Elon Musk accidentally created a new cryptocurrency. WTF?

[Dragonfund]

People started to create projects without any purpose for very long time so this is another token influenced by Elon Musk helped to achieve such huge growth rate in just 8 or 9 minutes or so but what is the goal of such project? They create and hype then sell their tokens for profits and leave the holders, isn't it?

The creators are not be blame but the investors. I mean, what's there to invest in when you clearly know that tokens were created from a sensation tweets. It still ridicule me how this guys never stop and yet investor keep pumping liquidity into these projects.
Human and greed can never be separated, there will always be the looser no matter the amount of warnings and awareness.

[Skinny48]

Accidentally? What's all this nonsense? This is why I said Elon Musk will end up just like john McAfee, he will lose all his fans and followers for good because I'm not so sure he knew much or the difference between a good project and a shit coin, the man is here to make money only so open your eye very well and be extremely careful

[dotcoin.info]

Accidentally? What's all this nonsense? This is why I said Elon Musk will end up just like john McAfee, he will lose all his fans and followers for good because I'm not so sure he knew much or the difference between a good project and a shit coin, the man is here to make money only so open your eye very well and be extremely careful

Do you really believe that this is Elon's trick? This is ridiculous.
Elon Musk is a big fan of meme coins, apparently, and in general, it is not surprising that he became interested in SHIBU. I am sure that he did not even understand what kind of coin it was and where the roots grow from.

[Botnake]

Accidentally? What's all this nonsense? This is why I said Elon Musk will end up just like john McAfee, he will lose all his fans and followers for good because I'm not so sure he knew much or the difference between a good project and a shit coin, the man is here to make money only so open your eye very well and be extremely careful

Do you really believe that this is Elon's trick? This is ridiculous.
Elon Musk is a big fan of meme coins, apparently, and in general, it is not surprising that he became interested in SHIBU. I am sure that he did not even understand what kind of coin it was and where the roots grow from.

I don't think so, for him to shill and invest big money on this meme coin, he already understands it as his main purpose is just to make money using his power to manipulate the market. He is not a billionaire for nothing, he is smarter than we think, so we should be smart as well so we will not become victims of this manipulation.

[MarjorieZimmermanGinger]

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.?

It's really not going to stop Elon Musk in looking for loopholes to weaken the market, but projects like this are not environmentally friendly, because all of them have no positive value, I still wonder why he is so insistent on doing this.

Maybe he's just trying to influence the crypto market, to weaken some very high coin prices, if we analyze more deeply it's not only this time he wrote on Twitter, but he's done it before with Dogecoin.

If he continues to do this, I predict that in the future the market will experience significant chaos, we can also judge that his real goal is only to enrich himself and this will be proven after Doge soared at this time, although finally Doge returned to the standard price.

[iTradeChips]

To be honest, I don't even know how to deal with this kinds of hypes and baits if we can call it that. Sure, the man might be aware that he is tweeting to somehow try to influence something, maybe he bought a million shiba inus and then gave a hint of him buying a shiba inu, then making his investment up and profit from it. It is just a hunch but you will never know. There must be a reason for everything he says and it must be a calculated risk on his part.

[Starkick]

Talkin about chia fans' hopes I think that These are all empty hopes. This coin will never be successful again. The wave of hype subsided and all the shortcomings came to the surface, which even more clearly emphasized the need for truly eco-friendly projects.

And you didn't tell anything about the promo I mentioned. I think it's something people were waiting for. As it's a free and good opportunity to get good money in addition to mined coins. And just imagine how much you could mine during 3 months, when you can run up to 50 mining bots from 1 PC!

Yes, you're right. The promo conditions are really impressive. I can also note the number of users taking part in this bounty. I think this indicates the growing popularity of the project.

[m.rifki]

Maybe this is a strategy from an Elon to start his manipulation again using other coins, but what I wonder why he chooses such a coin over the better coins in the crypto market, or maybe he just likes to create a sensation in the crypto market

[Sethrey]

It's really great if you can run 50 bots on one PC at the same time because 50 mining is not a small amount and will get a lot of results if all of them can be successfully run on one PC.

Yes, it's possible. I've already ran 10 mining bots, for the beginning. But there is one rule - you have to use LCX or Docker for mining. On the whole, all the instructions are very detailed. I've posted it above.

[Ever-young]

From what I have observed so far from Elon his tweet and effect in crypto, I really do think that he is playing with the crypto market just like the politicians. If not that he is very rich I could have concluded that he is being paid to promote and make son certain tweets about some coins just like that of Shiba, doge after his tweet for both coin, the price pump within hours was really high.

