After Dogecoin and Shiba Inu tokens, $STOPELON enters the game. This new meme coin has a market cap of $24.9 million! We know you’re curious, therefore, here’s everything about it!
Remember how Elon Musk manipulated the cryptocurrency market by tweeting about Dogecoin? Well, $STOPELON is here to counter it.
What is $STOPELON?
It’s a meme cryptocurrency similar to Dogecoin. It trades on the Binance Smart Chain blockchain at $0.0000481795 per token. 50 percent of its total coins are still available for purchase. However, 40 percent has already burned to remove it from circulation. They’ve also kept aside 5 percent each for the developers and marketing wallets. The new cryptocurrency has unrugged coins, LP locked, and has a limit of 1,000,000,000 tokens at a time.
Why $STOPELON?
As it is clear from its name, the goal of this cryptocurrency is very evident. they want to stop Elon. Crypto investors are traders who are frustrated with Elon Musk’s tweets which toying with cryptocurrency prices on a whim. His tweets have been the reason for massive dips in Bitcoin and other major cryptocurrencies recently. The CEO announced that Tesla will not accept Bitcoin due to environmental concerns over its mining.
On May 17, Musk’s tweet led to a $45,000 plunge in Bitcoin. All because he tweeted that Tesla may sell its Bitcoin holdings! Clearly, this added to investor and crypto trader’s frustration.
“Elon Musk is infamous for irresponsibly manipulating the cryptocurrency market with his Twitter account. Just recently, he did it again; causing a massive crash across all frontiers when he tweeted that Tesla will cease to accept Bitcoin as payment. Anyone with even a shred of critical thinking sees through his lies. He has been trying to pump crypto for ages, tweeting about it to no end, and even going to Saturday Night Live as a final resort to get Dogecoin up! It’s ridiculous!,” states $STOPELON’s official page.