Cryptocurrency tokens in honor of Donald Trump rise sharply after assassination attempt on politician

on July 13, former US President Donald Trump was assassinated during a campaign speech. After this incident, meme tokens related to the politician rose sharply in value.

Thus, the MAGA (TRUMP) token grew by more than 50% per day, reaching a short-term peak of more than $ 10, at the moment the token has barely dropped. The capitalization of the virtual coin reached $ 421 million.

Another meme token, MAGA Hat (MAGA), also grew by 27%, although its capitalization is much smaller, almost reaching $ 100 million. On the Solana platform, the Doland Tremp (TREMP) meme token grew by 15% to $ 0.47 at the time of writing, with a market cap of $ 45 million, according to analytical tracker CoinMarketCap.

A spokesperson for Trump’s campaign told the Associated Press that the politician is doing well and is being treated at a local medical facility. At the same time, on the Polymarket prediction market, the chances of Trump winning the 2024 election increased from 60% to 70%, while confidence in incumbent President Joe Biden fell to 17%.