#MAGA# Strong Performance of U.S. Election-Themed Meme Coin, MAGA Hat
According to Odaily, the U.S. election-themed Meme coin, known as MAGA Hat (MAGA), has been showing a strong performance. Ten days ago, a smart money address, identified as 0xF42, spent 0.46 ETH, equivalent to approximately 1360 USD, to purchase 52.6 billion MAGA. A day later, the same address began selling at a price of 242,000 USD, making a profit of 240,500 USD. This represents a return on investment of 180 times.
The Meme coin market, particularly those themed around the U.S. election, has been robust. The MAGA Hat coin i