MAGA

<ul class="news-points wp-block-list">
 <li>Trump-themed PoliFi memecoins are defying the current volatility of the broader crypto market.</li>
 <li>MAGA, MAGA HAT, and TREMP have outperformed top cryptos like Bitcoin, Ether, and Dogecoin.</li>
 <li>The memecoins’ surge is driven by Trump’s increasing odds of winning the presidential election.</li>
</ul>
Trump-linked Political Finance (PoliFi) tokens are bucking the crypto market’s low volatility. Trump’s memecoins are surging, fueled by his increasing chances of winning the US election.&nbsp;
MAGA, MAGA HAT, and Solana-based TREMP tokens are seeing double-digit gains, even as the broader crypto market struggles.
On <a href="https://polymarket.com/event/presidential-election-winner-2024/will-donald-trump-win-the-2024-us-presidential-election?utm_medium=embed&amp;utm_campaign=market&amp;utm_source=https://www.coindesk.com/" target="_blank" rel="noopener noreferrer nofollow">Polymarket</a>, Trump’s election odds hit a two-month high, according to the decentralized prediction market platform. Trump’s odds on Polymarket are at 55.5%, compared to Kamala Harris’s 43.9%.
With the US Presidential election approaching, the crypto community is <a href="https://coinedition.com/trump-harris-and-the-future-of-u-s-crypto-regulation-what-to-expect/" rel="noopener noreferrer nofollow">speculating on its potential impact</a>. Analysts like Eric Balchunas suggest a Trump presidency could create a more crypto-friendly environment. Although Kamala Harris has voiced support for crypto, some fear her victory could reinforce the Democrats’ anti-crypto stance.
Read also : <a href="https://coinedition.com/gotbits-market-manipulation-charges-cast-shadow-over-crypto-markets/" rel="noopener noreferrer nofollow">GOTBIT’s Mar…</a>
The post <a href="https://coinedition.com/trump-memecoins-thrive-ahead-of-election-defying-market-trends/" rel="noopener noreferrer nofollow">Trump Memecoins Thrive Ahead of Election, Defying Market Trends</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Trump Memecoins Thrive Ahead of Election, Defying Market Trends

Coin Edition

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