Meme Coin enthusiasts are buzzing after a significant 227% surge in value, directly linked to Elon Musk's appearance at a rally for Republican candidate Donald Trump on October 5.
The rally, held in Butler, Pennsylvania, stirred notable reactions in the market, especially among meme coins associated with the former president. Musk, who owns the social media platform X, attended the event dressed in a sleek black blazer.
One standout was the Dark MAGA Meme Coin, which recorded a remarkable 227% increase in value. This surge reflects the significant influence Musk holds over the crypto market, particularly with meme coins.
The market's response highlights the ongoing volatility and excitement surrounding crypto news. Investors are closely monitoring developments as they unfold.
