The MAGA (TRUMP) token, a meme coin linked to Donald Trump, saw a dramatic 16% drop following Trump's guilty verdict on 34 felony counts. The token's market cap lost over $130 million in a 20-minute window, but quickly bounced back, now only 1.5% away from its 24-hour peak. Other Trump-related tokens, Super Trump (STRUMP) and Baby Trump (BABYTRUMP), also dipped but didn't recover as swiftly. Meanwhile, the Biden-linked Jeo Boden (BODEN) memecoin rallied 6.4% before falling to $0.283. Despite the legal turmoil, blockchain prediction market Polymarket still shows a 54% win odds for Trump in the upcoming election.