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Home»ADOPTION NEWS»Trump-centric Mimecoin Rising Ahead of Musk Interview with X
ADOPTION NEWS

Trump-centric Mimecoin Rising Ahead of Musk Interview with X

By Crypto FlexsAugust 12, 20243 Mins Read
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Trump-centric Mimecoin Rising Ahead of Musk Interview with X
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Market • August 12, 2024 4:41 PM EDT

Posted 1 minute earlier ~ in

Former President Donald Trump and billionaire Elon Musk spent time promoting a live interview scheduled for Monday night at 8 p.m. ET. As anticipation builds, several Trump-centric MME coins have traded higher over the past 24 hours.

Mark

+46.12%
(ticker: erase

+15.51%
) — the largest Trump-backed coin by market cap — was up 10.6% at press time, trading at $3.41. Meanwhile, MAGA Hat (MAGA) was up 42% at $0.00007955. Maga: Fight for Trump (TRUMPCOIN) was up 33.5% at $0.00801.

Other tokens that are trading higher in the 10-15% range include Doland Tremp (TREMP), Dark MAGA (DMAGA), and FreeTrump ($TRUMP).

The total PolitiFi market cap is $606 million. This sub-sector is tracked by CoinGecko and the token is not officially affiliated with any politician.

The Republican presidential candidate changed his tune this year and embraced the crypto community while running for reelection. Last week, Trump’s two sons hinted at an announcement related to the world of cryptocurrencies and decentralized finance (DeFi). Soon after, Donald Trump Jr. clarified that the hint had nothing to do with Mimecoin.

“There are a lot of people doing great things. I love Mimecoin and the culture. I love what they do with my friends. It’s really great,” Don Jr. said.. “But I have to make sure people understand that you can’t confuse one thing with the other.”

Trump, who had been silent for years in the lead-up to the Musk interview, began using his X (formerly Twitter) account on Monday.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

About the Author

Jason is the U.S. News Editor for The Block. He previously worked as a staff writer and later as an editor at Benzinga, a financial news and data company. He led Benzinga’s daily market coverage and the publication’s expansion into cannabis, cryptocurrency, and sports betting verticals. He holds a bachelor’s degree in journalism from Central Michigan University and lives in suburban Detroit, Michigan. Follow him on X @JasonShubnell.

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