Donald Trump-Inspired Meme Coins Skyrocket Over 500,000% Following Pro-Crypto Moves.

In Brief

MAGA, a Trump-inspired meme coin, spiked over 500,000% in the last 24 hours.

A crypto trader reportedly made $2.7 million trading MAGA in just three days.

Trump’s political actions and crypto support influenced the market significantly.

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.