Trump’s Very Good Weekend: Cashflow, TikTok Followers, Betting Odds

Immediately following his widely controversial conviction in New York City, former president Donald Trump:

• Raised more than $200 million.
• Created a TikTok account and gained 4.1 million followers.
• Continued to climb in betting markets for the 2024 Presidential election.

Since the end of May, Polymarket odds show Trump above a 50% chance at the presidency, hitting 56% over the weekend.

MIG Reports analysis shows Trump’s conviction created a significant and increasing level of support from his followers, despite the legal troubles. This is evident from various voter groups emerging on social media demonstrating overwhelming support directly because of the verdict. It appears the conviction has served to galvanize his support base.

From posts on social media, many of his supporters view his conviction as a political move by Democrats to "get Trump.” This view is echoed across various posts and groups, framing the entire legal process as a leftist attempt to target Trump. Many compare the legal measures against Trump to a lack of action against other political figures on the left, further cementing the view of political bias in the justice system.

There is a suggestion that political attacks against Trump have made MAGA stronger, implying the adversity is energizing Americans against Democrats. A sense of being “on the attack” over the perceived victimization of Trump is overwhelming in online discussions, particularly in those referring to Trump as an outlaw and a strong American.

Many voters suggest the election in November will see Trump return as President, indicating an expectation of his perseverance. Many also reminisce about his leadership, wishing to see him back in office, despite the conviction. Many are also talking about the major influx in campaign contributions post-conviction, underscoring the financial support backing him.

There are some posts critical of Trump and his supporters, describing his followers as a cult, decrying the narrative that he is a victim. Many among the opposition take every opportunity to refer to him as a convicted felon. It appears, however, that these criticisms are outweighed by the volume of support shown for Trump in the aftermath of the conviction.