Former US President Donald Trump fell victim to a shooting attack during his campaign in Pennsylvania. Several public figures, including Elon Musk and President Joe Biden, reacted strongly to the incident.
Following the attack, Trump-related meme coins, like TREMP, saw a significant spike in their value. Reports indicate that Secret Service agents quickly evacuated Trump from the venue, causing a stir among the public and the crypto community.
Chaos Erupts at Trump Rally: Shooting Attack, Reactions, and Crypto Surge
Trump’s rally in Butler turned chaotic when the presumptive Republican candidate was shot in the back of the head, with a bullet piercing the upper part of his right ear, causing significant bleeding. Amidst the turmoil, Secret Service agents quickly intervened, escorting Trump off the stage and transporting him to a local medical facility.
Despite the severity of the situation, Trump managed to pump his fist in a defiant gesture to the crowd as he was led to his motorcade. The incident resulted in the death of one rally attendee and the suspected gunman, with two other spectators critically injured.
Following the assassination attempt, Trump’s spokesman, Steven Cheung, confirmed that Trump was “doing well” and undergoing examination. Trump also took to his Truth Social page to express gratitude to the US Secret Service and law enforcement for their swift response. He extended condolences to the families of those affected and shared his shock at the attack, describing his experience of hearing the shots and feeling the bullet.
The attack elicited strong reactions from public figures. Elon Musk, CEO of Tesla and SpaceX, expressed his support for Trump and hoped for his speedy recovery. President Joe Biden condemned the violence as “sick” and expressed relief that Trump had been promptly evacuated.
In a surprising turn, the crypto market reacted to the assassination attempt, with Trump-related meme coins seeing significant increases in value. The MAGA (TRUMP) meme coin surged from $6.31 to $9.68 before stabilizing at $7.90, while the Doland Tremp (TREMP) meme coin doubled in value from $0.38 to $0.76.
Trump’s Crypto Stance and Election Impact
Trump’s candidacy for the upcoming November election has attracted significant attention from the crypto community, largely due to his recent support for the industry. Data from the prediction market platform Polymarket shows that Trump’s chances of winning the election have risen to 70%, while Biden’s likelihood stands at just 16%.
However, Trump’s stance on cryptocurrencies has evolved over time. In July 2019, he openly criticized Bitcoin and other digital currencies, calling them “not money” and pointing out their volatility. This shift raises questions about his sincerity and potential policy changes that may follow.
Arthur Hayes, founder of the crypto exchange BitMEX, offered a critical perspective on Trump’s changing position in a recent blog post. Hayes suggested that Trump’s newfound support for cryptocurrencies is politically motivated, aimed at attracting the young, politically active, and financially influential crypto voter base in key swing states.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
Join Cryptos Headlines Community
Follow Cryptos Headlines on Google News
