Date: Sunday, July 14, 2024, 03:40 AM GMT
In the cryptocurrency market we saw a surge in Trump-themed memecoins over the past 24 hours. This unexpected rally follows a shocking incident involving former US President Donald Trump.
On Saturday evening (US time), during an outdoor rally in Butler, Pennsylvania, Donald Trump was shot while delivering a speech. The former president was quickly escorted off the stage with visible blood on his ear and cheek. Despite the chaos, Trump was reported to be "safe," and later, in an account of the incident, he revealed, "I was shot with a bullet that pierced the upper part of my right ear," according to AFP.
The cryptocurrency community, known for its rapid responses to major news events, reacted swiftly. Trump's known support for Bitcoin seemed to have played a role in this positive reaction towards Trump-themed memecoins.
Source: Coinmarketcap
Trump (MAGA): This memecoin saw a significant jump of 28.55% in the last 24 hours, with its price reaching $8.07 and a market capitalization of $354 million.
Maga (MAGA): Similarly, the Maga (MAGA) memecoin spiked by 30.97%, with its price hitting $0.0002327 and a market capitalization of $90 million.
The incident and Trump's subsequent safety announcement have clearly resonated with his supporters and the broader crypto community, leading to these impressive gains.
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered financial or investment advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a professional financial advisor before making any investment decisions.