It appears that there have been significant price increases for two cryptocurrencies or tokens, STRUMP and MAGA, possibly due to recent events or increased investor interest. Let’s go over the details of each:
Multiple meme tokens experienced significant price increases, reaching double-digit percentages, after news broke about an assassination attempt on the former American president, Donald Trump.
Trump hurt in Pennsylvania shooting
The market for meme coins associated with Trump has experienced notable price surges. This development follows the controversial shooting incident in Pennsylvania that involved Trump, which has sparked these market fluctuations.
As a crypto investor, I can tell you that the Republican presidential candidate’s team announced that he’s “thriving” following an assault, which left a wound on the upper portion of his right ear.
Additionally, it was verified by officials that a minimum of two individuals, including the gunman, succumbed to their injuries. Some others are said to have been hurt as well.
The cryptocurrency market responded dramatically to the latest news, causing a surge of over ten percent for certain meme coins that capitalized on the Trump name and his “Make America Great Again” (MAGA) slogan.
MAGA skyrockets 58%
As a researcher studying the cryptocurrency market, I’ve observed significant growth among certain digital assets following recent events. Notably, the MAGA (TRUMP) coin experienced a substantial surge, with its price increasing approximately 58% and reaching $9.88 per unit at the time of my analysis.
The market capitalization of the token amounts to an impressive $450,128,557, while its fully diluted valuation reaches $446,326,440. Notably, its trading volume during the last 24 hours has also surpassed $37,436,858.
The price increase is noticeable in various time periods. In the past week, MAGA‘s worth has risen by 57.3%, while it has gained a more subdued 38% over the last two weeks. Nevertheless, it remains approximately 24% below its value from a month ago.
Super Trump jumps 51%
A meme cryptocurrency named Super Trump (STRUMP) experienced a surge in value following the Pennsylvania event, with its price climbing by 51.2% and currently standing at $0.01296. Some notable features are:
The value of the coin’s market capitalization is equivalent to $30,624,792, with its fully diluted evaluation mirroring this amount. The trading volume for this coin over the past 24 hours reached $4,131,626. Currently, there are approximately 2,339,600,235 coins in circulation.
Individuals who have possessed the coin for a minimum of seven days have witnessed a 50% rise in its value, whereas the price enhancement over a two-week period is noticeably less, amounting to approximately 4.3%.
Over the last thirty days, STRUMP‘s price has continued to drop, sitting around 30% lower than it was a month prior.
MAGA Hat up 35%
The price of the MAGA Hat token (MAGA) surged by 35.7% due to increased demand from investors following the Trump shooting incident. Currently, it’s valued at $0.0002451.
The financial buzz surrounding MAGA remains undiminished, with a fully diluted value of $96,964,134 and a market capitalization of $96,248,672. Notably, the trading volume for this stock has surged to an impressive $100,043,133 over the last 24 hours, fueled by the heightened excitement following the recent Trump-related events.
The circulating supply is sizeable, amounting to approximately 410 billion coins, only a bit shorter than its overall and maximum supply amounts.
MAGA VP increases 6.5%
Lastly, the MAGA Vice-President (VIP) meme token experienced a more subdued rise of 6.5% and currently stands at a value of $0.2585. The price of MAGA VP (VIP) meme coin climbed by 6.5% and is now worth $0.2585.
The value of the coin’s market capitalization has increased to $11,334,535, while its total worth, taking into account all potential shares, is now $12,113,003.
The price increase was accompanied by a significant trading volume of approximately $1.5 million over a 24-hour period, causing the MVP token’s circulating amount to reach 44,447,310 out of a total available supply of 47.5 million.
As a researcher analyzing the data, I’ve discovered that the value of the Minimum Viable Product (MVP) has experienced a growth of 0.7% during the last seven-day period. However, if we expand the time frame to two weeks, this percentage jumps up to a more substantial 8.5%.
Despite the favorable political environment, MVP’s price performance over the past month has been disappointing, with a decrease of 26.3%.
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2024-07-14 14:36