US Election Meme Coin Concept Faces Widespread Price Drop, TRUMP Plunges Over 54.94% in 24 Hours

BlockBeats News, November 7th, according to GMGN data, the U.S. election-themed Meme coins experienced a general decline, including:

TRUMP plunged over 54.94% in 24 hours, currently trading at $1.72, with a market cap of $79 million;

BODEN plunged over 36.4% in 24 hours, currently trading at $0.0029, with a market cap of $2 million;

MAGA plunged over 56.6% in 24 hours, currently trading at $0.000085, with a market cap of $35 million.

BlockBeats reminds users that Meme coins currently lack practical use cases, exhibit large price volatility, and investment should be approached with caution.