MAGA Price Plunges 39% Amid Rumors Of An Official Donald Trump DJT Token, While Traders Flock To This Solana Coin For 100X Potential
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The
MAGA
price
plunged
39%
in
the
last
24
hours
to
trade
at
$6.90
as
of
04:05
a.m.
EST
on
trading
volume
that
skyrocketed
1,434%
to
$60
million.
This
comes
amid
rumors
that
Donald
Trump
is
behind
an
“official”
Trump
token
on
Solana.
According
to
Pirate
Wires
on
X,
Trump
is
launching
an
official
token
named
TrumpCoin
under
the
ticker
DJT.
Pirate
Wires
also
claimed
that
Trump’s
18-year-old
son,
Barron,
was
spearheading
the
token.
Per
conversations,
Trump
is
launching
an
official
token
— $DJT
on
Solana.
Barron
spearheading.—
Pirate
Wires
(@PirateWires)
June
17,
2024
The
rumors
of
Trump’s
involvement
with
DJT
remain
unconfirmed.
Still,
PolitiFi
tokens
plunged
more
than
30%
in
the
last
24
hours,
with
the
price
of
MAGA
dropping
below
the
falling
wedge
pattern.
MAGA
Price
On
A
Bearish
Trend,
Dropping
Below
The
Falling
Wedge
Pattern
The
MAGA
price
has
been
on
a
downtrend
after
hitting
its
all-time
high
(ATH)
price
of
$17.51
on
June
1,
dropping
within
a
falling
wedge
pattern.
However,
the
token,
in
the
last
24
hours,
negated
the
general
bullish
sentiment,
dropping
below
the
wedge
and
breaching
the
$10.93
support,
as
data
from
GeckoTerminal
shows.
The
recent
price
retrace
has
led
to
the
price
of
MAGA
falling
below
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
which
now
act
as
the
immediate
resistance
levels
at
$12.00
and
$11.64,
respectively.
Moreover,
the
Relative
Strength
Index
(RSI)
has
dropped
below
the
30-oversold
level
to
trade
at
26,
which
is
a
sign
of
intense
selling
pressure
from
the
bears.
MAGA
Price
To
Soar
Towards
The
Falling
Wedge
Pattern
The
MAGA
Price
analysis
indicates
that
TRUMP
is
currently
on
a
bearish
trend,
as
the
token
breached
the
lower
boundary
of
the
falling
wedge
pattern.
If
the
bears
exert
more
pressure
at
this
level,
the
token
may
drop
further
down
to
the
next
support
level
at
$6.07.
However,
with
the
token
being
oversold,
the
bulls
may
take
this
as
a
chance
to
stage
a
buyback
campaign.
In
such
a
scenario,
the
TRUMP
price
may
soar
to
the
immediate
resistance
zone
around
$11.64
and
$12.00.
As
the
price
of
MAGA
gears
up
for
a
possible
trend
reversal,
some
investors
are
hedging
their
bets
by
diversifying
into
Mega
Dice
(DICE),
a
GameFi
project
that
will
be
the
first
GambleFi
platform
on
the
Solana
blockchain.
99Bitcoins,
a
prominent
crypto
channel
on
YouTube
boasting
that
boasts
over
700,000
subscribers,
says
$DICE
has
the
potential
to
soar
100X
after
its
launch.
Mega
Dice
Presale
Blasts
Past
$1.5
Million
–
Next
100X
Crypto?
Mega
Dice
(DICE)
is
a
GameFi
cryptocurrency
project
that
operates
on
the
Solana
network.
The
project
has
recently
attracted
attention
by
raising
over
$1.5
million
in
its
presale.
$DICE
presale
has
raised
$1.4
Million
????Current
tier
price:
0.075
????
Current
presale
target:
$2M
????We’re
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tiered
price
increases,
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your
#DICE
early!
Don’t
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and
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Mega
Dice
Casino
(@megadice)
June
7,
2024
Mega
Dice
boasts
over
11,000
active
players
monthly
and
exceeds
$50
million
in
monthly
wagers.
Users
on
the
platform
can
also
enjoy
over
4,000
casino
games
and
over
50
sports
and
esports
betting
options.
The
team
has
a
$2.25
million
airdrop
giveaway
underway
that
gives
holders
the
chance
of
winning
a
maximum
of
$37,500
each.
If
you
are
interested
in
grabbing
this
opportunity,
all
you
need
to
do
is
wager
$5,000
or
more
between
now
and
June
28
to
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opportunity
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grab
a
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the
$750,000
season
two
giveaway.
The
$DICE
Season
2
Airdrop
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Your
Share
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a
$750,000
AIRDROP!
????????Want
a
piece
of
the
action?
Just
wager
$5000
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May
15
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28
June,
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With
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Mega
Dice
Casino
(@megadice)
May
31,
2024
To
join
the
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$DICE
on
the
official
website
here
for
$0.075
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ETH,
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SOL.
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Related
News
Mega
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