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Before Trump And Musk’s X Space Interview, Meme Tokens Such As MAGA Rose Significantly

At 8:40 a.m. on August 13, Trump and Musk’s X Space, which had been warming up for a week, officially started. The interview was originally scheduled to start at 8 o'clock, but users were actually unable to enter at first. Musk said that he "encountered a large-scale cyber attack" and the interview was delayed for about 40 minutes.

There was no mention of Bitcoin or cryptocurrency in the unscripted interview, and real-time data showed that more than 1.3 million people listened to the chat on the X platform. Prior to this interview, on Polymarket, users were betting on a 65% chance of mentioning “cryptocurrency” in the interview, with a total of over $600,000 bet on the topic.

However, just before and during the dialogue between the two parties, in addition to Trump's original political meme tokens MAGA and TRUMP, which saw significant increases, there were also a large number of meme tokens that opened positions, but the increases and decreases fluctuated greatly, such as Yeah, New World Order, Dark Space, etc.

What did Trump and Musk talk about?

attempted shooting incident

Trump said he had "more faith" in God after surviving the assassination. Musk has been trying to get Trump to criticize the Secret Service's failures after Trump praised the sniper who killed his would-be shooter, but interestingly, Trump mostly praised them.

immigration policy

About 20 minutes later, Trump finally brought up his Democratic rival Kamala Harris, attacking her and now-President Joe Biden for lax immigration policies and allowing undocumented immigrants to cross the U.S.-Mexico border.

Praising Musk and Tesla

Trump has previously been critical of electric vehicles, but he praised Musk and Tesla, calling his product "incredible." Trump also praised Musk's intelligence, saying, "You have an absolutely rich mind. You and I can talk about rockets and tunnels and electric cars," referencing Musk's many business ventures.

Musk says he will play a role in cutting federal spending

This shows that Musk is increasingly involved in American politics. Musk has called for the establishment of a government commission to ensure the efficient use of taxpayer funds, and has recommended himself to serve on the commission. "I'd love to be a part of a committee like this – I'd be very happy if it was established," Musk said. Trump praised the idea, calling Musk "the greatest cutter."

praise argentine president

Trump and Musk praised Argentina's liberal president Javier Milei. Musk and Milei met several times in the United States.

Inflation "completely destroys" people's lives, prices must be lowered

Trump also reiterated his assertion that he gets along well with Russian leader Vladimir Putin. When talking about inflation, Trump said, "People are completely destroyed by inflation" and "We have to bring prices down." "I don't think we should denigrate the oil and gas industry," Musk said when talking about the oil and gas industry. He said the economy depends on these energy sources. But he did say he wanted the U.S. to move toward a "more sustainable economy" because of environmental pollution.

Musk calls for votes for Trump

In addition to some other policy issues, Musk ended the interview by looking back on his own political history. "I didn't care much about politics before," Musk said. He described himself as a moderate and said similar listeners should vote for Trump.

Trump and Musk X Space Interview_MAGA coin, the abbreviation of Trumps slogan, with a 16% increase within 24 hours_Trump Musk Cryptocurrency

TRUMP and MEGA have increased significantly, and a number of political meme tokens have opened positions

As of 11:30 a.m. on August 13, MAGA (TRUMP) rose 3.97% in 24 hours, MAGA (MAGA) rose 8.21% in 24 hours, and Super Trump Coin (STRUMP) rose 6.65% in 24 hours.

Compared to these political meme tokens that have been established for some time, as of 9:20 a.m. on August 13, there are these Trump and Musk meme tokens with "crazy" positions on Solana:

@realDonaldTrump (RDT)

Trump and Musk hours_Trump and Musk X Space interview_Trump Musk cryptocurrency

Established time: 23:47 (August 12)

Number of transactions: 49426

Transaction volume: $8.9 million

Market cap: $981,000

24H increase: 2,080%

GROK 2 (GROK2)

MAGA coin, the abbreviation of Trumps slogan, with a 16% increase within 24 hours_Trump and Musk X Space interview_Trump Musk cryptocurrency

Established: August 12

Number of transactions: 903,096

Transaction volume: $14.4 million

Market cap: $1.5 million

24H increase: 106%

YEAH (Yeah)

MAGA coin, the abbreviation of Trumps slogan, with a 16% increase within 24 hours_Trump and Musk X Space interview_Trump Musk cryptocurrency

Established: 8:56

Number of transactions: 21762

Transaction volume: $907,000

Market cap: $751,000

24H increase: 1027%

New World Order (NWO)

Established: 8:43

Number of transactions: 33229

Transaction volume: $465,000

Market value: $27,000

24H increase: -56.14%

Dark Space (DSPACE)

Established: 7:37

Number of transactions: 57076

Transaction volume: $2.3 million

Market cap: $7,800

24H increase: -89.27%

Judging from the performance of these meme tokens, the rise and fall fluctuate greatly. Usually, they are prone to sharp declines after the popularity of the meme subsides. Users need to DYOR.

On Monday, Trump "returned" to X and published multiple posts on X, including a campaign video, which also partially drove the rise of related meme tokens. As of press time, Trump’s probability of winning on the prediction market Polymarket was 46%, lower than Harris’s 52%.

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