What if Elon musk launches his own coin?

[Mihawk]

Why would they buy something created by Elon Musk? What would this coin provide that other coins no longer provide? It is impossible that it guarantees valuations without price fluctuations and at the same usefulness to people worldwide. The fact that he is a DOGE advocate against the BTC, would create an inappropriate atmosphere with the BTC community that is not small. It really wouldn't make sense for him to create his own coin and he probably already thought about it, how would he handle his deals in real life afterwards? If he guarantees that the coin could be used in his deals, there might be a buyer, but even so, it's very risky.

[Botnake]

It's not impossible and it's likely to happen.

Elon has proven that he can influence investors in the crypto space, that's all he needs to launch his own.
I'm just wondering what would happen to the coins he has been shilling if he already had his own.

All you need in crypto is the name, and people will just follow blindly, that's the sad reality.

[mamahdedeh]

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.

right, currently Ellon still has money that can move the market. In fact, if we can afford it, we might be able to make money easily like what was done before, have the capital and community that can help push the strategy to launch. and we know that the basic nature of cryptocurrencies cannot be separated from the element of manipulation, therefore we as small fish can only follow what the whales do in order to get a little food

[ven7net]

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?

I believe that the release of Elon Musk's own cryptocurrency at a certain point in time would have led to a large increase in its price, but after that it would have lost some of its liquidity and, as a result, it would have become a common cryptocurrency of which there are now a lot. All this is due to the fact that Elon Musk himself has the goal of simply making money, which means that even if he does launch his own cryptocurrency, it is only in order to earn some more money. On the other hand, he does not need this, since he can easily manipulate the price of almost any of the cryptocurrencies.

[conected]

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?

I believe that the release of Elon Musk's own cryptocurrency at a certain point in time would have led to a large increase in its price, but after that it would have lost some of its liquidity and, as a result, it would have become a common cryptocurrency of which there are now a lot. All this is due to the fact that Elon Musk himself has the goal of simply making money, which means that even if he does launch his own cryptocurrency, it is only in order to earn some more money. On the other hand, he does not need this, since he can easily manipulate the price of almost any of the cryptocurrencies.

- Looking at his biography and impulsive past, and besides initiatives, it's hard to say that Elon Musk has no intention of creating product lines with his brand name as his name, sometimes manipulation is no longer the main dish and less attractive to him, he can switch to a system of his own. Don't think his coin will lose liquidity over time, you can see the initiatives that have brought him to where he is now, it always has more than competition, may not rank first but it is the mark to record the pride and character of Elon Musk

[pinoycash]

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?

In the even he launch his own coin, it will be just like other famous token/coin. They cannot dethrone BTC or even reach the level of Ethereum. It might hype at first but once the hype goes down the price will go down as well and in the end elon and friends make billions while small time lose their money and time.

[panjay]

what? didn't he already have one? something called doge lol..

man this man is insane...just tweet anything that he wants...cum rocket,baby doge etc etc and make any token he tweet go up in numbers.

if he somehow makes his own coin, he will full pumping it 24h non-stop.

[Dr.Osh]

what? didn't he already have one? something called doge lol..

man this man is insane...just tweet anything that he wants...cum rocket,baby doge etc etc and make any token he tweet go up in numbers.

if he somehow makes his own coin, he will full pumping it 24h non-stop.

well, that is the advantage it has. however, I currently do not stock the doge or baby doge. well, if Elon Musk made his own coin, I think that would be pretty good. maybe it can be very useful for the use of the product he made. well, I'll probably try to have it over doge.

[beerlover]

Why would they buy something created by Elon Musk? What would this coin provide that other coins no longer provide? It is impossible that it guarantees valuations without price fluctuations and at the same usefulness to people worldwide. The fact that he is a DOGE advocate against the BTC, would create an inappropriate atmosphere with the BTC community that is not small. It really wouldn't make sense for him to create his own coin and he probably already thought about it, how would he handle his deals in real life afterwards? If he guarantees that the coin could be used in his deals, there might be a buyer, but even so, it's very risky.

Are you serious? I mean this guy tweets about something and it changes the price all by himself. He may or may not have the same power anymore because his influence over crypto world is getting lower and lower but that doesn't change the fact that he can still tweet about it as the most influential and wealthy person in the crypto world. He talked about doge and look what he turned it into.

Doge was about $0.005 when he first started talking about it, it broke over 0.70 at the peak eventually, someone who can make a coin that high could definitely create his coin and people will buy it for sure. Hell he joked about "marscoin" once and apparently there was one and that coin skyrocket like hell, a coin that had 100-200 dollars volume daily had 200k+ dollars volume in a day just because he tweeted about a potential of a mars coin in the future not even THAT coin.

