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 …

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