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Donald Trump memecoin spikes 52% following assassination attempt

Trump's election odds on prediction markets and several other Trump-themed memecoins soared following an assassination attempt on the former president while he was speaking on stage at a rally in Butler, Pennsylvania.

The price of the largest Donald Trump memecoin MAGA (TRUMP) surged more than 30% following an assassination attempt on the former President while he was speaking on stage at a rally in Butler, Pennsylvannia. 

The Ethereum-based MAGA memecoin (TRUMP) spiked rapidly from a price of $6.31 to $10.36 immediately following the assassination attempt, seeing its total market capitalization jump from $293 million to $469 million in less than 45 minutes, per DexScreener data.

The price of several other Trump-themed memecoins also rallied on the news.

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