MAGA Attempts Recovery After Flash Crash Following Trump Guilty Verdict
MAGA (TRUMP), the largest altcoin linked to the former president, plummeted to a low of $10.86 over the past 24 hours. After he was found guilty, the altcoin went ballistic and was able to set a new all-time high (ATH) at $17.23. But its rollercoaster price movements continued, with TRUMP dropping 21% from its new peak.
The wild fluctuations of the MAGA price came after Trump was found guilty of falsifying business records and concealing documents relating to hush money paid to adult entertainment star Stormy Daniels. Following the guilty verdict, the case will now proceed to sentencing.
KENIDY And PTRUMP Among The Biggest Gainers
Trump is winning – at least the Political Meme Token race!
Explore the list of Political Meme Tokens fueling the rivalry 👇https://t.co/8tTf8nVYSU pic.twitter.com/rWbFOZTAi2— CoinMarketCap (@CoinMarketCap) May 30, 2024
Meanwhile, Ruburt F Kenidy Jr (Kenidy) was among the top 5 gainers with its more than 22% surge. However, KENIDY’s recent gain was not enough to push the meme coin’s weekly performance out of the red zone.
