The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
If Elon Musk launches his own crypto or gets involved with other cryptocurrency projects it doesn't mean that the project will go well or badly, the only thing that would worry me is too many people will take his public opinion (tweet) as a signal to buy or sell. selling crypto and it's not healthy for any business. A good crypto project should have what it takes to hold FUD or shillings by its project members. Hence the launch of the Altcoin created by Elon Musk is likely to be successful in the market.