While most meme coins in the past have been centered around dog memes, MAGA Coin (TRUMP) is a new take on the subject. With the headline “Make Crypto Great Again,” the token is hoping to garner support from politically motivated crypto enthusiasts. However, as the token becomes more popular, many are wondering when — or if — the hype will die down.

The token was created in the summer of 2023 and remained relatively stagnant for several months. However, as Trump began to make headlines for continually winning primary elections, the token took off. 

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In the first week of March, the token appreciated more than 700%, going from less than $1.40 to more than $11.50. The market cap…

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