Trump Meme Coin FEAR NOT surges 500% in one day! Official: 74% of circulating supply will be destroyed and will be listed on OKX

This site (120bTC.coM): After former U.S. President Trump was shot unsuccessfully during a rally on the 14th, he stood up and shouted "Fight", and a series of Meme coins depicting Trump's tough guy image began to emerge. And have surged, including $FIGHT, $EAR (ears are still there), $MEGA (make ears great again), etc. However, these tokens have recently plummeted after rising sharply.

It is worth noting that after the Trump campaign released a new email on the 15th calling out “FEAR NOT”, the Meme coin FEAR NOT became the latest hot spot in the Meme coin market.

Coinmarketcap data shows that after the Meme currency FEAR NOT was launched on the Ethereum chain on the same day, the price of the currency has continued to rise. Today it once exceeded 0.0001 US dollars, with the largest single-day increase of more than 500%. As of the time of writing, it was reported at 0.00008171 yuan, a single-day increase of 435 %, the market value has reached US$33 million, and the upper limit has increased by more than 10,000% so far.

FEAR NOT has recently seen a lot of news that is favorable for currency prices, such as the official team announcing that it has destroyed 74.2% of its total supply. In addition, centralized exchanges such as Poloniex, CoinW, CoinEx, etc. have successively listed FEAR NOT, Gate.io FEAR NOT is also on the shelves today. FEAR NOT officially announced today that it is negotiating with OKX and will soon be on the shelves on OKX.

He will deliver a speech at the Bitcoin Conference next week

Trump’s momentum surged after he was shot and assassinated. He officially accepted the Republican presidential candidate nomination on the 19th and delivered a finale speech, promising to increase U.S. fossil fuel production and Lower taxes, curb inflation, and said the Federal Reserve would cut interest rates in his second term.

The latest poll conducted by You Gov for the New York Times/SAY24 found that Biden is trailing Trump in 7 major swing states including Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. In 6 of these states, Biden won the 2020 election, which shows that Biden's chances of being elected have dropped significantly.

The three-day annual Bitcoin Conference will be held in Nashville, Tennessee, USA on the 25th. Trump will attend the conference and deliver a speech on the last day. Dennis, co-founder of the Satoshi Action Fund Porter, BnkToTheFuture founder Simon Dixon and others have all shared rumors claiming that Trump may declare Bitcoin as a strategic reserve asset of the United States, but this rumor has not yet been confirmed.

The Trump series Meme coins may fluctuate violently at that time. However, it should be noted that although Meme coins may bring high returns, they have risks such as high volatility, lack of fundamental support, liquidity, market manipulation, etc. Before deciding to invest funds, investors should act within their capabilities, remain vigilant, and pay attention to market trends and changes at any time.

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