The cryptocurrency market is known for its volatility, but it also attracts attention from time to time with various absurd events. This time, an early investor turned $135 into $1.2 million in a token that can be described as a memecoin.
TERMINUS Token Price Surge
According to Onchain data, the altcoin named First City in Mars (TERMINUS) increased its market value from $3.5 million to $35 million in two days. A lucky trader witnessed the TERMINUS tokens he purchased for $135 about 15 days ago increase by 9,000x, reaching a value of $1.2 million.
Connection with Elon Musk
Interestingly, this altcoin emerged after DogeDesigner, an account that Elon Musk frequently interacts with, announced that “the first city to be built on Mars will be called Terminus.” According to the X account in question, Elon Musk himself said this.
Uncertain Future of the Token
It is known that Elon Musk has a plan to build a city on Mars. However, considering that a significant portion of memecoins disappear after a while, the future of TERMINUS remains uncertain.
Thus, memecoins continue to attract attention with unusual success stories, although they remain a risky investment.
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