Elon Musk officially announced the formation of the America party, a new political movement aimed at challenging what he called a “unique system” fired by tax waste and corruption.
This decision follows his frank criticisms of the big invoice of 3.3 billions of dollars recently signed by Trump, which Musk described as “crazy” and “destructive”.
The announcement sent shock waves in political and cryptographic circles.
In a few hours, a piece of memes named America Coin (AP) – created on Pump.fun climbed 120%, reaching a market capitalization of more than $ 18 million. Trading volumes increased while speculators rushed, betting on the influence and virality of Musk.
Although Musk did not directly approve the medal, the traders interpreted timing as symbolic, reflecting Dogecoin’s thrust during its blitz on social networks in 2021. Some already nicknamed it “the dogoin of American politics”.
The rapid rise in the memes play reflects an increasing interest in the politically loaded memeric active ingredients, which mix the stories of the real world with speculative trade.
While Musk enters the political arena under his own banner, even money enthusiasts are apparently ready to take advantage of the media threw.
Users are warned to pay attention to pump and dump programs surrounding this viral political saga.
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