If Tesla founder Elon Musk wanted to launch his own cryptocurrency, would you be willing to make a new investment other than Bitcoin (BTC) or Dogecoin (DOGE)?
A few days ago, Musk via Twitter tweet expressed his support to the big owners of DOGE to dilute their holdings.
Shortly afterwards, Knight Chadwick business adviser Mansour Shahrokh responded to the tweet, suggesting Musk to create a cryptocurrency with the goal of buying more Dogecoin supplies.
Develop a new #ElonCoin, offer them to the existing non-major #dogecoin holders to void their wallet. You wouldn’t need to pay $ to make those majors dogecoin holders richer than they already are and allocate your time and support to make the ElonCoin the currency of the Earth.
- Mansour Shahrokh (@MansourShahrokh) February 15, 2021
That way, Musk doesn’t have to reward, making them richer. Musk just needs time and support to make ElonCoin the world currency.
The tweet also caught the attention of Binance CEO Changpeng Zhao. The individual suggested that the cryptocurrency should be named Marscoin and it turned out that Musk was excited about the proposal.
It is necessary. Maybe call it MarsCoin?
- CZ 🔶 Binance (@cz_binance) February 16, 2021
But, later! Apparently, MarsCoin has been around since 2014. Interesting isn't it?
Following Musk's tweet, MARS continued to record a new all-time high (ATH) of $ 2.69 from $ 0.20, over 1000% last night.
What the crypto community is unaware of, Musk once responded to @ElonsWorld's tweet: ‘Marscoin’ last December, but did not affect the MARS movement, only holding at $ 0.17.
Marscoin🔴
- Elon's World (@ElonsWorld) December 24, 2020
At the time of writing, DOGE is trading at $ 0.054, down 1.75% in 24 hours. Meanwhile, MARS is currently trading at $ 1.43, up 1647.27%.
