Musk's Party Formation: Can the American Party Change the Fate of the Crypto World?
Yesterday, Musk announced the establishment of the American Party, with over 1.25 million votes of support on Twitter, equivalent to the entire population of Sanya City!
【Why did Musk want to form a party?】
Dissatisfied with the American political parties, he decided to take action himself! Currently, Musk has confirmed that the American Party will participate in the 2026 midterm elections. The midterm elections are not for electing a president, but for electing congressional representatives. Musk's move aims to secure 2 to 3 seats to pave the way for bigger actions in the future.
【What opportunities does this bring to the crypto world?】
Musk has always been a supporter of cryptocurrency and recently mentioned that 'the American Party will support BTC.' Musk's rise to power would certainly be beneficial for crypto. However, 2028 is the actual election year, so it is still too early to tell.
