<ul data-eligibleForWebStory="false"><li>The America Party (AP) crypto token saw a 420% surge following Elon Musk's hint at creating a new political party, though he's not directly involved with the token.</li><li>Despite the market excitement, the AP token lacks clear documentation and essential details, leading to skepticism about its legitimacy as another potential memecoin pump-and-dump.</li><li>The memecoin sector experienced a significant rally, with AP token's price hitting $0.02772, a 24-hour trading volume surge of over 100%, and a market cap reaching around $30.53 million.</li><li>While the America Party token benefits from the Elon Musk branding, the lack of clarity and documentation raise concerns about its long-term viability, drawing parallels to past speculative crypto cycles.</li></ul>

AP Token Price Explodes as Elon Musk Unveils America Party Plans

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