Musk's blue laser eye sticker that he changed today helped the meme coin $DMAGA derived from Trump surge by more than 15,548%. Here is the context for you.
Tesla founder Elon Musk, who recently publicly announced his support for Trump's re-election as US president, changed his X profile picture to a dark red meme with the American flag as the background and blue "laser eyes" flashing in his eyes in the early hours of today (22nd), which attracted global attention and even became a hot search on China's Weibo.
In this regard, the well-known Chinese crypto KOL "0xSun" posted a message this morning pointing out that Musk's profile picture is the main reason behind the surge in Solana ecosystem meme coin $DMAGA today.
Dark Meme Coin $DMAGA Selected by Musk
0xSun explained that Musk’s latest profile picture was made for him by community members of @DarkMagaCoin. Musk just happened to choose this picture from the comment section and changed it to his profile picture today. “It’s a dream come true.”
0xSun also expressed his regret for missing the prime time to get on board $DMAGA due to illness, and analyzed his optimism about the narrative of this meme coin.
The narrative of this coin is at the same level as $Fight and $Miggles, and most importantly, this narrative has a directly associated token, which is stronger than the latter two, because there is a mapping process from events to related Meme coins, and the $DMAGA token and events are strongly correlated.
[Musk’s profile picture was replaced with a picture of $DMAGA] This incident actually took a long time to develop. It was trading sideways around 5M for two hours from 3:30 a.m. to 5:30 a.m., until another important member of the community @koreanjewcrypto posted a message explaining the whole story. Then it started to develop slowly. There was actually plenty of time to get on board. If I had been awake, I could have earned at least 100,000 U. Unfortunately, there is no if.
$DMAGA surged more than 155 times
Dexscreener data shows that $DMAGA has soared from a low of $0.0005325 to a high of $0.08333 since yesterday, with a surge of more than 15,548% during the period. At the time of writing, it is temporarily reported at $0.06979, with a trading volume exceeding $42.5 million. The increase in the past 24 hours is as high as 10,058%, making it one of the meme coins with the largest increase today.
Other meme coins created based on concepts such as Dark Musk and Dark Elon have seen relatively small increases, such as $DARKELON, which has increased by about 1633% in the past 24 hours, and $LASER, which has increased by about 1452%.
Messari founder also changed his profile picture to blue laser eyes
0xSun predicts that the topic of Musk’s new laser eye photo sticker will continue to spread, and the future of DMAGA is worth paying attention to.
From an emotional point of view, Musk, the world's richest man who is closely related to the cryptocurrency circle, changed his laser eye avatar, which is very exciting as the market rebounded recently. Moreover, the American flag and red main color of this avatar are also in line with the recent hot event of the US election, expressing Musk's support for Trump, so this is a news that is likely to go viral.
In terms of spreadability, many big Vs have already changed their photos to similar red tones + blue laser eyes, including Messari founder Ryan Selkis (@twobitidiot), traders @Bluntz_Capital, @wsbmod, @wallstreetbets, etc. This will definitely become a continuous topic during this period.
However, 0xSun also reminded that since DMAGA is a short-term surge, the front-row positions are very terrifying and the profit-taking is also large, so the height it can eventually reach depends largely on the pattern of the front row and the project party.
From a narrative perspective, I think it is close to perfect. I currently only have a position of tens of thousands of U, which is far from enough, but this narrative is so attractive that I have to write a tweet to introduce it.
