Trump-Themed 'MAGA' Crypto Coin Surges in Value, Seeks Meme Status

Trump-themed MAGA coin has surged nearly 400% in market cap to over $285 million, aiming to reach meme coin status like Dogecoin or Shiba Inu
MAGA coin is being positioned as first experiment in "PoliFi", merging politics, finance, and community
Token price movements claimed to correlate with Trump-related events, making it a prediction market of sorts for his electoral chances
Roadmap tied to election cycle; Biden-themed coins attempted but none have "caught fire" like Trump coin
Investors include Trump supporters but also non-partisan crypto traders simply betting on coin's attention economy and price growth potential