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5 memecoins in political domain

These Memecoins Are Soaring Ahead Of US Presidential Debate

byAnushka Basu
September 10, 2024
in Cryptocurrency News

The U.S. presidential debate has finally arrived, making it a perfect opportunity to make a quick buck from these Politi-Fi tokens. While the crypto market has shown a lacklustre momentum of late, the memecoin market has slowly picked up. Grabbing these memecoins can make you reach, as they will soar higher in November during the presidential elections. 

ConstitutionDAO

Amid all the political memecoins, Constitution DAO ($PEOPLE) rose 17.61% in the last 24 hours. While the token remained relatively stable during the market crash last week, the token skyrocketed from $0.05406 to $0.06331 in just a little over 12 hours. 

MAGA 

MAGA, or $TRUMP token, which is currently priced at $3.23, is closely linked to former president and now candidate Donald Trump’s Make America Great Again movement. With the help of the popularity that meme culture garners and by leveraging the political ethos of Trump, the token focuses on community engagement. With the presidential debate due today, the token’s price and market cap have rallied.  

MAGA Again 

$MAGAA, with a market cap of $8.69 million, rose by 13.85% in just 24 hours. With high liquidity, the token paired with wrapped Ethereum (WETH) has a high transaction volume on UniSwap crypto. Likewise, the MAGAA/USDT pair has accounted for a colossal transaction amount of $74K on MEXC. With the Trump-Harris debate on the horizon, the token could reach higher. 

MAGA VP 

MAGA VP, or $MVP, is associated with the Vice President candidate of Trump. Just like other Trump tokens, the cryptocurrency closely links itself to support the ethos of the Trump movement, with its spotlight on the Vice President. Now, as Mike Pence has been nominated as the VP candidate running alongside Donald Trump, the token has also rallied up in the last 24 hours. Currently trading at $0.06335, $MVP can soar as high as $1 before the November elections.  

Kamalaharris.fun 

Kamala Harris, who goes by $HARRIS, is making rounds in the crypto market as the entire market sits on the edge for the presidential debate. While Trump has literally voiced his support, Vice President Harris has yet to take a stand on crypto. Changing hands at $0.0007693, $HARRIS has grown over 20% in a day. If Vice President Kamala Harris shows her support towards the crypto industry, this token can break all bounds and rally 10X.  

There is no doubt that tonight’s presidential debate will have a major impact on the crypto industry, as discussions around policy can pump up volatility. This makes now the ideal time to enter the market and secure profits, especially if post-election results do not turn out to be in favor of the crypto community. Acting before uncertainty sets in might help investors make the most out of their investments.

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Anushka Basu

Anushka Basu

Anushka Basu serves as a crypto price analyst and news reporter. With a strong focus on price analysis and market trends, Anushka excels at conducting comprehensive research and analysis for various cryptocurrencies. Having coordinated PR efforts and aided journalists from esteemed publications like Business Insider and Fox Television, she adeptly shares a specialized understanding of digital currency and the DeFi industry.

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