|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Trump Memecoins Plunge After Ex-President Found Guilty in Hush Money Case, But a Few See Gains
May 31, 2024 at 02:26 pm
Majority of Trump memecoins plummeted Thursday after former President Donald Trump was found guilty on all counts in his hush money case
Several Trump memecoins saw major dips Thursday after the former U.S. president was found guilty on all counts in his hush money case.
Trump, who is the presumptive Republican Party's presidential candidate for the 2024 elections, was found guilty on each of the 34 counts of falsifying business documents to conceal a payment that was supposed to silence porn star Stormy Daniels. He will be sentenced on July 11, just days before he is scheduled for the GOP's formal nomination.
As news of his conviction emerged, some of the memecoins themed after the business mogul saw significant dips, as per data from CoinGecko. The Super Trump (STRUMP) token plummeted by 32.1% in the past 24 hours, and the MAGA Hat (MAGA) coin dipped by 17.8%.
MAGA VP (MVP) was also down by 13.5%, and BABYTRUMP saw the largest dip at 36.9%.
However, some Trump memecoins saw major gains amid news of the guilty verdict. FreeTrump ($TRUMP) was a major gainer as it was up by over 2,000%. Bridged MAGA (TRUMP) was up by 71.5%, and Pepe Trump (PTRUMP) saw a 15.1% gain.
MAGA (TRUMP) is the top memecoin among the "PolitiFi" cryptocurrencies on CoinGecko as of writing.
The decline of some Trump-themed memecoins comes as the business magnate continues to turn hard toward the crypto industry.
Days before the guilty verdict, blockchain analysis firm Arkham Intelligence revealed that a digital wallet linked to the 77-year-old politician holds some $10 million worth of various tokens, including more than 1.5 million MAGA and MAGA VP memecoins. It also holds a significant number of Ether (ETH), the world's second-largest digital asset by market cap.
Trump has been largely vocal of his "support" for the crypto sector in recent months, contrary to his critical views of Bitcoin and other digital assets in the past. He told libertarians that he will make sure the "future" of the industry will be "made in the USA" and not outside the country.
On the other hand, his rival, U.S. President Joe Biden, has been apparently wary of the sector. He expressed opposition to the passage of a bill that seeks to establish a regulatory framework for the industry and has been supportive of the U.S. Security and Exchange Commission's (SEC) regulatory approach toward crypto.
However, a recent report revealed that Biden has been reaching out to key figures and players in the industry, seeking their comments on crypto policy, signaling a potential shift in his stance regarding digital assets.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin's Unwavering Growth: A Transformative Force Reshaping Global Economies and Lifestyles
- Nov 15, 2024 at 04:20 am
- Bitcoin's dramatic price swings continue to capture the attention of investors worldwide. Known as the original cryptocurrency, Bitcoin holds its position as the most popular digital asset
-
- MAGA (TRUMP) Meme Coin Dives 35% in a Week Despite Trump's 2024 US Presidential Election Victory
- Nov 15, 2024 at 04:20 am
- The Donald Trump-linked meme coin MAGA (TRUMP) has experienced a sharp decline over the past week. This diverges from the broader market rally sparked by Trump's victory in the 2024 US presidential elections.
-
- title: Maximize Your Earning Potential on MemeFi with Our Up-to-Date List of MemeFi Daily Combos and Video Codes for November 14
- Nov 15, 2024 at 04:15 am
- MemeFi Daily ComboThe MemeFi daily combo for November 14 is 1-3-3-2-4:Head - one hitBelly - one hitBelly - one hit Neck - one hitLeg - one hitIn MemeFi Coin, players can gain a large reward if they correctly perform the daily combo. When battling an enemy, the screen is divided into 4 zones, representing the enemy's head, neck, belly and legs. Performing the right sequence of taps will give the player a big stash of coins.If you enjoy Telegram games, we're sure you will love CoinGram, the official mini app from CoinCodex! By earning coins in the app, you will become eligible for monthly giveaways with real rewards. The more coins you get, the better chances you will have at winning a prize.Play CoinGram NowMemeFi Video CodesAnother way to earn big rewards in MemeFi Coin is to enter secret codes that are found in videos. Video codes will be updated as soon as possible!Here are the MemeFi video codes for November 14, 2024:Telegram Mobile Play to Earn crypto Games Code : 42666Turn Your Football Knowledge into Profits: The Sorare Experience | Part 5 of 5 | MemeFi Code: 72941Arbitrage and DCA: The Safest Crypto Trading Tactics Explained | Part 4 of 7 | MemeFi Code: 99944The SECRET FORMULA That Launches Billion-Dollar Companies | MemeGirls Code: 42437How To Start Your Small Business Code: 42111Turn News into Profits Code: 53320Go to Secret Task Code: AirdropFake Wallet Scam Code: 23790Crypto Drama Unfolds! Code: 46467How To Start Your Own Business From Zero | MemeGirls Code: 41211How I Made The Most Expensive. Code: 11586Don't Lose Your Crypto: 9 Simple Steps to Lock Down Your Wallet | Part 5 of 5 | MemeFi Code: 32397The Truth About Rug Pulls and Fake ICOs : Crypto Biggest Scam | Part 2 of 5 Code: 98236Don't Lose Your Crypto: 9 Simple Steps to Lock Down Your Wallet | Part 5 of 5 Code: 32397How Hackers Stole $450 Million Code: 23525How to Make Money on Text Code: 05432Earn With DAPPS: How To Get Started Code: 65673Pump and Dump Schemes Code: 20234How to Make Money Online Code: 52811Make the Most of a Bull Market Code: 35688How to Make $10,000 Per Month Code: 23700Bull Market Dangers Code: 63956Bitcoin's Greatest Bull Markets: The Biggest Price Surges in History | Part 3 of 6 | MemeFi Code: 57823Before You Invest in Crypto, Watch Out for These Deadly Scams | Part 1 of 5 | MemeFi Code: 34669Crypto Gold Rush 2024? Signs of the Next Bull Market Are Here! | Part 4 of 6 | MemeFi Code: 48675How to Make $10,000| Memegirls Code: 45688Passive income in Crypto Code: 95146Why You Keep Losing Money in Crypto - Fix It NOW! | Part 1 of 7 Code: 115295 Steps to Start Your First Business Code: 98213Gaming for Cash: How dApps Turn Your Skills into Crypto | Part 3 of 5 Code: 31954Best Secrets of Successful Entrepreneurs Code: 99335The Best Beginner Trading Strategies Explained – Don't Miss Out! | Part 2 of 7 Code: 85554The MOST Profitable Tap-to-Earn Games in Telegram App in 2025 Code: 42622How to Start a Business from Nothing | MemeGirls Code: 41323How to Automate Crypto Profits: Yearn Finance vs. Alchemix | Part 4 of 5 | MemeFi Code: 14287Own Property Digitally Code: 75612How to Earn $5,000 per month with Telegram Code: 42681Can
-
- Trump-Led Rally Wanes as Investors Eye Powell Speech, Mixed Inflation Data
- Nov 15, 2024 at 04:10 am
- Signs of a waning Trump-led rally emerged Thursday as investors assessed the economic outlook and awaited potential signals on the interest-rate path from the upcoming Fed Chair Jerome Powell‘s speech in Dallas at 3 p.m. ET.
-
- BIT Mining Invests in Prosper, a Decentralized Protocol Connecting Institutional-Grade Bitcoin Mining Power On-Chain
- Nov 15, 2024 at 04:10 am
- Prosper, a decentralized protocol that connects institutional-grade Bitcoin mining power on-chain is set to unleash Bitcoin's full potential through liquidity farming.