Trump Meme Coins Plummet Following Guilty Verdict on Felony Charges

The value of meme coins linked to Donald Trump tumbled following the former president’s conviction on 34 felony charges. This verdict has significantly affected the speculative assets, which had surged in popularity among supporters and investors betting on Trump’s political invincibility. The sudden fall reflects the market’s sensitivity to Trump’s legal and political fortunes, underscoring the risks involved in politically tied speculative cryptocurrencies. As the legal proceedings continue to unfold, further volatility in these assets is expected. Read more at Decrypt