The value of the Dark MAGA (DMAGA) meme coin soared by over 316% after Elon Musk, wearing a black "Make America Great Again" hat, referenced the coin during his appearance at a Donald Trump rally in Butler, Pennsylvania. Musk, an ardent supporter of the crypto sector, described himself as "dark MAGA" and emphasized the importance of Trump winning the election. Dark MAGA is one of several satirical cryptocurrencies inspired by the Musk/Trump alliance. This comes as political polls show a tight race between Vice President Kamala Harris and Trump, with both candidates receiving support from prominent billionaires.



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