What if Elon musk launches his own coin?

[techearn17]

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

I think he will launch his own shittoken possibly in the future.

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

No way. That will be a pump dump token that Elon Musk will use for manipulation.

Of course, we don't want to dump pumps in the markets. By the way, people always talk about the corrupt market and say that this market is not stable.
It's good for our market if people like Elon Musk stay away from our market.

[Tigerheart3026]

when who will shilling the doge coin? lol,
if elon musk launched own coin in the market, people will buy for to see the name of elon musk coin.
which will be another pump and dump meme coin. from doge coin people have seen his manipulation in the coin market.

[Valak]

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 see there are Tesla coins on several exchanges. However, it is only a stock investment. But if he launched the coin to be able to trade as usual, then the price of the coin would increase. Maybe some of us do not agree with this. Because many think that Elon will also do the same thing as what happened to Dogecoin. However, I am sure that there are also many who support him, so that the project launched will be a success.

[Teknisi88]

I'm sure Elon Musk must have succeeded with his coin.
Because Elon Musk is a very genius person and is able to apply his abilities, unlike many geniuses out there who have abilities but can't apply them.

[dificanovi]

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?

I will not buy the coin that Elon issued, I will buy another coin. Elon Musk has gone too far, he has damaged the crypto market, I see it as if Elon is the determinant of every coin he owns. After the price of the Doge coin went up because of Elon's actions and now he created his own coin, I am afraid that the crypto market will be controlled by Elon Musk.

[mirakal]

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?

I will not buy the coin that Elon issued, I will buy another coin. Elon Musk has gone too far, he has damaged the crypto market, I see it as if Elon is the determinant of every coin he owns. After the price of the Doge coin went up because of Elon's actions and now he created his own coin, I am afraid that the crypto market will be controlled by Elon Musk.

It's not entirely Elon's fault, people make the bigger mistake to follow him blindly, what Elon did is not illegal, he is just trying to be smart using his popularity to influence the market, but if we are educated, we will know that he is just shilling and we can choose the best coin to invest, not DOGE for sure or any coin that he is shilling.

[kenelmark]

when who will shilling the doge coin? lol,
if elon musk launched own coin in the market, people will buy for to see the name of elon musk coin.
which will be another pump and dump meme coin. from doge coin people have seen his manipulation in the coin market.

If Dogecoin has learned a very valuable lesson, then some people will not buy the coin launched by Elon Musk, except for those who really love Elon Musk at this time, so there is no need to worry about it.

[Sollaes]

I consider Elon Musk to be like crypto Warren Buffett, because when Buffett invests in something in the stock market, people listen to his opinion, as well as now when Elon Musk says something regarding crypto people follow him. So in my opinion if Elon launches a coin people will invest in it. At least because of Elon Musk’s authority. But haven’t heard about his plans to create a new token yet, now he is trying to develop the current system.

[bryant.coleman]

I consider Elon Musk to be like crypto Warren Buffett, because when Buffett invests in something in the stock market, people listen to his opinion, as well as now when Elon Musk says something regarding crypto people follow him. So in my opinion if Elon launches a coin people will invest in it. At least because of Elon Musk’s authority. But haven’t heard about his plans to create a new token yet, now he is trying to develop the current system.

Elon to the cryptocurrency sector is not what Warren Buffet is to stocks. Because Elon doesn't consider cryptocurrency as his main business. He has always reacted favorably to new innovations and Bitcoin somehow managed to catch his attention. If he comes up with a new coin or token, then a lot of people will definitely invest in it. But the big question is whether he will be willing to take such a risk. Accepting Bitcoin, or investing in BTC is different from creating a cryptocurrency. If he creates his own cryptocurrency, then legally it may backfire on him at some point. Already he is in the watch list of SEC, for alleged market rigging and manipulation.

[desticy]

Elon musk is becoming a major influence on the direction of Cryptocurrency market.  His recent tweet about Tesla likely hood of acceptance of bitcoin is bullish for bitcoin and we can see immediate response to the price of bitcoin.  There are rumors that Elon might lunch space coin / token in the future. 

Absolutely not true.
At the moment and after the tweet, bitcoin did not react to the price in any way, so we can conclude that Elon Musk, on the contrary, lost his influence on the brick market due to his ridiculous tweets.

[Noruka]

Elon musk is becoming a major influence on the direction of Cryptocurrency market.  His recent tweet about Tesla likely hood of acceptance of bitcoin is bullish for bitcoin and we can see immediate response to the price of bitcoin.  There are rumors that Elon might lunch space coin / token in the future. 

Absolutely not true.
At the moment and after the tweet, bitcoin did not react to the price in any way, so we can conclude that Elon Musk, on the contrary, lost his influence on the brick market due to his ridiculous tweets.

