Elon Musk faced some backlash recently for his stand on cryptocurrencies, especially on bitcoin and Dogecoin. After Musk said that Tesla will not be accepting bitcoins the bitcoin price crashed, making many bitcoin and crypto investors to question Elon's stand on crypto, which he recently mentioned about creating his own crypto currency. Even though we already have coins named after Elon Musk like Elongate and Dogelon Mars, a coin created by Elon Musk will absolutely dominate the market.