😱🚨Assassination attempt on Donald Trump: How were cryptocurrencies affected?
Former #US President #DonaldTrump was assassinated during his speech in Pennsylvania. Cryptocurrencies that took action with this development attracted attention.
The price of Donald Trump-inspired MAGA (TRUMP) rose more than 30 percent after the former president was attacked while speaking at a rally. According to DexScreener data, the Ethereum-based MAGA memecoin (TRUMP) jumped from $6.31 to $10.36 immediately after the assassination attempt, and its total market cap increased from $293 million to $469 million in less than 45 minutes.
Prices of several other Trump-themed memecoins also increased following the news. Solana-based memecoin Tremp (#TREMP ) increased by over 63 percent in an hour following the news, while another memecoin called MAGA Hat (#MAGA ) experienced a 21 percent increase in the same time period.
Most of the crypto community supports Donald Trump
While Trump was speaking on stage at a rally in Butler, Pennsylvania, on July 13, several shots were fired into the crowd from an unknown direction. As security guards rushed to protect him, Trump grabbed his ear and fell to the ground as gunshots rang out.
Trump, who was taken off the stage by his bodyguards, told them to pause so as not to interfere with the crowd, and started shouting, raising his fist.
An official spokesman for Trump's campaign told the Associated Press that the former president was "fine" after the incident and was receiving medical treatment at a local facility.
“President Trump thanks law enforcement and first responders for their rapid response during this heinous act,” spokesman Steven Cheung said in a statement. "He is in stable condition and is being checked out at a local medical facility. More details to come."
Trump, who has recently stood out with his positive attitude towards Bitcoin, has received great support from crypto investors. Many posts supporting Trump were shared on social media platforms.
