MAGA Memecoin Soars on Donald Trump Inauguration Speculation and Whale Interest

Quick Summary:

S President-elect rallied over 42 percent in the past 24 hours to trade about $3.58 at the time of this writing.

As the first pro-crypto US President, heavy speculation on his impact on the ongoing crypto bull market is visible.

The Ethereum-based memecoin, focused on charity to US veterans and children, has attracted significant attention from whale investors.

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets: United States

Topics: News Price Analysis Altcoins

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-06 @ 07:21:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 427 words

Reading Time: 3 minutes read

Sentences: 42 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24912778

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Main Topics: Crypto

Official Website: coinpedia.org

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Headquarters: United States

News Last Updated: 8 hours ago

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