The weird way the Crypto world reacts to major news events such as former president Trump getting indicted.

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The weird way the Crypto world reacts to major news events such as former president Trump getting indicted.

The weird way the Crypto world reacts to major news events such as former president Trump getting indicted.

Former President Trump has been indicted by NY Grand Jury.

whit all the news about it starting to fill the internet people have started to look for opportunities to make money off of it.

The Trump NFT collection has spikes 14% since the announcement of the indictment.

Is it people raising prices or simply flippers buying them now hoping for the news to bring more attention to them.

https://preview.redd.it/p8qhepkllyqa1.png?width=1242&format=png&auto=webp&s=33ccbd2498eff4d91363d08fc350b3aceedf567b

Scammers have also started making new tokens on various chains to try and capitalize on the news, these are all new and don't seem to have any liquidity but tell your MAGA crypto family and friends to stay away from FREE DONALD COIN unless they want to get scammed.

https://preview.redd.it/usnmh0pnlyqa1.png?width=1288&format=png&auto=webp&s=e075a7e11ad0d3046f4843bd624cdf0ff4854e2d

TrumpCoin (yes it's real) also spiked after the news, up almost 25% in an hour.

https://preview.redd.it/jd1w5f5qlyqa1.png?width=997&format=png&auto=webp&s=44ea4ee6477af8344a76fc3f38ca4d345df273f3

Anyways it's interesting to see how the crypto world works after major news announcements.

It's crazy how an hour after the announcement we already have multiple new tokens launched and the current tokens which don't appear to be actually connected to Donald Trump other than by name spiking in price from speculation.

Only in the Crypto verse

submitted by /u/Odlavso
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