MAGA

Donald Trump’s conviction seems to not affect meme coin traders, despite his guilty verdict, Trump inspired MEGA token reached a new all-time on the very same day. 
Though moments after the judge’s decision, MAGA (TRUMP) dropped from $13.50 to $11.20. A 50% surge subsequently saw it hit an all-time high of $16.80 before collapsing once more. At the time of writing, it was <a href="https://coinmarketcap.com/currencies/maga/" target="_blank" rel="noreferrer noopener">valued</a> at $15.28, as per the CoinMarketCap data. 
<div class="wp-block-image"> 
 <figure class="aligncenter">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/7t22YIMk2ZG3v3JMovlNjzJ865BZYhOsLqkRSBbPeWTyxwRTap-7Fff4mL-04kiki6v31c32guBsrbimhkHAhl6k6MhxiJYIqJerlvR7tSgCTf5VveEjde7nPCeAJerZsat7HhoyMPhI4JZdM5KXWFE" alt="MAGA (TRUMP) Chart">
 <figcaption class="wp-element-caption">
 MAGA (TRUMP) value, Source: CoinMarketCap
 </figcaption>
 </figure>
</div> 
Apart from the MAGA token, the volatility of some meme currencies associated with Donald Trump, the previous president and the Republican party’s current presidential contender, increased following the court’s ruling. 
Donald Tremp (TREMP) had highs and lows, as well as its value dropped by 5% initially, then increased by 18% to $1.38. It is currently <a href="https://coinmarketcap.com/currencies/doland-tremp/" target="_blank" rel="noreferrer noopener nofollow">valued</a> at approximately $1.14.&nbsp; On the other hand, a meme coin tied to Joe Biden, Trump’s opponent, saw significant volatility. Jeo Boden (BODEN) <a href="https://coinmarketcap.com/currencies/jeo-boden/" target="_blank" rel="noreferrer noopener nofollow">plunged</a> 15% in a day. 
On Thursday, May 30, a Manhattan <a href="https://www.cryptotimes.io/2024/05/31/trump-found-guilty-on-34-felony-count-of-falsifying-records/https://www.cryptotimes.io/2024/05/31/trump-found-guilty-on-34-felony-count-of-falsifying-records/" target="_blank" rel="noreferrer noopener">jury found Donald Trump guilty</a> of all 34 counts of falsifying company records. So, he became the first American former president to be found guilty of a crime.&nbsp; 
The lawsuit involved Trump and Stormy Daniels, a porn star, over hush money. She claimed to have had an affair with him before the 2016 election, receiving $130,000 from his former attorney, Michael Cohen, for silence. Trump denied the allegations. 
The American criticized the case’s judge, Merchan, labeling the decision a “disgrace.” Trump may spend some time in jail after the July 11 sentencing date. Legal professionals, however, think that a fine is more likely to occur. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/05/31/donald-trump-convicted-can-crypto-bail-him-out/" target="_blank" rel="noreferrer noopener">Trump Convicted: Can Crypto Bail Him Out?</a> 
</blockquote>

Trump Inspired MAGA Token Hits ATH Amid Conviction

The Crypto Times

Andra artiklar publicerade 31 maj 2024

Is Qubetics Whitelist the New Crypto Gold Rush? Are Tron and Solana Dusted?

Bitcoin Price Surpasses $69,000 Amid Japanese Crypto Exchange Hack

New BitDegree Mission Explores Pionex Trading Bots

Beam Price Jumps 25% Amid Major Listing Announcement

2024 Altcoin Investment Guide: Top Picks

MoonBag Meme Coin: A Rising Star Among Immutable X and Notcoin

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!