Following Donald Trump’s projected victory in the recent election, various crypto linked to Elon Musk have experienced significant price increases.
Following Donald Trump’s projected victory in the recent election, various crypto linked to Elon Musk have experienced significant price increases. Among the most notable is the X token associated with the Telegram game X Empire, which has risen by 53% within the last 24 hours, reaching a price of $0.000073.
This surge follows a dramatic bounce back from an all-time low of $0.000033 recorded on Nov. 3, with the token peaking at $0.000096 late Wednesday.
X Empire, originally launched as “Musk Empire,” allows players to engage in a tap-to-earn format while enhancing fictional attributes related to a cartoon version of Musk. The game has gained traction on The Open Network (TON), generating a trading volume of $316 million, a 356% increase compared to the previous day.
This places X Empire as the most-traded token on TON, second only to Toncoin (TON).
Bitcoin also saw an all-time high late Tuesday, with the overall market reflecting the political climate. Other tokens associated with Musk, such as Dogecoin (DOGE), have also gained popularity, rising 73% over the past month.
This increase is partly attributed to discussions around a potential government agency, the Department of Government Efficiency (D.O.G.E.), which Trump suggested Musk could lead.
Musk’s financial support for Trump, amounting to $130 million through his America PAC, further emphasizes the connection between the tech executive and the political landscape.
Musk has been active in the campaign, appearing at rallies and sharing data on social media, claiming “record usage” of Twitter, now rebranded as X.
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