According to SolanaFloor monitoring, the market capitalization and volume of memes related to $TRUMP have surpassed those of the Trump Media & Technology Group (DJT) stock.

Odaily Planet Daily News Arkham officials announced in a post on X that on-chain detective ZachXBT has completed the bounty for "Who is the true creator of DJT". After the bounty task was released, ZachXBT submitted conclusive evidence proving that Martin Shkreli is the creator of DJT. Earlier news, Arkham launched a mission on X yesterday and announced a $150,000 reward to find the creator of DJT.

Odaily Planet News reported that DEGEN NEWS stated in a post by X that after Trump launched the DJT token on the Solana blockchain, a user sold $1.25 million worth of Ethereum on-chain meme coin TRUMP.

PANews reported on May 31 that the price of Meme coins with a Trump theme fluctuated significantly due to the establishment of 34 felony charges against former US President Trump in the "hush money" case. Among them, MAGA (code TRUMP) experienced a short-term big dump followed by a substantial rebound, currently trading at $15.17, with a 24-hour increase of 8.7%. FreeTrump (code $TRUMP) surged by 592.5% to reach $0.02352. Other related currencies such as MAGA Hat (code MAGA), Super Trump (code STRUMP), and MAGA VP (code MVP) experienced fluctuations ranging from 10% to 25%. Meanwhile, stocks of Trump Media and Technology Group (DJT) on the Nasdaq fell by 9% in after-hours trading. On the other hand, Jeo Boden, a Meme coin related to current President Biden (code BODEN), experienced a pump of over 10% in the short term followed by a big dump, currently trading at $0.2607, with a 24-hour decrease of 15.7%. According to previous reports, on May 30, a jury in a New York court responsible for the "hush money" case against former President Trump ruled that all 34 felony charges of falsifying business records against Trump in this case were established. Trump also became the first former president in the United States to be convicted.  

According to Jinse Finance, after former US President Donald Trump was convicted of 34 counts in the "hush money" case, the price of Trump-themed meme coin plummeted. MAGA (code: TRUMP), the largest Trump-themed meme coin by market capitalization, dropped from $15 before the conviction to $11.27, a decrease of nearly 25%. Other related coins such as MAGA Hat (code: MAGA), Super Trump (code: STRUMP), and MAGA VP (code: MVP) also fell by 16% to 22%. At the same time, the stock of Trump Media and Technology Group (DJT) fell 9% in after-hours trading on Nasdaq. The price of the meme coin Jeo Boden (code BODEN), related to the current President Joe Biden who is competing with Trump, rose 12% within an hour. After the verdict, Trump denied all charges and called the trial "manipulated". This is the first time in American history that a president has been convicted of a high crime.