It shows the true nature of people in crypto: pure greedy and ready to spend their money on anything holding the illusion 'you will be rich. I think if any of you are into the crypto long then you will understand this. No more crypto become top CMC because it was actually good with the technical aspects, a working product with many use cases and users.
Yes, agree here even now we have some more meme coins like this which are going to hurt very badly this all crypto world just few greedy peoples hyping and with their assets they are bringing more profit from newbies pocket. Too many peoples will also lose confidence on crypto because this all creating feud and peoples having this though all about crypto. But, sadly we have nothing to do with this as we have no central authority about handling scams like this, peoples like Elon Musk are going to take good advantage for long time.