CEO of Tesla and X Corp, known for his occasional crypto posts Elon Muskshared a post about the meme coin, which seems to have triggered a rare meme coin fiesta in society. Post from Elon Musk Like this:
Have you met meta metameme?
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With more than 4.6 million views and 6,200 comments at the time of writing, there is every indication that this post, like all the other posts by the billionaire investor, will go viral.
Without explicitly attributing the tweet to anyone, community members attributed the post to Meta Platforms Inc., Facebook’s parent company. and was accompanied by various memes to add to the conversation. Memes are often cryptocurrency is synonymous with its ecosystem and thousands of meme coins have been created as a testament to this trend.
Koinfinans.com Elon Musk, who we report as, has been a very vocal supporter of this meme coin revolution, sharing tweets to promote Dogecoin (DOGE), Shiba Inu (SHIB), and even once the Milady Meme Coin. The latest Elon Musk tweet serves as a hub for many different meme money showcases vying to capitalize on the massive following that Elon Musk commands on X.
Beware of Meme Coin Revolution
meme coinWhile the emergence of ‘s is revolutionary in itself, many of these assets are taking important steps towards being a major benefit that can serve ecosystem needs rather than just being a fun token.
Shiba Inu, is a pioneer in this regard as the meme coin launched the Shibarium layer-2 protocol to help scale Ethereum (ETH). While its emergence was not without apparent struggles, Shibarium has continued to evolve with upgrades that have translated into a particularly impressive transaction surge. While Dogecoin is also involved in payments, its bold efforts lag behind those of Floki and BabyDoge, who have launched a tokenization suit and a text-to-image generator.