MAGA Price
(MAGA)
USD($)
Note: This cryptocurrency has not yet been officially listed on KuCoin.
MAGA Coin ETH (MAGA) Live Price Chart
Note: The data for this cryptocurrency is provided by TokenInsight. Data provided are for informational purposes only and does not constitute investment advice. Always be mindful of the risks associated with investing.
Overview
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Note: This data is for reference only.
MAGA(MAGA) Profile
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$0.000239
$0.000239
- ATH
- $0.00039234
- Price Change (1h)
- 0.00%
- Price Change (24h)
- 0.00%
- Price Change (7d)
- 0.00%
- Market Cap
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- 24h Volume
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- Circulating Supply
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- Max Supply
- 1B
About MAGA
How can I buy MAGA Coin ETH (MAGA)?
Buying MAGA on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy MAGA Coin ETH (MAGA) for more information. What Is MAGA Hat (MAGA) Crypto?
MAGA Hat (MAGA) is a memecoin inspired by former President Donald Trump. The term "MAGA" stands for "Make America Great Again," Trump's famous campaign slogan. This token is part of the PolitiFi sector, which combines politics, finance, and cryptocurrency.
MAGA Hat aims to capitalize on political meme culture, similar to other meme coins like Dogecoin. It has gained popularity due to its theme and the buzz surrounding U.S. presidential elections. The coin has experienced significant price volatility, with rapid gains and losses driven by market sentiment and political events.
History of MAGA Hat and MAGA Coin
MAGA Hat was launched on August 11, 2023, with the aim to "Make Crypto Great Again.” The founders remain anonymous, which is common in the meme coin space. The project has reserved 10% of its total supply for Trump-related projects and MAGA-friendly political campaigns, aligning itself with conservative causes.
The roadmap for MAGA Hat includes plans to release more MAGA-themed tokens, each supporting different aspects of the MAGA mission. The coin also focuses on promoting economic freedom and supporting charitable activities aligned with the MAGA movement.
What Is MAGA Hat Tokenomics?
The maximum supply of MAGA Hat tokens is 420.69 billion. MAGA Hat imposes a 1% tax on buy and sell transactions. This tax is used to fund donations to Disabled American Veterans (DAV) and support Trump-related projects and campaigns.
10% of the total supply is reserved for donations to MAGA-friendly political candidates and projects supporting the MAGA mission.
What Is MAGA Token Used for?
The $MAGA token is primarily used to promote and support the "Make America Great Again" (MAGA) slogan and related political causes. Here are the main uses:
- Support Political Campaigns: The token reserves 10% of its total supply for Trump-related projects and MAGA-friendly political campaigns, enabling supporters to contribute financially to their preferred causes.
- Charitable Activities: MAGA Hat aims to support various charities aligned with the MAGA movement, providing a way for holders to contribute to social causes through their investments.
- Community Engagement: As a meme coin, MAGA Hat brings together a community of supporters and investors who share similar political views and interests. The community-driven nature of the token fosters engagement and participation in related activities.
- Investment and Speculation: Like other memecoins, MAGA Hat serves as a speculative investment. Its value is influenced by market sentiment, political events, and community support, making it an attractive option for traders looking for high-risk, high-reward opportunities.
How Does MAGA Hat Work?
Similar to other memecoins in the crypto market, MAGA Hat’s value is largely driven by community interest and market speculation. Inspired by Donald Trump's "Make America Great Again" slogan, MAGA Hat aims to promote this message in the crypto world, although it has no official connection to Trump.
The coin leverages its meme status and political theme to attract attention and investors. Part of its appeal lies in its promise to support Trump-related projects and MAGA-friendly political campaigns, with 10% of the total supply reserved for these purposes. This alignment with a political cause helps it stand out in the trending meme coin market.
MAGA Hat operates on the Ethereum blockchain, allowing it to benefit from Ethereum's robust infrastructure. It is traded on various centralized and decentralized exchanges, making it accessible to a wide range of investors.
As with any meme coin, MAGA Hat's value is highly volatile, influenced by market trends, political events, and community sentiment. This volatility can lead to significant price swings, presenting both opportunities and risks for investors.
Conversion Rate
FAQ
What Is MAGA Hat Price Prediction?
These factors collectively contribute to the high volatility and unpredictable nature of the MAGA price prediction:
- Market Sentiment: Like other memecoins, the MAGA Hat price is highly sensitive to market sentiment. Positive news, endorsements, or social media trends can drive significant price increases, while negative news can cause sharp declines.
- Political Events: The coin is closely tied to the political landscape, particularly events related to Donald Trump and the MAGA movement. Major political events or announcements that resonate with Trump supporters can impact the MAGA token price positively or negatively.
- Community Support: The strong community of MAGA supporters plays a crucial role. Community-driven buying and selling, along with promotional activities by influencers, can cause fluctuations in the MAGA to USD price.
- Market Liquidity: The availability of the token on various exchanges and the trading volume affects its price. High liquidity can stabilize the $MAGA price, while low liquidity can lead to higher volatility.
- Speculative Trading: As a meme coin, speculative trading is a major factor. Traders looking for quick profits can drive up the MAGA crypto price rapidly, followed by potential sell-offs that lead to sharp declines.
Is MAGA Hat (MAGA) a Good Investment?
These factors make MAGA Hat an appealing option for those looking to invest in politically-themed meme coins with potential high returns and a strong community backing.
- Potential for High Returns: The value of MAGA Hat has shown significant growth since its launch, with instances of rapid price increases. Early investors have seen substantial returns due to the coin's volatility and popularity.
- Community and Political Support: MAGA Hat aligns with the "Make America Great Again" movement, attracting a dedicated community of supporters. The token reserves 10% of its supply for Trump-related projects and MAGA-friendly political campaigns, adding a unique social and political element to the investment.
- Meme Coin Popularity: As a meme coin, MAGA Hat benefits from viral trends and the growing interest in cryptocurrencies. Meme coins often experience rapid and large-scale growth due to their novelty and community-driven nature.
- Charitable Contributions: Investing in MAGA Hat supports charitable activities, specifically donations to Disabled American Veterans (DAV). This adds a philanthropic aspect to holding the token, appealing to investors interested in contributing to social causes.
- Market Accessibility: MAGA Hat is traded on various centralized and decentralized exchanges, making it accessible to a wide range of investors. Its presence on multiple platforms ensures liquidity and ease of trading.
However, always remember that meme coins are highly volatile and come with significant risks. Conduct thorough research before investing.
What is the all-time high price of MAGA Coin ETH (MAGA)?
The all-time high price of MAGA Coin ETH (MAGA) is $0.00039233650223119900. The current price of MAGA is down 39.08% from its all-time high.
How do I store MAGA Coin ETH (MAGA)?
You can store your MAGA Coin ETH in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your MAGA include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.