Donald Trump’s crypto MAGA (TRUMP) has recovered after plummeting moments after Trump was found guilty on 34 felony counts. Super Trump (STRUMP) also fell after the conviction, however, didn’t recover to the same extent as TRUMP.
Moreover, there might be a possibility that Trump could be sentenced to prison or put on probation for his involvement in the hush money case before the 2016 presidential election.
Why Donald J. Trump Got Convicted!
New York Judge Juan Merchan found Donald J. Trump guilty of 34 felony counts related to falsifying business records.
Breaking News: Donald Trump has been officially found guilty on all 34 felony counts
— SOUND (@itsavibe) May 30, 2024
the former President of The United States is now a convicted felon, in the New York hush money trial, becoming the 1st ex President convicted of a crime pic.twitter.com/KfG5mbzbkc
As the first former US president to be convicted of a felony, Trump now faces the possibility of a prison sentence or probation for his involvement in a hush money payment scheme before the 2016 presidential election.
Trump Decries Trial as ‘Rigged,’ Labels it a ‘Disgrace’
As per the Trump team tweet on X, following the conviction, Trump maintained his innocence, and he labeled the trial’s outcome as a “disgrace.” He has expressed his belief that the trial was unfairly influenced by Judge Juan Merchan, whom he deems corrupt.
In particular, asserting his innocence, Trump has voiced concerns about the trial’s perceived unfairness, which reflects a broader systemic issue within the country.
RIGGED. pic.twitter.com/8rX2P22iu0
— Team Trump (Text TRUMP to 88022) (@TeamTrump) May 30, 2024
Trump has suggested that the current administration has orchestrated these events to damage opponents’ status politically, describing the situation as a disgrace. He remains resolute in fighting for his innocence, confident in his eventual triumph.
Above all, he claims that the country was being overwhelmed by individuals returning from prison and mental health institutions, which, in his view, has led to societal decline. He contends that the trial’s decision was predetermined due to the involvement of a biased judge and has pledged to continue his fight in defense of the Constitution.
MAGA (TRUMP) & Super Trump (STRUMP), Price Overview!
At press time, the MAGA (TRUMP) has been riding on an upward trendline from May 9th from a price of $4.00 and has been trading at $14.232 with an intraday loss at -5.66%.
Meanwhile, Super Trump has declined by 18.07%, trading at $0.01150. The MAGA has recovered after the dip in response to the conviction news, but STRUMP has continued to plunge.
A smart whale bought $498K worth of #MAGA $TRUMP at the dip after #DonaldTrump was found guilty.
— Spot On Chain (@spotonchain) May 31, 2024
And now makes $102K (+20.4%) in unrealized profit!
Besides $TRUMP, the whale also has $2.32M in (un)realized profits from $FTM and $PEPE.
Follow @spotonchain and check out the… pic.twitter.com/SDNaoJk1Og
Moreover, a spot-on chain tweeted in a post on X that a whale had bought $498 K worth of MAGA at the dip after he was found guilty, and now the whale is in a profit of $102K.
