Is Elon a meme coin?

In the vast landscape of cryptocurrencies, many tokens have gained popularity due to their unique use cases or associations with prominent figures. One such figure is Elon Musk, who has garnered immense attention for his tweets and comments related to various digital assets. Given his influence, the question arises: Is Elon Musk himself a 'meme coin'? By this, I don't mean that Elon Musk is a literal cryptocurrency, but rather, is the hype surrounding his involvement in crypto akin to the phenomenon of meme coins? Meme coins are tokens that gain popularity primarily due to their humorous nature or cultural relevance, often lacking significant utility beyond their novelty. As we examine the impact of Elon Musk's tweets on crypto markets, could it be said that his influence is similar to the fleeting popularity of a meme coin? This question seeks to understand the role of celebrity endorsements in the crypto world and whether they truly add value or are merely fleeting trends.