[{"category":{"name":"BitScreener Exclusive","exported_url":"bitscreener-exclusive"},"id":"b2cf0e24-d848-4693-9235-e614e7acb919","updated_at":"2024-05-29T10:30:07.869+00:00","account":{"firstName":"Mason","lastName":"Thompson"},"description":"Learn more about the latest Trump-themed hype MAGA (TRUMP) in this article.","sapo":"As the 2024 US presidential election heats up following Donald Trump’s campaign's embrace of pro-Bitcoin movements, Trump-themed MAGA (TRUMP) is stealing the spotlight as an emerging meme coin. Let’s find out what the hype is all about!","title":"MAGA (TRUMP): A Look at the Rise of a Politically Charged Meme Coin ","content":"

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What is MAGA (TRUMP)?

MAGA (TRUMP) is a meme coin built on the Ethereum blockchain, launched in August 2023. The coin capitalizes on the popularity and political influence of the 45th US President, Donald J. Trump, with the aim of promoting his candidacy for the White House in the 2024 Presidential Election.

The name “MAGA” stems from the campaign slogan “Make America Great Again” which won Trump the 2016 presidency.

trump wins 2016 presidency

Donald Trump won the US presidency in the 2016 election. (Source: NBCNews)

Unique Features of MAGA (TRUMP)

Unlike the majority of meme coin projects that are often solely profit-driven, MAGA (TRUMP) aims for financial gains but also seeks to serve the community. The project has been actively donating its profits to humanitarian organizations in the United States, notably the National Veterans Homeless Support (NVHS) and Veterans for Child Rescue (V4CR). As of the time of writing, MAGA (TRUMP) has donated 436.5 ETH worth $1.23 million to prominent charitable organizations.

maga (trump) tokenomics

Source: magamemecoin.com

The MAGA (TRUMP) project has also garnered significant attention on social media, with over 25,500 followers on X (Twitter) and over 8,000 on Telegram.

How Much Is MAGA (TRUMP) Worth?

As of this writing, MAGA (TRUMP) is priced at around $15, a 75-fold increase from its value of $0.20 in January 2024.

Source: BitScreener

MAGA (TRUMP) has been soaring to new heights in the past month, spurred by Bitcoin-positive developments from the Trump campaign. The former president’s crypto portfolio surpassed the $10 million milestone on May 27, primarily driven by the price surge of the 580K TRUMP tokens in his holdings.

The token currently boasts over 50,000 holders across all listed blockchains (Ethereum, Solana, Binance Chain and Coinbase) and a total supply of roughly 47 million TRUMPs.

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MAGA (TRUMP) Information Compilation

Here’s a compilation of TRUMP’s basic information: maga information

Is MAGA (TRUMP) A Good Investment?

It is important to note that MAGA (TRUMP) is a meme coin created for entertainment purposes and not endorsed by Donald Trump himself. As per nature of meme coins, TRUMP is highly volatile and fluctuates vastly depending on public sentiment and market demands. Therefore, rigorous research and consultation needs to be done before investors commit to this venture.

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MAGA (TRUMP): A Look at the Rise of a Politically Charged Meme Coin

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