Elon Musk recently made a (fairly average) meme about how people say that anyone who disagrees with them politically is Hitler.
Since then, a new token ‘Hitler Inu’, is up over 5000%.
Jokes aside, I think this is terrible for crypto.
Firstly, one man can indirectly control the markets without even meaning to (at least, he didn’t mean to in this case). Secondly, it is projects like this that makes the average retail investor think that crypto is a pyramid scheme/scam.
As an asset class, crypto needs to move away from these sort of projects and focus on fundamentals etc.
Tl;dr Hitler Inu token is up over 5500% based off an average meme.
submitted by /u/Laughingboy14
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