Fun

Donald Trump memecoin spikes 52% following assassination attempt

News Feed - 2024-07-14 08:07:00

Tom Mitchelhill46 minutes agoDonald Trump memecoin spikes 52% following assassination attemptThe price of the largest Trump-themed memecoin MAGA surged sharply following an assassination attempt on the former president while speaking on stage at a rally in Butler Pennsylvania.1470 Total views9 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe price of the largest Donald Trump memecoin MAGA (TRUMP) surged more than 30% following an assassination attempt on the former President while he was speaking on stage at a rally in Butler, Pensylvannia. 


The MAGA memecoin (TRUMP) spiked rapidly from a price of $6.31 to $10.36 immediately following the assassination attempt, seeing its total market capitalization jump from $293 million to $469 million in less than 30 minutes, per DexScreener data.The price of MAGA memecoin soared following an attempt on the life of the former President. Source: DexScreener 


Trump was speaking on stage at a July 13 rally in Butler, Pennsylvania when several shots were fired from an unknown direction in the crowd. 


Trump clutched his ear as shots sounded and dropped to the ground as his security detail rushed to protect him. Shooting just happened at The Trump rally pic.twitter.com/Xs1dVL1H3T— Acyn (@Acyn) July 13, 2024


While being whisked off the stage by his security detail, Trump asked them to pause while he raised his fist and shouted at the crowd. 


An official spokesperson from Trump"s campaign told the Associated Press the former President was "fine" following the incident and that he was undergoing medical treatment at a local facility. 


“President Trump thanks law enforcement and first responders for their quick action during this heinous act,” spokesman Steven Cheung said in a statement. “He is fine and is being checked out at a local medical facility. More details will follow.”


Related: US Republicans under Trump include crypto in official party platform


The price of several other Trump-themed memecoins also rallied on the news.


Solana-based memecoin Tremp (TREMP) jumped more than 63% in the hour following the news, while the MAGA Hat (MAGA) token briefly spiked 21% within the same timeframe. Trump"s election odds soar on Polymarket


Speculators on the Ethereum-based prediction market Polymarket were quick to place their bets as well, with Trump"s odds of clinching a victory in the upcoming election jumping from 60% to 68% immediately following the assassination attempt, per Polymarket data. Trump"s odds of being elected President jumped 8% on Polymarkets. Source: 


Meanwhile, current President Joe Biden"s predicted odds of nabbing an election victory fell in the same timeframe, falling from 30% to 15% in the last hour. 


Trump now stands as the clear favorite nominee on the prediction market, touting overall odds of 70% compared to just 15% for Biden and 9% for Vice President Kamala Harris.


Magazine: Crypto exposes sudden rift among Democrats months ahead of election# Blockchain# Cryptocurrencies# Altcoin# Politics# United States# Donald Trump# MemecoinAdd reaction

News Feed

PEPE Price Breaks Ascending Triangle To Target Another 20% Crash
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Jesse Coghlan2 hours agoCME Group to launch BTC, ETH reference rates aimed at Asia’s investorsCME reported nearly half of its crypto volume year to date came from non-U.S. trading hours and around 11% from the Asia Pac
Panic Or Opportunity? Dogecoin Whales Liquidate 100 Million Coins
Este artículo también está disponible en español. The crypto market is paying attention to a massive Dogecoin (DOGE) transaction. A whale transferred 100 million DOGE, or
Savannah Fortis5 hours agoMetaMask briefly pulled from App Store, British MPs argue for caution with NFT copyright infringement: Nifty Newsletter, Oct. 11–Oct. 17Decentraland Foundation executive director Yemel Jardis
Charles Hoskinson points to 2 major upgrades amid Cardano ‘dunking’
Martin Young4 hours agoCharles Hoskinson points to 2 major upgrades amid Cardano ‘dunking’The Cardano founder is fighting FUD again following a BitBoy video claiming ADA is dead.2788 Total views3 Total sharesListen t
Bitcoin Buy-Side Pressure Surges: Taker Buy Volume Spikes Sharply
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Robert Kiyosaki Says Fed Rate Hikes Will Crash Stocks, Bonds, Real Estate, and US Dollar
Robert Kiyosaki Says Fed Rate Hikes Will Crash Stocks, Bonds, Real Estate, and US Dollar The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned t
JPMorgan Chase launches AI tool for research analyst tasks
Arijit Sarkar1 hour agoJPMorgan Chase launches AI tool for research analyst tasksJPMorgan Chase has introduced LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management div
Finder’s Poll Conducted Weeks Before Terra’s Fallout Predicted LUNA Would Tap $143 This Year
Finder"s Poll Conducted Weeks Before Terra"s Fallout Predicted LUNA Would Tap $143 This Year Just recently, the product comparison platform finder․com polled 36 fintech spec
Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses
Coinbase "Will Not Institute a Blanket Ban" on All Transactions Tied to Russian Crypto Addresses The popular cryptocurrency exchange Coinbase has addressed the request from Ukraini
Derek Andersen6 hours agoBinance shutting down European Visa debit card in DecemberMastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.1820
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product
File Transfer Giant Wetransfer Joins NFT Industry, Partners with Blockchain Platform Minima for March Launch of Minting Product File transfer service giant Wetransfer announced Mon