Musk’s Meme Coin Mojo Fades as Market Grows Up

Once the undisputed king of crypto pump-and-dumps, Elon’s tweets now trigger barely a blip on the charts. Dogecoin barely twitched after his last ’to the moon’ post—turns out even billionaire memelords face diminishing returns.

The new reality? Retail traders finally learned that ’fundamentals’ mean more than celebrity shilling (though Wall Street still hasn’t).

Bonus cynicism: If you wanted stable returns, you should’ve bought the dip on his Tesla stock instead.

Adding to the problem are the instant knockoff tokens that appear on platforms like Pump.fun, each siphoning off investor interest and eroding trust. When every meme becomes a dozen cheap imitations, even Musk’s magic struggles to stand out.

While he can still generate buzz, the data suggests the meme coin space has moved on. Flashy stunts might stir short-term excitement, but turning that into serious value is no longer guaranteed — not even for Elon Musk.