Last week saw the launch of a new cryptocurrency called ElonJet as a comic to support the billionaire aircraft tracking project.

According to Arabiya Net, this project was founded by a 19-year-old who Elon Musk tried and failed to stop.

The teenager, Jack Sweeney, who runs a Twitter page that tracks Musk's private jet, previously rejected the billionaire's $5,000 offer to delete the account. Last week, Sweeney responded by ordering $50,000 or a Tesla Model 3, and Musk said no.

To quickly promote their cryptocurrency, the people behind ElonJet said they wanted to realize Sweeney's dream of buying a Tesla car, according to their Twitter page. A condition is the rise in the market value of their cryptocurrency to 10 million dollars.

According to data from CoinMarketCap.com, the cryptocurrency Elon Gate had a market capitalization of nearly $3 million as of Sunday afternoon.

The ElonJet Coin Twitter account also claimed he had no affiliation with Sweeney, and was blocked by Elon Musk.

For his part, Sweeney told Insider: "It's pretty funny what this all turned out to be, and if they believe in memes, I trust them to follow, according to what I've seen. Al Arabiya.net.

Memes are comic cryptocurrencies, and Elon Musk, a fan of them, has supported Dogecoin, which originally started as a prank among engineers to mock Bitcoin. .

As for the next step for the plane-tracking teen, he told Insider he had no plans to raise his $50,000 request to shut down the tracker for Elon Musk's private jet, He also revealed that there are many people managing his Twitter account to track the private planes of 10 billionaires, including Jeff Bezos and Bill Gates.

We hope that all aircraft data will be available in a decentralized format, he said. This will help reduce carbon emissions and costs significantly because this data will be available to more people globally.