Donald Trump Meme Coin Gains Value: Reason for the Increase

Shock Rise in Donald Trump Meme Coin: Assassination Attempt Effect

After an attempted murder attempt on the former US president during his speech at a rally in Butler, Pennsylvania, the price of the largest Donald Trump meme coin, MAGA (TRUMP), increased by more than 30%. Within 45 minutes after the attempted assassination, the Ethereum-based MAGA meme coin’s price shot up to $10.36 from $6.31, according to DexScreener statistics. This resulted in a massive increase in the coin’s overall market capitalization, from $293 million to $469 million.

• On the news, the value of numerous other meme coins with Trump themes increased as well.
• A different meme coin called MAGA Hat (MAGA) momentarily surged 21% in the hour that followed the news, whereas Tremp (TREMP), based in Solana, surged more than 63%.

Deep Inside the Assassination

At a rally in Butler, Pennsylvania, on July 13, Trump was speaking when multiple rounds from an unidentified direction were fired. The US Secret Service hurried to protect Trump as he dropped to the ground, clutching his ear as the gunfire rang out. Trump urged them to stop as his security detail escorted him off the platform, raising his fist and yelling at the audience. Following the incident, the former president was “fine,” according to a representative from Trump’s team, and was receiving medical attention at a nearby facility.

President Trump thanks law enforcement and first responders for their quick action during this heinous act. He is fine and is being checked out at a local medical facility. More details will follow.

spokesman Steven Cheung

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