The post Here’s how much DJT stock is up since Donald Trump regained popularity appeared on BitcoinEthereumNews.com.

After the news broke out that the former United States president and current presidential candidate Donald Trump has regained popularity over his rival, Vice President Kamala Harris on prediction markets, the price of Trump Media (NASDAQ: DJT) stock has reacted accordingly. As it happens, since September 4, the day the news came out, the price of DJT stock has climbed by 6.24%, from $16.98 to the last closing price of $18.04, or 7.48% to its current pre-market price of $18.25, as per the most recent chart data retrieved by Finbold on September 10. DJT stock price analysis At the same time, Trump Media stock is recording a 5.50% increase on the day, a 4.90% decline across the past week, and a massive drop of 27.49% in the last month, although it has accumulated an advance of 3.38% on its year-to-date chart, as the latest price data demonstrates. Trump Media stock price year-to-date (YTD) chart. Source: Google Finance In other words, the price of DJT shares has returned a bit closer to the level it was trading at a week ago amid a continuous downtrend it has been witnessing since mid-July this year, far below the 2024 high of $66.22 from late March and the all-time high (ATH) of $97.54 from early March 2022. Trump vs. Harris in prediction markets As a reminder, on September 4, Trump retook the lead over Harris on Polymarket, the cryptocurrency-based platform taking bets in the regulated dollar stablecoin USD Coin (USDC), which currently shows the former U.S. president as having a 52% chance of winning versus Harris’s 45%. Trump vs. Harris in prediction markets. Source: Polymarket Meanwhile, it is also worth noting that Bernstein analysts have set the price of the leading crypto asset, Bitcoin (BTC), between $30,000 and $40,000 should Harris win the presidential…

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Filed under: News - @ September 10, 2024 12:21 pm