Political Meme Coins Soar as Trump’s Victory Triggers Massive Gains in 2024

Trump's Election Sparks Push for Crypto Reforms and Tokenized Collateral
  • Peanut the Squirrel (PNUT) surged 14.30%, with $1.72B market cap and high liquidity, reflecting strong trading activity.
  • MAGA’s (MAGA) price skyrocketed 400.00%, showing bullish momentum despite low trading volume, signaling speculative interest.
  • American True Hero saw a massive 1432.25% increase, with $4.05M volume and high turnover, indicating intense investor demand.

Peanut the Squirrel (PNUT), Triumph of MAGA (MAGA), MAGA PEOPLE, Crypto Emperor Trump, and American True Hero are making waves in the crypto market with explosive price surges. PNUT has gained 14.30%, while MAGA skyrocketed by 400.00%. MAGA PEOPLE saw a 132.22% rise, and Crypto Emperor Trump grew by 217.47%. The standout is American True Hero, which surged an astounding 1432.25% in just 24 hours. These tokens are capturing significant attention, showcasing strong market movements and a mix of volatility and investor interest.

Peanut the Squirrel(PNUT) Climbs Higher: PNUT Gains 14.30% in 24 Hours

Source: Coinmarketcap

The price movement of the cryptocurrency “Peanut the Squirrel” (PNUT) is trading at $1.82, an increase of 14.30% over the past 24 hours. The market cap is $1.84 billion, with a 24-hour trading volume of $1.50 billion and strong liquidity, reflected in a volume-to-market cap ratio of 86.81%. The total and circulating supply are nearly identical, suggesting most of the tokens are actively traded. The price action demonstrates significant daily volatility, with a notable dip in the early hours followed by a strong recovery and an upward trend toward the close.

Triumph of MAGA(MAGA) Rockets 400.00%: Speculation Drives Massive Surge

Source: Coinmarketcap

 The cryptocurrency “Triumph of MAGA” (MAGA) experienced a massive surge, increasing by 400.00% to a current price of $0.01599. The market cap is $751.39 million, with a relatively low 24-hour trading volume of $22.02 million, giving a volume-to-market cap ratio of only 2.96%, indicating modest trading activity compared to its market size. The price chart demonstrates a consistent and rapid upward trend throughout the day, suggesting strong bullish momentum and potential speculative interest. The total and circulating supply are reported as 47 billion MAGA tokens, with no evident supply constraints affecting price dynamics.

MAGA(PEOPLE) Surges Over 132% Amid Rising Investor Demand

Source: Coinmarketcap

The graph illustrates a significant price increase for the cryptocurrency “MAGA PEOPLE” within a 24-hour period, showing a growth of 132.22%, bringing its value to $0.01911. The chart indicates a consistent upward trajectory, with noticeable gains throughout the day. Supporting metrics show a market capitalization of $9.55 billion and a trading volume of approximately $227,970, which represents a 39.42% decrease in volume compared to prior periods. The total supply and circulating supply remain constant at 500 billion tokens. This surge suggests heightened investor interest or external factors influencing its demand.

Crypto Emperor Trump(TRUMP) Sees 217% Growth Despite Trading Volume Dip

Source: Coinmarketcap

The graph depicts a substantial price increase for the cryptocurrency “Crypto Emperor Trump” over a 24-hour period, reflecting a growth of 217.47%, bringing its value to $0.5589. The consistent upward trend is evident throughout the day, indicating sustained investor interest or influential external factors. The cryptocurrency appears to have significant market weight with a market capitalization of $49.13 billion and a total and circulating supply of 88.02 billion tokens. The trading volume within 24 hours stands at $15.07 million, showing a 21.47% decline compared to earlier activity. Despite the surge, the presence of a cautionary note regarding potential risks advises investors to proceed carefully.

American True Hero(TRUMP) Skyrockets 1424%: A Breakout Day for Microcap Crypto

Source: Coinmarketcap

The graph shows a dramatic increase in the value of the cryptocurrency “American True Hero,” which surged by 1424.25% over the past day, reaching $0.00005414. The upward trend reflects a sharp rise in demand throughout the day, with slight fluctuations but overall growth. The market capitalization stands at $1.99 million, with a fully diluted valuation of $2.30 million. Trading volume over 24 hours reached $4.05 million, representing a significant turnover with a volume-to-market cap ratio of 189.02%. 

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