
{"id":5406,"date":"2024-09-11T05:28:57","date_gmt":"2024-09-11T05:28:57","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=5406"},"modified":"2024-09-11T05:28:57","modified_gmt":"2024-09-11T05:28:57","slug":"trump-meme-coins-plunge-following-unhinged-presidential-debate","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=5406","title":{"rendered":"Trump Meme Coins Plunge Following \u2018Unhinged\u2019 Presidential Debate\u00a0"},"content":{"rendered":"<p>The Donald Trump-themed meme coin MAGA (TRUMP) has tanked 15% over the past 12 hours following a less than convincing performance in the presidential debate held on Sept. 10.<\/p>\n<p>TRUMP hit an intraday high of $3.42 before his showdown with <a href=\"https:\/\/cryptopotato.com\/community-reacts-as-democrats-fail-to-mention-crypto-legislative-policy\/\">Democrat<\/a> rival Kamala Harris. However, it dumped to $2.89 as the debate went on, and Trump appeared more agitated.\u00a0The meme coin hit an all-time high of $17.51 on June 1 but has since slumped around 83%.<\/p>\n<p>Other tokens linked to Trump but not directly affiliated such as MAGA Hat (MAGA) tanked even harder dropping more than 18%.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/bitcoins-recent-higher-low-signals-possible-trend-shift-analysts-cautiously-optimistic\/\">Bitcoin<\/a> prices also reacted with a 1.7% decline at the time of the debate, falling to $56,746 at the time of writing.<\/p>\n<h2>Breaking Down The Debate<\/h2>\n<p>Donald Trump\u2019s performance was below par with him appearing to have lost the energy and vibe behind his MAGA (Make America Great Again) campaign.<\/p>\n<p>CHEV partner Adam Cochran commented that he appeared \u201cfizzled out,\u201d adding that this campaign \u201cactually seems to be taking a toll on Trump. He\u2019s fatigued and on the back foot.\u201d<\/p>\n<p>It is weird to see Trump so fizzled out.<\/p>\n<p>Flat hair, lower energy, and when Harris is talking he looks tired or upset.<\/p>\n<p>It\u2019s not the mocking faces and engaged energy you saw years ago.<\/p>\n<p>This campaign actually seems to be taking a toll on Trump.<\/p>\n<p>He\u2019s fatigued and on the back foot<\/p>\n<p>\u2014 Adam Cochran (adamscochran.eth) (@adamscochran) <a href=\"https:\/\/twitter.com\/adamscochran\/status\/1833680342319874421?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 11, 2024<\/a><\/p>\n\n<p>Economist and trader Alex Kr\u00fcger <a href=\"https:\/\/x.com\/krugermacro\/status\/1833697914608050385\" target=\"_blank\" rel=\"noopener\">agreed<\/a> in part, stating that Harris appeared \u201ccool and in control,\u201d whereas Trump was \u201cangry, unhinged at times.\u201d He also agreed with the general consensus that the panel moderators were clearly on Kamala\u2019s side.<\/p>\n<p>Goldbug Peter Schiff called it a \u201cdisgrace,\u201d <a href=\"https:\/\/x.com\/PeterSchiff\/status\/1833697237529952682\" target=\"_blank\" rel=\"noopener\">adding <\/a>that ABC, which hosted the debate, \u201cdidn\u2019t ask a single question about the soaring national debt, the rising cost of servicing that debt, out-of-control entitlement spending, high inflation, rising unemployment, record-high consumer debt, or record-low savings.\u201d<\/p>\n<p>In polls released earlier this week, the race for the Oval Office was as close as it has been, with Harris and Trump both having a 49% share of support among registered voters.<\/p>\n<p>Trump is back on top.<\/p>\n<p>Fine margins. <a href=\"https:\/\/t.co\/VfdUaPOGc0\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/VfdUaPOGc0<\/a><\/p>\n<p>\u2014 Polymarket (@Polymarket) <a href=\"https:\/\/twitter.com\/Polymarket\/status\/1833694608078909763?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">September 11, 2024<\/a><\/p>\n\n<h2>Victory for Both?<\/h2>\n<p>Both candidates declared victory following the debate, <a href=\"https:\/\/www.newsweek.com\/donald-trump-kamala-harris-campaign-statements-after-debate-1951828\" target=\"_blank\" rel=\"noopener\">according<\/a> to reports. Trump\u2019s team stated:<\/p>\n<p>\u201cWe saw President Trump lay out his bold vision of America and how he would continue to build upon the successes of his first term by supercharging the economy, securing the border, and stopping crime from ravaging communities across the country.\u201d<\/p>\n<p>Meanwhile, the Kamala Harris camp said, \u201cDonald Trump was totally incoherent,\u201d before adding:<\/p>\n<p>\u201cUnder the bright lights, the American people got to see the choice they will face this fall at the ballot box: between moving forward with Kamala Harris, or going backwards with Trump.\u201d<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/trump-meme-coins-plunge-following-unhinged-presidential-debate\/\">Trump Meme Coins Plunge Following \u2018Unhinged\u2019 Presidential Debate\u00a0<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The Donald Trump-themed meme coin MAGA (TRUMP) has tanked 15% over the past 12 hours following a less than convincing performance in the presidential debate held on Sept. 10. TRUMP hit an intraday high of $3.42 before his showdown with Democrat rival Kamala Harris. However, it dumped to $2.89 as the debate went on, and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/5406"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5406"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/5406\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/5407"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}