[Botnake]

what? didn't he already have one? something called doge lol..

man this man is insane...just tweet anything that he wants...cum rocket,baby doge etc etc and make any token he tweet go up in numbers.

if he somehow makes his own coin, he will full pumping it 24h non-stop.

well, that is the advantage it has. however, I currently do not stock the doge or baby doge. well, if Elon Musk made his own coin, I think that would be pretty good. maybe it can be very useful for the use of the product he made. well, I'll probably try to have it over doge.

He is shilling DOGE and he is successful with making DOGE one of the top coins in the market.

Here's the logic, if he can make a certain coin that he does not own to be successful, how much more a coin that he will create?
Think of that, I think the fans would be delighted and they'll just follow the hype like they do with DOGE.

Elon still got it, his popularity is slowly fading but there are still investors who are blindly following him until now.

[jostorres]

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.

He is really smart and knows that if he launches his own crypto, he will be held responsible if anything goes wrong or even if the price drops by 1 cent. With the shilling of other coins, he cannot be blamed directly and has the ability to manipulate the market for his own good. If he creates his own coin and manipulates its market, it will be so obvious and people will lose all the trust they have for Elon.

I can't imagine that. If she really launches his own coin it gonna be lit for crypto market. Especially if she invite another big influencer / artist to join hes project / promote hes coin it gonna be BOOM.

For sure people will go mad about his crypto but that doesn't bring too much profit for Elon. He earns more, I believe, through sheer manipulation of small coins and their market caps because no one knows which coin he will pump so it's near impossible to guess either.

[adzino]

We might see two cases over here:
1. It is going to be a coin that has good use cases and functions that will contribute to current crypto environment and help solve any existing problems. It's going to have an active development team and community.

2. Or (very highly unlikely) its just going to be a shitcoin. People will invest in that shitcoin because they know its going to trend for a while and they can make quick profit from it. The value maybe hold because people "believes" in Elon or it may crash after few months.

[livingfree]

That will become a popular pump and dump coin. I see that some developers have already made their coins named after Elon.

They know the hype is for real when this guy is involve with their projects but they're also aware that such projects won't remain for long. It's just because of his name is very popular.

The advantage is there for the unusual type of investors.

[cryp24x]

That will become a popular pump and dump coin. I see that some developers have already made their coins named after Elon.

They know the hype is for real when this guy is involve with their projects but they're also aware that such projects won't remain for long. It's just because of his name is very popular.

The advantage is there for the unusual type of investors.

I agreed on your statement Sir, there are a lot of dev. recently who made their own coins where it was under the name of Elon Musk because
they knew the name of ELON MUSK has a big impact in the social media where for them it will gonna be an easy way for them to get profit during the time where Elon was to noisy in the crypto space and the social media.

[btc78]

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?
[/quote]
Elon Musk had already lose his popularity and sympathy from the crypto community ..

So there will never be a good outcome from that coins.

[bison]

If Elon makes his own coin and tries to dominate the market maybe it can happen if he is able to maintain his popularity to influence people to believe in him, with the capital he has, maybe he can do a massive pump like he did to the doge, but to I have some doubts about the future durability. Maybe it will just be a moment of hype.

[masterrex]

Why not? Elon Musk is very capable to do that his a tech mogul remember? and if that happens I'm sure that his coin has its own productive use cases or maybe it can be used in other Elon's companies and businesses but that was only my opinion. because Elon Musk is a very busy person he is known to be hardworking and very hands-on with his goals and I think his attention now focused on Tesla and SpaceX both companies are two of the most technologically advanced companies in our time.

[kaseygriffin]

If that really happen it gonna be so hype and there will be a lot of investor will put money into that. But i don't think Elon will do it because it will take a lot of time from him, so i think she will just focused to develop SpaceX and Tesla.

The influence of Elon we all know, if this happens then I think the coin will really attract people. However, I am very realistic with this issue, it is possible that he will not directly create any coins but I believe that the interest from Elon can help him accompany and develop this field in the future next time.

[BaeSuzy]

I can't imagine that. If she really launches his own coin it gonna be lit for crypto market. Especially with Elon musk big name it will be very easy for him to invite another big influencer / artist to join or promote he's project.

[killerfrost]

I can't imagine that. If she really launches his own coin it gonna be lit for crypto market. Especially with Elon musk big name it will be very easy for him to invite another big influencer / artist to join or promote he's project.

Although I have thought about this, but I believe it will not happen, I think Elon will do better when applying blockchain and his ecosystem.
But honestly, lately I've started to dislike the madness of Elon, he has been manipulating Dogecoin all this time.