LBank Market Trend Analysis: LBank Lists Multiple Trump-Themed Meme Coins
A number of Trump-themed meme coins also rallied following the recent incident.
Key Takeaways
- Following the shooting incident, BTC surged to a high of $63,000, marking a 24-hour increase of 5.2%.
- - Trump-themed meme coins are trending, and LBank is dedicated to becoming the most comprehensive exchange for Trump-themed MEME coins.
- Assets linked to the U.S. Republican candidate Donald Trump’s probability of winning the Nov. 4 elections are seeing renewed volatility following an attempted assassination of the former president on Saturday.
- According to Polymarket, Trump’s odds for the 2024 presidential election have reached a record high of 71%, whereas Biden’s odds have decreased significantly. After a lackluster debate performance, Biden’s chances dropped from 34% to 18%.
- Bitcoin has rallied 5.2% to $63,000 since the weekend attack within 24 hours. But Bitcoin’s gains look incredibly modest compared to the largest meme coins inspired by Trump, all of which saw dramatic price jumps after the news broke, especially Trump-themed meme tokens like $MAGA and $TRUMP, symbolizing the intersection of politics and finance, have also seen significant surges.
The concept token $FIGHT, related to the “Trump Attack Incident” on the Solana blockchain, has been listed on LBank as of July 15th. Over the past 24 hours, it surged by 214.20%, briefly breaking through $0.015, and has since retraced, currently trading at $0.011087.
The Trump-themed meme token $TRUMP was listed on LBank on April 3rd and saw a peak increase of 14 times its value. Influenced by the Trump assassination incident, it surged by 52.4% on July 14th, briefly breaking through $9.7. It has since retraced and is currently trading at $7.9432.
The Trump-themed meme coin $MAGA was listed on LBank on May 20th. Influenced by the Trump assassination attempt, it saw a 23% increase on July 14th, briefly breaking through $0.000235. The price has since retraced and is currently trading at $0.0001963.
Meme coins themed around Trump’s campaign rally shooting continue to emerge in the crypto market, garnering attention amid the evolving stance on cryptocurrencies in the U.S. elections.
LBank advises caution as meme coin prices are highly volatile, urging investors to exercise careful consideration before making investment decisions. This text provides information but does not constitute investment advice.
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