The assassination attempt on Donald Trump raises prices for PoliFi tokens
Date: 2024-07-15 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS, IN WORLD
On July 13, an assassination attempt was made on Donald Trump.
Former US President Donald Trump was the target of an assassination attempt during a speech in Butler, Pennsylvania. The event led to a significant increase in prices for some PoliFi tokens.
Trump arrived at the rally about an hour late. Times photographer Doug Mills, who was a few feet away from Trump, described hearing three or four loud pops before Trump fell. Security officers immediately surrounded him and escorted him to his car.
According to The New York Times, one protester was killed and two were seriously injured as a result of the shooting. The bullet passed just inches from Trump's head, damaging his ear. Trump was immediately taken to a medical center for examination, and according to the Associated Press, his life is not in danger.
Public reaction
Many world leaders and famous personalities have expressed their support for Donald Trump. Israeli Prime Minister Benjamin Netanyahu and billionaire Elon Musk expressed their support, wishing Trump a speedy recovery.
On the Polymarket platform, where users can bet on various events using crypto assets, the chances of Trump winning the presidential election have increased dramatically. Odds on his victory increased from 60% to 72%.
Rising prices for PoliFi tokens
After the incident, prices for PoliFi tokens increased significantly. Memecoin MAGA (TRUMP) rose from $6.32 to $9.68, up over 40% in the last 24 hours, and is trading at $8.32, according to CoinGecko. Another memecoin, Doland Tremp (TREMP), is up 67% and trading at $0.64. At the same time, memecoin BODEN fell 15% to $0.031, according to TradingView.
PoliFi tokens became popular in early 2024. The MAGA Project (TRUMP) team calls itself a “pioneer” in this field. BODEN and TREMP tokens appeared later and were added to the Kraken exchange.
Token debate and volatility
At the end of June, the first presidential debate between Joe Biden and Donald Trump took place, touching on the economy, immigration and foreign policy. The debate was expected to cause high volatility in the PoliFi token market, but cryptocurrencies were not mentioned.
Thus, the assassination attempt on Donald Trump had a significant impact on the PoliFi token market, causing an increase in prices and user activity.
