Maga Coin TRUMP/USD, the cryptocurrency themed around former President Donald Trump, continued its upward climb despite the Republican leader’s conviction in a criminal trial.
What Happened: While the coin dipped sharply when the news first broke Thursday, it quickly rebounded, resulting in a 6% gain over the last 24 hours, according to data from CoinMarketCap.
The cryptocurrency outstripped the gains of market heavyweights Bitcoin BTC/USD and Ethereum ETH/USD, also leaving top memecoins like Dogecoin DOGE/USD behind.
The coin was up 71% over the week, and nearly 200% in the past month, helped largely by Trump’s strengthening pro-cryptocurrency narrative.
Interestingly, Jeo Boden BODEN/USD, the cryptocurrency parodying Trump’s arch-rival President Joe Biden, sank 10% in the last 24 hours.
Additionally, the floor price of the first edition of Trump Digital Trading Cards NFTs rose 1.22 to 0.085 WETH WETH/USD, worth $319 at the time…
