Trump and Musk chat about policies for 2 hours at X Space, and a bunch of political meme tokens such as MEME are used to build a position.

Author: Weilin, PANews

At 8:40 a.m. on August 13th, the long-awaited X Space interview with Trump and Musk officially began. The interview was scheduled to start at 8 o’clock, but initially users were unable to access it. Musk said they were ‘hit by a large-scale network attack’, causing a latency of about 40 minutes.

BTC or Cryptocurrency was not mentioned in this interview without a script. Real-time data shows that over 1.3 million people have listened to the chat content on platform X. Prior to this interview, users bet on the possibility of the word ‘Cryptocurrency’ being mentioned during the interview on Polymarket, with a total bet of over $600,000 and a 65% probability.

However, before and during the dialogue between the two parties, in addition to the significant increase in the original political meme tokens such as MAGA and TRUMP, there were also a large number of meme tokens that experienced significant fluctuations in prices, such as Build a Position, Yeah, New World Order, Dark Space, etc.

What did Trump and Musk talk about?

Attempted shooting incident

Trump said he “believes even more” in God after surviving the assassination attempt. Musk has been trying to get Trump to criticize the Secret Service’s failure after praising the sniper who killed his potential shooter, but interestingly, Trump mainly praises them.

Immigration Policy

About 20 minutes later, Trump finally mentioned his Democratic rival Kamala Harris, attacking her and current President Biden, accusing his immigration policies of being lax and allowing undocumented immigrants to cross the US-Mexico border.

Praise Musk and TSL

Before that, Trump had been critical of electric cars, but he praised Musk and TSL, calling his products “incredible”. Trump also praised Musk’s intelligence, saying “Your mind is definitely rich. You and I can talk about rockets, tunnels, and electric cars,” referring to the many business investments of Musk.

Musk says he will play a role in cutting federal spending in government

This shows Musk is increasingly involved in US politics. Musk called for the establishment of a government committee to ensure the effective use of taxpayer funds and volunteered for a key position on the committee. Musk said, ‘I would be happy to contribute to such a committee - if it is established, I would be very happy.’ Trump praised the idea, calling Musk the ‘greatest cutter’.

Praise the President of Argentina

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

Inflation has ‘completely destroyed’ people’s lives and the price must drop

Trump also reiterated his claim to get along well with Russian leader Putin. When discussing the issue of Inflation, Trump said, “People are being completely destroyed by Inflation,” “We must bring the prices down.” When talking about the oil and gas industry, Musk said, “I don’t think we should vilify the oil and gas industry.” He said the economy relies on these energy sources. But he did express a hope for the U.S. to transition to a “more sustainable economy” due to environmental pollution.

Musk calls for voting for Trump

In addition to some other policy issues, Musk ended the interview by reviewing his political career. “I used to not care much about politics,” Musk said. He described himself as a moderate and suggested similar listeners should vote for Trump.

TRUMP, MEGA have significant gains, a batch of political meme tokens build a position

As of 11:30 a.m. on August 13, MAGA (TRUMP) 24-hour pump 3.97%, MAGA (MAGA) 24-hour pump 8.21%, Super Trump Coin (STRUMP) 24-hour pump 6.65%.

Compared to these established political memeToken, as of 9:20 a.m. on August 13th, there are these ‘crazy’ memeToken of Trump and Musk on Solana Build a Position:

@realDonaldTrump (RDT)

Established time: 23:47 (August 12)

Number of transactions: 49426

volume: $8.9 million

Market Cap: $981,000

24H Increase: 2,080%

GROK 2(GROK2)

Established on: August 12th

Number of Trades: 903,096

volume: 14.4 million dollars

Market Cap: $1.5 million

24H increase: 106%

YEAH(Yeah)

Established time: 8:56

Number of transactions: 21762

volume: $907,000

Market Cap: $751,000

24H increase: 1027%

New World Order (NWO)

Established time: 8:43

Number of Trades: 33229

volume: $465,000

Market Cap: $27,000

24H increase/decrease: -56.14%

Dark Space (DSPACE)

Established time: 7:37 Number of transactions: 57076 volume: $2.3 million Market Cap: $7800 24H Change:-89.27%

From the performance of these MEME Tokens, the fluctuation is relatively large, usually experiencing a significant decline after the heat of the ‘meme’ subsides, and users need to DYOR.

On Monday, Trump “returned” to X and posted multiple posts on X, including a campaign video, which partially drove the pump of related memeToken. As of the time of publication, Trump’s chances of winning in the prediction market Polymarket are 46%, lower than Harris’s 52%.