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Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-performing cryptocurrency over the last 12 months, boasting a 98,352.40% increase.
TRUMP Meme Coin Skyrockets Post-Libertarian National Convention Speech
Meme coins have been a hit this year, and the digital currency named after Donald Trump has experienced significant gains over the past year. On May 26, following Trump’s speech at the Libertarian National Convention, the meme coin maga (TRUMP) jumped 31.7% against the U.S. dollar in the last 24 hours. In the past two weeks, TRUMP has increased by 80.5%, and over the last month, it has risen by 113.2%.
Moreover, 12-month metrics reveal TRUMP’s staggering 98,352.40% gain against the dollar. The TRUMP token reached an all-time high (ATH) on May 26, hitting $11.81 per coin, and since then, it has declined by 0.8% from the ATH. Trump holds 579,290 TRUMP worth $6.69 million, and the stash airdropped to the former President’s wallet gained $1.6 million in the past day.
It will be interesting to see how these presidential coins perform over time and leading up to the election. While the TRUMP token is up more than 30%, geo (BODEN), the token named after President Joe Biden, is down 4.5% today. Another meme coin associated with Trump’s campaign branding, maga hat (MAGA), rose 80% over the past day.
What do you think about TRUMP coin reaching its ATH and rising over 30% following the Libertarian convention? Share your thoughts and opinions about this subject in the comments section below.