Donald Trump-Linked Crypto Tokens Soar As Former President Survives Assassination Attempt

TL;DR

Several cryptocurrency tokens related to the former US president, who was shot hours ago, have exploded by double digits as he survived the assassination attempt.

More recent reports state that he has been released from a local hospital and returned to New Jersey.

The cryptocurrency space has its controversial moments and the constant creation of tokens related to global events are among them.

The current battle for the ultimate power position in the United States between the Republican candidate and former president Donald Trump and the current 46th president, Joe Biden, allowed developers to create several tokens related to both, whose value is often is affected by the events around them. .

CryptoPotato previously reported on the substantial price swings of larger-cap cryptocurrencies that followed the shooting, which included impressive gains for BTC, SOL and others.

However, Trump-related listings have seen even more significant increases. Maybe it’s because of the failed assassination attempt and Trump’s reaction immediately after he stood up and threw his hands up rather spectacularly.

As a result, MAGA (TRUMP) soared more than 30% on the news. Despite pulling back slightly since then, the token is still up 26% now, its market cap has soared to $370 million and it is currently the 167th largest crypto asset.

Another coin, (Donald Trump – TRUMP2024), created primarily for the ongoing presidential battle, shot up 40% in the same time period. DONALD TRUMP (DONALD) is another example of developers trying to take advantage of the current craze. So far it seems to be working as it is up 35% daily.

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