Political memecoins heat up after jury finds Trump guilty in historic trial | Headlines | News | CoinMarketCap
05/31/2024 05:42
Political memecoins related to former United States President Donald Trump were wildly fluctuating after the conclusion of his hush money trial.
Political memecoins related to former United States President Donald Trump were wildly fluctuating after the conclusion of his hush money trial.
As a Manhattan jury found Trump guilty of 34 felony counts of falsifying business records, a token called FreeTrump ($TRUMP) spiked 330% to trade at $0.019 in the past day, according to the crypto price tracker CoinGecko. Additionally, the token Jeo Boden (BODEN) rose 9.2% in the same span to reach $0.3319.
However, many Trump-related political memecoins dipped after Trump's sentencing. The MAGA (TRUMP) token, of which a Donald Trump-related wallet holds 580,000 coins, fell 16.2% in the past day to reach $11.54. MAGA VP (MVP), a token suggesting a connection with Trump's potential vice presidential pick, also hit a price …