May 31, 2024 - Economy

Charted: 🎺 Guilty on 34 counts

The line chart shows the fluctuating prices of meme coins Doland Tremp, Trump, and MAGA Hat from 5 p.m. on May 29, 2024, and then falling by 3 to 26% on May 30, 2024 after former President Donald Trump was found guilty of all charges in the hush money trial in New York.
Data: CoinGecko; Chart: Axios Visuals

Meme coins inspired by former President Trump and his MAGA hat slid after a jury found him guilty on all 34 counts in his New York criminal trial.

  • By the numbers: The trio fell between 3% and 26%, according to CoinGecko.

Flashback: Yesterday's Charted section featured one of the bigger Trump-inspired meme coins, MAGA, and its exponential rise since January.

  • The dip in the minutes following the verdict put a small dent in that, and yet....

The latest: The Trump and Tremp coins are bouncing back this morning.

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