Elon Musk accidentally created a new cryptocurrency. WTF?

[Bollexz1]

Well, no one is certain if Elon own Floki Inu yet as the business mogul is yet to make an official announcement about it. But I think one way or the other, he somehow consisted in the project development.

[Starkick]

Is there any reason why Elon Musk has been quiet after the May dump?

There may not be anything wrong except that he is only taking his time and planning his next media stunt. Elon Musk likes to be talked about. He wants to stay in the minds of people. When you think he is losing publicity he comes back strong to look you in the face. Nevertheless I will like to see him keep quiet and disappear from public scene for a while and allow the coins he promoted in the past to grow on their own. Musk's tweets in the past have often resulted in pump and dump and that is not good for any coin and token.

Exactly! It doesn't cost anything for Elon to write a couple of tweets that can dramatically change the situation on the crypto market in the future. I don't think it's a very fair game.

[the ghabbar]

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

Unlike the pattern that was done by Elen Musk at that time, the efforts made by people today are only based on greed, making some coins after that sell them during the hype, but they are not aware of the effects of these actions, while Elon Musk makes reasonable speculations , by making dogecoin become invaluable, although it is the same as taking advantage of the profits personally, but in general Elon Musk is more coordinated and benefits both parties, so what he does is more rational than this incident.

[Jaered]

This shows you how flaky and flimsy crypto is. Someone, maybe a popular character sneezes and tokens are popping up all over the place. I wont spend a dime on these meme coins

[Starkick]

No matter what Elon does, it's not a giveaway And Utopia p2p started another bounty campaign today: https://bitcointalk.org/index.php?topic=5361483.msg58005223#msg58005223 Everyone can get Crypton for free just participating in uTalk forum discussions. I really like such campaigns where you don't have to do lots of stuff in order to get a reward.

Isn't this fake? =)) I have never seen such actions before! The conditions look too simple, it should be noted. But, thank you, I will certainly read the terms in more detail.

[SarangWallet]

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

Elon Musk realized that he could sell any shit to hamsters, because all of his statements somehow affected the value of certain cryptocurrencies. Although many are dissatisfied with his activities in the crypto world, but this does not prevent him from continuing to earn. He took out another bad token and made money from it. Will issue some more tokens and will also earn. The crowd learned nothing and continued to allow themselves to be undressed in monetary terms.

[Sethrey]

No matter what Elon does, it's not a giveaway And Utopia p2p started another bounty campaign today: https://bitcointalk.org/index.php?topic=5361483.msg58005223#msg58005223 Everyone can get Crypton for free just participating in uTalk forum discussions. I really like such campaigns where you don't have to do lots of stuff in order to get a reward.

Isn't this fake? =)) I have never seen such actions before! The conditions look too simple, it should be noted. But, thank you, I will certainly read the terms in more detail.

No, it can be called a competent promo strategy that the developers have created. I think not all users liked the conditions of the previous promos, let's just say they needed some creative factor. Now the promotion is designed for those who want to earn money with the help of mechanical actions.

[Starkick]

No matter what Elon does, it's not a giveaway And Utopia p2p started another bounty campaign today: https://bitcointalk.org/index.php?topic=5361483.msg58005223#msg58005223 Everyone can get Crypton for free just participating in uTalk forum discussions. I really like such campaigns where you don't have to do lots of stuff in order to get a reward.

Isn't this fake? =)) I have never seen such actions before! The conditions look too simple, it should be noted. But, thank you, I will certainly read the terms in more detail.

No, it can be called a competent promo strategy that the developers have created. I think not all users liked the conditions of the previous promos, let's just say they needed some creative factor. Now the promotion is designed for those who want to earn money with the help of mechanical actions.

YES, the previous bounty was quite creative. Just like the first one. You're probably right that not all users were satisfied with such conditions, so I think the developers made a good move.

[bitterguy28]

Is all the excitement around the project really a hype?

again SHiba Inu increase high this week alone , now valuing  0.00003$
that is how many percent from the last value you posted? please do the math.

This shows you how flaky and flimsy crypto is. Someone, maybe a popular character sneezes and tokens are popping up all over the place. I wont spend a dime on these meme coins

funny thing but indeed, i don't know where does the value of this shitcoin coming from as hyping too much just because it is created by Elon Musk.

[kevincandra]

Overall the price of the coin depends on the supply/demand in the market. but what Elon Musk is doing is trying to influence investors' minds. facts show that his Meme Coin is a HYPE. if you are in ElonMusk Lineup, then you should monitor in every tweet he publishes so as not to miss the train.

[alviemery96]

The founder of Tesla and SpaceX, Elon Musk, again stirred up the cryptocurrency market on Friday, leaving a seemingly harmless message about his new dog.

He said that he chose a nickname for his Shiba Inu puppy. His name will be Floki. In early May, Elon Musk first announced that he intends to take a Shiba Inu puppy. Then the cost of the Shiba Inu cryptocurrency increased by 68% in an hour.

After Friday's announcement by Musk, the Shiba Inu exchange rate increased by 26%, but later corrected. However, another thing is more interesting: 9 minutes after the appearance of Musk's post on Twitter, the Floki token was created on the decentralized Uniswap crypto exchange. Within an hour, its price increased by 795%, to $0.000000001100. As a result, the growth was about 3500%.

Do you think this is another attempt to influence the crypto market? Will the project be eco-friendly, because in the case of chia, everything was not so positive? There are already green projects on the market, for example, Crypton , for mining which only needs Internet access and a PC.

