#ElonMusk 's space technology company #SpaceX has seen a 5824 percent increase in a token.

Following SpaceX's recent Starship test launch, many cryptocurrencies named SPACEX have seen a sharp increase. A token named SPACEX on PancakeSwap has attracted attention by increasing by 5824 percent in just 24 hours. The token's market value is currently at $80,800 and is trading at $0.012192.

So what is the latest status of these tokens that have shaken the market with their short-term increase?

SPACEX has taken off in every sense!

The prices of cryptocurrencies named SpaceX and StarShip have increased since the launch of the company's latest mega rocket, Starship, on October 14. Starship completed its test flight on October 13.

According to CoinMarketCap data, the price of the PancakeSwap-listed token has increased by 5824 percent in the last 24 hours of trading.

Another token on Solana, which shares the same name, has performed 216 percent in the last 24 hours, as reported by CoinMarketCap.

The token has since fallen significantly, losing 80 percent in value in a short period of time. In terms of market value, it has fallen to $16,000. The tokens that have fallen since the news has worn off have disappointed some memecoin hunters.

According to CoinGecko, the price of an NFT game token that shares the same name as the company’s recently launched megarocket StarShip has increased by 0.9 percent since the launch. StarShip has a market value of $404,251 and is currently priced at $0.0215.

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