MAGA

MAGA (maga-hat.vip)

<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

Other articles published on Oct 11, 2024

Can Arkham Tools Boost Crypto Insights?

Genius Trump Solana Memecoin Will Explode 19,000% Ahead of Exchange Listing, While Shiba Inu and ...

5 Best Crypto Presales in October

Runes gains momentum on Bitcoin network as miner fees increase by 32%

SEC Commissioner Calls Their Crypto Plans a ‘Disaster,’ Why?

HyperRing Demonstrates Wearable Smart Device in Joint Venture With The College of Extraordinary E...

Join our free newsletter for daily crypto updates!