Stop Elon: The Coin Created To End Elon Musk’s Crypto Influence
Elon Musk has been the biggest driving force of the most popular meme crypto token, Dogecoin. What better way to stop the eccentric billionaire than to create an alternative coin minted strictly for that purpose?
Introducing STOPELON: The crypto token created to finally put an end to Elon Musk’s influence.
Stopping Elon Musk
The earlier parts of this week has been a testing time for the crypto community. After Elon Musk tweeted Tesla’s decision to halt acceptance of Bitcoin as payment, the leading cryptocurrency came crashing down, dragging the majority of the crypto market with it as expected.
Following Musk’s announcement, angered crypto investors released their steam on Twitter and Reddit, calling for sales of TSLA stocks, and even going as far as halting purchases of Tesla vehicles. TSLA stock price noticeably lost more than 23 percent of its value after its decision was made public, causing Musk to also lose his place as the second richest person in the world.
It appears now there are other ways to hurt Elon Musk. At least, according to a faction of the crypto community who has created the STOPELON coin for that purpose.
“Elon Musk is infamous for irresponsibly manipulating the cryptocurrency market with his Twitter account . . . We say ENOUGH.” – the StopElon mission statement reads.
The StopElon community seeks to reduce or alienate Musk’s influence in the cryptocurrency market through their new crypto token. They assert that Tesla's CEO continues to use his influence to “toy” with people’s portfolios “like candy”. Enough, they say. Enough.
More Serious than It Looks
As ludicrous as it might seem, STOPELON is beyond a cheeky movement, it is a real coin that can be traded in the cryptocurrency market. There are lots of bureaucracy and bottlenecks that come with purchasing STOPELON coins. Nevertheless, it's a real crypto token trading at almost $0.0001. At the moment it has almost no fiat value, but interested persons wouldn't find purchasing this coin demanding in spite of the tedious process.
Its lack of substantial fiat value shouldn’t be deceiving, however. STOPELON currently trades at about $0.00009430 – a significant 4000% increase to its starting price of $0.0000019.
If the movement raises sufficient patronage, and investors to cause a significant bull run, the token might not only be listed on major trading bases like ChangeNOW and Coinbase, it might also outrank performing coins on the market.
As always, we keep an ear to the ground and will update you of any relevant news regarding the STOPELON movement and STOPELON coin.