A Secret Service spokesperson stated that the Republican presidential candidate was safe after the shooting. According to The New York Times, the alleged shooter was killed. One attendee was also killed in the incident.
Photos and videos of Trump with a bloodied face spread on social media. Following their release, “YES” shares in Polymarket’s contract on Trump’s victory in the presidential election rose by ten cents, reaching 70 cents. As a result, Trump’s odds of winning increased to 70%.
Meme tokens named after Trump, such as PoliFi, also saw a sharp rise after the shooting. For instance, MAGA increased by 34% in 24 hours to $8.38, and the satirical TREMP surged by 67% to $0.6471.
The joke asset BODEN lost about 15% in 24 hours, trading at $0.0333115. These meme coins have become a market for election bets. As noted by writer Noah Kumin in the Mars Review of Books, the shooting also inspired (if that is the right word) the creation of numerous new meme tokens on the Solana site Pump.fun. “Trump’s Resurrection” (ticker: ROT) and “Hero Trump” (HERO) are two relatively harmless examples.
In the wake of Saturday’s events, the overall cryptocurrency market increased by 3.31% in 24 hours. The largest cryptocurrency by market capitalization, BTC, gained 3.26%.
It is worth noting that Trump has expressed full support for cryptocurrency during his campaign. This month, he will speak at a Bitcoin conference in Nashville, and the Republican platform promises to halt the Biden administration’s “crackdown” on the crypto industry.