Elon Musk has officially announced the formation of the America Party, a new political movement aimed at challenging what he calls a “one-party system” driven by fiscal waste and corruption. Because, you know, two parties just weren’t enough drama.
The move follows his outspoken criticism of Trump’s recently signed $3.3 trillion Big Beautiful Bill, which Musk has called “insane” and “destructive.” Because apparently, trillion-dollar bills are the new black. 🤑
The announcement sent shockwaves across both political and crypto circles. I mean, who doesn’t love a good shockwave?
By a factor of 2 to 1, you want a new political party and you shall have it!
When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy.
Today, the America Party is formed to give you back your freedom.
— Elon Musk (@elonmusk) July 5, 2025
Within hours, a meme coin named America Coin (AP)—created on Pump.Fun—soared 120%, reaching a market cap of over $18 million. Trading volumes spiked as speculators rushed in, betting on Musk’s influence and virality. Because why not? It’s not like we haven’t seen this movie before. 🎬
While Musk has not directly endorsed the coin, traders interpreted the timing as symbolic, mirroring Dogecoin’s surge during his 2021 social media blitz. Some are already dubbing it “the Dogecoin of US politics.” Because we needed another political mascot. 🐶
The meme coin’s rapid rise reflects growing interest in politically charged meme assets, which blend real-world narratives with speculative trading. It’s like a reality TV show, but with actual money on the line. 🎩💰
As Musk enters the political arena under his own banner, meme coin enthusiasts are seemingly prepared to leverage the hype. Because who doesn’t love a good hype train? 🚂
Users are cautioned to watch out for pump-and-dump schemes surrounding this viral political saga. Because, you know, nothing says “freedom” like getting scammed. 🚨
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2025-07-06 00:11