Key notes
- After Musk’s announcement, a piece even based in Solana named America Party (AP) jumped more than 150%, reaching a market capitalization of $ 10 million.
- The cryptography market is flooded multiple memes parts on the theme of Musk’s feast emerged on independence day.
- Musk proposed a targeted political strategy, suggesting that his new party could influence American legislation by targeting some key seats in the Senate and the Chamber.
With American president Donald Trump who adopted the “ Big Beautiful Bill ” on July 4, the day of independence, the technological billionaire Elon Musk promised to form his own political party aka “America Party”. In a few hours, the coins on the theme after Elon Musk’s party have won a solid traction in the past hours.
Musk was a vocal critic of the magnificent bill which seeks to increase the ceiling of the American debt by 5 billions of additional dollars. The Tesla chief believes that this bill will ultimately catch US taxpayers with an increase in indebted payments of interest. In his recent survey conducted on July 4, 60% of respondents voted “yes” to have a New America Party.
Independence day is the ideal time to ask you if you want the independence of the bipartite system (some would say Unitarty)!
Should we create the America party?
– Elon Musk (@elonmusk) July 4, 2025
America Party Same Coin Trending now
The technological billionaire Elon Musk is a great figure in the coins sector, and his recent launching plan for a new political party has blew up the Crypto community on the opportunity to launch a piece of Mesmes de Party America.
Elon Musk’s influence on the parts market even was fully exposed. The new token nicknamed “America Party” (AP) increased by more than 150%, reaching a market capitalization of $ 10 million and becoming the most trendy token on Dexscreener.
The same corner, based in Solana, is one of the five “America Party” tokens gaining ground after Musk’s remarks. The point of the tip, the day of American independence, has further fueled interest in coins with patriotic themes.
Elon Musk’s political ambitions increase
Elon Musk has expressed his plans for the American party since his separation from Donald Trump on political policies and leaving the Ministry of Government (DOGE). Sharing his plans further, Musk wrote:
“One way of executing on this (third -party plan) would be to focus on the laser on only 2 or 3 seats in the Senate and 8 to 10 districts of the Chamber. Given the thin legislative margins of the razor, it would be sufficient to serve as a decisive vote on controversial laws, guaranteeing that they serve the real will of the people,” said musk on social networks.
America Party based in Solana Same Ralles Coin – Source: TradingView
However, the formation of a new political party will not be very easy for Musk.
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Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.
