🔘The meme token MAGA, dedicated to former U.S. President Donald Trump, has seen significant gains following a post by billionaire Elon Musk. On July 20, Musk shared a message on social media platform X, saying, “Make America Great Again,” accompanied by an image depicting people of varying IQ levels, including both Trump supporters and detractors. In response, MAGA’s price rose by 8% by the morning of July 21. However, this increase pales in comparison to the 53% spike triggered by the failed assassination attempt on Trump.
🔘On the prediction platform Polymarket, Trump’s chances of winning the upcoming election are estimated at 65%, while Joe Biden’s reelection odds stand at only 7%. A Trump victory could potentially trigger a strong bullish trend for MAGA.