After an assassination attempt on former President Donald Trump at a rally in Butler, Pennsylvania, a Trump-themed memecoin surged by 52%, along with his election odds on prediction markets and other related memecoins.
Following an assassination attempt on former President Donald Trump during a rally in Butler, Pennsylvania, the price of the top Donald Trump memecoin, MAGA (TRUMP), rose over 30%.
According to DexScreener data, the Ethereum-based MAGA memecoin surged from $6.31 to $10.36 following the assassination attempt, with its market capitalization rising from $293 million to $469 million within 45 minutes.
Read this article to know how a DexScreener is used in copying trade.
Several other Trump-themed memecoins surged in price after the news. The Solana-based memecoin Tremp (TREMP) rose over 63% within an hour, and another memecoin named MAGA Hat (MAGA) briefly climbed 21% in the same period.
During a July 13 rally in Butler, Pennsylvania, shots were fired, prompting Trump to react by clutching his ear and dropping to the ground for safety as US Secret Service agents intervened. Trump raised his hand and shouted towards the crowd assuring them he was alright while he was immediately whisked off.
Related: Official GOP Platform Vows to Stop Crypto “Crackdown” under Trump
A Trump campaign spokesperson assured the Associated Press that the former president was “fine” after the incident and receiving medical treatment locally.
“President Trump thanks law enforcement and first responders for their quick action during this heinous act,” spokesman Steven Cheung said in a statement. “He is fine and is being checked out at a local medical facility. More details will follow.”
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