$STOPELON: Another Memecoin That Shows Rivalry With Elon Musk

Some people may have seen Tesla Boss Elon Musk as an influential and wise man in cryptocurrencies based on his actions that affect the crypto world, while others may see this man as a manipulator. According to a news report, many nerds who dislike Elon Musk created a memecoin to stop him from controlling the crypto market. $STOPELON is the name of the coin aiming to get enough value with no one controlling or affecting its price.

An announcement from the official StopElon website says “He’s toying with people’s portfolio like candy, like the narcissistic billionaire he is and always will be.” They also added, “we created $STOPELON. Where we get rich, with no one controlling our fate except ourselves.”. $STOPELON is a new cryptocurrency that can be traded on the Binance Smart Chain.

Crypto traders and investors might see Elon Musk as controlling the crypto market resulted in a price fluctuation and leaves people at a loss. This is the reason investors made this coin to stop him from trying to dominate the crypto space.

As the roller coaster ride continues, crypto prices crashed keeps hurting investors. Last Tuesday, May 25, 2021, Elon Musk posted on his Twitter that he had spoken with North American Bitcoin miners about where they get their energy from. Many people think that the news pointed towards mining Dogecoin (DOGE).

If Musk was about to pump up the price of DOGE/USD by mining, it may affect the price of BTC and ETH too. In that case, crypto traders and investors encourage everyone to invest in $STOPELON instead.

ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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Mikhail

3 years ago

stopelon future coin!!!

0