The price of Trump-focused meme coins shot up significantly over the last 24 hours. Some of the most popular of these coins printed huge gains for holders, capitalizing on the support that the 2024 presidential candidate has.
Meme coins based on the former president of the United States Donald Trump have witnessed significant gains in the past 24 hours and rallied by double digital as the billionaire is set to sit in a virtual interview with a probation officer from his home in Florida on Monday.
As per a report from the BBC, Trump’s appearance before the probation officer is part of his sentencing in the New York hush-money case, which made the entrepreneur the first US president and the first Republican candidate to be indicted in the country.
In the virtual meeting, Trump will be seated alongside his lawyer, Todd Blanche, and will be appearing from Mar-a-Lago, a resort and National Historic Landmark in Palm Beach, Florida. Additionally, the probation officer will be responsible for drafting a pre-sentencing report for Justice Juan Merchan, who is set to decide the future of the billionaire.
Martin Horn, former commissioner of the New York City Department of Corrections and Probation, told NBC News that “it is highly unusual for a pre-sentence investigation interview to be done over Zoom”.
Rise in the Price of Trump Meme Coins
The price of Trump-focused meme coins shot up significantly over the last 24 hours. Some of the most popular of these coins printed huge gains for holders, capitalizing on the support that the 2024 presidential candidate has.
Super Trump (STRUMP) rose 24.61% in the past 24 hours, with a 25.99% surge in trading volume, which is standing at $8.7 million. The market capitalization of the digital asset is $41.68 million, and the token achieved a 24-hour high of $0.02444. Super Trump has risen 552.16% in the last 30 days as well.
MAGA (TRUMP) went up 8.71% in the past 24 hours, with a 26.26% drop in trading volume, which is standing at $7.56 million. The market capitalization of the digital asset is $593 million, and the token achieved a 24-hour high of $13.76.
Never Surrender (TRUMP) increased 20.22% in the past 24 hours, with a 20.23% drop in trading volume, which is currently at $473,000. The market capitalization of the digital asset is $7.49 million, and the token achieved a 24-hour high of $0.0000185.
TRUMP (TRUMP) surged 14.30% in the past 24 hours, with a 41.74% rise in trading volume, which is currently at $105,000. The market capitalization of the digital asset is $2.11 million, and the token achieved a 24-hour high of $0.00004781.
FreeTrump (TRUMP) went up 8% in the past 24 hours with a 19.22% increase in trading volume, which is standing at $38,500. The market capitalization of the digital asset is $1.34 million, and the token achieved a 24-hour high of $0.01469.
It is important to note that Trump extended support for cryptocurrencies in his 2024 presidential campaign and confirmed that crypto would be accepted for donations. Amid the billionaire’s support for the digital asset sector, meme coins have witnessed explosive growth and some holders have even become millionaires as a result.
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