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Crypto Backs Trump After Attack, Launches More $FIGHT Tokens
In a notable turn of events following the attempted assassination of former President Donald Trump, the cryptocurrency community quickly capitalized on the public fervor, launching several memecoins dubbed “FIGHT” in just 48 hours.
On July 14, during a public speech in Pennsylvania, Trump was punched multiple times, suffering a skin lesion. As Trump was surrounded by Secret Service investigators, he emerged from among them, fist clenched, yelling “fight, fight, fight” to a crowd of panicked spectators.
A day later, Trump made his first post-covid appearance at the Republican National Convention (RNC), where he was greeted by a roaring crowd chanting “Fight, fight, fight” in support. This chant has since inspired the creation of multiple FIGHT-themed tokens, reflecting the volatile intersection of politics and cryptocurrency.
One of the most notable tokens is $FIGHT. Created on July 14th by ARLiKJ, this token has seen an astronomical rise to sway by nearly 9000% in a single day. Launched at $0.0001324, $FIGHT is now trading at $0.01201, boasting a market cap of $11 million.
The token’s trading volume in 24 hours was a whopping $82.44 million, demonstrating significant interest from investors.
Another token, FIGHT FIGHT DOG (Ticker: FIGHT), entered the scene on July 15. Marketed with the slogan “The DOG said ‘FIGHT!’ Fight for your bags. Fight for your life. Fight for SOMETHING,” it initially gained attention but has since declined sharply.
Launched at $0.00007313, its value has fallen by 81% to $0.00001396. Despite this decline, it maintains a market capitalization of $13,981.51, with a 24-hour trading volume of $185,314K, which indicates some ongoing trading activity.
The third notable token, Fight Club (Ticker: FIGHT), also launched July 15. Inspired by an attempt on the life of meme icon Pepe during a speech, it carries the message of “FIGHT” and “make America great again.”
Despite its patriotic call to action, Fight Club has fallen 85% from its launch price of $0.00006058 to $0.000009256. Its market cap is now $9,236.02, with a 24-hour trading volume of $1.419 million.
These FIGHT-themed tokens highlight the cryptocurrency community’s rapid response to cultural and political events, reflecting both the potential for high returns and the inherent volatility of the market.
As the situation evolves, investors and observers will be watching closely to see whether these tokens can maintain their initial momentum or follow the typical boom-bust cycle of many memecoins of the past.
Read also: Trump has emerged as the clear favorite to attack cryptocurrencies