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Target to ‘ruin’ Elon Musk, this cryptocurrency increases by 4,874% in 24 hours!

The name of this new crypto currency is ‘$ STOPELON’. This cryptocurrency is built on a blockchain named Binance Smart Chain. In just 24 hours, its value has increased by 4,874%.


This cryptocurrency value named ‘$ STOPELON’ went from $ 0.0000019 to $ 0.00009450 in one day. This shows an increase in its value by 4,874%. According to the digital currency chart site Poocoin, it is currently trading at around $ 0.00005600, while its market capitalization has reached a level of $ 30 million (about Rs 220 crore).

An expert working in the field of cryptocurrency said that this is another ‘meme cryptocurrency’, made by an unknown trader. There is no solution to this. After some irresponsible tweet by Tesla chief Elon Musk about cryptocurrency, some people have created this currency to express their opposition and now they are making money from it. This currency is being bought fiercely.

Tesla chief Elon Musk tweeted a few days ago that his company will no longer accept any transactions in bitcoin. This led to a sharp decline in the value of cryptocurrencies. In the past, everyone has lost their market value from bitcoin to Ethereum and Dogecoins.

After Alan’s twitch, some traders launched a cryptocurrency named ‘$ STOPELON’. He claims that the value of this cryptocurrency is not controlled by Elon Musk’s tweet. He calls himself the ‘organized community for ruining the biggest maneuvers that spoil market movements’.

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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