Breaking News ! Elon Musk dropped memecoins price .
Elon Musk says "If you expect profit from memecoins, you're stupid . You will not earn with memecoins . Do not invest your life savings in a memecoin ."
Elon Musk's statement against memecoins led to a price drop, calling investors "stupid" for expecting profits. This contradicts his strong promotion of Dogecoin in 2021, making him unpredictable. The author disagrees, pointing out that memecoins like $DOGE , $WIF , and $PEPE have seen significant gains. The recent decline is also linked to the launch of Trump's and Melania's memecoins, but the author believes it's not the end for memecoins.