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🚨 DONALD TRUMP MEMECOIN SPIKES 52% FOLLOWING ASSASSINATION ATTEMPT 🚨
The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged by over 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania.
🔫 Details of the Incident 🔫
The Ethereum-based MAGA memecoin saw an immediate price spike from $6.31 to $10.36, with its market capitalization jumping from $293 million to $469 million in less than 45 minutes, according to DexScreener data. This surge in price came immediately after the news of the assassination attempt broke out.
The incident occurred on July 13 during a rally when several shots were fired from an unknown direction. Trump clutched his ear as the shots rang out, dropping to the ground as US Secret Service agents rushed to protect him. Despite the chaos, Trump managed to raise his fist and shout towards the crowd while being escorted off the stage.
📈 Impact on Trump-Themed Memecoins 📈
The MAGA memecoin wasn’t the only one to benefit from the news. Several other Trump-themed memecoins experienced significant rallies:
Tremp (TREMP): This Solana-based memecoin jumped more than 63% within the hour following the incident.
MAGA Hat (MAGA): Another memecoin dubbed MAGA Hat spiked 21% in the same timeframe.
These rallies highlight the speculative nature of memecoins and how external events, especially involving high-profile figures, can dramatically influence their market performance.
Lesson: Don't snipe presidents, snipe quick market movements based off real-life events.
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more!
#maga a #trump #donaldtrump #trumpshooting #memecoins
$btc $eth $BNB
The price of the largest Donald Trump memecoin, MAGA (TRUMP), surged by over 30% following an assassination attempt on the former United States president while he was speaking on stage at a rally in Butler, Pennsylvania.
🔫 Details of the Incident 🔫
The Ethereum-based MAGA memecoin saw an immediate price spike from $6.31 to $10.36, with its market capitalization jumping from $293 million to $469 million in less than 45 minutes, according to DexScreener data. This surge in price came immediately after the news of the assassination attempt broke out.
The incident occurred on July 13 during a rally when several shots were fired from an unknown direction. Trump clutched his ear as the shots rang out, dropping to the ground as US Secret Service agents rushed to protect him. Despite the chaos, Trump managed to raise his fist and shout towards the crowd while being escorted off the stage.
📈 Impact on Trump-Themed Memecoins 📈
The MAGA memecoin wasn’t the only one to benefit from the news. Several other Trump-themed memecoins experienced significant rallies:
Tremp (TREMP): This Solana-based memecoin jumped more than 63% within the hour following the incident.
MAGA Hat (MAGA): Another memecoin dubbed MAGA Hat spiked 21% in the same timeframe.
These rallies highlight the speculative nature of memecoins and how external events, especially involving high-profile figures, can dramatically influence their market performance.
Lesson: Don't snipe presidents, snipe quick market movements based off real-life events.
Follow @Professor Mende - Founder of BONUZ Project - in Dubai UAE for more!
#maga a #trump #donaldtrump #trumpshooting #memecoins
$btc $eth $BNB
Pr.Trump and bullish waves!
Dear followers, after long bearish days crypto markets prove that it’s still alive! $BTC BTC jumped above 61k and most cryptos are green… But 1 story moved the market upside down and its all about the failure of assassination attempt by a criminal who wanted to kill ex US president Donald Trump! This president is known to support crypto revolution and staying alive was a miracle that moved the markets up!
I wish all the best to all candidates and may the best win!
Meanwhile the huge moves were happening in Web3 cryptos related to trump like TRUMP and MAGA coins flying high… $BTC
Earlier i supported Peipei coin which is the chineese copy of PEPE$PEPE also available on web3.
Big moves are there so grab some💰💣🔥✈️🥂💥
#writetoearn #TrumpCryptoSupport #maga #web3_binance
Dear followers, after long bearish days crypto markets prove that it’s still alive! $BTC BTC jumped above 61k and most cryptos are green… But 1 story moved the market upside down and its all about the failure of assassination attempt by a criminal who wanted to kill ex US president Donald Trump! This president is known to support crypto revolution and staying alive was a miracle that moved the markets up!
I wish all the best to all candidates and may the best win!
Meanwhile the huge moves were happening in Web3 cryptos related to trump like TRUMP and MAGA coins flying high… $BTC
Earlier i supported Peipei coin which is the chineese copy of PEPE$PEPE also available on web3.
Big moves are there so grab some💰💣🔥✈️🥂💥
#writetoearn #TrumpCryptoSupport #maga #web3_binance
Donald Trump-Inspired Meme Coins Skyrocket Over 500,000% Following Pro-Crypto Moves
#donaldtrump #maga #Election2024
Former US President Donald Trump recently made headlines due to his bold political moves, particularly his continuous support for the crypto industry.
This support sparked a surge in meme coins inspired by him, leading to fantastic gains in the market.
