search
Homeweb3.0Copycat Cryptocurrencies Named After SpaceX Surge After Successful Test Launch of Elon Musk's Starship

The coins that are not affiliated with Musk's aerospace firm, SpaceX, garnered massive price spikes across the platform from the attention gained

Copycat Cryptocurrencies Named After SpaceX Surge After Successful Test Launch of Elon Musk's Starship

A slew of copycat cryptocurrencies named after Elon Musk's Starship rocket surged in value on Friday after the successful test launch of the next-generation vehicle from SpaceX.

The coins, which are not affiliated with Musk's aerospace firm, garnered massive price spikes across the platform from the attention gained during the launch.

Perhaps the biggest winner was SPACEX, a token based on PancakeSwap that went up by a whopping 5,824% in 24 hours. Its price rose to $0.012192, leading to a market cap of $80,800.

Another token named after SpaceX, one that is based on the Solana (SOL) blockchain, also increased in value, going up 216% at its peak at the time of writing, all while maintaining a market cap of $16,400.

On the flip side, an NFT gaming token named StarShip after SpaceX's newly launched rocket soared 0.9% before leveling at $0.0215 with a market cap of $404,251. Another Ethereum (ETH) blockchain-based token themed after the Starship rocket was made but not tracked on major platforms regarding its price moves.

The actual Starship launch by SpaceX has been a technological mile-marker. The 400-foot-tall rocket launched near the Mexican border and curved over the Gulf of Mexico. This flight proved to be better than previous ones since the rocket was caught upon return by the “chopsticks” arms of the launch tower, rather than ending in an inferno like its predecessors.

While these tokens may be riding on the coattails of Musk's endeavors in space, the crypto community at large has shown to be easily swayed by the billionaire's words and actions.

Musk, who is also a self-proclaimed “Dogefather,” has injected life back into meme coins like DOGE and SHIB INU with his social media presence, impacting their prices in the past.

After the Starship flight, Musk said that the booster part of the rocket could be ready to launch in as little a time as an hour. “The booster returns within 5 minutes, so the remaining time will be for reloading propellant and placing a ship on top,” he explained.

As Musk continues to be a prominent figure in the crypto world, his name has also been used by scammers for malicious purposes.

In April, an influx of deepfake videos of Musk appeared on YouTube, promoting bogus SpaceX giveaways, which coincided with a solar eclipse on the same day.

These scams represent a dangerous aspect of the crypto market in general, further emphasizing the risks when it comes to public figures whose influence garners both real and false interest.

The above is the detailed content of Copycat Cryptocurrencies Named After SpaceX Surge After Successful Test Launch of Elon Musk's Starship. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Elon Musk pegs the first human flight to Mars for 2028 with a colony to follow in 20 yearsElon Musk pegs the first human flight to Mars for 2028 with a colony to follow in 20 yearsSep 08, 2024 pm 09:30 PM

While talking about thefirst reusable spaceship achievement, and the fact that its tonnage costs for a trip to Mars need to be much lower, Elon Musk casually mentioned that he envisions the first manned Starship flight to Mars will happen in 2028. Fi

AYANEO AG01 Starship: RX 7600M XT external GPU getting ready to launch on Indiegogo with RGB and retro sci-fi designAYANEO AG01 Starship: RX 7600M XT external GPU getting ready to launch on Indiegogo with RGB and retro sci-fi designAug 16, 2024 pm 09:39 PM

AYANEO teased back in May the upcoming external GPU, the AG01: Starship. Not to be confused with the AOOSTAR AG01 E-GPU dock (which doesn't include a GPU), the Starship carries a retro inspired design with exhaust ports mimicking the boosters on a sp

Dogecoin Soars to New Monthly Highs as Donald Trump Wins 2024 Presidential ElectionDogecoin Soars to New Monthly Highs as Donald Trump Wins 2024 Presidential ElectionNov 07, 2024 am 10:26 AM

A Benzinga poll asks readers to pick which Musk-linked company could have the biggest impact on the meme coin's future.

Elon Musk's SpaceX Is Surprisingly Bullish on Bitcoin (BTC), Arkharm Intelligence RevealsElon Musk's SpaceX Is Surprisingly Bullish on Bitcoin (BTC), Arkharm Intelligence RevealsSep 11, 2024 am 09:14 AM

Although SpaceX, founded and led by Elon Musk, is predominantly known for its groundbreaking technologies and successful launches, the American aerospace manufacturer is also surprisingly bullish on the alpha cryptocurrency, Bitcoin (BTC).

Cardano (ADA) Has Been on a Strong Rise, Reaching Its Highest Price since March 2024Cardano (ADA) Has Been on a Strong Rise, Reaching Its Highest Price since March 2024Nov 19, 2024 am 07:23 AM

The price has gone up almost 170% from its lowest point this year. This jump is mainly because of the recent crypto market rally

SpaceX will send five Starships to Mars in 2026 and Starlink will pay for itSpaceX will send five Starships to Mars in 2026 and Starlink will pay for itSep 23, 2024 pm 09:22 PM

Elon Musk pegged Starlink satellite Internet subscribers as investors in the future of humanity, as its sales are apparently the main funding source of the SpaceX Starship program that will be used for getting to Mars. "If you look closely at yo

Cardano (ADA) Surges to New Heights, Analysts Foresee a Mix of Short-Term Corrections and Long-Term GainsCardano (ADA) Surges to New Heights, Analysts Foresee a Mix of Short-Term Corrections and Long-Term GainsNov 20, 2024 am 07:38 AM

ADA has seen a massive surge, with the coin rising by 118% in the past month from $0.32 to $0.81.

Copycat Cryptocurrencies Named After SpaceX Surge After Successful Test Launch of Elon Musk's StarshipCopycat Cryptocurrencies Named After SpaceX Surge After Successful Test Launch of Elon Musk's StarshipOct 15, 2024 pm 12:26 PM

The coins that are not affiliated with Musk's aerospace firm, SpaceX, garnered massive price spikes across the platform from the attention gained

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

Atom editor mac version download

Atom editor mac version download

The most popular open source editor

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

DVWA

DVWA

Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software