Less than a day after the assassination attempt on former US President Donald Trump in Butler, Pennsylvania, the MAGA coin, a meme inspired by Trump, jumped 46.9 percent to $9.30 from $6.31.
This is in line with Sunday’s data from Gecka.
According to the data, the market capitalization of Maga coin increased from $293 million to $469 million in a matter of hours due to a sharp increase in its value.
In a similar vein, the study mentioned that following the assassination incident, which sparked a rush of responses online, MAGA hat sales saw a brief 21 percent rise.
This comes after the 45th President escaped Saturday’s assassination attempt in Butler, Pennsylvania.
Trump said in a statement that the bullet passed through his right ear’s top portion.
The attacker, Thomas Matthew Crooks of Bethel Park, Pennsylvania, has reportedly been slain, according to the US Secret Service.
International leaders have condemned the incident.