Why $ELIEN trade is a generational onchain trade:
First of all it’s on ETH and has been holding a floor around ~1.5M for almost a month now, which already says a lot in current conditions where most memes completely die after the first move.
Elon Musk has been saying he’s an elien for years and people always engage heavily with it. Even a lot of Elon related accounts and close circles like OxFreeze and Silicon Tesla Owners have been meming the narrative repeatedly. We even saw CZ joking in an interview saying he believes Elon is an alien and that he’s going to Mars.
Now connect all the dots.
We have UFO files, alien discussions becoming mainstream again, Elon constantly attached to the narrative, and a ticker that perfectly fits the meme before the real attention even arrives.
I genuinely think this narrative eventually escapes CT and reaches mainstream media. The moment Elon interacts with anything remotely related to aliens again this can go completely vertical.
1 Elon meme engagement and this probably sends to 100M.