2024

Donald Trump

President Donald Trump

<ul class="news-points"> 
 <li>Trump’s meme coins, like MAGA, surged to $775M, dwarfing Biden’s Jeo Boden at $87M, highlighting market favoritism.</li> 
 <li>Expert analysis credits Trump’s enduring popularity for driving speculative interest in PolitiFi tokens.</li> 
 <li>Despite risks on smaller exchanges, Trump dominates 7 of the top 10 meme coins, amplifying pre-election crypto fervor.</li> 
</ul> 
Political meme coins have seen a surge in popularity, with former President Donald Trump significantly outpacing current President Joe Biden, according to a crypto news outlet.. 
As the November 2024 U.S. presidential election nears, these digital tokens have garnered attention for their speculative nature and thematic ties to political figures. 
<a href="https://www.reuters.com/technology/cryptoverse-trump-drubs-biden-meme-coins-2024-06-25/" target="_blank" rel="nofollow">Trump-affiliated tokens</a>, such as MAGA and MAGA Hat, have experienced substantial growth in trading volume and market value in recent weeks. The largest among them, trading under the ticker TRUMP, witnessed a remarkable rise from near-zero to a peak market value of $775 million by June 2024. In contrast, Biden-related tokens like <a href="https://coinedition.com/memecoin-jeo-boden-skyrockets-after-donald-trumps-public-statement/">Jeo Boden</a>, launched earlier this year, peaked briefly at $648 million before settling at $87 million. 
The disparity in token popularity highlights Trump’…
The post <a href="https://coinedition.com/trump-meme-coins-dominate-politifi-market-as-2024-election-nears/">Trump Meme Coins Dominate PolitiFi Market as 2024 Election Nears</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Trump Meme Coins Dominate PolitiFi Market as 2024 Election Nears

Coin Edition

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