Here’s why Trump crypto coins like DJT and MAGA are soaring
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 28 2024Trump-themed Crypto Rally: Following Donald Trump's successful rally in New York, various Trump-themed cryptocurrencies experienced significant gains, with DOGE rising by 50% and MAGA increasing by 23%, amidst a surge in interest in meme coins.
Election Predictions and Risks: Prediction markets show Trump with a strong chance of winning the upcoming election; however, analysts warn that these predictions may be influenced by a few individuals and traditional polls indicate a close race, suggesting potential volatility for crypto tokens post-election.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
