MAGA memecoins rally as crypto traders bet on Trump’s return to the White House

Donald Trump is set to be inaugurated on Monday, Jan. 20, as the 47th president of the United States and memecoin traders are bullish heading into the event.The rise in memecoin activity over the past year gave way to sectors within the meme universe

TRUMP, MAGA, and other Trump-themed tokens crash after election day

Donald Trump-themed meme coins TRUMP, MAGA, TREMP, and STRUMP have tanked, with their total market capitalization down over 21% on the day, after Trump secured a victory in the U.S. election. MAGA (TRUMP), the largest Trump-themed meme coin in terms…