Elon Musk’s actions over the past two weeks have put a heavy strain on cryptocurrencies. With tweets it continues to rain and shines on the prices of Bitcoin, Dogecoin, Ethereum and other popular digital assets. Until billions of dollars evaporate.
Given the influence of his statements and the direct impact on the market, some active members of the cryptographic landscape wanted to set up a project: an anti-Elon Musk cryptocurrency (we haven’t found a better description at the moment, but we’re waiting for your suggestions to read in the comments).
The digital token has already been issued in several markets. It’s called $ STOPELON and although it’s not available for exchange on popular cryptocurrency buying platforms like Coinbase, Binance, and Kraken, it already has a capitalization of $ 23 million at this point. We write these lines (Poocoin digits).
To make itself known, the new token opened a website. We learn that the provision is in phase 1 (of 4), that a total of 1,000,000,000,000 tokens have been set and that a telegram group is up for discussion. The community will be an essential point in advancing cryptocurrency. The website invites its investors to surpass the goal of 1000 subscribers on Twitter.
Among other things, a message from the creators will be published on the website explaining the purpose and reasons for starting $ STOPELON. You explain:
“Elon Musk is notorious for irresponsibly manipulating the cryptocurrency market with his Twitter account. He only recently did it again, causing a massive crash across all borders when he tweeted that Tesla would no longer accept Bitcoin as a means of payment. “”
“” […] He’s playing with people’s wallets […] like the narcissistic billionaire he is and always will be. We say ENOUGH. That’s why we created $ STOPELON. Where we get rich without anyone controlling our fate except ourselves, ”says the team behind the token.
Aside from its name, nothing can lead to the token being separated from Elon Musk’s influence on the market. The creators of the token largely hope to create a community that will resist the temptation to trade their tokens when the market collapses. A motivation that reminds of the followers of Dogecoin … and Elon Musk.
Their dream would be to thwart Elon Musk by weighing enough to invest Tesla’s capital. The goal is set for the fourth and final phase of $ STOPELON’s development before the “ultimate goal of complete control of Tesla’s share price” is in sight.
No question about sending the sign “to the moon” as Elon Musk used the phrase on the set of Saturday Night Live two weeks ago. With $ STOPELON, the community chose the dwarf planet Pluto as an indication of the stratospheric dream ascent of its course.