Solana-based meme coin MAGAVERSE donates $1 million to Trump-backed organizations—matching high-profile contributions from Mark Zuckerberg and Jeff Bezos while establishing itself as a “top PolitiFi token.”
In a high-profile move underscoring the growing influence of meme coins, Solana-based project MAGAVERSE ($MVRS) has donated $1 million to organizations backed by President-elect Donald Trump. The announcement follows recent million-dollar contributions by technology titans Mark Zuckerberg and Jeff Bezos, shining a national spotlight on MAGAVERSE’s swift ascent.
“We put our money where our mouth is,” said MAGAVERSE community leader Lee Hutchinson in a statement. “This was our way of saying thank you to a man who has not only saved America but also saved crypto.”
The donation highlights the intersection of blockchain innovation and US politics, as MAGAVERSE representatives are scheduled to attend multiple official inaugural events in Washington, D.C., this week. Their inclusion as special guests has captured the attention of political insiders and crypto influencers, who have dubbed MAGAVERSE “the top PolitiFi token of 2025.”
Growing momentum
MAGAVERSE initially launched on the Solana-based meme coin platform Pump.fun but faced early hurdles when a rogue developer offloaded significant tokens, nearly causing the project’s collapse. New leadership intervened, harnessing the project’s populist appeal and determined community. That collective spirit, supporters say, has allowed MAGAVERSE to evolve into more than just another meme coin—becoming instead a symbol of resilience and hope for bold American leadership.
By leveraging Solana’s fast transaction speeds, low fees, and strong community backing, $MVRS has built a passionate following. The project’s supporters see its rise as part of a broader shift toward tech-forward, innovative solutions that can influence the country’s future direction.
Matching industry leaders
MAGAVERSE’s $1 million donation comes on the heels of equally substantial gifts from Zuckerberg and Bezos, putting the meme coin project on par with two of the world’s most influential entrepreneurs. The meme coin project is inspired by icons of strength and unity including Donald Trump, Elon Musk, Vivek Ramaswamy, RFK Jr., and Dana White, who strive to safeguard America’s future.
Broader crypto context
MAGAVERSE’s million-dollar donation arrives just as President-elect Trump is rumored to prepare an executive order to support crypto-friendly regulations. According to reports from the Washington Post, the administration may target “debanking” practices and potentially repeal Staff Accounting Bulletin 121, which forces companies to categorize digital assets as liabilities on their balance sheets. These reforms could lower barriers for crypto businesses and encourage broader adoption.
MAGAVERSE’s high-stakes philanthropy reflects a growing trend of cryptocurrency communities actively seeking roles in public policy. As the nation’s political and financial landscapes evolve, meme coins like $MVRS may continue to influence the discourse on regulation and innovation.
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Source: https://www.livebitcoinnews.com/magaverse-donates-1-million-to-trump-endorsed-organizations-matching-bezos-and-zuckerberg/