X Token Blasts Up 5,000% in 24 Hours as Elon Musk-Inspired Coins Go Viral But Crypto Whales are Accumulating This Lesser Known Crypto Instead
This week DEX markets have seen another massive tremor, led by tech maestro Elon Musk, the launch of the 'X' meme token, deftly timed with Musk's surprising Twitter-to-X.com rebrand, has pushed the token's value to an astonishing +4,300% overnight.
Musk's moon-shot move has once again disrupted the market, nudging cryptocurrency valuations to their zenith.
Yet, as Musk busied himself with revising Twitter's online aesthetic, creators of the rapid-launch 'X' meme token remained undeterred.
In the dead of night at 4 am, the 'X' token was unleashed onto crypto markets, triggering an extraordinary initial trading frenzy.
The nascent stages of the X token’s launch were met with modest growth, soaring a mere +500%.
However, as news about Musk's latest venture swept across the globe over the weekend, a tidal wave of trading activity catapulted the token's value into uncharted territory.
By the sixth hour of trading, early adopters sat atop a staggering +3,400% gain as trading volumes exceeded $1.34m, pushing the token's peak value to $0.58.
This represented a mind-boggling +4,300% surge from its original listing price of $0.0135.
However, this exorbitant leap was not destined to last, despite recording an impressive 8.92k transactions and amassing more than a thousand holders in a day, the token's value plunged by -78%.
Still, crypto enthusiasts are already scouting the next potential goldmine.
The Wall Street Memes token ($WSM) pre-sale is causing quite a stir within the meme coin community.
Already amassing an unprecedented $17.5 million, it is rapidly becoming one of 2023's most significant pre-sales.
The $WSM token is no ordinary meme coin; it was born from a 2021 insurrection against Wall Street.
Its soon-to-be-released roadmap,
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