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Why Trump-Themed Coins are Crashing After US Election Results?

source-logo  coingape.com 07 November 2024 22:58, UTC

Donald Trump’s US election victory on Wednesday and the resulting euphoria failed to boost the price of Trump-themed memecoins, mostly due to so-called ‘sell the news’ trend. These tokens, which had seen significant gains earlier in the week, dropped by double digits following his win.

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