Price Analysis

3 Trump Themed Coins Surging Post-JD Vance VP Announcement

Donald Trump themed coins are exploding after the former president announcement of J.D. Vance as his running mate, sparking interest in related coins.
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3 Trump Themed Coins Surging Post-JD Vance VP Announcement

Highlights

  • Fight to MAGA (FIGHT) analysis hints at a 115% surge in price to a new ATH of $0.1.
  • MAGOA is up 19% as RNC convention in Milwaukee continues.
  • FIGHT has skyrocketed over 19,000% since its launch 3 days ago.

Presidential election campaigns are nearing the climax with the Republican Party candidate Donald Trump announcing his vice president. Senator J.D. Vance’s appointment is seen as a move to attract crypto voters, especially with Trump promising to expedite crypto regulations in the country. In addition, the move has led to deliberate price increases in Trump themed coins like MAGA and MAGOA.

This follows the recent attempted assassination of former president Donald Trump, which saw him strengthen his resolve to attend the Bitcoin 2024 conference in Nashville next week.

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1. Trump Themed Coins – MAGA (TRUMP)

MAGA is a popular Trump meme coin that has existed for some time. The main idea behind the project is to use the hype around Donald Trump to raise money for charity causes in the United States. The MAGA smart contract has a 1% tax on buys, sells, and transfers, which is directed toward donations to U.S. veterans and child trafficking prevention services. Over $1.74 million has been donated since the project launched. 

The price of TRUMP is down 7.1% in the last 24 hours but up 24% in the past week. Trading at $7.58, TRUMP has seen a decrease in trading volume as investors lock in profits gained over the past week. Market participants await July 25-27 for Trump’s address at the Bitcoin Conference, which may further increase TRUMP’s price.

Even though unaffiliated with Donald Trump, the cause MAGA campaigns for has been monumental in sustaining their price and value in the crypto meme coin market. As the days speed toward the November 2024 U.S. elections, a Trump win could translate into exponential gains for the asset.

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2. Make America Great Once Again (MAGOA)

Make America Great Once Again is the slogan of the 2024 Republican National Convention (RNC) held in Milwaukee, Wisconsin. The convention spans 3 days, during which various members of the GOP make speeches concerning their plans for the nation if elected. 

The MAGOA token is one of the most recent Trump themed coins on the Ethereum network. It was launched on July 16 and immediately took off. However, the developer burned liquidity, sold all his tokens, and abandoned the community. Since the developer left, MAGOA has soared in price, making higher highs.

The price of MAGOA is $0.00001447, a 19.9% increase in the last 24 hours. The chart looks healthy for a one-day-old project, and the liquidity is large enough to support small whales and sharks. Sitting at a $6 million market cap, MAGOA has the potential to rally 1000% from this price before even touching a $100 million market cap. 

However, in the short term, MAGOA price is trending inside a range, showing bulls are accumulating before the next leg up. A break above the zone may result in a 158% increase from the current price.

The upcoming Bitcoin 2024 conference promises to provide the much-needed hype boost to push this Trump crypto higher.

3. Fight to MAGA (FIGHT)

Shortly after the attempted assassination of former President Trump, Fight to MAGA was launched on the Ethereum blockchain. As he was escorted off the stage, Trump told everyone to “Fight”, encouraging them not to stop striving to make America great again. Taking advantage of the hype around the incident, FIGHT launched and immediately soared over 13,000% within the first 15 hours. After a day of consolidation, FIGHT again surged another 600% to hit its all-time high price of $0.08390.

Fight to MAGA

The price of FIGHT is $0.062, a 54% increase in the last 24 hours. FIGHT has retraced 25% from ATH’s price and is currently at the 0.382 Fibonacci retracement level. This level has been tested once before in the last 24 hours, making it decent. Nevertheless, there is a fair value gap (FVG) lower around $0.045, which may act as a magnet to pull the price lower. A bounce from this level may result in a 115% surge in price to a new ATH of $0.1.

FIGHT comes at a time when the American political landscape calls for bravery and radicalness. Riding the wave of patriotism sparked by the recent assassination attempts, this token may soon surpass the $100 million mark.

Conclusion

Following the announcement of J.D. Vance as the vice presidential candidate, these three Trump-related meme coins have seen huge price surges. This rapid increase shows the volatile nature of politically-themed tokens and their sensitivity to news events. As the elections draw near, these Trump themed coins may experience even more significant price swings.

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Related Articles

Frequently Asked Questions

What are Trump crypto?

Trump crypto refers to various cryptocurrencies associated with former U.S. President Donald Trump

Who is J.D Vance?

J.D. Vance is an American politician and senator who was choosen by Donald Trump to be his vice president running mate.

Will Trump crypto continue soaring?

There is high likelyhood that most Trump coins will continue mooning as polls favor former president Donald Trump to win the upcoming U.S. elections.
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Evans Karanja

Evans Karanja is a crypto analyst and journalist with a deep focus on blockchain technology, cryptocurrency, and the video gaming industry. His extensive experience includes collaborating with various startups to deliver insightful and high-quality analyses that resonate with their target audiences. As an avid crypto trader and investor, Evans is passionate about the transformative potential of blockchain across diverse sectors. Outside of his professional pursuits, he enjoys playing video games and exploring scenic waterfalls.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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