Tech billionaire Elon Musk attended a rally for Republican candidate Donald Trump on October 5, stirring significant market reactions, especially among meme coins linked to the former president.
Tech billionaire Elon Musk attended a rally for Republican candidate Donald Trump on October 5, sparking strong market reactions, particularly among meme coins linked to the former president.
The event took place in Butler, Pennsylvania, at the site of an attempted assassination of Trump in July.
Musk, the owner of social media platform X, arrived at the rally wearing a black blazer, an “Occupy Mars” shirt, and a black MAGA hat. His appearance marked a key moment in his growing political involvement in the upcoming US November elections.
Observers noted that Musk’s attendance at the rally highlights his strengthening ties with Trump. Trump had earlier mentioned that he would appoint Musk to head a government efficiency commission if re-elected. Meanwhile, Musk has been a prominent supporter of Trump, even hosting the former president on a live X Space session in August.
At the rally, Musk encouraged the crowd to register and vote in November, calling it “the most important election of this lifetime.” He stressed the urgency by urging attendees to get others involved in the voting process.
During his speech, Musk mentioned Dark MAGA, a meme coin inspired by Trump. Following his remarks, Dark MAGA’s price surged by 227%, reaching approximately $0.0073. Other meme coins also saw gains. MAGA (TRUMP) rose 3%, Doland Tremp (TREMP) spiked 10%, and Super Trump (STRUMP) increased 5%.
“As you can see, I’m not just MAGA. I’m dark MAGA,” Musk stated.
This rally in meme coins comes as election odds on platforms like Polymarket shift, indicating a close contest between Trump and Vice President Kamala Harris.
According to Polymarket, Trump has a 50.4% chance of winning, while Harris’s odds are 48.5%. This marks the closest contest the platform has seen since mid-September, highlighting the uncertainty in the upcoming election.
The above is the detailed content of Elon Musk Stuns Market by Attending Donald Trump Rally, Dark MAGA Meme Coin Jumps 227%. For more information, please follow other related articles on the PHP Chinese website!
What is a Meme Coin?Jul 29, 2024 pm 12:48 PMMeme coins are a type of cryptocurrency inspired by internet memes and popular culture. Unlike traditional cryptocurrencies like Bitcoin and Ethereum
Doge2014: A New Meme Coin That Aims to Bring Back the Dogecoin LegacyAug 09, 2024 am 12:26 AMDoge2014 aims to bring back the Dogecoin legacy. It offers investors the chance to feel what it was like to buy DOGE back in 2014.
Neiro: The New Meme Coin That Has Rocked the Cryptocurrency MarketJul 28, 2024 pm 09:17 PMThe meteoric rise of the new meme coin Neiro has deeply affected other popular coins. Neiro, which has become the favorite of investors, has started a golden age in the market, while other meme coins have experienced serious declines.
Crypto All-Stars Raises $330,000 in 48 Hours, Offering Massive APY for Meme Coin StakingAug 17, 2024 am 09:30 AMCrypto All-Stars ($STARS) has successfully raised over $330,000 within the first 48 hours of its presale launch. This new token is bringing a fresh twist to the meme coin market, offering holders of popular meme coins like Dogecoin ($DOGE), PepeCoin
Meme Coins Are Leading the Cryptocurrency Market in a “Super Cycle,” Analyst Miles Deutscher SaysJul 31, 2024 am 12:28 AMAnalyst Miles Deutscher revealed that meme coins are currently leading the cryptocurrency market in a “super cycle,” outperforming other types of cryptocurrencies.
MoonTaurus (MNTR): The New Meme Coin Poised to Lead the 2024-2025 Crypto Bull RunAug 25, 2024 pm 12:17 PMAs the 2024-2025 crypto bull run gears up for a steep climb, one meme coin stands out as a smart investor favorite.
GAGA Pioneers Meme Coin Innovation with a Mission for Global PeaceJul 31, 2024 pm 12:04 PMIn a world fraught with geopolitical tensions and conflict, entertainment and individual political figures alone cannot address the pressing issues of our time. Recognizing this need, GAGA has emerged as a trailblazer in the meme coin space, with a g
Playdoge (PLAY) vs Mpeppe (MPEPE): Which Meme Coin Will Blow Up Next?Aug 31, 2024 am 04:13 AMTwo meme cash, Playdoge (PLAY) and Mpeppe (MPEPE), have captured vital consideration, every with its personal distinctive attraction and potential to develop into the subsequent Dogecoin (DOGE).
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
AI Hentai Generator
Generate AI Hentai for free.
Hot Article
Hot Tools
Atom editor mac version download
The most popular open source editor
mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
SublimeText3 Linux new version
SublimeText3 Linux latest version
VSCode Windows 64-bit Download
A free and powerful IDE editor launched by Microsoft
ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
