Trump was once again suspected of being assassinated, but this time, the prices of several zz meme coins linked to him plummeted. Remember that after he was attacked last time, the Solana meme coin TREMP rose by 71%, and TRUMP and MAGA also rose by 39% and 33% respectively. But what about this time? TREMP fell by 5%, TRUMP fell by 19%, and MAGA was better, falling only 1%. This trend makes people wonder whether these meme coins are really so closely related to news events.
An anonymous trader in the community said: "This should have attracted a rush of buyers, but what happened? No one was interested." He felt that this was due to a general decline in people's interest in these meme coins.
You see, a token like "Fight for MAGA" created because of the last assassination incident rose by 13%. But this time, another token called "Pepe Trump" fell by nearly 18%. This shows that people's reactions to such events are no longer so consistent.
To put it bluntly, meme coins may have some appeal during election season, but once the election is over, no one will pay attention to them. Traders call these "event coins," meaning that the closer to an event, the greater the price movement. For example, the anniversary of 9/11 is also like this.
The anonymous trader also said: "Once people find that the price has not risen due to the event, they will sell it impatiently." He said that this kind of coin is always like this, and it will cool down once the heat is over.
Moreover, he also said that those big meme coins are full of "big whales" who want to withdraw. The election is coming soon, and they want to find an opportunity to cash out. Therefore, this assassination incident has become a good opportunity for them to pass on the blame.
Besides, this assassination attempt was not as shocking as the last one, which was broadcast live on TV, had photos all over the world, and even crypto games on Telegram went viral. This time? Not so sensational.
The trader also explained: “The last assassination was so sudden and so popular that the related meme coins made a fortune. But you can’t expect this to happen again.”
Even on the cryptocurrency prediction market Polymarket, Trump's odds of defeating Harris have not changed. Harris is still slightly ahead, 50% to 49%, which is about the same as 24 hours ago. It seems that the impact of these political events on cryptocurrencies is becoming increasingly difficult to predict.
