Trump Tokens MAGA- STRUMP- TRUMP Fall After Presidential Debate
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On Friday, the prices of Donald Trump tokens—MAGA, STRUMP, and TRUMP—dropped, despite Joe Biden’s chances of reelection becoming less likely.
The MAGA (TRUMP) token, which has a market cap of over $370 million, dropped by 1.5%. The MAGA Hat (MAGA) token fell by more than 30%, and the Super Trump (STRUMP) token decreased by 18%.
The same trend is seen in the stock market, where Trump Media & Technology (DJT) rose by just 3%, erasing most of its pre-market gains. This performance came after Joe Biden’s underwhelming showing in his first debate with Donald Trump.