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StopElon Surges Over 1000% Amid Crypto Slump

What_is_StopElon_New_crypto_surges_after_Musk_Bitcoin_backlash
  • New crypto project $STOPELON has launched on Binance Smart Chain.
  • The project aims to take control of Tesla.
  • $STOPELON price has surged over 1000%.

A new crypto project recently launched on the Binance Smart Chain. The projected called $STOPELON has surged 1,800% in just two days and already has a 17 million market cap.

Also, the aptly named project is not only taking aim at Tesla and SpaceX CEO Elon Musk. In fact, $STOPELON aims to do exactly that, stop Elon Musk. To achieve this, the project aims to raise enough funds to take control of Tesla stock.

Previously, Elon Musk was viewed as a crypto prophet with the ability to singularly influence crypto prices. However, Musk fell out of favor after announcing that Tesla would no longer be accepting Bitcoin payments.

The news shook the entire crypto market sending the top crypto plunging. In fact, Bitcoin price has fallen lower than analysts were predicting. In addition, the price plunge has sent other altcoins on a downward spiral. With investors dumping their coins at a loss it is no surprise that the $STOPELON project is so popular.

However, the project offers investors something more than a chance at vindication. The project also has a high return on investment (ROI) of over 90%, at the time of writing. Also, the project caps the number of tokens buyers and sellers can buy and sell to deter price manipulation.

Additionally, $STOPELON has a total supply of 1000 billion tokens. Of which the project will burn 40% to keep the token deflationary. Also, the projected reserved 10% for its marketing and development.

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Avid reader and writer with a passion for sharing crypto news and trends. Uses her background in finance to help readers better understand the crypto market and investments. Hopes to see mainstream crypto adoption in the near future, especially in Africa.