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PANews reported on May 31 that the price of Meme coins with a Trump theme fluctuated significantly due to the establishment of 34 felony charges against former US President Trump in the "hush money" case. Among them, MAGA (code TRUMP) experienced a short-term big dump followed by a substantial rebound, currently trading at $15.17, with a 24-hour increase of 8.7%. FreeTrump (code $TRUMP) surged by 592.5% to reach $0.02352. Other related currencies such as MAGA Hat (code MAGA), Super Trump (code STRUMP), and MAGA VP (code MVP) experienced fluctuations ranging from 10% to 25%. Meanwhile, stocks of Trump Media and Technology Group (DJT) on the Nasdaq fell by 9% in after-hours trading. On the other hand, Jeo Boden, a Meme coin related to current President Biden (code BODEN), experienced a pump of over 10% in the short term followed by a big dump, currently trading at $0.2607, with a 24-hour decrease of 15.7%. According to previous reports, on May 30, a jury in a New York court responsible for the "hush money" case against former President Trump ruled that all 34 felony charges of falsifying business records against Trump in this case were established. Trump also became the first former president in the United States to be convicted.


 
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