[xZork]

It's unbelievable how many people still believe in Elon Musk and his hype right now.
I unfollowed Elon Musk and decided not to believe anything he said.

[DarkDays]

I think this is not an attempt "to influence the crypto market", but some tricky person just created this token to sell it during hype. Elon Musk zero relationship to this Floki token.

This is a great example of how greedy people can be and how easily they can be tricked and controlled. This is so simple. Take what ever Elon says, create a token with same name and voila, you are locked and loaded for scam sale.

I agree with you that as with the previous meme craze, people are now using the power of influential people like Elon to hype a coin appearing from nowhere, regardless of the influencer approval or not. Meme's have always been driven by hype and unfortunately a lot of people believe in memes which is why these coins keep on giving ridiculous multipliers.

Despite the multiplication, there's no knowing which meme coin will perform and considering. there are so many can't let yourself spread out into meme coins (well, at least I hope you're not) just in the hope that maybe it will happen to your coin...

[J1mb0]

I think this is not an attempt "to influence the crypto market", but some tricky person just created this token to sell it during hype. Elon Musk zero relationship to this Floki token.

I agree, Elon musk has no connection with the Floki token.
Maybe he really wanted to name his dog Floki and someone took advantage of that.

[Starkick]

Even if he has nothing to do with this coin , how can we explain his failure with chia coin?I don't think he didn't realize that this coin is far from eco-friendly mining.

[Sethrey]

From what I have observed so far from Elon his tweet and effect in crypto, I really do think that he is playing with the crypto market just like the politicians. If not that he is very rich I could have concluded that he is being paid to promote and make son certain tweets about some coins just like that of Shiba, doge after his tweet for both coin, the price pump within hours was really high.

Can you imagine how much should people pay to Elon in order to force him say something? It's impossible. At least because he doesn't need this money. Normal projects behave like Utopia p2p and run promo actions for miners with a good prize pool. It attracts new users and the amount of coin is rising. They better pay to participants then to someone for 1 day hype.

[Starkick]

Even if the words of Elon Musk could be bought , I believe more that his actions were his personal intention to influence the crypto market and bitcoin in particular. Nevertheless, I agree that now is the time for new and more promising projects.

[Sollaes]

It is time for people to understand that Elon is manipulating the market and earning big money on this. So when he advertises any coins, it means that he has invested in it and now he wants to pump it. Elon Musk hasn't created any tokens, it is fake. He said that he wanted to develop this system and help Bitcoin to become more eco-friendly and widely-spreaded, but nothing about his own coins.

[Sethrey]

It is time for people to understand that Elon is manipulating the market and earning big money on this. So when he advertises any coins, it means that he has invested in it and now he wants to pump it. Elon Musk hasn't created any tokens, it is fake. He said that he wanted to develop this system and help Bitcoin to become more eco-friendly and widely-spreaded, but nothing about his own coins.

Great developing is manipulating the market with silly words? I'm sure he believes that it's funny. On the other hand, no one can blame him as he does what he wants, having all the possible money on him. Anyway, if I were him, I'd also promote some budding coins like Crypton to give a new life to it.

[Starkick]

I don't see that as an attempt to influence the crypto market, Elon says alot of things and all these scammers do is to create a token woth the name and sell the shitcoins to moonboys, I have seen this happen so many times, Elon will just make a tweet about something and then you will see a coin bearing that name pumping hard as hell, I don't think Elon will create any cryptocurrency of his own, its just those weak devs using whatever he thing he names as a name for their new meme shitcoin.

Hmm, maybe you're right, but does this mean that the crypto community is too easy to manipulate? I noticed that many crypto fanatics find the idea of quick earnings more attractive than more reliable and environmentally friendly projects like Crypton.

[Sethrey]

There is a possibility that Elon Musk will use this again, considering that in the past he managed to make big profits on Dogecoin, Elon Musk's condition of shibanu began to be seen and used again, but I don't think this influence can fully run.

All hype projects are actually like chiahype, there are opportunities that seem to be exploited by anyone, this goes back to the basic formula, that investment is a pattern of seeking maximum profit, this can be exploited by Elon Musk and finally he is the largest and most famous investor in the crypto world .

I think that he has to mention projects like UUSD stablecoin from Utopia p2p. As when the coin can be used anonymously and it always have a stable price, like DAI, it's a new great opportunity for crypto enthusiasts.