Meme Coins Surge After Trump Survives Assassination Attempt, MAGA (TRUMP) Sees 50% Increase
- PHPzOriginal
- 2024-07-18 07:46:59454browse
Meme coins started to surge merely minutes after US presidential candidate Donald Trump survived an assassination attempt during a campaign rally in Pennsylvania.
Meme coins surged minutes after US presidential candidate Donald Trump survived an assassination attempt at a campaign rally in Pennsylvania.
MAGA (TRUMP) saw an increase of over 50% in the past 24 hours. DOGE and SHIB rose by 2% and 1%, respectively, but TRUMP was the best performer.
TrumpCoin (DJT), the meme coin Martin Shkreli allegedly created for Trump and his son Barron, also rose by nearly 6% in the past 24 hours.
The shooting inspired a flurry of new meme coins. People on Twitter fueled rumors that Joe Biden ordered the hit on Trump, based on his comments about putting him in a bullseye a few days ago.
Biden said he was happy Trump survived in his official statement. He said he was praying for him and everyone else affected by the incident.
Bets on Trump winning the election surged to 70% on Polymarket, while Biden’s were at 16%.
The crypto community discovered that the shooter, Matthew Crooks, was featured in a BlackRock commercial last year.
BlackRock is a crypto-friendly company that launched its own spot Bitcoin ETF. BTC rose by over 2% after the shooting and briefly touched the key resistance level of $60. It was worth $59,709 at press time.
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