The article discusses the rise of election-related cryptocurrencies, with a focus on MAGA Coin supporting Donald Trump's re-election campaign. The value of MAGA Coin is speculated to surge if Trump gains momentum in the race. During a presidential debate with Kamala Harris, Trump mentioned MAGA Coin negatively, causing its value to dip almost 8%. Doubts about Trump's prospects in the election are driving investors away, as polls show him struggling against Harris. This loss of confidence is also reflected in the drop in Trump's media stock. The debate between Trump and Harris is seen as significant since it is their first public encounter following Joe Biden's withdrawal from the race.
- Content Editor ( coinpedia.org )
- 2024-09-11
MAGA Coin Drops Over 8% Following Trump’s Debate Mention: Is Kamala Harris Gaining the Upper Hand?