MAGA Coin Surges 20% After Elon Musk X-Post Referencing Donald Trump\'s Slogan
In the past day, the value of MAGA, Donald Trump's memecoin, has skyrocketed. In the last 24 hours, MAGA's price has risen 20.22%, reaching $7.08 as of this writing.
Donald Trump's memecoin, MAGA, has seen a 20.22% increase in value, reaching $7.08 after an X post by Elon Musk, the owner of the platform, referencing “Make America Greater Again.”
Elon Musk's Influence
Over the past day, the token has seen a remarkable rise in value. In the last 24 hours, MAGA's price has gone up by 20.22%, reaching $7.08 at press time, according to data from CoinGape.
The memecoin's rise in value comes as X owner Elon Musk posted a message with the tagline "Make America Greater Again."
The post was likely a reference to the upcoming election in the country as the candidates prepare for the campaign. Musk's support for Trump as president is a topic that has been covered extensively by the media.
Speculation Continues
A few weeks ago, it was reported that the Tesla CEO denied endorsing any candidate for president, but speculation continued that he would support the 45th president of the United States.
Musk later made a "sizable" donation to a PAC that was working to get Trump re-elected as president. The large gift made it difficult to deny their connection.
Elon Musk expressed his support for Donald Trump as president shortly after he narrowly escaped an assassination attempt. In a message he posted on X, he wished Donald Trump a speedy recovery and said he supports Trump. "He is a better choice for the crypto industry and can ensure fairer treatment," the post on X by Justin Sun, founder of Tron, stated.
Market Reaction
At the time, the crypto market reacted surprisingly well to the news of Trump being stabbed. The value of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and others increased at a moderate pace.
More significantly, the price of MAGA rose by over 50%, reaching $8.27 before falling.
The Trump memecoin is currently trading at a price that is around 16% lower than its all-time high.
The above is the detailed content of MAGA Coin Surges 20% After Elon Musk X-Post Referencing Donald Trump\'s Slogan. For more information, please follow other related articles on the PHP Chinese website!
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
Notepad++7.3.1
Easy-to-use and free code editor
SublimeText3 Chinese version
Chinese version, very easy to use
Zend Studio 13.0.1
Powerful PHP integrated development environment
Dreamweaver CS6
Visual web development tools
SublimeText3 Mac version
God-level code editing software (SublimeText3)
Hot Topics
1676
14
1429
52
1333
25
1278
29
1257
24
Metaplanet Expands Its Bitcoin Treasury Holdings by Another 319 BTC
Apr 15, 2025 am 11:20 AM
In an announcement made earlier today, Japanese firm Metaplanet revealed it has acquired another 319 Bitcoin (BTC), pushing its total corporate holdings beyond 4,500 BTC.
Bitwise Announces the Listing of Four of Its Crypto ETPs on the London Stock Exchange (LSE)
Apr 18, 2025 am 11:24 AM
Bitwise, a leading digital asset manager, has announced the listing of four of its crypto Exchange-Traded Products (ETPs) on the London Stock Exchange (LSE).
As Binance Coin (BNB) Gains Momentum Toward a $1,000 Breakout, New Altcoin RCO Finance (RCOF) Is Stirring Conversations
Apr 15, 2025 am 09:50 AM
As Binance Coin (BNB) gains momentum toward a $1,000 breakout
Central banks across the world are ramping up their gold purchases
Apr 15, 2025 am 11:00 AM
According to a report by The Kobeissi Letter on X, mentioning data from IMS IFS and the Global Gold Council, nations accumulated 24 tonnes of gold in February
Movement Labs and the Movement Network Foundation have launched an independent investigation into recent market-making irregularities related to the MOVE token.
Apr 16, 2025 am 11:16 AM
nt Labs and the Movement Network Foundation Launch Independent Investigation into MOVE Token Market-Making Irregularities
Bitcoin (BTC) drifts upwards as the broader market adjusts favorably to trade-related news
Apr 15, 2025 am 11:14 AM
The largest cryptocurrency was up 1.6% in the last 24 hours and is now trading just shy of $85,000. Ether (ETH), meanwhile, rose 2.7%
![A wave of capital is flowing out of Ethereum [ETH] and into Tron [TRX]](https://img.php.cn/upload/article/001/246/273/174477326297054.jpg?x-oss-process=image/resize,m_fill,h_207,w_330)
A wave of capital is flowing out of Ethereum [ETH] and into Tron [TRX]
Apr 16, 2025 am 11:14 AM
With $1.52 billion in stablecoins migrating to Tron, investors appear to be favoring lower-cost chains and diversifying beyond traditional USD-backed assets.
The Pi Network token price has increased by more than 14% over the past week.
Apr 16, 2025 am 11:22 AM
As of press time, Pi is trading at $0.6711 after its integration with Chainlink on April 12th. The announcement caused a surge in the price of Pi