Trump Coins Rocket as Biden Steps Down – Keep an Eye on This Meme Coin
Many Trump coins are surging today after incumbent President Joe Biden’s decision yesterday to step out of the running for the 2024 U.S. presidential elections.
As previously reported by Cryptonews, the announcement had a negative impact on the price of Jeo Boden ($BODEN), the largest Biden parody coin.
As of this writing, $BODEN lost a staggering 58% of its price in the last 24 hours.
Unsurprisingly, several Trump coins are reaping the rewards. Super Trump ($STRUMP) added 6.6% overnight to trade at $0.01351, while Pepe Trump ($PTRUMP) bags swelled 19% as the token climbed to $0.001137.
However, the biggest Trump coin, the $313 million market cap MAGA ($TRUMP) is trading against the grain with overnight losses of 3.8% as it changes hands at $6.79.
The biggest winner from the news cycle though is undoubtedly Kamala Horris ($KAMA).
The meme coin parody of Democrat Vice President Kamala Harris had slowly been gaining traction over the last few weeks, especially after one savvy trader managed to turn a $960 purchase into $77,829, generating returns of ~8,100%.
Now, as Biden stepped out of the running, he nominated his VP Harris to be the new Democrat Presidential candidate. This in turn has had a positive effect on $KAMA, ballooning the token 48% overnight to $0.01602.
Beyond election fever, another seminal event is likely to shape the meme coin landscape this year.
The 2024 Paris Olympics meets Meme Coin mania in a new token called The Meme Games ($MGMES).
Those who buy $MGMES tokens now are prompted to select their favorite meme coin avatar, between Dogecoin, Pepe, DogWifHat, Brett and Turbo and watch them race for a chance to claim a 25% bonus on their initial purchase.
$MGMES is currently selling via the presale website at a fixed
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