🚨 Breaking News! Elon Musk Causes Memecoin Prices to Plummet

Elon Musk has taken a strong stance against memecoins, stating, "If you expect profit from memecoins, you're stupid. You will not earn with memecoins. Do not invest your life savings in a memecoin."

His remarks triggered a sharp decline in memecoin prices, contradicting his past enthusiasm for Dogecoin in 2021. This unpredictability has left investors questioning his stance.

However, the author disagrees, pointing out that memecoins like $DOGE, $WIF, and $PEPE have delivered significant gains in the past. The recent drop may also be linked to the launch of Trump’s and Melania’s memecoins, but this does not necessarily signal the end for memecoins.