After a viral argument between Donald Trump and Ukrainian President Zelensky, meme coins TRUMP and MAGA saw an increase in value. MAGA, an unofficial Trump-themed token, experienced its first upward movement in over a month. The cause of this increase is unclear, but it offers insights into the meme coin market. Trump's official meme coin, TRUMP, also saw a slight increase. However, the motives behind these price reactions are speculative, as it is difficult to search for these tokens on social media. There are concerns about the potential for corruption with political meme coins, and proposals are being made in Congress to address this.



Other News from Today