This week a new meme STOPELON coin arose to oppose crypto-market shenanigans by Tesla CEO Elon Musk.
The new cryptocurrency traded on the blockchain Binance Smart Chain now has a $24.9 million market worth.
On 19 May, there was a cryptocurrency crash, with many merchants blaming Elon Musk for the route's recent remarks.
Elon Musk, reportedly manipulating the crypto market, is aimed at the developers of StopElon.
So what is StopElon?
It is a cryptocurrency meme, just like Dogecoin. It was constructed with quite unrealistic meme-like objectives, as appropriate for any meme money.
The whole STOPELON supply consists of 50% of purchased coins and 40% already burnt and eliminated with 5% for the developer's wallet and marketing.
Bitcoin traded at roughly $54,500 before the tweet. BTC plummeted by 20 percent following Musk's anti-Bitcoin remarks. Altcoins have also fallen sadly for cryptocurrency investors. After the contentious post, even the preferred cryptocurrency of Musk, Dogecoin (DOGE) fell.
The Musk tweets that have often caused the current cryptocurrency values to bounce dramatically have further irritated crypto traders and investors.
Musk declared that Tesla would not take Bitcoin for the payments of its vehicles because of environmental issues surrounding Bitcoin mining, the latest major drop in bitcoin and other cryptocurrencies.
After Musk recently said that Tesla will not accept a payment in Bitcoins for her automobiles owing to environmental issues related to cryptocurrency mining, the price of Bitcoin has deteriorated substantially.
StopElon can be bought via the TrustWallet app at PancakeSwap. PancakeSwap is one of the most popular ways to obtain new meme coins such as Shiba Inu and SafeMoon.
You must buy Binance Coin to buy StopElon (BNB). You can either buy BNB via Binance and transmit it to TrustWallet or buy BNB directly from the app. Here's how to buy StopElon once you've done that.
What is your opinion on this new Meme Cryptocurrency?