Elon Musk Revealed To Be ‘Quietly’ Funding Crypto Rival To Bitcoin Amid Price Crash (2024)

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Elon Musk Revealed To Be ‘Quietly’ Funding Crypto Rival To Bitcoin Amid Price Crash (2024)

FAQs

Elon Musk Revealed To Be ‘Quietly’ Funding Crypto Rival To Bitcoin Amid Price Crash? ›

Musk, who has been posting his support for the meme-based bitcoin rival dogecoin since 2018, had been known to be advising dogecoin developers since 2019, according to a 2021 Decrypt report that said the core team of four developers declined Musk's offer of funding.

What is Elon Musk's crypto coin? ›

Debuted on May 19, 2023, Elon Musk ($MUSK) is a meme coin dedicated to the meme maestro himself, Elon Musk. Fully decentralized, $MUSK represents the essence of blockchain technology as a token. A maximum supply of 10 billion (10,000,000,000) $MUSK tokens is available.

What three cryptos does Elon Musk own? ›

It includes the following cryptocurrencies: Bitcoin. Ethereum. Dogecoin.

What crypto to invest in in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Bitcoin (BTC)$1.11 trillion$56,621
Ethereum (ETH)$287.89 billion$2,393
Binance Coin (BNB)$73.99 billion$507.14
Solana (SOL)$62.45 million$133.76
6 more rows
Sep 6, 2024

What crypto to buy today? ›

Top Cryptos
NamePrice52W Low
SOL Solana13,700.011,570.84
USDC USD Coin86.0256.00
XRP Ripple51.399035.9001
DOGE Dogecoin10.63065.0000
37 more rows

How much is one ELON coin? ›

Today vs. 24 hours ago
AmountToday at 9:37 am24H Change
1 ELONNGN 0.000204+0.04%
5 ELONNGN 0.0010+0.04%
10 ELONNGN 0.0020+0.04%
50 ELONNGN 0.0102+0.04%
4 more rows

How much is one MUSK token in dollars? ›

0.00021371 USD

Who is the owner of Bitcoin? ›

Since Bitcoin is an open-source, decentralised digital currency and blockchain technology, no one owns it. While Nakamoto played a central role in creating and releasing the initial Bitcoin software and white paper, they designed Bitcoin to be a decentralised and community-driven project from the outset.

Who owns the most Bitcoin? ›

So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

How many Elon coins are there? ›

The live market cap, measured by multiplying the number of coins by the current price is $125.23M. ELON has a circulating supply of 549.65T coins and a max supply of 1000.00T ELON.

Which crypto has 1000x potential? ›

With potential returns projected at 1000x by 2025, 5thScape is a promising contender in the rapidly evolving crypto landscape.

Which coin will reach $1 in 2025? ›

By January 2025, 5SCAPE could potentially increase 1000x from its current value, driven by its expanding ecosystem and the growing VR market, making it a compelling investment. The token will soon witness a boost and could breach $1 mark post launch.

Which crypto set to boom? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Ethereum (ETH)$287.89 billion$2,393
Binance Coin (BNB)$73.99 billion$507.14
Solana (SOL)$62.45 million$133.76
Ripple (XRP)$30.62 billion$0.54
6 more rows
Sep 6, 2024

What crypto is hot right now? ›

This list is sorted by coins that are most searched for in the last 3 hours. Internet Computer, Dogs, and MAGA are the top 3 trending crypto now. In the past 24 hours, the price of Internet Computer changed by 11.4%, Dogs price changed by -1.7%, and MAGA price changed by 1.1%.

What crypto has the most potential? ›

Highest Potential Crypto Projects in 2024
  • Pepe Unchained (PEPU) – L2 Ethereum network potential crypto offering low fees and high staking rewards.
  • Memebet Token (MEMEBET) – Crypto with most potential offering no-KYC Telegram casino and extensive game selection.
4 days ago

What is the strongest Cryptocurrency? ›

  1. Bitcoin (BTC) Price: $57,252.70. Market cap: $1.1 trillion. ...
  2. Ethereum (ETH) Price: $2,353.74. Market cap: $283.2 billion. ...
  3. BNB (BNB) Price: $521.64. Market cap: $76.1 billion. ...
  4. Solana (SOL) Price: $135.36. ...
  5. XRP (XRP) Price: $0.54. ...
  6. Dogecoin (DOGE) Price: $0.10. ...
  7. Toncoin (TON) Price: $5.31. ...
  8. TRON (TRX) Price: $0.15.

What is the Tesla crypto coin? ›

TeslaCoin (TES) is a hybrid PoW/PoS cryptocurrency that was launched in 2014. Currently, it operates solely as a PoS cryptocurrency, with a block time of 30 seconds and a maximum supply of 100 million TES coins. The PoS interest rate is 7% annually.

Where can I buy Elon Musk crypto? ›

Where & How to Buy Elon Musk (MUSK) Guide
  • Download a Trust Wallet Wallet. ...
  • Set up your Trust Wallet. ...
  • Buy ETH as Your Base Currency. ...
  • Send ETH From Binance to Your Crypto Wallet. ...
  • Choose a Decentralized Exchange (DEX) ...
  • Connect Your Wallet. ...
  • Trade Your ETH With the Coin You Want to Get.

Does Elon Musk have tokens? ›

In August, Musk let it be known twice that he has no plans of developing a cryptocurrency. “To be super clear, none of my companies will ever create a crypto token,” he said yet again in November. But Musk's lack of involvement in X Token doesn't mean he isn't benefiting from it.

What is ELON coin used for? ›

The stated purpose of ELON token is to serve as an “intergalactic currency” that future space colonizers can use on Mars and beyond.

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