![Donald Trump memecoin spikes 52% following assassination attempt Donald Trump memecoin spikes 52% following assassination attempt](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvODZhYTAxMjEtYzg3Ny00MTBkLThiNTMtNjExZDBmNTM5YmViLmpwZw==.jpg)
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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Author: Tom Mitchelhill