MAGA Price Soars 39% As Donald Trump Campaign Accepts Crypto And Analysts Says This Might Be The Next Crypto To Explode

The MAGA worth jumped 33% within the final 24 hours to commerce at $5.85 as of three:30 a.m. EST on buying and selling quantity that skyrocketed 384% to $14.7 million.

The MAGA worth surge got here as Donald Trump stated his marketing campaign would settle for cryptocurrency donations.

”Can we donate to the Trump marketing campaign utilizing crypto? I imagine the reply is sure,” stated the presidential candidate, whereas assembly with a gaggle of his NFT consumers. “In the event you can’t, I’ll be sure you can,”

The assembly was recorded by Frank Degods, an NFT creator and influencer who printed a number of clips on X.

BREAKING: DONALD TRUMP ASKED “CAN WE DONATE USING CRYPTO?”

“IF YOU CANT, I’LL MAKE SURE YOU CAN” pic.twitter.com/Nm2YjqxwSI

— Frank (33.3%) (@frankdegods) May 9, 2024

The previous president then continued to say that President Joe Biden doesn’t know what cryptocurrency is, and that those that like cryptocurrency in any type ought to vote for him.

BREAKING: DONALD TRUMP IS FINE WITH CRYPTO pic.twitter.com/SCJDKdHQUB

— Frank (33.3%) (@frankdegods) May 9, 2024

Relating to the way forward for cryptocurrencies within the nation, Trump stated: If crypto is shifting out of the U.S. due to hostility towards crypto… “effectively, we’ll cease it. We don’t need that. If we’re going to embrace it, we’ve to allow them to be right here.”

Whereas this may assist deliver pro-crypto voters to his facet, it is usually price noting that Trump was the primary US president to handle cryptocurrencies publicly, and to do it in a detrimental gentle throughout his time within the White Home.

On the time, he stated that he’s not a fan of Bitcoin and different cryptos, which aren’t cash and whose worth is unstable and “based mostly on skinny air.”

I’m not a fan of Bitcoin and different Cryptocurrencies, which aren’t cash, and whose worth is extremely unstable and based mostly on skinny air. Unregulated Crypto Property can facilitate illegal conduct, together with drug commerce and different criminality….

— Donald J. Trump (@realDonaldTrump) July 12, 2019

This sentiment continued after his presidency, as he known as Bitcoin a “rip-off in opposition to the greenback,” in line with studies from 2021. Whereas it’s doable that the previous president discovered extra about cryptocurrencies and altered his stance over time, some analysts imagine that is only a stunt to get more support for the upcoming elections.

MAGA Value Prediction

MAGA (TRUMP) worth noticed a large enhance following the previous president’s resolution to begin accepting crypto. The token has been fluctuating over the previous few weeks, following the broader market sentiment and the lead of dominant cryptos corresponding to Bitcoin.

Nonetheless, Trump’s assertion made its worth go sky-high, and proper now, many are questioning the place it is going to go from right here.

In line with a number of technical indicators, the value is more likely to right, and this could already be seen as of the time of writing, because the market has already introduced it again down a good quantity.

However, the alerts are combined, and because the phrase continues to unfold, it’s doable that new traders and merchants might deliver the TRUMP worth again up. The token’s Bollinger bands are fairly huge, which stays a bullish sign.

Then again, its Relative Energy Index (RSI) worth skyrocketed to 90 – deeply into the overbought territory, solely to return crashing down again to the worth of 61. Whereas nonetheless fairly excessive, it might be that the curiosity and hype surrounding the latest assertion might push the value and RSI worth again up.

The token seemingly discovered a powerful assist at $6 and even remained above $6.1. Nonetheless, there’s a sturdy resistance at $7, which retains the token from progressing, and it even rejected its worth earlier, because the pump pushed the TRUMP worth as much as that time.

Promising Different to MAGA

MAGA might have seen a large worth enhance due to Trump’s latest announcement, however some merchants imagine it’s too late to purchase the token now. As an alternative, they’re turning to crypto presales corresponding to Mega Cube (DICE), which promote at mounted costs and have the potential to blow up on launch.

DICE is a cryptocurrency created by the Mega Cube on line casino — a crypto playing platform that permits customers to position wagers in digital belongings. Mega Cube launched final yr, and is a trusted and favored crypto playing web site. And now the on line casino is launching its personal token.

Thus far, its presale has raised over $856k whereas promoting DICE for less than $0.069 per token. The ICO is about to hit its first million, making this an essential time for the venture.

It’s offering loads of incentives for traders, together with each day rewards, limited-edition NFTs, bonuses for early traders, a extremely rewarding referral program, and an airdrop break up into three occasions that can distribute a complete of $2.25 million.

Introducing #ReferAndEarn with $DICE! 🚀💰

Now you can refer customers to the Mega Cube presale and earn a beneficiant 10% fee on all referral purchases.

Here is a easy information on tips on how to get began: 👇 pic.twitter.com/jbXSdljjvK

— Mega Cube On line casino (@megadice) April 24, 2024

Anybody within the token should buy it with SOL, BNB, or ETH.

Go to the Mega Cube official web site to purchase DICE tokens right here.

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