The link to the article - https://fortune.com/crypto/2025/01/30/errol-musk-memecoin-elon-tesla-donald-trump-crypto/
Blockchain influencer
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Bullish
⚡️ We've been asked many times—why don't we trade memecoins?
💡 The answer is—we do. But writing about it isn't exactly rewarding. Even with the best analysis, you can easily run into a scam. Plus, their volatility is massive. And then people start throwing accusations—claiming we're promoting scams...
📉 Many have read stories about someone turning $100-$1,000 into millions. But the reality is, there are far more stories where the opposite happened—you just don’t hear about them as often. Otherwise, who would trade memecoins? 😅
📝 If you're going to trade them, only use an amount you’re okay with losing.
📊 That’s what we do. For example, we recently bought a #memecoin🚀🚀🚀 launched by Elon Musk’s father, Errol Musk—Musk It Coin—what was written about in the Fortune magazine. (the link to the article will be in the comments)👈 Its current market cap is around $30 million and price of 1 $MUSKIT around $0,035-$0,038. Maybe it’ll turn out to be a scam—no one knows—but we only invested what we’re comfortable losing.
Not financial advice. #Musk #solana #ElonMusk #MemeCoinMarket
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