🔥🚀Memecoin Surges Following Pro-Crypto Comments by Trump
Former President Donald Trump trolled President Joe Biden by insinuating that Biden is clueless about cryptocurrencies, stating that Biden would respond with "Crypto? What's crypto?" Trump further encouraged crypto enthusiasts to vote for him, suggesting, "If you like crypto, you better vote for Trump."
Following these remarks, memecoins linked to Trump's famous slogan "Make America Great Again" (MAGA), such as $MAGA and $TRUMP, experienced a significant surge in value, nearly doubling in price.
This event showcased the influence of presidential statements on the crypto market, leading to a rapid increase in MAGA-based memecoins.