TREE NEWS reports: Elon Musk demonstrated Tesla’s Roadster 2 flying car in Texas on October 16, with production not due until 2028. The event triggered a wave of related meme coins, led by a Solana token trading around $0.0066 with a $6 million market cap and $31 million in 24-hour volume. Hyperliquid data showed TSLA on-chain contracts up 4.8% at about $377.8, with $158 million in 24-hour volume.
Tesla Roadster 2 Flying-Car Demo Sparks On-Chain Meme Coin Rush
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AI take
The reaction says less about the Roadster than about how reflexively crypto markets now price Musk-adjacent spectacle: a demo with production still years out generated a fresh Solana token and heavy turnover, while the more telling signal sits in the tokenized Tesla exposure, where on-chain contracts drew nine figures in volume on a modest move. That pairing — speculative meme issuance alongside genuine demand for tokenized equity — is the split worth watching. Whether the meme volume persists past the news cycle, and whether on-chain equity activity keeps outpacing it, is the open question.
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