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US President Meme Coin Trend, Donald Trump's Most Wanted Crypto

Liputan6.com, Jakarta – The Donald Trump-themed cryptocurrency was flooded with high demand, as the United States president's meme coin trend continued to grow significantly this week.

Launch News.bitcoin.comThursday (30/5/2024) the meme coin nicknamed 'maga (TRUMP)' reached its peak value at USD 15.45 per coin in trading Wednesday 29 May 2024. This increase in demand for TRUMP has increased TRUMP crypto holdings to USD 8, 06 million.

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But maga (TRUMP) is not the only meme coin to capitalize on the former president's name and brand. Another token, super trump (STRUMP), also saw a 20% increase over the past day, now pegged at USD 0.014 per coin.

ERC20-based STRUMP also hit an all-time high on Wednesday (29/5), reaching USD 0.02298, but has since dropped more than 37%.

“THE DONALD TRUMP MAGA rune has now been minted at 88.4% and is the 7th most printed Rune,” said Ordinals and Runes explorer platform Ord.io

Currently, Rune-based MTDT is the fourth most traded Rune token by volume on the Ord.id Runes protocol market.

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This valuation gives MTDT a market capitalization of USD 1.59 million. It is uncertain how these tokens will perform leading up to and after the 2024 elections, depending on the results.

Apart from TRUMP, other meme tokens that use the names Joe Biden and Robert F. Kennedy Jr. is also growing rapidly amidst the trend of US presidential meme coins.

However, nothing has matched the performance of TRUMP, which is up 123.373% from its all-time low of USD 0.01136 per coin.

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Disclaimer: Every investment decision is in the hands of the reader. Study and analyze before buying and selling Crypto. Liputan6.com is not responsible for profits and losses arising from investment decisions.

US President Meme Coin Trend, Donald Trump's Most Wanted Crypto

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