Arkham's Meme Coin Dashboard Tracks Trump-Associated Coins, TRUMPO Soars 725K%

IconCryptoNewsTerminal Staff16 Jul, 2024

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Arkham's Meme Coin Dashboard Tracks Trump-Associated Coins, TRUMPO Soars 725K%

Arkham Intelligence, a blockchain analytics firm, has launched a dashboard tracking the prices of "meme coins associated with former U.S. President Donald Trump." Within 24 hours, TRUMPO saw the most gains at 725,000%, followed by FEARNOT (97,546%), MAGOA (41,254%), FIGHT (224%), and VANCE (128%), according to the firm. These coins have garnered attention due to their association with Trump, who has often expressed skepticism towards cryptocurrencies. Despite this, the coins have experienced significant price volatility, with some seeing substantial gains in a short period. It's important to note that these meme coins are highly speculative and should be approached with caution. Investors should conduct thorough research before investing in any cryptocurrency and be aware of the potential risks involved.