L The Memecoin ($L) Price Explodes 7,500%, Top Trending DEXTools Crypto - Elon Musk Tweets At Wall Street Memes

Crypto News
Crypto News

27 Jun 2023 8:24 PM

Inspired by a 2021 Elon Musk tweet, new cryptocurrency L The Memecoin (L) had an explosive initial exchange offering on Uniswap today, with the $L price pumping over 7,500% before a correction....

  • L The Memecoin had an explosive initial exchange offering on Uniswap, with the $L price pumping over 7,500% before a correction.
  • $L was a closely watched meme coin ICO thanks to its airdrop and a June 17 tweet from Bitmex founder Arthur Hayes even speculating it could be the next Shiba Inu (SHIB).
  • $L is the first airdrop that rewards you for your Twitter usage: all Twitter Blue subscribers are eligible, and the more clout you have.
  • The 'origin story' of L The Memecoin stems from an Elon Musk tweet in 2021 that he likes Japanese manga series Death Note, and the character L Lawliet, known just as 'L'.
  • Elon Musk has engaged with the @wallstmemes account on three occasions. With a similar concept of creating a community of traders and investors - inspired by the 2021 meme stocks movement - $WSM is expected to have its IEO on Uniswap later this year.

The article has a neutral tone, providing information about the recent explosive initial exchange offering of L The Memecoin and its origin story, as well as mentioning the upcoming meme coin presale Wall Street Memes and its engagement with Elon Musk.

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