Key Takeaways
Former President Donald Trump’s surprise campaign stunt—flipping burgers at McDonald’s—was the recipe for a perfect crypto storm this weekend.
Political memecoins, particularly those seasoned with Trump’s brand, saw their values sizzle and surge by at least double digits.
The crypto community was abuzz with the former President’s takeaway window antics, and the Trump-namesake memecoin MAGA (TRUMP) was one of the first to sizzle, rising from a daily low of $3.98 to a daily high of $4.39— a 10% increase.
But the real pièce de résistance was Trump AI, a newly listed memecoin that saw a staggering 168% surge on the 24-hour chart.
Not to be outdone, PEPE TRUMP , another freshly launched memecoin, jumped over 150%.
Existing Trump-themed memecoins also got in on the action, with MAGA VP rising 11% and DADDY TRUMP climbing over 10%.
The memecoin mania sparked by his burger-flipping stunt helped the former President turn up the heat on his opponents, and his election prospects are better than ever.
According to Polymarket , Trump’s odds of winning the election have increased by 2%, widening his lead to nearly 22%.
His chances of winning a second presidential term on Polymarket now stand at 61.3% against Vice President Kamala Harris, who trails at 38.6%.
After lagging behind Harris for months, Trump’s chances got a significant boost in early October, partly thanks to Elon Musk’s endorsement.
Moreover, the former President’s McDonald’s stint has also impacted swing state markets. With only three weeks to go until the election, Trump is now favored to win six out of seven critical swing states.