Elon Musk’s New PAC Sparks Memecoin Surge – BlockBeats News Update 10/16

Title: Elon Musk’s New PAC Organisation Sparks 309% Surge in Meme Token

Elon Musk, the tech entrepreneur, has recently established a new organization called PAC, which focuses on experimentation and centrist values. In a surprising turn of events, the meme token named PAC on the Ethereum chain experienced a 309% surge in value within a 24-hour period.

This is not the first time Musk has created a stir in the cryptocurrency world. On October 6th, he changed his personal signature and established the new organization PAC. As a result, the meme token PAC skyrocketed by an astounding 25,900% on the same day. The sudden rise in the value of the PAC meme token has captured the attention of the cryptocurrency community, as it demonstrates the influence that high-profile figures like Elon Musk can have on the market.

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