On July 13, Trump suffered an assassination attempt, and his approval rating and the price of related meme coins rose rapidly. $pepe led the rise, and $people, $TRUMP, $MAGA, etc. also rose sharply.
This incident unexpectedly improved Trump's reputation and indirectly benefited the crypto market. The prediction market Polymarket shows that Trump's probability of winning the 2024 US presidential election has risen to 70%, a record high, while Biden is only 16%.
Trump's connection with the crypto market:
- Interacting with the community that purchased his NFT;
- Accepting cryptocurrency campaign donations;
- Promising to support the development of cryptocurrency after being elected;
- Calling himself the "cryptocurrency president" and gaining support from industry celebrities.
This wave of gains is disturbing, and I have already taken some profits because I don't think it will break through so easily.
In addition to MEME, the#AIsector has experienced three waves of strong growth.
Led by $NVDA, it has risen more than 10 times, $fet has risen 30 times, $AITECH has risen 50 times, $CGPT has risen 20 times, and LayerAI has risen 10 times.
The next hot spot may be#socialfi("making money through virtual networks"), such as live broadcast related currencies $LPT, $ENS, $MASK and $friend.tech.
In any case, you must know how to be content and stop at the right time. For example,#AIhas risen too much, don't hold too high
