Meme Coin News: MAGA Coins Drop Following Donald Trump Assassination Attempt
Get your weekly, bite-sized digest of meme coin news, with a focus on MAGA coins this week.
This week read about:
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The meme coin market capitalization stands today at $49.3 billion, which is an 8.4% change in the last 24 hours.
The best performer in this time frame is BILLY. It’s up by 52% to the price of $0.1562.
LandWolf (WOLF) took the second place, having appreciated 44.2% to $0.0000585.
The rest are up 40% and below.
At the same time, very few coins are down today.
Spike (SPIKE) and Doland Tremp (TREMP) fell the most. SPIKE decreased by 29.1% to $0.01829, while TREMP dropped 18.3% to $0.4427.
As for the top 10 meme coins per market cap, all are green today.
TURBO increased the most, becoming the winner in this category. It appreciated nearly 17% to $0.0042.
TokenFi (TOKEN) also saw a double-digit increase: it’s up 12.9% to $0.07688.
The biggest meme coin in the space, Dogecoin (DOGE), is up 4.4%, currently trading at $0.11886.
The rest of this list is up between 3% and 6%.
Overall, it’s a good day for meme coins.
Except for the MAGA coins, that is.
Meme coins with the word ‘MAGA’ in their names have seen significant price declines over the past 24 hours.
MAGA Hat (MAGA) fell 23% in a day and Bridged MAGA (TRUMP) is down 21%, among others.
The most popular among these coins is MAGA (TRUMP).
While initially seeing a surge, its price fell nearly 12% in the past 24 hours, currently trading at $8.22.
MAGA 24-hour price chart:
That said, the coin is up 42.5% in a week and down 32% in a month.
MAGA’s highest price was $17.51, recorded on Jun 1. It fell 53% since.
The trading volume in this period is $26,188,802, representing a 38.1% decrease from yesterday.
Meanwhile, ‘MAGA’ stands for ‘Make America Great Again’ – the slogan
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