TRUMP coin rebounds after Trump conviction dip

Full story: https://grafa.com/news/trump-coin-rebounds-after-trump-conviction-dip-229481

Following a guilty verdict on 34 felony counts related to falsifying business records to conceal a hush money payment to Stormy Daniels, the value of the meme coin associated with Donald Trump, MAGA (CRYPTO:TRUMP), took a significant hit, dropping 16%.

This case, now moving towards sentencing, saw more than $130 million erase from the token's market cap in just 20 minutes, falling from $13.48 to $11.27.

In the aftermath, however, the MAGA (TRUMP) token witnessed recovery despite the initial plummet.

Simultaneously, the meme coin linked to Joe Biden, Jeo Boden (CRYPTO:BODEN), who is considered Trump's political adversary, experienced a surge.

It rallied by 6.4% within the first 15 minutes before facing a subsequent downturn.

This movement in meme coin valuations reflects the immediate impact of political events on cryptocurrency markets, particularly those tokens tied to public figures and their controversies.

Trump Found Guilty! How Will This Affect US Election?

In the criminal trial over hush money payments involving former President Donald Trump, the jury took only two days to reach a historic verdict: guilty on all 34 counts. This outcome marks a victory for Manhattan District Attorney Alvin Bragg, the first prosecutor in the United States to bring criminal charges against a former president. -------------- How will the verdict affect US election this year? Can Trump be elected after this sentence? Who is the possible winner of election?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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How Will This Affect US Election?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":12748955b71e4b0f84f868d532340ed4}&rnconfig={\"headerBarHidden\": true}","description":"In the criminal trial over hush money payments involving former President Donald Trump, the jury took only two days to reach a historic verdict: guilty on all 34 counts.\nThis outcome marks a victory for Manhattan District Attorney Alvin Bragg, the first prosecutor in the United States to bring criminal charges against a former president.\n--------------\nHow will the verdict affect US election this year?\nCan Trump be elected after this sentence?\nWho is the possible winner of election?","image":"https://community-static.tradeup.com/news/664c711948932a5ac4731c955cbf3d0b"}],"images":[],"coverImages":[],"title":"TRUMP coin rebounds after Trump conviction dip","html":"<html><head></head><body><p class=\"t-img-caption\"></p>\n<p>Full story: <a href=\"https://grafa.com/news/trump-coin-rebounds-after-trump-conviction-dip-229481?utm_source=ttmfinancial&amp;medium=social&amp;campaign=229481&amp;referralcode=A314DFDBE96C354756A893C6E3E02493\">https://grafa.com/news/trump-coin-rebounds-after-trump-conviction-dip-229481</a></p>\n<p>Following a guilty verdict on 34 felony counts related to falsifying business records to conceal a hush money payment to Stormy Daniels, the value of the meme coin associated with Donald Trump, MAGA (CRYPTO:TRUMP), took a significant hit, dropping 16%.</p> \n<p>This case, now moving towards sentencing, saw more than $130 million erase from the token's market cap in just 20 minutes, falling from $13.48 to $11.27.</p> \n<p>In the aftermath, however, the MAGA (TRUMP) token witnessed recovery despite the initial plummet.</p> \n<p>Simultaneously, the meme coin linked to Joe Biden, Jeo Boden (CRYPTO:BODEN), who is considered Trump's political adversary, experienced a surge.</p> \n<p>It rallied by 6.4% within the first 15 minutes before facing a subsequent downturn.</p> \n<p>This movement in meme coin valuations reflects the immediate impact of political events on cryptocurrency markets, particularly those tokens tied to public figures and their controversies.</p></body></html>","htmlText":"<html><head></head><body><p class=\"t-img-caption\"></p>\n<p>Full story: <a href=\"https://grafa.com/news/trump-coin-rebounds-after-trump-conviction-dip-229481?utm_source=ttmfinancial&amp;medium=social&amp;campaign=229481&amp;referralcode=A314DFDBE96C354756A893C6E3E02493\">https://grafa.com/news/trump-coin-rebounds-after-trump-conviction-dip-229481</a></p>\n<p>Following a guilty verdict on 34 felony counts related to falsifying business records to conceal a hush money payment to Stormy Daniels, the value of the meme coin associated with Donald Trump, MAGA (CRYPTO:TRUMP), took a significant hit, dropping 16%.</p> \n<p>This case, now moving towards sentencing, saw more than $130 million erase from the token's market cap in just 20 minutes, falling from $13.48 to $11.27.</p> \n<p>In the aftermath, however, the MAGA (TRUMP) token witnessed recovery despite the initial plummet.</p> \n<p>Simultaneously, the meme coin linked to Joe Biden, Jeo Boden (CRYPTO:BODEN), who is considered Trump's political adversary, experienced a surge.</p> \n<p>It rallied by 6.4% within the first 15 minutes before facing a subsequent downturn.</p> \n<p>This movement in meme coin valuations reflects the immediate impact of political events on cryptocurrency markets, particularly those tokens tied to public figures and their controversies.</p></body></html>","text":"Full story: https://grafa.com/news/trump-coin-rebounds-after-trump-conviction-dip-229481 Following a guilty verdict on 34 felony counts related to falsifying business records to conceal a hush money payment to Stormy Daniels, the value of the meme coin associated with Donald Trump, MAGA (CRYPTO:TRUMP), took a significant hit, dropping 16%. 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