Trump-Themed Memecoin MAGA Surges 60% in a Week Amid Trump’s Remarks

• Trump-themed memecoin rises 60% despite crypto market pessimism.
• TRUMP token breaks resistance and hints at bullish rally potential.
• Bullish indicators suggest the TRUMP token may continue an upward trend.

Despite the pessimistic sentiment prevailing in the global cryptocurrency terrain, the Trump-themed memecoin MAGA (TRUMP) has astonishingly ascended by 60% in the last week. This remarkable rise coincides with statements made by Republican presidential contender Donald Trump concerning digital currencies.

These remarks were delivered at a dinner soirée on May 8 at Mar-a-Lago, where Trump convened supporters who had acquired non-fungible tokens (NFTs) from his “Mugshot Version” collection. At the gathering, Trump also declared his acceptance of cryptocurrency contributions for his presidential campaign.

TRUMP/USD 24-Hour Chart (Source: CoinStats)

As of press time, the TRUMP token is valued at $7.50, a 23.81% ascent from the preceding day. This noteworthy escalation in value has concurrently influenced the token’s market capitalization, which has amplified by 23.86% and is now standing at $329,603,686. This increment positions the TRUMP token a…

The post Trump-Themed Memecoin MAGA Surges 60% in a Week Amid Trump’s Remarks appeared first on Coin Edition.