based on materials from the site - By Tokentopnews.com
Elon Musk's poll 'American Party' ignites speculative excitement, and meme coins are experiencing a surge.
Elon Musk initiated a poll asking about the establishment of a new political organization, the 'American Party'. The poll attracted over 1.24 million participants, with about 65% responding positively. Musk's prominent role not only influences politics but also significantly impacts markets.
Known for his influence on technology and cryptocurrencies, Musk's actions often lead to changes in the value of meme coins. 'It is important to actively participate in the political sphere to ensure that future policies reflect the values and interests of the public,' said Elon Musk.
Shortly after Musk's statement, there was a significant impact on the meme coin market, especially on the 'America Party' token based on Solana. The token surged by more than 150%, reflecting investor interest despite the lack of confirmed long-term viability. Although Musk's financial movements are not directly linked, his influence on the market remains evident.
Musk's previous experience with meme coins, including DOGE, illustrates the temporary nature of such pumps. The potential for sustainable growth is uncertain, but his activities continue to provoke market reactions.
In conclusion, it should be noted that the launch of the 'American Party' by Elon Musk is expected to generate sustained market interest. However, as historical patterns show, the growth triggered by this activity may prove to be unstable. The uncertainty associated with economic, regulatory, and technological implications is likely to persist, attracting close attention from observers and market participants.
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