Comment on Trump memecoins are restless amid Republican victory

Trump memecoins are restless amid Republican victory

Republican presidential candidate Donald Trump has won the US Presidential election and memecoins referencing him have seen increased volatility. The price of the MAGA (TRUMP) memecoin oscillated between $2.85 and $4.74 over the last 24 hours. The 24 hour high is over 66% higher than the low, but the coin still managed to be 21% down over the last 24 hours and trade at $2.75 at the time of writing. President Trump MAGA (TRUMPMAGA) saw even greater volatility, but in mostly just a single direction.

 

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