According to the FBI, Donald Trump was the target of what was a attempted murder at his golf club in West Palm Beach, Florida on Sunday, nine weeks after the Republican presidential candidate survived another attempt on his life. The former president said he is out of danger and officials have taken a man into custody.
Secret Service Agents found an armed suspect, Ryan Wesley Routh, hiding in the bushes near the golf course. He was armed with an AK-style rifle and was 300 to 500 yards away from Trump. The officers opened fire on him and he fled. He was eventually captured on the I-95 freeway.
Trump assassination attempt: profile of suspect
Fifty-eight years old Ryan Wesley Routh has been a convicted felon his entire life. He moved from North Carolina to Hawaii. He was charged with more than 100 crimes and allegedly reported recruiting people for Ukraine to fight against Russia.
Detected security risks
The incident has raised concerns about the protection of political officials, as the Secret Service is under intense scrutiny following a similar attempt in July 2024. Party leaders condemned the violence and expressed relief for Trump’s safety; Vice President Kamala Harris and President Biden praised the Secret Service’s response.
This is happening during a very heated presidential election period. Trump is now the Republican nominee and has multiple criminal charges filed against him, citing his efforts to stay in power after losing the last presidential election. This process of coming to terms with the aftermath of this attempt on his life will test his ability to focus on the opposition.
Impact on crypto tokens
Since the attempted assassination of Donald Trump, tokens based on him have suffered heavy losses. However, most of them, including MAGA, TRUMP, and TREMP, seemed to hold up somewhat but are still negative.
MAGA down in the last 24 hours. Source: Coingecko
MAGA Hat (MAGA), the second-largest Trump token, dropped 6.5% — up 32% in the past week so far. The MAGA trading session at $0.00006116 already showed some potential support at $0.045, where it could still attract investors if the price holds near the bottom.
The largest of the Trump tokens, MAGA, is also down quite a bit, dropping 12% to $2.12, a far cry from its all-time high of $17.07. Still, this makes it quite profitable for some early investors. The TRUMP price chart does provide some reason to believe that the token will bottom out at $1.2. However, it could drop further to $0.40-$0.70, at which point stronger support will emerge and a recovery will be attempted.
Meanwhile, the third largest coin themed around Trump is Doland Tremp (TREMP). And like other coins, it seems to be a bit more stable. TREMP dropped just 3% in the past 24 hours and is trading at $0.1231 near a solid support zone that was tested multiple times last month, which could indicate a recovery price.
Main image from South China Morning Post, chart from TradingView