The post PoliFi Surge: Trump Token Mints New Millionaires appeared first on Coinpedia Fintech News
The new PoliFi crypto sector, where politics, finance, and crypto converge, has minted new millionaires following a surge in a token-themed after Donald Trump. According to an on-chain data provider, the Trump token has significantly increased over the past few weeks. While the Trump token has no direct connection to the former US President, traders use it as speculative bets in his ongoing presidential campaign. Trump MAGA (TRUMP) token has risen nearly 75% in the past two weeks, including a 14% surge on Tuesday after Trump’s campaign announced it would accept crypto donations. Some holders of the MAGA meme-coin, the first in the new PoliFi category, have seen returns exceeding 1600%.