For crypto, the influence of the community and the general public is essential for its existence and presence. Elon Musk’s undying devotion to Dogecoin (DOGE) is one such example. From the beginning of 2020, Dogecoin enjoyed much growth, thanks to the support lent by celebrities like Musk, earning the name “The Elon Musk Crypto.” Is celebrity endorsement a way forward in the future? What would be the outcome if Elon Musk endorsed new meme coins like Elonator (ETOR)? And if possible, could Elonator catch up with the giants like Dogecoin and Shiba Inu (SHIB) using that influence? Let’s explore the implications of such an ordeal and see how Elonator might just come out on top.
The Elon Musk Crypto and Its Transformative Powers
Elon Musk’s tweets have significantly impacted the price of Dogecoin, turning it into a hot topic in today’s cryptocurrency landscape. While the exact extent of his influence on the coin’s value remains uncertain, there’s no denying that his tweets have brought Dogecoin into the limelight. For example, Dogecoin surged by an impressive 25% when he replaced the Twitter logo with a Doge on both the web and mobile browser versions in April. It’s not just the tweets, either.
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Musk’s persistence in supporting Dogecoin as a form of payment for purchasing Tesla cars further nailed the legitimacy of Dogecoin. Musk’s interventions sometimes led to astonishing price surges, underlining the power of influential figures in the crypto space.
The Rising Star Elonator
Much like how Dogecoin grew under the proverbial umbrella of Elon Musk, Elonator fixed its moniker to receive popularity and an overall boost to the platform. Starting as a fresh meme coin, the association with such celebrities could open many avenues and raise its value in time to that of other meme coins like Shiba Inu, a meme coin created from Elon Musk’s pet dog.
Elonator’s genesis can be attributed to the fascination with Musk’s market-moving abilities. The coin’s premise is rooted in harnessing Musk’s tweets to amplify its value, much like Dogecoin’s reliance on Musk’s endorsement. Elonator is created with other goals in mind, with the main one being to fix the problems investors face when investing in crypto platforms. For example, Elonator opens up many incoming earning methods like stalking, lottery system, referral schemes, anti-bot systems, and anti-whale dumping mechanisms. Building on the Ethereum (ETH) blockchain, Elonator opens a world of secure crypto trading.
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Pushing the Elon Musk Crypto Factor With Shiba Inu And The Shibarium Blockchain
Though Shiba Inu is not in Elon Musk’s trading portfolio, the coin was built using Elon’s influence in mind. Being close to dethroning Dogecoin, Shiba Inu has followed the same pattern as Dogecoin, which brought many people to these platforms. With the latest looming lawsuit, many are speculating whether Elon will jump ships. If history is anything to go by, Dogecoin will be known as Elon Musk Crypto.
The introduction of Shibarium has the potential to significantly propel the growth of Shiba Inu. Shibarium’s vision is to offer a secure and accessible platform for crafting and trading digital assets while also serving as a foundation for creating Decentralized Applications (DApps). Launching Shibarium could alleviate network congestion on Ethereum.
However you look at it, Elon’s influence on the crypto market cannot be overlooked. His influence is essential for Dogecoin, Shiba Inu, and Elonator. The release of Elonator is a new sight for new investors. Its association with Elon Musk and the security features that it provides, and the fact that it is built on the Ethereum blockchain, could make the platform a surefire platform to invest in. Invest now and be a part of the community. The building of a secure future starts with you.
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