Trump's 'Make America Great Again' Slogan-Inspired Token Surges 10,000% In A Single Day
Portfolio Pulse from Mehab Qureshi
The Make Ethereum Great Again (MEGA) token has surged 10,000% in 24 hours, outperforming leading cryptocurrencies Ethereum (ETH) and Bitcoin (BTC). The MEGA team encourages individuals to focus on what they can contribute to the associated upcoming project, PulseChain. The SEC has initiated legal action against Richard Heart, the founder of HEX and associated with MEGA, accusing him of illegally generating over $1 billion by selling unregistered securities.
October 13, 2023 | 4:52 am
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NEUTRAL IMPACT
Bitcoin (BTC) experienced a minor gain of 0.1% in the last 24 hours, significantly underperforming compared to the MEGA token.
While Bitcoin's performance is not directly linked to MEGA's surge, the comparison could potentially influence investor sentiment. However, Bitcoin's market is much larger and less likely to be significantly impacted by such news.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Ethereum (ETH) saw a slight increase of 0.12% in the last 24 hours, but was overshadowed by the MEGA token's 10,000% surge.
Although Ethereum's performance is not directly linked to MEGA's surge, the comparison could potentially influence investor sentiment. However, Ethereum's market is much larger and less likely to be significantly impacted by such news.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50