That post of the guy you quoted looked weird anyway. Maybe he could just provide the source for his "rumor" that Elon Musk will launch a coin called space coin. I bet if Elon Musk were to start a coin, it would almost certainly not be called Space coin. Anyway, I guess Elon Musk is just busy enough with the companies he has right now and is not really planning to run a cryptocurrency in addition to what he already got to do.

[Dr.Osh]

Elon musk is becoming a major influence on the direction of Cryptocurrency market.  His recent tweet about Tesla likely hood of acceptance of bitcoin is bullish for bitcoin and we can see immediate response to the price of bitcoin.  There are rumors that Elon might lunch space coin / token in the future. 

Absolutely not true.
At the moment and after the tweet, bitcoin did not react to the price in any way, so we can conclude that Elon Musk, on the contrary, lost his influence on the brick market due to his ridiculous tweets.

I might agree more if Elon Musk makes his own coins instead of using Doge. Well, if he's looking for a coin he can control, he'd better make his own. I think people will be more interested in that too. it also made him not hesitate to make coins with functions that were motivated by Tesla. however, it might have become a popular coin if he developed it at this time.

[mirakal]

Elon musk is becoming a major influence on the direction of Cryptocurrency market.  His recent tweet about Tesla likely hood of acceptance of bitcoin is bullish for bitcoin and we can see immediate response to the price of bitcoin.  There are rumors that Elon might lunch space coin / token in the future. 

Absolutely not true.
At the moment and after the tweet, bitcoin did not react to the price in any way, so we can conclude that Elon Musk, on the contrary, lost his influence on the brick market due to his ridiculous tweets.

I might agree more if Elon Musk makes his own coins instead of using Doge. Well, if he's looking for a coin he can control, he'd better make his own. I think people will be more interested in that too. it also made him not hesitate to make coins with functions that were motivated by Tesla. however, it might have become a popular coin if he developed it at this time.

That's right, that means he is really serious with his involvement in crypto and not just shilling the coins that he knows will hype people. With him doing it, he doesn't feel responsible for the people's misery, you know, once it's too hype, it's overvalued and eventually correction will come.

[meldrio1]

Elon Musk is very popular so if he created his own coin it will go pump for sure and it doesn't matter whether a coin is a meme because people will invest it, they trust Elon Musk, you know how popular Elon Musk is, his tweets will pump.

[distr@yopmail.com]

Elon Musk is very popular so if he created his own coin it will go pump for sure and it doesn't matter whether a coin is a meme because people will invest it, they trust Elon Musk, you know how popular Elon Musk is, his tweets will pump.

people are not that stupid I'm sure. although Elon's popularity is great on social media with lots of followers. but if he were to create his own token without a proper project or market, I guess it would just be a coin that is traded and then thrown away.

[Sanitough]

Elon Musk is very popular so if he created his own coin it will go pump for sure and it doesn't matter whether a coin is a meme because people will invest it, they trust Elon Musk, you know how popular Elon Musk is, his tweets will pump.

people are not that stupid I'm sure. although Elon's popularity is great on social media with lots of followers. but if he were to create his own token without a proper project or market, I guess it would just be a coin that is traded and then thrown away.

He would not do that, if he will create his own project, it should be carefully planned because it's his reputation is at risk there. It's different from shilling a coin that he did not own than the coin he owns, and he needs to be more transparent so people will know the development, and as a very popular person, if he develops his project well, it will also become a successful one, so I'm sure people will still invest.

[capcaypro]

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.

I don't think so because a project is seen as a project as well as a white paper and where will the future take the project, even though the people behind the project can also be counted well, but if the project is not clear why should we participate in the hype . yes indeed there are many Elon supporters and maybe for beginners, they will immediately buy without thinking first. but I don't want to be like that because basically everything has a roadmap, everything has a whitepaper and I have to study it first before deciding whether the project is good or not

[marine4u]

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

Should we exaggerate about Elon?  Though Elon is the influence and power to embrace the user base from the large community of supporters.  But I'm not sure I'd invest if it didn't really solve the problem, we're not puppets.  If Elon rolls out a good altcoin, I'm definitely not biased, vice versa.  A coin born based solely on the reputation of the founder without anything good, it will soon come to a dead end.

[kak uli]

I think if Tesla's boss Elon Musk launches his own Altcoin then I am very sure he will make more money from crypto, apart from his very successful altcoin trading he is also adept at manipulating the market because he has a large capital. besides that, in the crypto world, it is no stranger to digital currency enthusiasts during a surge in digital currency prices. those are some of the reasons I think he will be very successful if he launches his own coin

[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.

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.

This will not happen. What's the point if Tesla shares already exist.
This will only undermine Elon Musk's reputation due to the fact that the crypto market is too volatile and their coin will depend on more than a large number of third-party factors.