The victory of Donald Trump in the recent U.S. presidential election has significantly influenced the crypto markets. Political-themed meme coins have experienced massive price swings, showcasing their volatile nature.

Bitcoin's soaring price, now topping $93,400, has coincided with the rise of these meme coins. The influx of interest and investment in such tokens highlights their growing popularity.

Currently, the global crypto market cap stands at an impressive $3.06 trillion, underscoring the substantial impact of major political events on market dynamics. The political meme coins carry a combined market cap of $2.09 billion, reflecting their significant presence within the digital currency space.