I am wondering what the fate of projects like Volt inu, Baby Doge and other meme coins would have been if Elon Musk never supported Doge coin, would Shiba inu ever made it to top 20? What would have happen to meme coins? Will there ever be any if Elon never existed?
I would like to remind you that these meme coins will not and never will exist if Elon did not support Dogecoin, the hype and the pump of the price triggers the creation of these meme tokens/coins, and developers and investors think the same if it's something that will generate them the profit they will support or invest on it.
So we can conclude that if Elon stops supporting Dogecoin that will end the meme coins trend, they are just there because the support is still there.