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Donald Trump’s Incident Spurs Cryptocurrency Surge

Release: 2024/07/16 07:04 Reading: 835

Original author:COINTURK NEWS

Original source:https://en.coin-turk.com/donald-trumps-incident-spurs-cryptocurrency-surge/

Donald Trump’s Incident Spurs Cryptocurrency Surge

Donald Trump's Incident Spurs Cryptocurrency Surge

The recent incident involving Donald Trump has triggered a new wave of growth in cryptocurrencies. Bitcoin's price continues to hover around $63,500, while meme coins have emerged as market leaders due to their extreme volatility.

Meme Coins Soar

PEPE, WIF, and FLOKI have dominated the market in the last 24 hours. WIF has led the surge, rising by 21.79%, followed by FLOKI with a 19.60% gain and PEPE with a 19.33% increase.

WIF has surpassed $2 and is trading at $2.10, while PEPE has exceeded $0.000010 and is trading at $0.0000109. FLOKI's price has reached $0.0001794.

DOGE and SHIB Prices Rise

DOGE, the original meme coin, has also performed well, rising by 6.88% to $0.1225. Its market cap has exceeded $17.7 billion, with a trading volume approaching $1 billion.

SHIB, DOGE's rival, has followed a similar trend, gaining 6.72% to $0.00001861. Its market cap has increased to nearly $11 billion.

This surge in meme coins comes despite the announcement of the upcoming launch of the Spot Ethereum ETF, indicating the strong appeal of these highly volatile assets among investors.

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