Coinspeaker Trump Meme Coins Once Again Print Huge Gains as Ex-President Readies for Probation Interview
Meme coins inspired by former President Donald Trump have experienced a surge in value over the past 24 hours, with some seeing double-digit gains as the billionaire prepares for a virtual interview with a probation officer from his residence in Florida. This interview is part of Trump’s sentencing in the New York hush-money case, making him the first US president and Republican candidate to face indictment.
According to a report from the BBC, Trump will be accompanied by his lawyer, Todd Blanche, during the virtual meeting from Mar-a-Lago, his resort and National Historic Landmark in Palm Beach, Florida. The probation officer will be tasked with preparing a pre-sentencing report for Justice Juan Merchan, who will ultimately determine Trump’s fate.
Martin Horn, a former commissioner of the New York City Department of Corrections and Probation, noted that conducting a pre-sentence investigation interview over Zoom is highly unusual.
The rise in the price of Trump-focused meme coins has been significant in the last 24 hours. Super Trump (STRUMP) saw a 24.61% increase in value, with a trading volume of $8.7 million and a market capitalization of $41.68 million. MAGA (TRUMP) rose by 8.71%, with a trading volume of $7.56 million and a market capitalization of $593 million. Never Surrender (TRUMP) increased by 20.22%, with a trading volume of $473,000 and a market capitalization of $7.49 million. TRUMP (TRUMP) surged by 14.30%, with a trading volume of $105,000 and a market capitalization of $2.11 million. FreeTrump (TRUMP) also went up by 8%, with a trading volume of $38,500 and a market capitalization of $1.34 million.
It is worth noting that Trump has expressed support for cryptocurrencies in his 2024 presidential campaign and has confirmed that crypto donations will be accepted. This endorsement has contributed to the explosive growth of meme coins, with some holders even becoming millionaires as a result.
As Trump prepares for his probation interview, the market for Trump meme coins continues to show strong gains, reflecting the ongoing interest and support for the former president in the digital asset sector.