A
jury
finding
Donald
Trump
guilty
is
more
than
just
bad
news
for
the
former
U.S.
president:
The
announcement
also
smacked
holders
of
the
TRUMP
meme
coin.
The
token
sank
as
much
as
35%
after
the
verdict.
Meanwhile,
Jeo
Boden,
a
meme
coin
inspired
by
President
Joe
Biden,
soared
20%.
Trump
was
found
guilty
on
Thursday
by
a
New
York
jury
on
all
34
counts.
He
was
accused
of
falsifying
business
records.
He’s
the
first
U.S.
president
convicted
of
a
felony.
Over
at
Polymarket,
the
blockchain-powered
prediction
market,
traders
nonetheless
continued
to
expect
Trump
to
defeat
Biden
in
the
November
election.
Trump
is
well
ahead
–
with
56%
odds
of
winning,
versus
38%
for
Biden
–
even
after
the
verdict.
CORRECTION
(May
30,
2024,
21:35
UTC):
Fixes
misspelling
of
TRUMP.