Trump-Inspired Meme Coins Surge After Biden Ends Election Campaign

Meme coins inspired by former President Donald $Trump experienced a surge in value following President Joe Biden's announcement to end his re-election bid. Solana-based $Trump meme coins, Doland $Tremp and TrumpCoin, rose by more than 10.5% and 6.5% respectively. Ethereum-based meme coin Maga Hat also saw a rise of over 7%.