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Remember what happened in Pennsylvania on July 13? The assassination attempt on Trump triggered a crazy rally in the crypto market. Bitcoin soared from $58,000 to $63,000 in just hours. But that was only the beginning.
The most interesting thing happened with meme tokens. TRUMP, MAGA, and other coins related to this politician went to the sky. Some traders who caught the wave at the right moment made millions. One guy bought 1.08 million TRUMP at the end of last year and then made $8 million in a few hours. Another holds 936,000 of these tokens, which are now worth about $7.5 million.
Trump has long positioned himself as a friend of cryptocurrencies. He talks about developing mining and protecting against CBDCs — all of this resonates with the crypto community. So it turned out that Trump meme coins became a hit.
But be careful. Meme tokens are like a rocket launch: you can make millions, but you can also lose everything in hours. They fall just as quickly as they rise. Invest only what you're willing to lose. These things require luck and speed, not a long-term strategy. Currently, BTC is trading around $71,000, and TRUMP has fallen to $2.81. The market has already cooled down after the hype.