MAGA Price Prediction: TRUMP Plunges 63% Despite US Election Win, But Traders Flock To This PolitiFi ICO With 726% Staking APY
The MAGA price plunged 63% in the last 24 hours to trade at $1.65 as of 00:13 a.m. EST on trading volume that skyrocketed 122% to $84.7 million. This comes as major PolitiFi tokens take a hammering, plunging 23% to a market capitalization of $520 million in the aftermath of Donald Trump’s win in the US election. Against the expectations of many, tokens related to Trump slumped, with MAGA Hat dropping 54%, TREMP taking a 63% hit, and STRUMP 67.5%, according to CoinGecko . MAGA Price Poised For A Bullish Trend Reversal Just before the election results were finalized, the MAGA price rallied. It climbed to the upper boundary of the falling channel pattern as the bulls were looking for a breakout. However, the price of MAGA has now breached the lower boundary of the channel. Still, according to data from GeckoTerminal , TRUMP seems to be finding support at this level within the $1.60 support. The recent significant correction has pushed the price of MAGA below both the 50-d...