Trump meme coins on the sulle ahead of Elon Musk broadcast
Memecoins, which are Donald Trump-themed but have no official ties, are on the rise ahead of tonight's release.
Meme coins, inspired by Donald Trump, rose before Elon Musk's interview with Trump at 03.00 tonight.
MAGA (TRUMP), the largest of these coins with a market capitalization of $160 million, gained a value of about 20 percent from $2.97 to $3.56 in a few hours. MAGA Line (MAGA), which was traded with a market capitalization of $32 million, rose by about 72 percent from $0.0000050 to $0.0008600. The rate of increase in other similar coins ranged from 45 to 75 percent. In addition, these cryptocurrencies have been among the most sought after in the last 24 hours.
Cryptocurrencies are also expected to come to the fore in the interview. In addition to Trump, who has been talked about with his extremely positive messages about crypto recently, it is a matter of curiosity what Musk will say.
Warning letter from the EU to Elon Musk
On the other hand, this publication has already made headlines in another aspect. The European Union on Monday warned X, owner Elon Musk and CEO Linda Yaccarino that penalties and restrictions could face if the spread of illegal content, such as incitement to violence and hate speech, is not prevented on the platform. "I am writing to you about the live broadcast between a US presidential candidate and you on your platform X on your platform X, which will be available to users in the EU," EU Commissioner Thierry Breton, who started with the statements, demanded that the necessary measures be taken.
In response, X CEO Yaccarino said, "This is an unprecedented attempt to implement a law that applies in Europe to political activities in the USA. In addition, he despises European citizens and argues that they are incapable of listening to a conversation and drawing their own conclusions.” said.
