DARK MAGA (ETH: $DMAGA) is an Ethereum-based meme coin that was inspired by Elon Musk, and Donald Trump. It embodies Musk’s bold vision for the future, and Trump’s bold leadership, and his support of the crypto industry.
DARK MAGA And Elon Musk
The DARK MAGA ($DMAGA) meme coin was inspired by Elon Musk’s recent change to his profile picture on X where he posted a photo wearing a black MAGA hat, in contrast to the usual red and white color scheme. While joining Trump for a rally in Pennsylvania on October 6, 2024, Musk declared he was “dark MAGA.”
His declaration inspired the DARK MAGA meme coin team to create a project that represents “power, ambition, and meme potential.” According to the project’s website, the goal is to “Make Crypto Great Again!”
$DMAGA Tokenomics
DARK MAGA ($DMAGA) tokens have a total supply of 420,690,000,000, and have zero sale and buy taxes. Additionally, the liquidity for the project has been burned.
$DMAGA Token Skyrockets After CoinMarketCap Listing
On Thursday, October 17, 2024, the DARK MAGA team announced on X that the $DMAGA token had been listed on CoinMarketCap. Soon after the listing, the price spiked over 60% to a new all-time high price of $0.05632 per token.
CoinMarketCap is a leading price-tracking website for the crypto sector. Consequently, a listing there exposes tokens to the global crypto community, which often leads to a price spike. The token has a trading volume of $932.83K in the past 24 hours and a market cap of $1.41M. It is available for trading on Uniswap V2 and V3.
Should You Add DARK MAGA ($DMAGA) To your Portfolio?
The $DMAGA token appeals to Trump’s highly motivated fanbase and Elon Musk’s highly engaged online following. The token gives this huge fanbase of millions of people a common course to rally around. It represents their hopes for a crypto-friendly Trump administration and a multi-planetary technologically driven future as envisioned by Trump.
Based on this potentially large following, the price of the DARK MAGA token could skyrocket to new heights as word about it spreads in various tight-knit online communities. With the US presidential election less than a month away, this voter base is highly engaged, which could boost the appeal of the token.
Another factor working in its favor is that the crypto world is currently in the meme coin season, which has seen various meme coins reach new heights. Based on these factors, adding $DMAGA tokens to your portfolio could potentially pay off in the immediate future.
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