Donald Trump

Dogelon Mars

MAGA

<p>As the <a href="https://coinpedia.org/news/2024-us-elections-result-donald-trump-officially-elected-president/" target="_blank" rel="noreferrer noopener">U.S. presidential election results</a> just around the corner, the <a href="https://coinpedia.org/news/crypto-price-live-6th-nov-2024-btc-hits-all-time-high-doge-surges-28/" target="_blank" rel="noreferrer noopener">cryptocurrency market</a> is experiencing significant activity—not just with Bitcoin and Ethereum prices, but also with a flood of new memecoins. In just 24 hours, a wave of politically-themed tokens flooded the scene, as memecoins like DOGE, ELON, MAGA, and DJT have surged to the top of trending charts this week.&nbsp;</p>   
<p>Here's what you need to keep your eye on. </p>   
<h2 class="wp-block-heading" id="h-doge-elon-maga-and-djt-lead-the-pack">DOGE, ELON, MAGA, and DJT Lead the Pack</h2>   
<p>According to Santiment, a leading on-chain analytics platform, several politically-themed memecoins are generating a lot of social media attention. Among the most-discussed are Dogecoin (DOGE), Dogelon Mars (ELON), and tokens linked to political figures like MAGA and DJT.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
   https://twitter.com/santimentfeed/status/1853955923934412827 
 </div>
</figure>   
<p>This surge in interest aligns with the latest U.S. election updates, where <a href="https://coinpedia.org/price-analysis/bitcoin-hits-75000-as-donald-trump-ahead-in-race-to-the-white-house-here-are-the-key-levels-to-watch/" target="_blank" rel="noreferrer noopener">Donald Trump is currently leading</a> with 51.7% of the vote, followed closely by Kamala Harris with 47.5%.</p>   
<p>Trump’s lead in the polls is drawing more attention to tokens connected to him. The combination of election news and social media buzz is helping these tokens gain popularity.</p>   
<h2 class="wp-block-heading" id="h-election-themed-tokens-flood-the-crypto-market">Election-Themed Tokens Flood the Crypto Market</h2>   
<p>According to <a href="https://www.dextools.io/app/en/ether/pool-explorer" target="_blank" rel="noreferrer noopener nofollow">Dextools</a>, Election-themed tokens have flooded the cryptocurrency market. Over 40 Trump-related tokens were launched on Ethereum, and more than 100 appeared on Solana within just hours.&nbsp;</p>   
<p>More established tokens, like MAGA and KAMA, have seen significant trading with <a href="https://coinpedia.org/price-analysis/doge-mog-thrive-while-cat-trump-face-pullback-is-it-the-right-time-to-bet-on-maga/" target="_blank" rel="noreferrer noopener">MAGA token</a> alone pushing its market cap over $150 million. Meanwhile, the Kamala Harris-themed KAMA token rose 150% on November 1 before falling by 50%.</p>   [post_titles_links postid="376451"]   
<h2 class="wp-block-heading" id="h-politifi-coins-marketcap-touch-600-mln">PolitiFi Coins MarketCap Touch $600 Mln</h2>   
<p>The trend of election-related tokens isn’t new, but it's gaining ground as the election approaches. Data from CoinMarketCap reveals that “PolitiFi” tokens, such as the PEOPLE token from ConstitutionDAO, now hold a collective market cap exceeding $600 million.</p>   
<p>ConstitutionDAO (PEOPLE) leads with $347 million, while MAGA-themed coins maintain steady interest as political discussions intensify.</p>   
<p>Political tokens have been trending since September, reflecting the connection between major real-world events and the crypto market.</p>   
<p><strong>With every tweet and poll, the crypto world is watching closely—the real question now is how long this election-themed token rush will last.</strong></p>

Top 4 PolitiFi Memecoins to Buy As Trump Wins the U.S. Elections

Table of Contents

CoinPedia News

Other articles published on Nov 6, 2024

Donald Trump is 47th U.S. President: Say Hello to Bull Season

Why Ripple could hit $10 as SEC case nears resolution: Experts predict XRP’s best year yet

Massive XRP Transfer Sparks Speculation: $1.6 Billion Moved

0DOG, Vantard, SOL: November‘s leading cryptos to ride the meme coin supercycle

Hedera Integrates LayerZero Amid Mainnet v0.54 Release

50x, 100x, or More: Here are 6 Altcoins with the Highest Growth Potential for the Coming Bull Run

Join our free newsletter for daily crypto updates!