Musk’s Announcement:

On July 5, 2025, Musk officially announced the formation of the America Party via a post on X, stating, “Today, the America Party is formed to give you back your freedom,” following a poll where 65% of 1.16 million respondents supported creating a new political party to challenge the "Democrat-Republican uniparty." He proposed focusing on 2–3 Senate seats and 8–10 House districts to influence key legislation #OneBigBeautifulBill

Dogecoin $DOGE , a meme coin closely associated with Musk, dipped nearly 4% after Trump’s deportation threats against Musk during their feud, reflecting the market’s sensitivity to their conflict. Musk’s political moves could further impact DOGE, either positively or negatively, depending on future developments.#BTCWhaleMovement #DOGE原型柴犬KABOSU去世

$MEME Coin Surge: Musk’s announcement triggered a frenzy in the meme coin sector, with multiple "America Party" (AP)-themed tokens emerging, particularly on Solana. One such token, dubbed "AP," surged over 150% on July 4, 2025, reaching a $10 million market cap and becoming the top trending token on DexScreener. At least five AP-themed meme coins gained traction, fueled by the patriotic timing of Independence Day and Musk’s influence in the crypto community. #SpotVSFuturesStrategy