Trump second assassination attempt will affect meme coins?

09/16/2024 22:24
Trump second assassination attempt will affect meme coins?

U.S. presidential candidate Donald Trump is believed to have been the target of a second assassination attempt. How did political meme coins react to this news?

U.S. presidential candidate Donald Trump is believed to have been the target of a second assassination attempt. How did political meme coins react to this news?

A second assassination attempt or an unfortunate coincidence?

On Sep. 15, a shooting occurred at Trump’s golf course in West Palm Beach. About 400 meters from the politician, a Secret Service agent saw a rifle barrel sticking out of the bushes. He immediately opened fire in the direction of the alleged perpetrator.

The attacker escaped the incident scene, getting into a black Nissan. However, a passerby noticed the car driving away and took a photo, then he gave it to the police.

The suspect was intercepted on the highway, approximately 72 km north of the assassination site. A search of his car revealed a GoPro camera, two backpacks, and an AK-47 assault rifle with a telescopic sight.

According to media reports, the possible attacker is 58-year-old Hawaiian Ryan Wesley Routh. Prosecutors believe attempted murder charges can be brought even if the suspect did not fire a single shot.

Trump thanked the Secret Service for their prompt intervention and confirmed that he was fine:

“THE JOB DONE WAS ABSOLUTELY OUTSTANDING. I AM VERY PROUD TO BE AN AMERICAN!”

How the polifi token market is reacting

Meme coins dedicated to the personality of Donald Trump showed different reactions to the possible assassination attempt. However, the total market capitalization of the polifi token market has fallen by more than 6% over the past 24 hours to $476.8 million. At the same time, trading volumes of polifi
Toxins also fell to $169.9 million.

Trump survives second assassination attempt: Will it affect meme coins and the future of crypto in the US? - 1
Source: CoinGecko

The MAGA token (TRUMP) has fallen by 13.3% over the past 24 hours. At the time of writing, it is trading at $2.12. The Donald Tremp (TREMP) meme coin also showed a decrease in value. In this case, the asset rate dropped by 1.6%, reaching $0.1227.

Most other polifi tokens dedicated to Trump also saw a decrease in quotes. However, some assets have shown significant growth over the past day.

The BOME TRUMP (TRUMP) meme coin jumped in price by 88%, reaching $0.0001809, according to CoinMarketCap. The asset’s market capitalization is $9.8 million. Even greater growth was recorded by the TRUMP AI (TRUMP) token, whose value increased by 133% in 24 hours. At the time of writing, the asset’s price is $0.004097.

Trump survives second assassination attempt: Will it affect meme coins and the future of crypto in the US? - 2
Source: CoinMarketCap

Trump’s chances of winning are growing after the assassination attempt

Meanwhile, the crypto community expects Trump to win after recent events. According to data from the online platform Polymarket, American bookmakers have increased the chances of the former U.S. president.

Trump survives second assassination attempt: Will it affect meme coins and the future of crypto in the US? - 3
Source: Polymarket

According to the latest forecast, Trump will win the election with a probability of 49%. The chances of U.S. Vice President Kamala Harris are estimated at 50%. As the portal indicates, bets on this event exceed $900 million.

Trumps’ DeFi project is launched the day after the assassination attempt

On Sep. 16, the official launch of the World Liberty Financial project is planned. Trump’s sons are behind its creation. World Liberty Financial, originally called The Defiant Ones, is expected to focus on DeFi lending.

It is noteworthy that the official launch is scheduled for the day after the possible assassination attempt. Some publications wrote about the staged nature of the shooting back in July, after the first assassination attempt on the politician.

Thus, The Wall Street Journal and The Washington Post stated that the shooting of the politician gave impetus to the BlueAnon phenomenon, which is associated with left-wing conspiracy theories and is opposed to the right-wing QAnon, whose supporters are sure that the United States is ruled by a society of Satanist pedophiles, which includes high-ranking Democratic Party officials and their celebrity supporters from show business.

However, one can only guess whether Trump was really in danger at the golf club or whether the tragedy was blown out of proportion.

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