With Trump reclaiming the White House, tech billionaire Elon Musk will almost certainly play a pivotal role in this upcoming administration. As the crypto market rallies on the news, one of the tokens that has benefited the most is Musk’s favorite crypto,

The billionaire Tesla CEO is in a stronger position to influence development of federal rules that would put more of the fully self-driving cars on the road.

Memecoins surged early Wednesday on the back of election results that showed former President Donald Trump in a strong position to gain a second term. In the lead-up to Election Day, memecoins and AI-related crypto tokens outperformed the overall crypto market.

T his election cycle, the crypto industry poured over $100 million into races across the country, hoping to assert crypto’s relevancy as a voter issue and usher pro-crypto candi