Trump's MAGA Coin has surged 7%, even after the former president's conviction in a hush money trial. This cryptocurrency, themed around Donald Trump, saw a sharp initial dip but quickly rebounded, outperforming major cryptocurrencies like Bitcoin and Ethereum, as well as top memecoins like Dogecoin. Meanwhile, the coin parodying Joe Biden experienced a 10% decline. Additionally, Trump Digital Trading Cards NFTs showed strength, with their floor price increasing. Analysts attribute the strong performance of Trump-linked assets to his pro-cryptocurrency stance and speculate on potential policy changes if he returns to office.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
