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PolitiFi Memecoins Soar: Trump-Themed Tokens Rally 30% Ahead Of US Elections Newsbtc 04 Nov 2024

PolitiFi Memecoins Soar: Trump-Themed Tokens Rally 30% Ahead Of US Elections 🇺🇸

Just hours before the US presidential elections, PolitiFi tokens are experiencing a notable increase. This sector has surged nearly 10% in the past 24 hours, with Trump-themed memecoins taking the lead. Following this trend, some investors predict a significant rally for these tokens in the coming days.

Trump-themed memecoins, like MAGA (TRUMP) and Doland Tremp (TREMP), have been at the forefront, boosted by Trump's crypto-friendly statements. The tokens reached their all-time high during Q2, though they have since retraced significantly. The sector once again surges amidst the election atmosphere, with TRUMP rising by 26% and MAGA Hat by 32.6% within the past day.

MAGA Hat's daily trading volume has increased by nearly 30%, nearing a $90 million market cap, while Trump leads the prediction market with a 15% gap. Investors expect the rally of Trump-themed memecoins to continue, especially if Trump is victorious.

Concurrently, Kamala Harris-themed tokens have faced a decline, with Kamala Horris (KAMA) dropping nearly 25% alongside a 34% decrease in trading activity. The market's volatility continues as election results remain unpredictable.

Source: www.newsbtc.com ↗

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