AMERICA (America Party) fell 82.42% in 24 hours

Gate News Bot news, on July 22, according to CoinMarketCap data, AMERICA (America Party) is currently priced at 0.00033 USD, with a fall of 82.42% in the last 24 hours, reaching a high of 24.22 USD and a low of 0.000041 USD, with a 24-hour volume of 4.1 million USD. Current market capitalization data is not available.

AMERICA is a blockchain-based project with the token symbol $AMERICA and a contract address of 0x8D35B66a5bBA0C3Faf75AAA1F928BcdB2a6E1a51. The project offers Twitter and Telegram social media channels for users to follow and communicate.

AMERICA recent important news:

1️⃣ Elon Musk announces that the America Party will embrace Bitcoin Tesla CEO Elon Musk recently confirmed that the newly established America Party will fully embrace Bitcoin. Musk emphasized that in the unfavorable outlook for fiat currency, Bitcoin as a decentralized digital asset will play an important role. This statement may have increased the attention on the AME token, but it has also raised questions in the market about its positioning.

2️⃣ U.S. Congress passes "Invest in America Act" The U.S. Congress recently passed the "Invest in America Act," aimed at promoting domestic infrastructure construction and economic development. This act may indirectly affect the cryptocurrency industry, especially concerning the application of blockchain technology in infrastructure. This policy trend may have implications for the long-term development prospects of the AMERICA project.

3️⃣ Decentralized infrastructure boosts U.S. AI competitiveness Experts point out that decentralized infrastructure will help enhance the competitiveness of the United States in the field of artificial intelligence. This viewpoint may boost market confidence in blockchain technology-based projects, but whether AMERICA can benefit from this still requires further observation.

From a technical perspective, the price of AMERICA has experienced extreme volatility in the short term, quickly falling from a high of $24.22 to $0.00033, a decline of over 82%. This extreme market situation may reflect uncertainty in the market regarding the project, and it is advisable for investors to closely monitor the subsequent actions of the project team and market reactions.

This message does not constitute investment advice, and investors should be aware of the risks of market fluctuations.