Donald Trump Found Guilty: Pump-Dump on Biden and Trump Meme Coins!
After former US President and current presidential candidate Donald Trump was found guilty in the case, there were great fluctuations in meme coins.
Donald Trump was found guilty of 34 counts of irregularity in business records in the trial held in Manhattan on May 30. The accusations in this regard included Donald Trump's lawyer, Michael Cohen, paying $130,000 to a person before the elections in 2016.
Trump's sentence will be determined in July this year and it is stated that he may face up to 4 years in prison.
Trump and Biden meme coins are on the move
With the bad judgment about Donald Trump, TRUMP's meme coin, MAGA, experienced a serious decline. During this period, the current president and presidential candidate Joe Biden's meme coin increased.
According to CoinGecko data, MAGA (TRUMP) experienced a withdrawal from $ 14.8 to $ 11.27 with the conclusion of the case. MAGA, which later hosted a sharp increase, reached $16.84 with an increase of nearly 50 percent.
Biden's meme coin, BODEN, first experienced an increase of 20%, but BODEN, which could not hold on at these levels, fell below its previous price and fell to $ 0.259.