MAGA VP $MVP Trending on DexTools, $15M Market Cap in $SHIB Whale Buying

MAGA VP is part of the ecosystem from MAGA TRUMP, which has established a relationship with the future Vice President of the United States.

The token serves as a new symbol of the PolitiFi narrative, representing the idea that every president needs a Vice President. It is an Ethereum-based meme reward token designed to support presidential candidate Donald Trump and his choice of Vice Presidential candidate in the 2024 election.

The market cap of the token has increased recently. As of May 13, the market cap reached $15 million, up 44.47% in 24 hours. MAGA VP is currently popular on DEXTools, a DeFi application that shows real-time market movements. This achievement may be attributed to the MVP's surge of 182% in the past 7 days, the transparency provided by the dApp, and the TRUMP rewards.

The MAGA VP token has distributed more than $120,000 in TRUMP rewards and has been expanded on Solana, BNB, and BASE chains. MAGA VP charges a 2% token tax on each transaction, of which 1% is used to provide TRUMP rewards to MVP holders. To keep the token price stable and avoid volatility, the system contributes 0.25% to the liquidity pool of TRUMP and MAGA VP.

Considering that the token is currently priced at $0.329, up 1010.04% from its all-time low in March 2024, analysts hold hopes for further growth in the token. MAGA VP even outperformed all memecoins, including DOGE, which is priced at $0.1445. Moreover, BONK, priced at $0.00002342, could not compete with the bullish trend of MAGA VP.

What is remarkable about MAGA VP is its loyalty to Donald Trump, regardless of its status as a meme token. After Trump announced his support for cryptocurrencies at his home in Florida, investor confidence soared, and the token price rose by 134.95% in a week. MAGA VP is now listed on 12 CEXs, including Bitmart, XT.com, and LBank.

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