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Crypto Prices Little Changed Ahead of U.S. PCE Inflation Report

June 2, 2024
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The Donald Trump-themed meme coin TRUMP plummeted Thursday after the previous president was discovered responsible of falsifying enterprise information. The token sank as a lot as 35% after the decision. In the meantime, Jeo Boden, a meme coin impressed by President Joe Biden, soared 20%. TRUMP quickly recovered although, rallying almost 50% to only underneath $17, even greater than earlier than the decision, in response to CoinGecko knowledge. TRUMP is at present priced at $14.39, a rise of over 11% within the final 24 hours. On Polymarket, the blockchain-powered prediction market, merchants continued to position cash on Trump defeating Biden within the November election. Trump is effectively forward – with 56% odds of profitable, versus 38% for Biden – even after the decision.



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Tags: AheadChangedcryptoInflationPCEPricesreportU.S
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