Errol Musk’s Cryptocurrency Venture with Musk It
- Errol Musk aims to raise $150 million to $200 million for the Musk Institute using profits from the Musk It token.
- The initiative is in partnership with Nathan Brown to establish a commercial analytics center called the Musk Institute.
- Musk It, a meme coin launched by a Middle Eastern crypto company, has a market capitalization of over $25 million.
- Despite concerns about tokenomics, Errol Musk and Nathan Brown publicly support the project.
- CIC Digital has started accepting meme coins named after Donald Trump and Melania Trump.
Errol Musk, alongside Nathan Brown, plans to fund the Musk Institute through the meme coin Musk It, which boasts a market cap exceeding $25 million despite skepticism about its market mechanics.
Source (2.6)https://hodl.press/elon-musks-dad-eyes-200m-with-musk-it-memecoin/?rand=24434
