Elon Musk’s Trump Rally Speech Earns Crypto Investor $113K Profit
A cryptocurrency investor turned a $360,000 investment into a staggering $113,000 profit in just 17 hours following Elon Musk’s recent speech at a Trump rally in Butler, Pennsylvania.
Musk’s endorsement of Trump at the event not only electrified supporters but also sent shockwaves through the cryptocurrency market. The investor capitalized on the momentum by purchasing 2.449 billion MAGA tokens and 18,364 TRUMP tokens at the start of the speech.
Following Musk’s comments, the prices of both tokens rose dramatically. TRUMP jumped from $3 to $4.19, marking a 30% increase in 24 hours. Meanwhile, MAGA tokens surged by 36%, highlighting the strong market reaction to Musk’s endorsement.
Key Metrics:
TRUMP Token:
- Current Price: $4.08
- 24h Change: +30%
- Market Cap: $179M
MAGA Token:
- Current Price: $0.0001496
- 24h Change: +36%
- Market Cap: $58M
