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Cryptocurrency News Articles
Trump-Inspired Memecoins Pare Gains as Shares of Nasdaq-Listed Trump Media Slip
Jun 11, 2024 at 04:15 am
Trump-inspired memecoins MAGA (TRUMP), MAGA Hat (MAGA) and Super Trump (STRUMP) pared some of their recent gains as shares of Nasdaq-listed Trump Media slipped on Monday.
Memecoins inspired by former US President Donald Trump, namely MAGA (TRUMP), MAGA Hat (MAGA) and Super Trump (STRUMP), pared some of their recent gains on Monday as shares of Nasdaq-listed Trump Media slipped.
Despite remaining the top trending tokens in the world of politics-inspired memecoins, TRUMP, MAGA and STRUMP were trading lower in afternoon trading.
CoinMarketCap data showed that MAGA Hat’s price was down by over 15% in the past 24 hours.
Meanwhile, TRUMP and STRUMP had cut their recent gains to -8.3% and -4.4% in the past week, respectively. Both tokens were also down in the past 24 hours, with a spike in volatility pushing their prices to $13.74 and $0.02239, respectively.
Trump Media stock slips as company files updated S-1 form
Shares of Trump Media (DJT) fell by over 7% in early trading on Monday, reaching lows of $41.13 at the time of writing. This follows the company’s filing of a reaudited financial report.
Trump Media, which is majority-owned by the former US president, disclosed in the filing that the company engaged Semple, Marchal & Cooper, LLP, for the reaudit.
The U.S. Securities and Exchange Commission recently charged Trump Media’s former auditor with fraud.
Trump-inspired memecoins slip from recent highs
At their peaks, TRUMP traded at an all-time high of $17.51 (on June 1, 2024), while STRUMP hit an ATH of $0.02928 on June 2. MAGA Hat reached $0.0007379 on May 27.
The massive volatility that pushed these tokens to new highs came as the market reacted to former US President Donald Trump’s increasing embrace of crypto.
Other than his more crypto-friendly tone and promises, recent events around the ex-president also contributed to the surge in memecoins and his wallet hauls.
In fact, Trump’s crypto holdings soared to millions of dollars as top PolitiFi tokens surged. The response to Trump’s guilty verdict in New York saw memecoins like Never Surrender (TRUMP) and FreeTrump (TRUMP) skyrocketing.
According to blockchain security firm Arkham Intelligence, the crypto wallet linked to Donald Trump hit over $30 million as memecoin donations surged.
The price declines have however seen the wallets linked to the 2024 Republican Party presidential candidate shrink in total value of holdings.
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- 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.
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- 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
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- 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.
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- BIT Mining Invests in Prosper, a Decentralized Protocol Connecting Institutional-Grade Bitcoin Mining Power On-Chain
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