Is all the excitement around the project really a hype? Like chiahype and etc.?

Unfortunately there will always be people who can be easily swayed by deceptive strategies. I would never use any cents in my wallet to invest in something that is just hype and nothing more. we should choose long-term and sustainable projects for long-term and safe investment, do not follow the hype because it is only for a short time and the risk is very high.

[ElmedoRator]

Everything Elon Musk does something must greatly affect his activities in the crypto world, sometimes some people think it's just an Elon Musk tweet, but some of them use the tweet as an excuse to influence crypto, somehow affect the value of certain crypto currencies, even though Elon Musk not that he is making an attempt to influence the crypto market

Elon Musk's influence is undisputed but notice how people observe his lineage and create trash in this space. I'm not too harsh on that because the people who will be greatly affected will be those who lack knowledge in this area.

[Sethrey]

Elon Musk's influence is undisputed but notice how people observe his lineage and create trash in this space. I'm not too harsh on that because the people who will be greatly affected will be those who lack knowledge in this area.

But people run after everything he says.. And it's not the best way of behaviour. It's much easier to lose money than to earn. Even if you look for something fresh, there are much better variants than one-day hype coins.

[Slon55koz]

Everything Elon Musk does something must greatly affect his activities in the crypto world, sometimes some people think it's just an Elon Musk tweet, but some of them use the tweet as an excuse to influence crypto, somehow affect the value of certain crypto currencies, even though Elon Musk not that he is making an attempt to influence the crypto market

Elon Musk's influence is undisputed but notice how people observe his lineage and create trash in this space. I'm not too harsh on that because the people who will be greatly affected will be those who lack knowledge in this area.

Elon Musk, of course, first of all made a big profit for himself by advertising Dogecoins in his Twitter. His projects as a whole should improve people's lives, but apparently he doesn't have enough money to implement them. Therefore, he made sure that thanks to the hype on Dogecoin, he managed to earn money. The cryptocurrency market cannot leave everyone happy, here someone earns and someone on the contrary loses, you need to understand this.

[wiss19]

I never really understood people who made trades based on what Elon tweets. Why would something called "floki" be increasing that much just because its elons dogs name? I mean it is obvious that speculation and manipulation is at a very high level. Let these go otherwise you are going to be making a huge loss in the long run.

I personally hope that people would eventually realize that they are making a horrible mistake with these trades. Dogecoin, Shiba, and obviously Floki, are not things that you should invest, a token based on a tweet is not something that you should spend money on. There are so many fundamentally good coins that you could buy, take a look at those if you want to make a profit.

[Starkick]

Elon Musk's influence is undisputed but notice how people observe his lineage and create trash in this space. I'm not too harsh on that because the people who will be greatly affected will be those who lack knowledge in this area.

But people run after everything he says.. And it's not the best way of behaviour. It's much easier to lose money than to earn. Even if you look for something fresh, there are much better variants than one-day hype coins.

Absolutely. In their desire to get income quickly, these users forget about the unprofitability of projects or their insolvency for a long period of time. Frankly, I'm pretty tired of the hype around new and supposedly promising coins that appear every month and disappear quickly.

[Sethrey]

I never really understood people who made trades based on what Elon tweets. Why would something called "floki" be increasing that much just because its elons dogs name? I mean it is obvious that speculation and manipulation is at a very high level. Let these go otherwise you are going to be making a huge loss in the long run.

I personally hope that people would eventually realize that they are making a horrible mistake with these trades. Dogecoin, Shiba, and obviously Floki, are not things that you should invest, a token based on a tweet is not something that you should spend money on. There are so many fundamentally good coins that you could buy, take a look at those if you want to make a profit.

You're right, but I won't be worrying so much about them. Every person makes its own decision and we have to let them do that. I was just laughing on that hype and a little bit sad that really interesting coins don't have such attention. For example the launch of the first privacy stablecoin UUSD was just missed. And it's a great innovation.

[Starkick]

By the way, Utopia USD was listed on the exchange yesterday - https://p2pb2b.io/trade/UUSD_USDT/ And not only UUSD, but Crypton also - https://p2pb2b.io/trade/CRP_USDT/ I think it's a great news as coins will get more trust and maybe Crypton will start gaining its value after that. Let's see.

[JahriMeayer]

Maybe doge was part of an experiment of elon so that he could know how the whole process is work. Doge was old toy for elon mask and now he shift to floki. It wasn’t created accidently but more than master plan. Meanwhile i check floki inu on coingecko, it already listed on so many exchange and haven’t dump since it created. They claimed themself wolrd largest meme coin! Maybe they aiming to be next doge or something like that

[Congyang]

Elon Musk's influence is undisputed but notice how people observe his lineage and create trash in this space. I'm not too harsh on that because the people who will be greatly affected will be those who lack knowledge in this area.

But people run after everything he says.. And it's not the best way of behaviour. It's much easier to lose money than to earn. Even if you look for something fresh, there are much better variants than one-day hype coins.

Absolutely. In their desire to get income quickly, these users forget about the unprofitability of projects or their insolvency for a long period of time. Frankly, I'm pretty tired of the hype around new and supposedly promising coins that appear every month and disappear quickly.

even if that's the case, we can't prevent this from happening because pump and dump hype and fomo have always been a mainstay when talking about things like this.
for people who already understand very well about ways to benefit themselves it will be very good, but the problem is that they are beginners who are still getting involved in this.
but indeed there are no restrictions or restrictions when in crypto everyone is free to do anything even though it is about manipulation like this