Elon Musk Inspired New Cryptocurrency Listing L The Memecoin Trending - Will $L Rug Pull?

BeInCrypto
BeInCrypto

28 Jun 2023 10:52 AM

L The Memecoin ($L) has burst onto the scene in the past 24 hours, with the token’s price soaring over 6,700% on Tuesday. $L is the latest coin to catch meme enthusiasts’ attention, primarily due to it drawing inspiration from Elon Musk and Twitter. However, many market participants are now questioning whether $L is legit … Continued...

  • The Memecoin ($L) has gained significant attention in the past 24 hours, with its price surging over 6,700%.
  • $L draws inspiration from Elon Musk and Twitter, which has contributed to its popularity.
  • The token has quickly become one of the top crypto pairs on DEXTools.io, with over $13.7 million worth of $L traded in the past day.
  • The project aims to create a community that supports Elon Musk's Twitter, and Twitter Blue subscribers will be eligible for an $L airdrop.
  • However, there are concerns about the legitimacy of $L, with some believing it could be a fraudulent project.
  • Andrew Lee, the founder of several small-cap coins, has been criticized for alleged scams in the past.
  • In contrast, Wall Street Memes ($WSM), another meme coin, has gained attention and raised $10.9 million in its presale.
  • Elon Musk has engaged with Wall Street Memes on Twitter, creating buzz around the project.

The sentiment in the article is mixed. While there is excitement and attention surrounding the surge in price and popularity of $L and Wall Street Memes, there are also concerns about the legitimacy of $L and its potential as a fraudulent project.

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You May Ask

What is the current price surge and trading volume of $L?What is the inspiration behind $L and its plans for a community that supports Elon Musk's Twitter?Are there concerns about the legitimacy of $L and its potential as a scam?How has Wall Street Memes gained attention and raised funds in its presale?Has Elon Musk engaged with Wall Street Memes on Twitter?

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