Post
Topic
Board Altcoin Discussion
Re: Elon Musk accidentally created a new cryptocurrency. WTF?
by
DarkDays
on 30/07/2021, 17:45:21 UTC
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...