Key Takeaways:
- Former President Donald Trump survived an assassination attempt at a rally in Butler, Pennsylvania, which significantly impacted Trump-themed cryptocurrencies and election odds on prediction markets.
- The largest Trump memecoin, MAGA (TRUMP), surged over 30%, and its market capitalization increased dramatically, with other Trump-themed memecoins like Tremp (TREMP) and MAGA Hat (MAGA) also experiencing notable spikes.
- Trump’s election odds on the Ethereum-based prediction market Polymarket rose from 60% to 68%, while President Joe Biden’s odds fell sharply. Trump has recently shown support for digital assets, promising to end the Biden administration’s “war on crypto” if elected.
Former President Donald Trump survived an assassination attempt during a rally in Butler, Pennsylvania, which caused a significant impact on Trump-themed cryptocurrencies and his election odds on prediction markets.
The largest Trump memecoin, MAGA (TRUMP), surged over 30%, and its market capitalization increased dramatically.
Donald $TRUMP: "Let me get my shoes" like a badass! pic.twitter.com/TI6RIzem1h
— MAGA Memecoin (@MAGAMemecoin) July 13, 2024
Other Trump-themed memecoins like Tremp (TREMP) and MAGA Hat (MAGA) also saw notable spikes.
Trump’s election odds on the Ethereum-based prediction market Polymarket rose from 60% to 68%, while President Joe Biden’s odds fell sharply.
Trump, previously critical of cryptocurrencies, has recently shown support for digital assets, promising to end the Biden administration’s “war on crypto” if elected.
About The Author
Efe Bravo, a seasoned journalist, delivers compelling insights into the cryptocurrency and blockchain industry.
His articles offer a deep dive into the latest trends, projects, and technological advancements shaping the future of digital finance.
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