Bitcoin soared to an all-time high late Tuesday as President-elect Donald Trump's anticipated victory materialized, pulling other cryptocurrency markets with it. However, the biggest gainer of the day, oddly enough, was the Elon Musk-themed Telegram game.
According to CoinMarketCap, the X Empire #token for the Telegram game has risen 53% in value over the past 24 hours and is currently worth 0000073 USD. The token, issued by The Open Network (TON), rose from an all-time low of $0000033 on Nov. 3 and soared to $0000096 late Wednesday.
In the process, X Empire became the most traded token on The Open Network, aside from Toncoin (TON) itself, with a trading volume of $316 million during that time. That's a 356% increase over the previous 24 hours, and nearly double that of second-place Notcoin (NOT), which had a trading volume of $159 million over the same period.
#Bitcoin prices, which rose to all-time highs this morning, retreated slightly after U. S. media reported that the 2024 presidential election will favor Republican Donald Trump. According to CoinGecko, bitcoin prices hit an all-time high of $75,358.70 early this morning. after falling just below the $74,000 mark. And there are reasons to believe in a big year for bitcoin: ETF approval, a quadrupling of the price and now Trump's announcement.
What sparked the surge X Empire, an unofficial game dedicated to Elon Musk, launched over the summer under the name Musk Empire. The game was quickly rebranded, but the focus was on improving the attributes and business of Musk's cartoon image ahead of the token launch and antenna drop in October.
In the real world, Musk is a prominent supporter of Donald Trump, having donated $130 million to the Republican candidate's campaign through tech giant America PAC. Musk also spoke at Trump rallies in the final weeks leading up to Election Day.
The token was originally scheduled to launch on October 9, but was pushed back to November 12. MemeFi is a game in which players ...
Other coins associated with Mr.
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