As a seasoned crypto investor with years of experience under my belt, I’ve learned to navigate through the volatile and unpredictable world of digital assets. The recent news about the second alleged assassination attempt on Donald Trump has certainly caught my attention, not just because it involves a high-profile figure, but also due to its potential impact on the polifi token market.
What’s the spin on how political meme coins responded when it was reported that U.S. presidential hopeful, Donald Trump, might have been targeted for a second assassination attempt?
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A second assassination attempt or an unfortunate coincidence?
On September 15th, a shooting incident took place at Trump’s golf course in West Palm Beach. Approximately 400 meters away from the political figure, a Secret Service agent spotted a rifle protruding from some bushes. In response, he quickly fired shots towards the suspected culprit.
After fleeing the crime scene, the perpetrator hopped into a black Nissan. Nevertheless, an onlooker spotted the vehicle departing and snapped a picture, which they subsequently handed over to the authorities.
The suspect was intercepted on the highway, approximately 72 km north of the assassination site. A search of his car revealed a GoPro camera, two backpacks, and an AK-47 assault rifle with a telescopic sight.
Based on news accounts, the potential perpetrator appears to be Ryan Wesley Routh, who is 58 years old and from Hawaii. The prosecution believes that they could bring attempted murder charges against him, even though it’s said he didn’t discharge a weapon.
Trump thanked the Secret Service for their prompt intervention and confirmed that he was fine:
“THE JOB DONE WAS ABSOLUTELY OUTSTANDING. I AM VERY PROUD TO BE AN AMERICAN!”
How the polifi token market is reacting
meme coins tied to Donald Trump’s persona displayed varying responses to a potential assassination attempt. Meanwhile, in the past 24 hours, the overall market capitalization of the meme coin market, specifically Polifi, dropped by over 6% to approximately $476.8 million. Simultaneously, trading volumes for Polifi decreased to around $169.9 million as well.
Over the last 24 hours, the MAGA token (previously known as TRUMP) has experienced a decline of 13.3%. Currently, it’s being traded at $2.12. Similarly, the value of the Donald Tremp (TREMP) meme coin decreased by 1.6%, with its current rate standing at $0.1227.
While many political tokens associated with Trump experienced a decline in mentions, certain assets have demonstrated substantial increase in value within the last 24 hours.
As an analyst, I’ve noticed a significant surge in the price of the BOME TRUMP meme coin today. It skyrocketed by a whopping 88% and currently stands at $0.0001809. This impressive rise has propelled its market capitalization to a respectable $9.8 million.
Trump’s chances of winning are growing after the assassination attempt
Currently, there’s a growing anticipation within the cryptocurrency community that Donald Trump might prevail in upcoming events, as indicated by rising odds on betting platforms like Polymarket. American bookmakers have upped their estimates for a possible Trump victory.
Based on the most recent predictions, it appears that Donald Trump has a 49% likelihood of winning the election, while Vice President Kamala Harris stands at a 50% chance. Reports suggest that wagers on this particular event have surpassed $900 million.
Trumps’ DeFi project is launched the day after the assassination attempt
September 16th marks the anticipated start of the World Liberty Financial initiative. This project, previously known as “The Defiant Ones,” has Donald Trump’s sons as its creators. World Liberty Financial is projected to primarily concentrate on decentralized finance (DeFi) lending.
It’s significant to mention that the official debut has been planned for a day following the suspected assassination attempt. Previous reports from some publications suggested that the shooting was orchestrated back in July, shortly after the initial assassination attempt against the politician.
In simpler terms, following the shooting of a politician, the BlueAnon movement, known for left-wing conspiracy theories, gained traction, serving as an alternative to the QAnon phenomenon. QAnon followers believe that powerful figures in the U.S., including Democratic Party officials and Hollywood celebrities, are actually Satanist pedophiles ruling the country.
It’s hard to tell for certain if Trump was truly in jeopardy at the golf club, or if the incident was simply exaggerated beyond its actual severity.
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2024-09-16 18:37