Trump Vs Zelensky: Boom Of Meme Coin $TRUMP AND $MAGA
The debate between Trump and Zelensky triggered a surge in the $TRUMP and $MAGA coin memes, with increases of 8% and 10% respectively.
The $TRUMP and $MAGA coin memes have surged after a heated debate between the US leader and Ukrainian President Volodymyr Zelensky. $MAGA was among the first thematic cryptocurrencies to emerge ahead of $TRUMP. This is the first time the coin has shown an upward trend after more than a month of stagnation.
Today, there are no firm explanations as to what prompted traders to push $MAGA up 10 per cent, but it is an interesting event in the meme coin industry.
Increase in value for meme coins after heated clash
The American leader entered the cryptocurrency world by launching $TRUMP, causing a major impact in the community. The coin has been fluctuating in recent months, with no particular recent movements. However, during a meeting with Zelensky to discuss the ongoing war, the debate degenerated.
"We are trying to solve a problem. You don't have to tell us what we should try, because you are not in a position to impose it on us. You put yourself in a favourable position, but at the moment you don't have the right cards. You are playing with the lives of millions of people. You are provoking World War III."
The entire media world immediately reacted to the event, with much discussion of possible consequences in US-Ukraine relations. Some senators called the event a disaster and questioned the possibility of cooperation between the two leaders.
However, an unusual event occurred in the crypto sector: after the discussion, $TRUMP rose by 8%.
The meme coin linked to the American leader had been declining for weeks, with a slight rise in February thanks to a new airdrop. However, overall, the value remained stagnant.
$MAGA had already seen some surges during the election campaign, but had lost almost all of its value after the former president's victory.
Clearly, the American leader's supporters mobilised after the interview with Zelensky. These price movements provide an interesting perspective on the mindset of crypto traders, particularly those who follow political events closely.
The question now is: are these investors making a strategic choice by buying these coins? Or are they simply trying to show their support for their favourite leader? It could also be an attempt to generate a speculative bubble while the story dominates the headlines.
Paul Atkins, candidate for the chairmanship of the SEC, has been criticised for links to FTX and possible conflicts of interest. Warren accuses him of corruption.
The $TRUMP and $MAGA coin memes have surged after a heated debate between the US leader and Ukrainian President Volodymyr Zelensky. $MAGA was among the first thematic cryptocurrencies to emerge ahead of $TRUMP. This is the first time the coin has shown an upward trend after more than a month of stagnation.
Today, there are no firm explanations as to what prompted traders to push $MAGA up 10 per cent, but it is an interesting event in the meme coin industry.
Increase in value for meme coins after heated clash
The American leader entered the cryptocurrency world by launching $TRUMP, causing a major impact in the community. The coin has been fluctuating in recent months, with no particular recent movements. However, during a meeting with Zelensky to discuss the ongoing war, the debate degenerated.
During the discussion, the American leader said:
Reddit
The entire media world immediately reacted to the event, with much discussion of possible consequences in US-Ukraine relations. Some senators called the event a disaster and questioned the possibility of cooperation between the two leaders.
However, an unusual event occurred in the crypto sector: after the discussion, $TRUMP rose by 8%.
The meme coin linked to the American leader had been declining for weeks, with a slight rise in February thanks to a new airdrop. However, overall, the value remained stagnant.
The rise of $TRUMP was not the only surprise: $MAGA, a coin inspired by the American leader but with no official connection to him or his entourage, also saw a 10% increase.
$MAGA had already seen some surges during the election campaign, but had lost almost all of its value after the former president's victory.
Clearly, the American leader's supporters mobilised after the interview with Zelensky. These price movements provide an interesting perspective on the mindset of crypto traders, particularly those who follow political events closely.
The question now is: are these investors making a strategic choice by buying these coins? Or are they simply trying to show their support for their favourite leader? It could also be an attempt to generate a speculative bubble while the story dominates the headlines.
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