TRUMP and MAGA Surge After Heated Debate With Zelensky
Meme coins and Maga are worth a lot after Donald Trump made a televised argument with Ukrainian President Zelensky in the Oval Office. Maga was one of the initial meme coins after Trump, which was the first time moving upward in more than a month.
It’s impossible to determine exactly what caused traders to increase Maga nearly 10%, but it provides an interesting window into the meme coin space.
Meme Coins Spike collapses publicly as Trump and Zelensky
Donald Trump has one Dramatic impact on meme coin space When he pushes out his token, some things never change. Earlier today, Trump hosted Ukrainian President Volodymyr Zelensky at the White House Solve the ongoing war. However, things didn’t go as planned and were broadcast on TV debate Then:
“We are trying to solve the problem. Don’t tell us what we will feel. Because you don’t have the right to decide this, remember that. You allow yourself to be in a good position and you don’t have a card right now. You’re gambling on millions of people’s lives. You’re gambling with World War III!” Trump said when the dispute goes out of control.
Commentators discussed this argument and its potential impact on U.S.-Ukrainian relations and war.
Some senators are already Call up The meeting was “a complete and complete disaster” and questioned whether Trump and Zelensky could do business again. However, as Trump rose 8% there was an unexpected event in cryptocurrency:
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trump card, The President’s Official Meme Coin,once Steady decline this month. it A brief rebound in mid-February,help A new airdropbut otherwise it is still lim.
However, its rebound is not the most important factor to consider. Maga, a Trump-themed token, Jumped up Nearly 10% after Zelensky’s interview.
Maga is a completely informal product that has no affiliation with Trump or any of his colleagues. it several times During the election Fall down after victory After the official meme coins were launched, it dropped by nearly 100%.
American political development is affecting the meme coin market
Understandably, Trump fans would rallied behind him after his conversation with Zelensky. These price reactions show the minds of meme coin traders, especially those of Trump supporters.
Do these buyers expect this to be a wise investment? Or are they just trying to make an open belief for the politician they like? It might even be a cynical move to create a pump while this story dominates the headlines.
Ultimately, it is almost impossible to easily search for any of these tokens on social media due to their names. Therefore, allocating specific motivations is speculative.
However, Vitalik Buterin used to worry Political meme coins can be used for corruption, and New Congress proposal responds to this view.
Even if politicians are forbidden to create or endorse meme tokens, enterprising people may continue to create them.
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