#今日市场观点

Trump's felony verdict caused a big shock in the meme coin market! Biden's meme coin rose against the market trend

The verdict of the "hush money" case of former US President Trump shocked the world. Trump was convicted of 34 felonies. This historic verdict instantly caused a huge shock in the cryptocurrency market. The Trump meme coin market suffered a heavy blow. Among them, the price of MAGA coin, which has the largest market value, plummeted by nearly 25%. Other related meme coins were not spared, with a drop of 16% to 22%.

At the same time, Jeo Boden, a meme coin related to Trump's rival, current President Biden, emerged in this storm, with an increase of up to 12% in one hour, becoming a dark horse in the market. This contrasting market performance undoubtedly sounded the alarm for investors.

Trump himself expressed strong dissatisfaction with the verdict, insisted that he was not guilty, and accused the trial process of being manipulated. However, this verdict is not only a milestone in American history, but also another important event at the intersection of the cryptocurrency market and political dynamics.

Faced with such drastic market fluctuations, investors are reminded to remain calm, act cautiously, and do a good job of risk control. Trump's defeat has undoubtedly brought a huge impact on the meme coin market, but it has also provided other meme coins with an opportunity to counterattack. In this market full of variables, who will have the last laugh remains to be seen.

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