In no time this same corner stole the spotlight from MAGA (TRUMP). It has already achieved over 3,600% market growth since its launch and now has a market cap of over $20 million.
SuperTrump, the new meme coin phenomenon
The same coin, which is not even three months old, is currently the most in-demand cryptocurrency on CoinMarketCap. This has been happening for almost three days now. This popularity is reflected especially in remarkable performances. Since entering the market, the price of SuperTrump has increased by 3,693%, bringing the token’s capitalization to $24.19 million. In the month of June, the value of STRUMP jumped by almost 213%.
Like MAGA, SuperTrump was developed as a tribute to former US President Donald Trump. It mixes humor and political commentary and allows users to express support or skepticism in a financially speculative way. According to the developers of the project, SuperTrump is not only a potential investment, but also an innovative and fun way to engage in the political environment.
However, it is important to note that this token is not directly associated with Donald Trump. However, some of the transaction fees go directly into a wallet held by the Trump campaign team.
Why are so many projects associated with Trump?
SuperTrump and MAGA are not the only projects developed in the image of the former US president. Many other meme coins, called Politi Tokens, aim to sell a joke while promoting political engagement. This fixation on Donald Trump is related to the fact that he has recently been pro-crypto. The former president actually launched an NFT fundraiser and is accepting crypto donations for his campaign funds.
Trump recently hosted mining company executives at his Mar-a-Lago residence. He told his guests that he would do everything to protect mining activity in the United States. In a message posted on his social network Truth, Trump said:
“Vote Trump!” BTC mining could be our last line of defense against CBDC. Biden’s hatred of Bitcoin only helps China, Russia and the radical communist left. We want all remaining tokens to be mined to be made in the USA! This will help us to be energetically dominant. »
We recently saw the former president appear alongside the Winklevoss brothers. Moreover, the latter publicly confirmed their support for the former president. In particular, both brothers donated two million dollars to the Republican candidate’s campaign. In a lengthy post on X, Tyler Winklevoss explained why he’s choosing to vote for Trump over Biden:
“President Donald J. Trump is a pro-Bitcoin, pro-crypto and pro-business choice. That’s not even up for discussion. Anyone who tells you otherwise is either grossly misinformed, delusional, or not telling the truth. It’s time to take back our country. It’s time for the crypto army to send a message to Washington. Attacking our community is political suicide. That’s why I’ll be voting for President Trump in November, and I hope you are too. Forward! »
Moral of the story: SuperTrump: when politics meets a meme, profits explode faster than Trump’s tweets!
Disclaimer
Disclaimer: In accordance with The Trust Project guidelines, BeInCrypto is committed to providing unbiased and transparent information. This article aims to provide accurate and relevant information. However, readers are encouraged to check the facts for themselves and seek professional advice before making any decisions based on this content.