Elon Musk provoked an increase in the rate of Trump's MAGA cryptocurrency

The MAGA meme token (TRUMP), dedicated to former US President Donald Trump, has risen in price, most likely thanks to billionaire Elon Musk.

On July 20, Musk wrote on social network X, banned in Russia: “Let’s return America to its former greatness” [abbreviated as MAGA]. Elon attached a picture to the message showing people with different IQs, including both smart and stupid Trump supporters.

After Elon left the message, the MAGA rate went up and by the morning of July 21st it increased by 8%. However, the upward trend that emerged on Saturday cannot be compared in strength to the bullish trend that started after the assassination attempt on Donald. An unsuccessful attempt to assassinate a politician caused a 53% jump in the price of the TRUMP token.

Growth of the MAGA cryptocurrency rate over the past 24 hours