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

Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge or Approval’
Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says "Decision Was Made Without Knowledge or Approval" On August 5, the Mi Store in Portugal announced that i
Dacxi Announces Global Tokenized Crowdfunding Solution – the Dacxi Chain
Dacxi Announces Global Tokenized Crowdfunding Solution - the Dacxi Chain press release PRESS RELEASE. Dacxi has announced theDacxi Chain – the world’s first tokenized
Gaming Platform Enjin and Metaverseme Merge NFTs With Augmented Reality to Enhance Gaming Experience
Gaming Platform Enjin and Metaverseme Merge NFTs With Augmented Reality to Enhance Gaming Experience The blockchain gaming platform, Enjin and Metaverseme, an au
Derek Andersen5 hours agoCBOE to launch BTC, ETH margin futures trading in January with 11 firms supportingThe new trading capability comes simultaneously with a surge in interest in crypto financial products in the Unit
Twitch Co-Founder Justin Kan Launches Gaming-Centric NFT Marketplace Fractal
Twitch Co-Founder Justin Kan Launches Gaming-Centric NFT Marketplace Fractal The co-founder of Twitch, Justin Kan launched a gaming-centric non-fungible token (NFT) marketplace cal
BTC Proxy Announces Strategic Partnership With Blockchain․com to Expand Bitcoin DeFi Ecosystem
BTC Proxy Announces Strategic Partnership With Blockchain․com to Expand Bitcoin DeFi Ecosystem press release PRESS RELEASE. BTC Proxy, the Bitcoin Liquidity Protocol on Polygon, h
Report: South Sudan Government Bans US Dollar Transactions
Report: South Sudan Government Bans US Dollar Transactions The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local pa
Binance Taker Buy/Sell Ratio Falls Below 1.0 as Bitcoin Sees Renewed Selling
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
‘Survival games’ as Bitcoin hash price skirts near all-time low
Brayden Lindrea4 hours ago‘Survival games’ as Bitcoin hash price skirts near all-time lowDespite the hash price crash, most Bitcoin mining machines remain profitable for the time being.1844 Total views6 Total sharesL
Industrial metaverse prototype makes managing workers look like a tycoon game
Tristan Greene7 hours agoIndustrial metaverse prototype makes managing workers look like a tycoon gameBosses of the future may be able to view employee physiological status at a glance, thanks to the industrial metaverse
Maksym Illiashenko20 hours agoGame developers’ role in elevating Web3 gaming — Breaking the stigmaBy focusing on these elements, game developers can elevate Web3 games and change the stigma surrounding them. It"s all
Bitcoin Rebound Signals Healthier Bull Market Without Overheating, Analyst Says
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