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Topic: Elon Musk Makes Meme Coins, What Do You Think? (Read 1090 times)

sr. member
Activity: 686
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September 01, 2021, 08:52:51 AM
Elon musk is very influential when the meme coin goes up and can even build market charts, for me this is a little manipulation because memes won't last long in the market, I won't do anything just watch how the meme coin develops and lasts until when in price tall one.
sr. member
Activity: 2086
Merit: 283
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That's great, if Elon Musk creates a coin with a new concept that is useful for the real world. but if it's just a coin meme, it won't have much impact and become a useless coin.

People like Elon Musk who always manipulate the market certainly have no plans at all to create his own coin, because he realized it would be easier for him to make big profits in a short time by pumping and dumping one of the randomly selected shitcoin prices when he entered the market, as he had often done in the last few months.
sr. member
Activity: 1876
Merit: 318
The truth is if he wants to create a coin of his own he would have done it because he has all that's required and the coin might do well! You know why? He got enough money and fame which he can surely use go to the back up his coin and create partnership with his fame and not just that, he can surely make his coin to get use cases by making them a native token of his project and this will likely boost the price of the token. But it's better he just remain that way because his coin could be manipulated by him.

With the wealth and popularity of Elon Musk, it is very easy for him to create his own coin. But the question is whether he plans to create coins that
are useful for many people, I doubt that. If we look at Elon Musk's track record in the crypto world, which is very bad, by making many people suffer
losses with the manipulation he does. So if Elon Musk makes his own coin, I have no interest in investing in that coin. Because it is very likely that
he did the same thing, manipulated for personal gain.
member
Activity: 187
Merit: 10
The truth is if he wants to create a coin of his own he would have done it because he has all that's required and the coin might do well! You know why? He got enough money and fame which he can surely use go to the back up his coin and create partnership with his fame and not just that, he can surely make his coin to get use cases by making them a native token of his project and this will likely boost the price of the token. But it's better he just remain that way because his coin could be manipulated by him.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

I would say his chances will be low and also for the project to last long term, the chances would be low too. Let's start by saying, he has created a type of image in the minds of people and that is, hyping of a coin, pumping it etc, and now if he creates a coin, how long would he hype it, no matter how long he will fade up and people will also fade up as well. Also, if he creates a good project, remember the first impression he had was hyping Doge, most people will not pay attention to what that project offers but on the hype, so that they can pump and dump their bags and so on. In other words, they would always be on the lookout to see tweets, know when to buy and when to sell.
Nevertheless, this is the crypto space where there are many surprises, if he really creates a good project, and want it to work, he would need good partners and advisors to keep him in check, and of course it wouldn't be a Meme coin.
hero member
Activity: 1316
Merit: 502
Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?


You can see his influence to Dogecoin, by mere words, he can make Dogecoin price go higher! He can do anything by just saying the words. If he wants to make a coin of himself he can do it right now. What im trying to say is, he got a chance to make his own coins
He already has shortcuts to profitability in crypto, he doesn't need such an opportunity because such projects will involve quite a few factors, from employees to ideas and promotional communications, just sorting those matters out consumes a huge amount of time and currently, after such scandals, Elon Musk's continued fanfare will be greatly disliked. Opportunities in crypto don't just come from creativity, it comes from investing and advertising, and these two are what Elon Musk has been incredibly good at over the years.
member
Activity: 517
Merit: 10
If i am Elon Musk, i wouldn't create meme coins. Will take advantage as influencer and owner of big company to create coins that can have correlation with his product. Or maybe buying something from him, create many merchandise that accept his coin as payment, or maybe to be company that can help people pay something around the world with his coin. Because with his power and money, it can be realized.

Yes, this is more realistic than making pointless meme coins, I'm more sure if an Elon makes a real coin and takes advantage of his relationships from influencers, it will make his project a success as long as the project is related to the products that Elon has, because it will be a real function of a coin.
jr. member
Activity: 286
Merit: 3
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if he created his own, it's better if its not just a meme coin, maybe a coin for space thing, it will be better, after all he's known for his vision about exploring the space. If it's just a meme coin, there's already so many meme coins out there and maybe many also created within a day, there's no need for more meme coins thats being used for speculative purpose.

I also wonder why he doesn't make a real coin which is related to his vision which he often says, meme coins will only pumk and dump in the crypto market, moreover his actions that have manipulated the doge included in the meme coin make his name bad in the crypto market, if he made a real coin maybe it will improve the name and trust in Elon rather than him playing with meme coins.

I also still can't understand ElonMusk's main goal with meme coin, I mean (besides) manipulating the crypto market. like the previous case about doge coin and i think the manipulation or hype has ended in doge. if ElonMusk is planning on developing their own coin, I probably won't miss the opportunity to try my luck at the ElonMusk hype and throw it away if it makes a profit.
full member
Activity: 742
Merit: 102
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Well you can take it that way, personally I see people going to blame Elon because he's an influencer. But basically we did our own thing, and now we're whining for ourselves, neither do I deny Elon's actions when it was really excessive when he became a crypto financial analyst Smiley
member
Activity: 672
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if he created his own, it's better if its not just a meme coin, maybe a coin for space thing, it will be better, after all he's known for his vision about exploring the space. If it's just a meme coin, there's already so many meme coins out there and maybe many also created within a day, there's no need for more meme coins thats being used for speculative purpose.

I also wonder why he doesn't make a real coin which is related to his vision which he often says, meme coins will only pumk and dump in the crypto market, moreover his actions that have manipulated the doge included in the meme coin make his name bad in the crypto market, if he made a real coin maybe it will improve the name and trust in Elon rather than him playing with meme coins.
full member
Activity: 280
Merit: 100
Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?


