SpaceX crypto copycats skyrockets 5824% after Starship test launch

SpaceX crypto imitators experience a meteoric surge of 5824% following the successful test launch of SpaceX’s Starship. Despite lacking any affiliation with Elon Musk’s space technology company, these copycat tokens witnessed a significant increase in value across various platforms. One such token, SPACEX, powered by PancakeSwap, saw its price skyrocket by 5824% in the past 24 hours, with a market cap of $80,800 and a selling price of $0.012192. Another token called SpaceX, powered by Solana (SOL), surged 216% before experiencing a slight dip to 84.56% within the same timeframe. This token currently holds a market cap of $16,400. An NFT-game token named StarShip also briefly saw a 0.9% price increase following SpaceX’s launch, reaching a market cap of $404,251. CoinMarketCap reported the creation of another token dedicated to the Starship on the Ethereum (ETH) blockchain, but no information regarding its price fluctuations is available. The Starship rocket, measuring 400-feet tall, successfully launched near the Mexican border and returned to the launch base with the aid of the “chopsticks” metal arms. Elon Musk, CEO and CTO of SpaceX, expressed satisfaction with the rocket’s condition and shared future plans for rapid reflight. Musk’s influence in the crypto sphere can be observed through his support of Dogecoin and his ability to cause double-digit gains for various cryptocurrencies with his posts. The surge in SpaceX copycat tokens reflects the public’s continued interest in space exploration and the impact of Elon Musk’s endeavors in the industry.