Crypto: Trump narrowly escapes assassination attempt and altcoins surge!

Altseason finally seems to be showing its face, much to the delight of crypto traders. Recent events surrounding Donald Trump have created a shockwave in the altcoin market, significantly increasing volumes and prices. Let’s dive together into the repercussions of the incident that occurred and discover how the crypto scene is reacting to these new dynamics.

Altcoins are soaring

The armed attack on Donald Trump, the man whose wallet is rich in Ethereum (ETH), had unexpected repercussions, especially in the altcoin market. Although the attack only slightly injured the former president’s ear, it was enough to provoke a spectacular rise in altcoin prices.

Indeed, the sympathy of crypto investors for Trump, known for his pro-crypto stance, played a crucial role in this rise. The censorship he experienced on social networks during the previous elections also increased support since Musk took control of X (formerly Twitter).

“Cryptocurrencies have become a refuge for those who feel excluded by the traditional system,” says a crypto analyst.

Trump’s impact on the crypto world

Trump plans to attend the next Bitcoin conference and make ambitious statements. His previous pro-crypto speeches continue to galvanize investors against Biden, whose approach to cryptocurrencies has been particularly severe.

Among trending altcoins, PolitFi, a mix of meme coins and fan tokens, stands out. MAGA (TRUMP), for instance, saw its price jump by 30% and its volume by 900% following the attack. Here are some notable statistics:

• NEVER SURRENDER TRUMP: +330% increase, market value of $1.3 million;
• Super Trump Coin: +36% increase.

These movements show a persistent enthusiasm for Trump Coins, foreshadowing continued excitement in the crypto scene until the November elections.

In conclusion, the recent fluctuations in altcoins, fueled by events surrounding Trump, could well mark the beginning of a new altseason. The crypto community remains attentive to upcoming political and economic developments.