The newly launched Maga Pepe ($MAPE) coin has captured the attention of the cryptocurrency world. This Ethereum-based meme coin, themed around former President Donald Trump, achieved a $10 million market cap within five days of its launch. The launch followed an assassination attempt on Trump, adding to the coin’s intrigue.
The Solana and Ethereum blockchains have seen an infinite number of meme coins launched since January 2024. Only a few have managed to cross the $10 million market cap. Maga Pepe stands out in this crowded space, especially among Trump-themed meme coins, which have flooded the market.
Ethereum has been the primary platform for these meme coins, witnessing major pumps in recent months. Every day, new tokens appear on the Ethereum blockchain. Maga Pepe ($MAPE) is one such token, and its performance has been impressive. At the time of writing, $MAPE has a market cap and fully diluted valuation (FDV) of $10.8 million. The coin is currently priced at $0.00002589.
Since its launch, $MAPE has seen significant price fluctuations. It reached an all-time high of $0.00005047 on July 18 and an all-time low of $0.00001012 on July 16. This represents a 157% increase from its all-time low and a 54% decrease from its all-time high. The trading volume in the past 24 hours surged to $11.54 million, indicating strong interest and activity around this coin.
The future of $MAPE appears promising, especially with the buzz it has generated on social media platform X. Influential crypto personalities, including WhaleFud, have been discussing the coin, adding to its popularity.
Historically, Trump-related meme coins have achieved significant milestones, with some surpassing the $100 million market cap. The recent announcement of a pro-crypto senator as the vice president of Trump’s party has further fueled speculation. Many believe that Trump’s potential return to power could lead to a surge in the value of these coins.
The assassination attempt on Trump has also contributed to the heightened interest in Trump-themed meme coins. With polls indicating a possible Trump presidency, the value of $MAPE could see substantial growth. As the cryptocurrency market continues to evolve, Maga Pepe stands out as a coin to watch in the coming months.
