Memecoin, which is themed after Donald Trump but has no official connection, is surging ahead of tonight's release. Memecoin, which is inspired by Donald Trump, is surging ahead of Elon Musk's interview with Trump at 3:00 tonight.

MAGA (TRUMP), the largest of these coins with a market capitalization of $160 million, increased in value by about 20 percent from $2.97 to $3.56 in a few hours. MAGA Line (MAGA), which trades with a market capitalization of $32 million, increased by about 72 percent from $0.0000050 to $0.0008600. The percentage increase of other similar coins ranges from 45 to 75 percent. Moreover, these cryptocurrencies are among the most sought-after cryptocurrencies in the past 24 hours.

Cryptocurrencies are also expected to be a major topic during the interview. Aside from Trump, who has been widely reported to have been extremely positive about cryptocurrencies, it is also a matter of curiosity what Musk will say.

Warning Letter From EU To Elon Musk

The publication has made headlines in another way, however. On Monday, the European Union warned X, its owner Elon Musk and CEO Linda Yaccarino, that they could face fines and restrictions if they fail to prevent the spread of illegal content, such as incitement to violence and hate speech, on the platform.

"I am writing to you about a live broadcast between a US presidential candidate and you on your platform X, which will be available to users in the EU," EU Commissioner Thierry Breton, who began with the statements, demanded that the necessary measures be taken.

In response, X CEO Yaccarino said, “This is an unprecedented attempt to apply a law that applies in Europe to political activities in the United States. Furthermore, he is belittling European citizens and suggesting that they are incapable of listening to a conversation and drawing their own conclusions.” said.