Donald Trump themed meme coins are creating a new class of millionaires. Recently, the Trump campaign announced that it would begin accepting crypto donations including Bitcoin, either... MAGA, a Trump-inspired meme coin, spiked over 500,000% in the last 24 hours. A crypto trader reportedly made $2.7 million trading MAGA in just three days. Trump’s political actions and crypto support influenced the market significantly. Trump’s pro-crypto stance at the Bitcoin conference has sparked market interest, particularly boosting Bitcoin and Ethereum. Meme coins like Dogecoin and Shiba Inu have shown modest gains, while newer coins like PlayDoge and Pepe Unchained are gaining traction. Many of the tokens have names like Bread (yes, the meme is a loaf of bread) or Baby Trump (the former president in a diaper). One of the most popular memecoins is based on Pepe the Frog, an... According to CoinGecko, the price of the Donald Trump meme coin has been falling over the last seven days. TRUMP fell from $4.66, losing that level. However, on November 4, the price of the meme coin began to rise sharply, with one day left before the U.S. presidential election results. At the time of writing, the price of TRUMP has dropped to ... A Trump meme coin is a cryptocurrency inspired by Donald Trump and his political persona. The most popular of these coins is MAGA (TRUMP), often simply called the "Trump coin." Designed to reflect both Trump’s influence and the essence of meme culture, Trump coins allow people to engage in the crypto space with a politically charged token. The Trump campaign announced it would begin to accept crypto donations, including bitcoin (BTC), ether (ETH), and meme coins dogecoin (DOGE) and shiba inu (SHIB). Donald Trump-themed altcoins have experienced a meteoric rise, capturing the attention of both crypto enthusiasts and political spectators. This surge comes as Mechanism Capital, a prominent crypto fund, announces its strategic investment in Trump-related meme coins, marking its first new positions in 2024. The bitcoin bulls and meme stock traders are fired up about the prospect of another Donald Trump White House. Or at least, the prospect of doing some momentum trading over the next 18 days.
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