Meme coins rally on the back of the failed assassination attempt on Donald Trump! DJT also surged, and Bitcoin topped $60,000 for the first time in weeks!
MAGA (Trump) is up over 50% in the last 24 hours. DOGE and SHIB are up 2% and 1% respectively, but Trump is still the best performer as things stand.
TrumpCoin (DJT), a meme coin allegedly created for Trump and his son Barron Martin Shkreli, has also increased by nearly 6% in the last twenty-four hours.
A number of new meme coins have also emerged inspired by the shooting. People on Twitter fueled rumors that Joe Biden was the one who ordered the attack on Trump, based on his comments a few days ago about putting him in a bullseye.
Biden, for his part, said he was glad Trump survived in his official statement. He said he was praying for him and everyone else affected by the incident.
Bets on Trump winning the election surged to 70% on Polymarket, while Biden's bets were 16%. Interestingly, the crypto community has found that last year, the shooter, Matthew Crooks, appeared in an ad for BlackRock.
BlackRock is a crypto-friendly company that launched its own spot Bitcoin ETF. BTC itself has risen by more than 2% since the shooting. It briefly touched the key resistance level of $60. At press time, it is valued at $59,709.