What if Elon musk launches his own coin?

[bryant.coleman]

Doge is more like his own coin.

No. Doge has been in existence with 2013. And when did Elon first tweeted about Doge? In 2021? Till now, there is no formal linkage between Dogecoin developers and Elon (either directly, or indirectly through Tesla). And moreover, Dogecoin also has a PoW algorithm similar to Bitcoin. And Elon is a known opponent of the PoW algorithm. He want the cryptocurrencies to change to the less secure PoS algo. And unlike Ethereum, the Dogecoin developers are not even considering a shift to PoS. They are fine with the existing setup.

[Kelvinid]

He is free to do that but wondering who will invest in his project? I don't want to make any conclusion but I know the community is already aware of what he does to us, if we allow him to run his projects and support him, it is just like we are tolerating such manipulator to succeed.

Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.

[Atang Sulaeman]

influence to start and launch his own coin to the market?

If Elon Musk releases his own coin, there will definitely be many who support him because his popularity will definitely increase the value of his own coin. and surely the maintenance will be very well maintained and the community will trust it more.

[wallet4bitcoin]

If elon musk create a token/coin. And if he announced that publicly, Then i think that will be a popular crypto. Some people’s are not happy with elon musk recent activities. But, I think that's not effect on that crypto. But, I think he never create a own crypto publicly.

[Ekyfitri]

If elon musk create a token/coin. And if he announced that publicly, Then i think that will be a popular crypto. Some people’s are not happy with elon musk recent activities. But, I think that's not effect on that crypto. But, I think he never create a own crypto publicly.

so far we haven't seen it. but in the social media community, we can see several BSC token names that use the name Elon or Tesla.
currently creating a private token is very easy. everyone can do it including Elon. but to develop and be accepted by the market is not easy.

[conected]

influence to start and launch his own coin to the market?

If Elon Musk releases his own coin, there will definitely be many who support him because his popularity will definitely increase the value of his own coin. and surely the maintenance will be very well maintained and the community will trust it more.

- You should know that his popularity in the crypto market started from what problems and understand such reasons, his products probably only have community and spiritual values, usefulness won't be too high, we choose to join him is similar to participating in doge, it will have a certain fun but continue to dive into the game like that, the risk will appear with a lack of seriousness. But perhaps launching such a product was also difficult for him, time and his company management did not allow him to have more opportunities, it will be overwhelming and he will lack rest

[ancafe]

He is free to do that but wondering who will invest in his project? I don't want to make any conclusion but I know the community is already aware of what he does to us, if we allow him to run his projects and support him, it is just like we are tolerating such manipulator to succeed.

Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.

Well, he definitely has a way of increasing the price of the coins he makes if he wants to make some coins, and I'm pretty sure people will be interested in that.
well, for example, even when he wrote something about Doge, the price went up high, even when people didn't understand what he meant. many people realized it was being manipulated, but that didn't stop people from taking advantage of it. Well, I'm also quite curious if Elon Musk actually makes his own coin.

[fahmimajannat]

It will blast at first because the person behind it is elon musk.
So it will pump soon as it hits The market.
So all investor will invest in this coin for elon musk.

[Meta anggraini]

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

I think the answer is yes, many followers will follow him, its will be like Tesla stock or Doge coin hype.
But i dont think its a good things, because the market sentiments is based on one man influence not because of any fundamentals behind it.

[travwill]

Then I will think that he has completely lost his mind. At least this makes little sense, because Tesla shares already exist, the coin would have an exclusively speculative nature.
At the same time, after all those things that Elon said in his tweets, he should be very careful in choosing a blockchain, haha.

[hari9981]

Then I will think that he has completely lost his mind. At least this makes little sense, because Tesla shares already exist, the coin would have an exclusively speculative nature.
At the same time, after all those things that Elon said in his tweets, he should be very careful in choosing a blockchain, haha.

If he makes a token on the BSC platform, it could be deadly combo, CZ and ElonMusk would make that token hype come true.
If they shill the project together, its not impossible we could see the price of that token x100 or even x500.

[Kasabus]

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

I think the answer is yes, many followers will follow him, its will be like Tesla stock or Doge coin hype.
But i dont think its a good things, because the market sentiments is based on one man influence not because of any fundamentals behind it.

If he will create his own coin, then it will surely do lot of pumps and dumps based on his kind of tweets. And people who are following him might lost their minds too.

