already cross the mine of the man, and if ever such happens, there will be many people that will support the project, and since Elon understand business pretty well, am sure such alts will do it.

[Argoo]

The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.

What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?

Do you think an altcoin created by Elon musk will do well in the market?

Ilona Mask has good opportunities for creating cryptocurrency. Create simply a coin so that it performs the usual feature of the payment tool, it is not worth it. This will be another ordinary coin that will differ from many similar only to what will use the name of Ilona Mask. Since he is developing space and has an intention in the near future to colonize the planet Mars, he can think about how to create money for Mars to create money for Mars or creating cryptocurrency for specific global neighboring projects. This actually should be a commercial project and means there must be huge. Investors could be the co-owners of this project on the principle of securities. This is if Ilon Mask needs to finance certain global projects. Such cryptocurrencies could well have a perspective.