President Joe Biden and Donald Trump just lately engaged in a heated slightly “ridiculous” debate. Moreover, Biden acquired large backlash whereas Trump’s election odds surged to 63% Hence, at the moment, the highlight is on three politically charged meme cash: MAGA (TRUMP), TrumpCoin (DJT), and Jeo Boden (BODEN).
MAGA (TRUMP) Meme Coin Performance
The MAGA coin, impressed by former President Trump, is at the moment priced at $8.07, experiencing a ten.06% decline up to now 24 hours. However, regardless of the downturn, its 24-hour buying and selling quantity stands sturdy at $24.46 million. Whilst, it boasts #211 on CoinMarketCap with a market capitalization of $355.03 million.
Moreover, with a circulating provide of 43.99 million TRUMP cash, the meme coin has seen vital volatility. Previously, the TRUMP token reached a excessive of $17.52. Since then, MAGA has plummeted by 54%, reflecting the inherent volatility of the crypto market.
The Solana meme coin’s rise was intently tied to Trump’s marketing campaign actions and the growing odds of his 2024 presidential run. However, at the moment’s dip means that the coin struggles to keep up momentum at the same time as Trump’s odds of profitable rise to 63%.
Also Read: Donald Trump’s Odds Of Winning Surges To 63%, Musk Says “Memes” Clear Winner
TrumpCoin (DJT) Price Today
TrumpCoin (DJT) is one other Solana meme coin within the political crypto enviornment. Priced at $0.010928, TrumpCoin has seen a minor decline of 0.26% during the last 24 hours, with a buying and selling quantity of $10.52 million USD. As the coin was launched just lately, it ranks decrease at #2565 on CoinMarketCap and lacks a reported market capitalization.
The whole provide of DJT cash is capped at 10 billion, although the circulating provide stays undisclosed. During launch, it was branded as an official Trump coin. However, Trump by no means admitted to those claims. Moreover, an enormous controversy surrounds the coin, significantly after Martin Shkreli, a infamous determine within the crypto world, alleged he collaborated with Barron Trump to launch it.
Shkreli’s claims have been met with skepticism and backlash. Furthermore, the group highlighted insider buying and selling accusations linked to Shkreli and his associates. These claims considerably affected the DJT meme coin value.
Jeo Boden (BODEN) Coin Plummets 46%
Jeo Boden (BODEN), President Joe Biden, is one other entrant within the political meme coin market. Currently priced at $0.073805, BODEN has suffered a pointy decline of 46.88% up to now 24 hours. Its buying and selling quantity stayed comparatively excessive at $36.07 million however skilled an enormous plunge.
BODEN’s latest plunge follows contentious remarks made by Biden in a debate towards Trump, inflicting a big market response. Unlike its counterparts, BODEN’s efficiency seems extra straight influenced by the political local weather and public notion of Biden’s actions and statements.
Also Read: Kraken Co-Founder Donates $1M In ETH To Donald Trump
The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability to your private monetary loss.