But i believe Elon is a smart person so he won't come up with another coin. Instead, he'll focus on Doge coin which he is really into right now. I see that Elon Musk is using his power right now but as they say people come and go, Elon Musk will definitely be a memory in the future and makes no impact anymore on the crypto market.

[Darktongue]

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?

After making this cryptocurrency hype about Dogecoin, I realized that Elon musk has no knowledge of crypto. He is here for his opportunity to create some Dogecoin tweets. How many people are dying for some guns and grenades? Even though people are making for their own opportunity. Elon musk doesn't like Bitcoin, what kinds of coins he will launch maybe shit without his popularity.

[lixer]

He is free to do that but wondering who will invest in his project? I don't want to make any conclusion but I know the community is already aware of what he does to us, if we allow him to run his projects and support him, it is just like we are tolerating such manipulator to succeed.

Okay, let's have him do it, and let see how his project lying dead. There are a lot of memes coins around and that he probably be making the same as well.
Wait, Dogecoin? He makes another one if that he wants just to divert the minds of the people and might uses another name to cover up his true identity.

The question is not "can he do that" it is about what would happen. I think are way too optimistic, this is the same guy who once joked about "there should be a marscoin" for the future when we are in mars and there was already one, that went up %9000+ in a single hour after he tweeted that, it was obvious he didn't talked about the already existing one but that coin went from 180 bucks per day volume to 250 thousand dollars volume in a single hour.

So, if he ever creates a coin/token that means he is going to end up with a ton of money invested, like serious amount of money, we are talking about like maybe a billion near levels and that is what I think will change soon, that is what I am seeing in the future if Elon ever creates a coin. This is going to be fun to watch, I would never invest but I would love to watch it unfold.

[trauchot]

In general, this is a very interesting idea, and I think if Elon Musk will create his own cryptocurrency, then it will be very popular and in demand, since the whole world follows Elon Musk and a lot of big investors also follow Elon Musk, and if Elon Musk will create his own cryptocurrency, then I am sure that the trading volumes of this cryptocurrency will be incredible and Elon Musk also I think will invest a lot of money in this cryptocurrency, but for now this is all just a thought out loud and perhaps Elon Musk does not need its own cryptocurrency.

[kenelmark]

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?

Of course it will work, and the price will be high. In Dogecoin, Elon Musk only acts as an investor, but he is able to make the price soar, and of course when he develops his own coin, then he will spend a lot of money pumping it. When prices are high, and other investors start to be tempted, then at that time he will take profits.

[Expecto]

We know how he's dragged many people into DOGE after he started supporting the meme cryptocurrency. I can't even imagine what can happen if Elon Musk launches his own cryptocurrency. I think people would have a big interest in it for sure. As long as he backs it, there will be tons of people who are ready to invest into it right away.

[ZAINmalik75]

Everyone know that elon musk is strong financial person at the time. It mean that it has alot of power to pump or dump market through his financial power or through his social media power .
Because everyone blindely trust on him if he tweet something positive about market then market start bullishing while if he post something bad about market then market start bearish.
So I think if he launch his own coin then I am 100% sure that this coin will be more bullisher then dogecoin

[gabbie2010]

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?

of course it will be successful, because people who invest in Dogecoin due to Elon Musk tweet will switch to coin made by Elon Musk, so the community of Dogecoin will decrease and of course it will make the price of Dogecoin go down, while coin made by Elon Musk will have a huge community and make the price increase very high.

Elon Musk has his own fans who shares his ideology those are the people that will invest in his coin, while others wouldn't buy the idea or get involved in any Elon Musk related issues due to his influence on the price of any coin where his interest lie on, his recent negative tweet on Bitcoin that resulted to the massive dumping of it price has made him to have many enemies than friends in the world of cryptocurrencies thus the chances of coin being successful will be slim because of his dominance on the coin this is based on my own opinion

[iTradeChips]

We know how he's dragged many people into DOGE after he started supporting the meme cryptocurrency. I can't even imagine what can happen if Elon Musk launches his own cryptocurrency. I think people would have a big interest in it for sure. As long as he backs it, there will be tons of people who are ready to invest into it right away.

What I think is that Elon is still a force that can influence the world of crypto. We need to remind ourselves that however we hate the man as a crypto manipulator, many many people adored him for being an innovator. He would still have his thousands of followers that would still follow him and support him. I mean he is a still billionaire and still be capable of doing many things that an ordinary man might call a manipulative move. Love him or hate him you can try to listen to him or ignore him.