Meme coins, popular for their speculative nature, have had a good week as cryptocurrency took center stage in the ongoing US Election campaigns.
Mentions of Donald Trump across crypto-related social media soared this week after public declaration to support meme coins. Market capitalization of meme coin top 50 soared by 10% this week as sector’s speculative assets record May rebound.
Trump and Jeo Boden stood out, with BODEN trending as traders fear anti-crypto policies of current US President. Between Democrats, led by President Joe Biden, and Republicans, led by former President Donald Trump, digital assets displayed heightened volatility with traders enjoying the sector as a global shill for speculative liquidity.
Donald Trump addresses his stance on #Crypto I'm good with it - Trump ️#Bitcoin #BTC $BTC pic.twitter.com/9J9nzJScBq — Kevin Svenson May 9, 2024 Trump said, We'll stop it because I don't want that, adding If we're going to embrace it, we have to let them be here. Trump also urged anyone who favors crypto to vote for him. He took jabs at Jeo Boden a meme coin the pokes fun at President Joe Biden. His attack on the value of this coin saw it skyrocket to the day’s top gainers.
Trump , Turbo , Ponke , and Solana-based Myro enjoyed a rebound while the broader market struggled when Bitcoin price slipped below $63,000. The top 50 #memecoins have collectively grown their market caps by +10% in the past week as #crypto and speculative #altcoins have enjoyed this May rebound. Top 24-hour performers include: @magacoincrypto $TRUMP +50% @turbotoadtoken $TURBO +38% @ponkesol $PONKE… pic.twitter.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Solana meme coins TREMP, BODEN rise after Donald Trump’s pro-crypto stanceA Solana-based meme coin Doland Tremp (TREMP) posted over 100% gains on Thursday, before pulling back to $0.6750.
Read more »
Donald Trump’s Comments on Crypto Cause Massive Pumps in These Meme CoinsCrypto Blog
Read more »
Meme Coin Bloodbath: Base, Solana Meme Cryptos DecimatedBase (BASE) meme coins are yet again among worst-performing tokens, together with Solana's meme cryptos
Read more »
SNUKE Meme Coin Launches Presale, Is This The Next Solana Meme Coin To ExplodeCrypto Blog
Read more »
SNUKE Meme Coin Launches Presale, Is This The Next Solana Meme Coin To ExplodeSNUKE Meme Coin Launches Presale, Is This The Next Solana Meme Coin To Explode
Read more »
Donk.Meme Launches Presale As The Solana Meme Project Readies For Raydium ListingCrypto Blog
Read more »