Benzinga – As former President Donald Trump ramps up his pro-cryptocurrency attitude in the run-up to the presidential election, Maga Coin (CRYPTO: TRUMP), which is inspired by him, has delivered massive returns to its holders.
What Happened: Maga Coin, rooted in the “Make America Great Again” movement, has been trending hot since the U.S. leader piqued the interest of cryptocurrency advocates with his reassuring statements about the industry’s future in the United States.
In an NFT event earlier this month, Trump, addressing a big crowd, said, “If you’re in favor of crypto, you better vote for Trump.”
At that time, Maga Coin was valued at $4.30 with a market cap of just over $180 million.
Cut to the present, the cryptocurrency was exchanging hands at $12.47, signaling an impressive 144% jump since that event. Its market cap has shot up to nearly $550 million.
The coin’s exponential surge…
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