Elon Musk followed the @PsyopAnime X account and the Solana-based meme token shot from $1 million to $17 million market cap in under an hour. The token peaked above $26 million before pulling back.
On-chain data shows traders made serious money on the move. One trader invested $1,653.44 three days ago and now holds $220,100 worth of the token. That’s a 130x return. Another buyer got in at $466 and is sitting on $180,400 in unrealized gains.
What Is PsyopAnime?
PsyopAnime began as an X account and grew into a creative collective that produces AI-generated satirical anime shorts. The project built a following through its content before launching a token on Solana.
The token currently trades at $0.01504 with $15.05 million market cap.
Crypto Community Reacts
The Musk follow sparked immediate reactions across crypto Twitter. Ben Crypto posted about the rally:
“I’m digging this $PsyopAnime run. $1M to $17M mc today due to Elon following the @PsyopAnime X account. If Elon were to actually engage with their tweets going forward… That would pump the entire meme coin sector.”
Musk has moved meme coin markets before. His posts have triggered major price swings in Dogecoin and other tokens over the years.
What Traders Are Watching Now
The big question is whether Musk engages further. A follow is one thing. A reply or retweet could send the token much higher.
That said, meme tokens like PsyopAnime carry real risks. These assets can deliver big returns, but they also come with high volatility and little regulatory clarity.
For now, traders are watching Musk’s next move.
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