MAGA

President Donald Trump

Donald Trump

<div class="insidebitcoins">
 The MAGA price soared 20% in the last 24 hours to trade at $8.28 as of 3:25 a.m. EST on an 86% surge in trading volume to $11.5 million.
 The surge in the MAGA price comes after former US President Donald Trump signaled openness to accepting cryptocurrency for campaign contributions. Trump spoke last week at an event for NFT buyers, where he voiced his backing for crypto donations.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 BREAKING: DONALD TRUMP IS FINE WITH CRYPTO pic.twitter.com/SCJDKdHQUB
 — Frank (33.3%) (@frankdegods) May 9, 2024
 </blockquote>
 
 <h2 id="span-style-font-weight-400-maga-price-on-a-bullish-trend-reversal-can-the-bulls-sustain-the-momentum-span">MAGA Price On A Bullish Trend Reversal: Can The Bulls Sustain The Momentum?</h2>
 The MAGA price is finally bouncing back after a prolonged slump and consolidation phase since hitting a peak of $12.93. It’s found solid support, giving the bulls a chance to regroup and kickstart a rally to make up for lost ground.&nbsp;
 The bullish reversal green candles surged from the $4.12 support level, fueling an upward momentum that pushed the price toward the resistance level seen on April 6.
 <img decoding="async" class="alignnone wp-image-520743 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201433%20612'%3E%3C/svg%3E" alt="MAGA Price" width="1433" height="612" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 1433w, https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 300w, https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 1024w, https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 768w" data-lazy-sizes="(max-width: 1433px) 100vw, 1433px" data-lazy-src="https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp">
 <noscript><img decoding="async" class="alignnone wp-image-520743 size-full" src="https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp" alt="MAGA Price" width="1433" height="612" srcset="https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 1433w, https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 300w, https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 1024w, https://cdn.thebittimes.com/images/2024/05/14/6d8f5e4e74f2e3ce0b60b1bb3ce99a78.webp 768w" sizes="(max-width: 1433px) 100vw, 1433px">
 </noscript>
 TRUMPUSDT <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>. Source: Tradingview.com
 The 50 simple moving average (SMA) trades below the price, immediately supporting the MAGA price. If the price continues the momentum, it could push the price above the 200 SMA, confirming the general momentum for the price.
 The Relative Strength Index (RSI) has consolidated, recently dropping to 42. However, it has shot upwards, bouncing back past the 50 midline level to the overbought zone at 72. Increased momentum should see the RSI climb further into the overbought zone.
 <h2 id="span-style-font-weight-400-maga-price-bulls-initiate-another-bull-rally-span">MAGA Price Bulls Initiate Another Bull Rally</h2>
 The MAGA price bulls seem ready for another upward surge. The recent green candle from the $4.12 support zone supports the current bull rally for MAGA. If the bulls sustain the momentum, they could increase the price, reclaiming its all-time high at $12.93 in the weeks ahead.
 However, the bulls must be cautious about a potential double-top pattern formation that may occur once they reclaim the 12.93 high. If this scenario unfolds, it could empower the bears to drive the price down, causing the bulls to retreat to the $6.61 support zone.
 <h2 id="span-style-font-weight-400-final-call-for-spongev2-span">Final Call For SpongeV2</h2>
 Even as the MAGA price surges, some investors are also focusing on the SpongeV2 meme coin, which is offering a last chance to buy before listing.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Who’s ready for the $SPONGE? 💦💛#SpongeV2 #CryptoCurrency #Alts pic.twitter.com/JtWn1QFF8a
 — $SPONGE (@spongeoneth) May 13, 2024
 </blockquote>
 
 Predecessor Sponge V1 soared 100x in a bear market last year, reaching a market cap of $100 million.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 GM, frens 🙏 🧽 $SPONGE pic.twitter.com/OZan7HMelt
 — $SPONGE (@spongeoneth) April 29, 2024
 </blockquote>
 
 <h2 id="span-style-font-weight-400-more-rewards-through-staking-and-p2e-span">More Rewards Through Staking And P2E&nbsp;</h2>
 If you missed the SpongeV1 surge, you can now buy SpongeV2, which offers more utility than its forerunner.
 SpongeV2 offers the generation of passive income via staking, with an annual yield of 163% on Ethereum and 337% on the Polygon network.
 A Play-to-Earn racing game is also being introduced that allows users to earn rewards in SPONGE. The game is available in both paid and free versions. In the paid version, SPONGE will be the in-game currency.&nbsp;
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Don't forget, #SPONGERS! 🧽💦#SpongeV2 is bringing exciting utility through our upcoming #P2E game! 🔥
 Get ready to earn $SPONGE tokens by playing the game and ranking on the leaderboard.
 Stay tuned for more info! 🚀#MemeCoin #Crypto #Alts #100x pic.twitter.com/5aaLxGz8N1
 — $SPONGE (@spongeoneth) March 22, 2024
 </blockquote>
 
 Crypto analyst and YouTuber Claybro, with over 127k subscribers, says SpongeV2 could again surge 100x after launch, like its predecessor.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/f32udoXCuNk" data-id="f32udoXCuNk" data-query="feature=oembed" data-alt="Sponge V2 Meme Season Kicking Off! Could This Token 100x Like The First Time?!"></div>
 <noscript><iframe title="Sponge V2 Meme Season Kicking Off! Could This Token 100x Like The First Time?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/f32udoXCuNk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </noscript>
 
 If interested, buy and stake $SPONGEV2 before its imminent launch on top-tier exchanges.
 Buy SpongeV2 tokens on the official website here using ETH, MATIC, USDT, or a bank card.
 <h2 id="span-style-font-weight-400-related-articles-span">Related Articles</h2>
 <ul>
 <li style="font-weight: 400;">Is It Too Late To Buy WIF? WIF On ETH Price Soars 43,887% As Analysts Say This Might Be The Next Meme Coin To Explode</li>
 <li style="font-weight: 400;">Best Meme Coins to Invest in: Top Picks for Exponential Gains!</li>
 <li style="font-weight: 400;">Is It Too Late To Buy TON? Toncoin Price Is Top Gainer on Crypto Bubbles After 20% Pump Amid Catizen GameFi Expansion And This Might Be The Next Crypto To Explode</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/is-it-too-late-to-buy-trump-maga-price-soars-20-as-donald-trump-warms-to-crypto-and-experts-say-this-2-0-ico-might-100x-again-tbt88291.html">https://thebittimes.com/is-it-too-late-to-buy-trump-maga-price-soars-20-as-donald-trump-warms-to-crypto-and-experts-say-this-2-0-ico-might-100x-again-tbt88291.html</a>
</div>

Is It Too Late To Buy TRUMP? MAGA Price Soars 20% As Donald Trump Warms To Crypto And Experts Say This 2.0 ICO Might 100x Again

Table of Contents

TheBitTimes

Other articles published on May 14, 2024

Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries

Chinese Police Bust Underground Bank Running Illegal Crypto-Based Currency Operations

What is GPT-4o, and how is it different from GPT-3, GPT 3.5 and GPT-4?

Generative AI in HR: Employers Ambivalent about Adoption and Non-compliance Issues

Will Slothana’s Price Rally Boost Other Crypto Presales? – Cilinix Crypto Video Review

PEPE Price Jumping High; Sharp Surge In Trading Volume

Join our free newsletter for daily crypto updates!