Musk It Tokyo jumped to 544 % after Errol’s $ 200 million plan. Errol Musk plans to provide funds to the Musk Institute Project with the funds collected using Memecoin. The mask it is uncertain in the future that it lacks a clear road map.
MUSK IT (Muskit) TOKEN has risen 544 % within the past 24 hours, reaching the highest $ 0.07278 in history.
This rapid increase is hot on the heel of the announcement by Erol Mask, the father of the Technology Great Eron Musk, which reveals the ambition of raising $ 200 million through this MimeCoin for a new venture called the Mask Research Institute. Masu.
Musk It Token Price rebound
Musk IT TOKEN, which was first released by the Middle East in December 2024 by the Middle East cryptocurrency company, had previously struggled to get the attention of the market, and has gained more than 50 % of its value since its start.
However, the recent news of Errol Musk’s fundraising plan dramatically overturned its fate and pushed token prices from $ 0.0107 to $ 0.07278 per day.
This price is accompanied by a dollar transaction, which shows great interests in investors.
Musk Institute aims to be a profit tank that focuses on the engineering project, especially a project that can be “over Rockets”, as expected by Errol Musk.
Eroll Musk’s ambitious goal with Musk It Memecoin revealed chords with investors despite the lack of tokens.
The sharp increase in masking prices and transactions indicates that the market also responds not only to the name of the mask but also to the possibility of achieving a raised funding.
Be careful with the sudden increase in the price of the sudden maskit
However, the dramatic rise of this musk has been paid attention to its evaluation. The success of the token seems to be closely linked to Musuk’s surname, but it has a clear distinction. Elon Mask is not involved in this project.
In particular, in his history that influenced the price of Dogecoin, this lack of support from Elon, which is important in the world of cipher, will remain shadowed by the long -term sustainability of the token.
Anndy Lian, an expert in the government’s blockchain, has expressed skepticism on masks that reach the same height as the Memecoin supported by other celebrities without Elon’s direct approval printing.
The Memecoin market, famous for its volatility, often sees such dramatic fluctuations based on hype, not basic value.
The excitement around Musk reflects recent interest in other famous memorials related to the Trump family.
This trend suggests that investors are constantly seeing the next huge hit in Crypto, and we want to take advantage of the speculative properties of these tokens.
In the immediate future of Musuku, it looks promising with its new momentum, but the long -term outlook remains uncertain. Currently, the market capitalization has reached $ 63,922,516, but the transparency of the project has been scrutinized without detailed tokonomics or clear roadmaps.
Erol masks keep the project a distance from the “pump and dump” scheme, but the market history is full of cases where the first excitement is quickly abandoned.
