Going Viral! Musk is launching a new "Dogecoin" ELON DOGE on Solana?
It's exploded! Today, the crypto world was completely ignited by a piece of news: rumors say Musk has created a new meme coin on the Solana chain called ELON DOGE, which is said to launch on July 1st.
Just the name "Musk" is enough for the market to go wild! It's so reasonable—he can just tweet, and Dogecoin can surge by 30%! "Personal launch of a coin"? Can't imagine the impact! It's definitely a huge bombshell!
Why is the market so crazy? Three main reasons:
“Musk Effect” is a traffic nuclear bomb! As long as he gets involved, whether it's true or not, retail investors are willing to throw in their money! In the past, DOGE and Bitcoin were driven up like this. Once he makes a move, massive funds will surely flood into Solana! The “meme coin war” on the Solana chain is fierce! BOME, WIF and other coins are fighting to the death. If ELON DOGE really comes to stir things up? Rankings are sure to be reshuffled! What's worse is that the SOL price and on-chain trading volume will definitely be skyrocketed! The hype of “fair launch” is on fire! Retail investors are now all about “no pre-sale” (just look at BOME). Is ELON DOGE going to play like this? That group of people wanting to get rich quickly can explode with excitement!
But! (Very important!) Everyone, wake up! The key issue is huge:
Has Musk acknowledged it? Not a bit! As of now, he himself, the X platform, Tesla... all official channels are silent! The so-called “personal deployment” is all just gossip in the community and self-promotion from the project party! I bet 99% it's fake! Is the code safe? Who knows! New meme coins are a den of scammers! Running away and scamming retail investors happens every day! ELON DOGE? I haven't seen any well-known audit reports! The risk is sky-high! Beware of the “purchase countdown” trick! “Last 24 hours”, “pre-sale ending soon”? Pure trick! It’s just to scare you into rushing in! Remember, token pre-sales are illegal in the country! Whoever engages will be doomed!
Follow K-Line Judge, let us help you see through the surface and understand the ins and outs, no worries whether in a bull or bear market.
