TESLA Token Soars 500x in a Day Amid Meme Coin Frenzy, Eco Bitcoin ICO Secures $1.5M
As Apple announces the cancellation of the Apple Car project, Solana meme coin traders have become bullish on a new TESLA token, with excitement in the crypto market fuelling a 500x pump for TESLA price in less than a day.
This article will provide an analysis of TESLA’s current price trends and look to see whether a newer project, Green Bitcoin, represents a more promising investment opportunity at this time.
Indeed, price action was bolstered by further positive sentiment stemming from Elon Musk’s recent update on the Tesla Roadster, which has been teased as a Space X collaboration project promising a next-generation car.
Tonight, we radically increased the design goals for the new Tesla Roadster.
There will never be another car like this, if you could even call it a car.
— Elon Musk (@elonmusk) February 28, 2024
With Apple giving up on its long-standing car ambitions, alongside so much good news and hype for Tesla, it seems obvious that the Musk-inspired TESLA token was the perfect recipe for a successful skyrocket amidst the hive of activity on Solana meme coin markets.
Recovery is on the cards as price action grinds up once more, leaving TESLA trading at a current market price of $0.000306 (representing a 24-hour change of 14,200%).
Launched at just 10:00 AM (UTC) on March 3, TESLA token was swept up in a flood of almost instant traction on Solana meme coin markets, with eagle-eyed traders instantly zeroing in on the high-octane potential of Musk-themed tokens.
A surge of $118k in trading volume gave legs to an impressive 15,000% increase across 17-hours, with TESLA token stalling out at an all-time high around $0.004.
The climb saw a lower support zone established between $0.0018 and $0.0025, in a critical stop-off that has
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