You can see his influence to Dogecoin, by mere words, he can make Dogecoin price go higher! He can do anything by just saying the words. If he wants to make a coin of himself he can do it right now. What im trying to say is, he got a chance to make his own coins
full member
Activity: 2268
Merit: 121
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He has a great opportunity to do that and has bright hopes if Elon Musk makes his own digital currency, besides Elon Musk is no stranger to his followers, Elon Musk is also very famous among digital currency enthusiasts. that's why he might be more successful if he created his own coin
I don't believe that if he make your own it will be a good hope, because an @elonmusk only uses what he has with a lot of followers and tweets, if it is accepted by his followers then he may be successful, but if he keeps doing that it is certain that it will not continue to be successful, especially by making your own coin.

if he created his own, it's better if its not just a meme coin, maybe a coin for space thing, it will be better, after all he's known for his vision about exploring the space. If it's just a meme coin, there's already so many meme coins out there and maybe many also created within a day, there's no need for more meme coins thats being used for speculative purpose.
By relying on the followers that he have, I don't believe that making coins, especially coin memes, will work well because it could be that he only has a discourse to only do that from looking for profits to be obtained. not to really rely on making their own coins, what was done was only speculative and just happened to be spectacular.
member
Activity: 219
Merit: 67
Life Can't be ctrl+ Z
I've been following Elon Musk for years, he wants to show his strength, he's saying I'm looking for a meme coin for a dollar, he tweeted because he has a lot of people and a strong community,
They
It wants to show what I mean.
The market will be this,
He will never make a coin, he will tweet again on Dodge and Dodge will pump again.
hero member
Activity: 2828
Merit: 611
A lot of people feel wronged by the act of being a major factor in his loss of trust, but oddly enough Elon is still trying his luck to keep making noise through his tweets, and if he keeps coining memes, there's very little hope of progress. Maybe only fanatics would believe what he was doing.
The truth is that Elon still has a massive hold in the market and has the ability to swing the market, despite all of us saying that people don't take him that seriously now.

He is unfortunately on the same path as John McAfee once was, the difference is that Elon doesn't just tweet about any coin instead picks memes.

At times when I am sitting alone I wonder if Elon has something to do with the creation of Bitcoins as well because the guy is super talented and maybe he was among the ones who developed it. We yet don't know who Satoshi really was.
jr. member
Activity: 327
Merit: 1
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Elon musk is very influential when the meme coin goes up and can even build market charts, for me this is a little manipulation because memes won't last long in the market, I won't do anything just watch how the meme coin develops and lasts until when in price tall one.
if you want to make a short trade on meme coins you can get 2x profit, it's just that the risk is very large. I personally also don't dare to take that risk, because most meme coins after pumping high then drop very drastically. even if true can survive , but it takes a long time to recover.
full member
Activity: 902
Merit: 112
No doubt, he can create his own coin anytime he want. Even there are already some coins in market which were name after elon mask like elon coim! Although he doesn’t have it. But If dogecoin can fulfill his demand then why Should he create a new coin? Doge has Structured like btc, so elon already buy a lot share like CEO and maybe making plans based on it. So still he haven’t create his own coin
creating meme coin is easier for him btw it can be detrimental for the markets and investors.
meme coins is structurally up and down, now doge is known as meme coin, you can not compared doge with btc.
don't stay with meme coins, if you don't want to lose your hard earning.




legendary
Activity: 3654
Merit: 1165
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Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.
How about creating a really good coin and doing away with all these meme thing?

By the way, if he should create a coin the media will come at him, especially the cryptocurrency community will have a lot of things to say against him, because a lot of people are not happy with him as it stands.

I am very sure he knows about this. And for him to create a coin, or meme coin as you said, means that he wants to stir up something that has calmed down for sometime now. I am not trying to say that it would not work for him, he’s an influencer and he’s got big audience, so sure it would work, but people will be coming for him.
full member
Activity: 1246
Merit: 103
Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

He has a great opportunity to do that and has bright hopes if Elon Musk makes his own digital currency, besides Elon Musk is no stranger to his followers, Elon Musk is also very famous among digital currency enthusiasts. that's why he might be more successful if he created his own coin
member
Activity: 672
Merit: 10
Nah, I don't think he will make an meme coin, The hype was over and there is no point to creating an new coin for him too since it's more easier to manipulate the market rather than creating the new coin, He can easily take the profit by only his tweet where when creating an new coin he will do some complex step and regulator will also observe him more strictly. Maybe there is a chance if he making coin with real purpose rather than meme coin.
yes, the meme coin trend has ended and many people are increasingly realizing that meme coins will not last long, even if there is a big pump, it will soon return to basics, all this time what Elon has been doing is only manipulating the market using the meme coin trend and that has been a lot to the detriment of those who trust him too much, if he really wants the crypto world to advance he should be wiser to make a real coin than a meme coin.
hero member
Activity: 1764
Merit: 505
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Elon Musk started to be talked about in the last few months, after making speculations about dogecoin at the time on Twitter, someone suggested Elon Musk create his own coin, to develop something new and a huge opportunity for him, this is understandable when all that happened, considering what happened done is speculation about its influence in the crypto world.

What is the best step, to make this wish come true?
What are Elon Musk's chances in your opinion?

On this recent statements that we heard from Elon Musk, i definitely observed that there's a certain purpose why he was to talk like that.
Basically his own coin started to cause some idea that people would think of a big and brighter future.
With his influence of cryptocurrency world, I believed that's going to be interesting in the near future and hopefully everything won't turn be just hype but a reliable asset just like the most established coins in the marketplace.
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