On Tuesday (July 9), Trump meme coin MAGA (TRUMP) rose more than 5% in the short term, approaching the $6 mark. The Republican Party of the United States passed and published the 2024 party platform, which focused on ending the US government's suppression of cryptocurrencies, opposing central bank digital currencies (CBDCs), and defending the rights of Bitcoin and cryptocurrency mining, self-custody and trading freedom.

The Republican National Convention Party Platform Committee Group internally passed and published the 2024 party platform draft, with Trump's "Make America Great Again" (MAGA) campaign slogan as the main axis, which sparked heated discussions in the crypto community.

In the support for innovation section of Chapter 3 "Building the Greatest Economy in American History", cryptocurrencies, artificial intelligence (AI), and space are listed as the three key supported industries.

This shows that Trump and the Republican Party have changed their attitudes in the latest policy direction and have begun to pay more attention to cryptocurrencies.