Memecoins themed around Elon Musk’s ‘America Party’ are making a splash on price charts, netting quick gains for volatility-loving degens.
What happened: Ethereum (CRYPTO: ETH)-based America Party (AMERICA) exploded 129% in the last 24 hours, according to CoinMarketCap.
The coin’s self-reported market capitalization hit nearly $180 million, although CoinMarketCap said that it had not verified the figures.
Similarly, the America Party (AP) rose 6.71% in the last 24 hours and a whopping 483% since the party’s launch.
| Cryptocurrency | 24-hour Gains +/- | Price (Recorded at 4:30 a.m. ET) |
| America Party (AMERICA) | +129% | $0.0000004123 |
| America Party … |