A new meme cryptocurrency STOPELON has emerged in a bid to counter Tesla CEO Elon Musk’s manipulations of the crypto market. Musk has consistently rallied support for bitcoin and the meme currency Dogecoin, however, crypto enthusiasts have stopped enjoying his tweets since he announced that Tesla will no longer be accepting Bitcoin as a payment method. Several traders have also blamed the billionaire’s tweets for the recent cryptocurrency market crash earlier this week.
Therefore, the STOPELON cryptocurrency is solely dedicated to stopping Musk. The developers of the new crypto have said that the objective is to stop Musk, who allegedly manipulates the crypto market. The meme cryptocurrency was built with quite unrealistic meme-like goals. The developers of the new crypto call themselves “a community created to destroy the biggest market manipulator of them all”.
The new cryptocurrency is currently being traded at around 0.00005600 with a market capitalisation of nearly $30 million. The total STOPELON supply comprises 50 per cent of coins available for purchase and 40 per cent already burned and removed from circulation, with 5 per cent each for the developers’ wallet and marketing. One can buy the crypto by downloading Trust Wallet on one's phone or any other app that is compatible with the SWAP platform PancakeSwap.
This is becoming a very interesting thing
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