#meme_coin Inspired by Trump See Massive Gains
MAGA (MAGA), a meme coin inspired by Trump’s campaign slogan “Make America Great Again,” increased by approximately 162% in the last 24 hours. DEX Screener data reveals it is now trading at $0.0006501.
The on-chain tracker platform Lookonchain reported that a crypto trader made $2.7 million in just three days by trading MAGA. They achieved a return on investment (ROI) of 505%.
The trader initially spent $537,500 to buy 6 billion MAGA on May 24 and 25, then sold 1.5 billion MAGA for 744,000 USDT to take profits. Currently, the trader holds 4.5 billion MAGA, valued at $2.51 million.
Additionally, MAGA’s spinoff on the Solana network recorded an extraordinary increase of 534,000% over the same period. At the time of writing, it is trading at $0.1811 with a market capitalization of $8.5 million.
A notable increase in these meme coins might be attributed to Trump’s latest political move. As BeInCrypto reported earlier this weekend, Trump made several pro-crypto statements before the upcoming election. He strongly supported the crypto industry, emphasizing that the US must strive to be a global leader in this growing sector.
“I will ensure that the future of crypto and Bitcoin will be made in the #usa . I will support the right to self-custody to the nation’s 50 million crypto holders,” he stated.
Remarkably, the former US president also pledged to pardon Ross Ulbricht, the operator of Silk Road, if re-elected. Trump promised to commute Ulbricht’s sentence to time served on his first day in office.
For the past months, Trump has been making crypto-focused political campaigns, such as hosting an exclusive dinner with the non-fungible token (NFT) community. Moreover, Trump has accepted cryptocurrency campaign donations, including Bitcoin (BTC).
Trump’s political shift is particularly noteworthy, given that he was a crypto skeptic during his prior presidency. Many believe that Trump aims to take advantage of President Joe Biden’s administration’s tougher actions toward the crypto industry. A recent survey from investment firm Paradigm reveals that 48% of crypto owners plan to vote for Trump, 39% for Biden, and 13% undecided.
“Notably, among crypto owners, 43% recall voting for President Biden in 2020 and just 39% of crypto voters recall voting for former President Trump that year. So it appears some of the voters President Biden is now losing to Trump are owners of crypto, possibly because of actions taken by some agencies in the Biden Administration,” the report reads.
Article is just for education purposes.
Thanks
Former US President Donald Trump recently made headlines due to his bold political moves, particularly his continuous support for the crypto industry.
This support sparked a surge in meme coins inspired by him, leading to fantastic gains in the market.
#meme_coin Inspired by Trump See Massive Gains
MAGA (MAGA), a meme coin inspired by Trump’s campaign slogan “Make America Great Again,” increased by approximately 162% in the last 24 hours. DEX Screener data reveals it is now trading at $0.0006501.
The on-chain tracker platform Lookonchain reported that a crypto trader made $2.7 million in just three days by trading MAGA. They achieved a return on investment (ROI) of 505%.
The trader initially spent $537,500 to buy 6 billion MAGA on May 24 and 25, then sold 1.5 billion MAGA for 744,000 USDT to take profits. Currently, the trader holds 4.5 billion MAGA, valued at $2.51 million.
Additionally, MAGA’s spinoff on the Solana network recorded an extraordinary increase of 534,000% over the same period. At the time of writing, it is trading at $0.1811 with a market capitalization of $8.5 million.
A notable increase in these meme coins might be attributed to Trump’s latest political move. As BeInCrypto reported earlier this weekend, Trump made several pro-crypto statements before the upcoming election. He strongly supported the crypto industry, emphasizing that the US must strive to be a global leader in this growing sector.
“I will ensure that the future of crypto and Bitcoin will be made in the #usa . I will support the right to self-custody to the nation’s 50 million crypto holders,” he stated.
Remarkably, the former US president also pledged to pardon Ross Ulbricht, the operator of Silk Road, if re-elected. Trump promised to commute Ulbricht’s sentence to time served on his first day in office.
For the past months, Trump has been making crypto-focused political campaigns, such as hosting an exclusive dinner with the non-fungible token (NFT) community. Moreover, Trump has accepted cryptocurrency campaign donations, including Bitcoin (BTC).
Trump’s political shift is particularly noteworthy, given that he was a crypto skeptic during his prior presidency. Many believe that Trump aims to take advantage of President Joe Biden’s administration’s tougher actions toward the crypto industry. A recent survey from investment firm Paradigm reveals that 48% of crypto owners plan to vote for Trump, 39% for Biden, and 13% undecided.
“Notably, among crypto owners, 43% recall voting for President Biden in 2020 and just 39% of crypto voters recall voting for former President Trump that year. So it appears some of the voters President Biden is now losing to Trump are owners of crypto, possibly because of actions taken by some agencies in the Biden Administration,” the report reads.
Article is just for education purposes.
Thanks
