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MAGA Meme Coin’s Explosive Growth After Trump Attack, What’s Next?
Trump’s all about crypto now, and that MAGA memecoin is reaping the benefits in a major way.
This thing has been on one heck of a rollercoaster lately, and it just took an even crazier turn after the whole assassination attempt on former President Trump.
I’m talking about a 64% price surge — the coin jumped from $6.31 all the way up to $10.36 in just 30 minutes. That sent the total market cap skyrocketing from $293 million to a cool $469 million.
Crazy, right? MAGA coin holders must have been popping the champagne after that explosive jump.
Source: CryptoNews
What’s behind this sudden spike?
The recent sharp increase in the price of MAGA coin seems to be caused by a few different factors:
- Former President Trump has recently started supporting and promoting cryptocurrency more publicly.
- There is a lot of ongoing political turmoil and media coverage surrounding the former president, which appears to be driving increased interest and investment in MAGA coin.
