Elon Musk is once again pushing crypto sky-high, as quick launch 'X' meme token pumps +4,300% overnight in latest Musk moon-shot.
The sensational price move comes following the news that Elon has rebranded Twitter as 'X.com'.
Yet while Musk has been busy re-drawing the Twitter logo and re-directing URLs, straight to DEX meme coin makers haven't skipped a beat - launching 'X' token at 4AM yesterday.
While the first 4 hours of X tokens launch saw growth limited to just +500%, as the breaking news swept through the weekend an insane wave of volume drove price action into a Frenzy.
By hour 6, early backers were sat on an unimaginable +3,400% gain - as more than $1.34m in trading volume arrived.
This left price peaking at $0.58 - an incredible +4,300% higher than the original launch price at $0.0135.
But despite amassing 8.92k transactions and over one thousand holders in less than a day, the seismic move to the upside soon gave way to a resounding -78% dump - leaving those slow on the draw out of pocket.
Yet, as intrepid apes, meme token investors are already swinging into the next big meme token of 2023.
Unleashing a storm in meme coin markets, the presale of Wall Street Memes' $WSM token hit an unprecedented $17 million - making it one of the biggest presales of 2023.
This meme coin, born from a 2021 rebellion against Wall Street, is anticipated to be the crypto community's new darling ahead of the release of a highly-anticipated roadmap.
What's impressive about $WSM? It’s not just another meme coin.
The Wall Street Memes team knows the game inside out, demonstrated by their track record of lightning-fast asset launch sell-outs, with a million-strong, zealous community, and a successful presale surpassing their own record, $WSM's
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