Elections in the United States 2024: Donald Trump’s cryptocurrency falls more than 11%, but the shares of his “hub” fly

Elections in the United States 2024: Donald Trump’s cryptocurrency falls more than 11%, but the shares of his “hub” fly

November 5, 2024 – 09:40

The volatility of assets associated with Donald Trump on Election Day reflects market uncertainty in the face of a very tight electoral showdown. This trend is expected to continue in the coming days.

On election day in the US, assets linked to the Republican candidate, Donald Trump, operate with notable volatility. Trump Media shares rise almost 20% before the market open, while its cryptocurrency, TrumpCoin, drops almost 12%.

T’s sharesrump Media & Technology Group Corp.(NASDAQ:DJT) have been volatile since the start of the week, as polls and prediction markets show a tough fight between the tycoon and Republican candidate Kamala Harris.

Shares of Trump Media & Technology have fallen as the final result of the electoral race approaches. Both polls and prediction markets swung in favor of a Trump victory in the middle of last week, and Trump Media stock fell more than 20% as a result.

Ahead of Tuesday, new polls by the New York Times and Siena College show Kamala Harris with an 8% lead among early voters, while Donald Trump leads among voters who plan to vote but have not yet. have done. The poll also found that Harris was slightly ahead in three key states, with Trump leading in one, while the other three key states remain too close to predict a winner.

TrumpCoin: your cryptocurrency

TrumpCoin’s price today is US$0.00815, with a 24-hour trading volume of $N/A. TRUMP has changed -11.53% in the last 24 hours. It is currently -26.54% off its 7-day all-time high of $0.01109, and 1.92% off its 7-day all-time low of $0.007997. TRUMP has a circulating amount of 6.6M TRUMP tokens.

Kamala Harris and Donald Trump – United States Elections 2024.jpg

TrumpCoin's price today is US$0.00815, with a 24-hour trading volume of $N/A.

TrumpCoin’s price today is US$0.00815, with a 24-hour trading volume of $N/A.

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TrumpCoin (TRUMP) describes itself as a cryptocurrency that supports the Trump administration and its conservative and patriotic supporters. Its crowdfunded blockchain provides funding and recognition for patriots using PatriotNodes and PoS mining.

Source: Ambito

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