Another Trump-Themed Cryptocurrency Sees Major Gains

June 5, 2024 8:34 am Comments

Since Trump’s election in 2016, a plethora of Trump-themed cryptos have hit the market.

The majority of the Trump-themed coins are examples of the classic pump-and-dump opportunities by bad actors.

Last week, another Trump-themed coin went viral on social media after it experienced a 10,000% gain.

YoungTrump experienced a major boom after former President Trump was found guilty in his hush money trial.

Per Crypto News:

Crypto markets are bracing for the next US Presidential Election as the campaign shifts to focus on Bitcoin policy, and now, after Donald Trump was found guilty on all charges in the hush-money trial, PoliFi meme coin developers haven’t missed a bit with YoungTrump (TRUMP).

This article will provide an analysis of TRUMP’s current price trends and look to see whether an innovative new GameFi presale, PlayDoge (PLAY), represents a more promising investment opportunity at this time.YoungTrump exploded on the back of the news that Donald Trump has been found guilty of all charges related to the Stormy Daniel’s hush money trial, in what many in the MAGA crowd allege is a politically motivated witchhunt. TRUMP token’s consequent monster rally can, therefore, be attributed to a show of strength and support by MAGA-minded retail investors.

As TRUMP price stabilizes after a major price correction, Young Trump is currently trading at a market price of $0.000384 (representing a 24-hour change of +14,978%).With TRUMP price establishing a foothold above lower support in the accumulation zone between $0.00025 and $0.0004, it appears that the worst of the -65% price correction is being absorbed by steady buy pressure.

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