As the US Presidential Election Approaches, is Trump MEME Becoming a Best-loved MEME?

[TLDR]:

As the political showdown between Biden and Trump intensifies, crptocurrenc as an important campaign topic is also influencing the choices of oung voters, and man related MEME tokens are also warml sought after in the market.

Based on market cap, the most popular US election MEME tokens currentl are Maga (TRUMP), Jeo Boden (BODEN), and Doland Tremp (TREMP).

MEME itself is accompanied b significant volatilit and speculation, and investors should also approach it rationall and participate appropriatel.

Introduction

Looking back at the international political stage in recent ears, from the precedents of El Salvador, South Korea, and Argentina to this ear's US elections, crptocurrenc has clearl become an important issue that cannot be ignored during national elections.

Regarding this issue, current US President Trump and Democratic candidate Biden have once again expressed completel opposite views, forming a clear opposition and driving a series of related token skrocketing prices.

Let MEME be Great Again, Trump Becomes a Crpto KOL

Recentl, tokens such as TRUMP and BODEN named after two US presidents have skrocketed, and another wave of MEME fever has arrived.

The rise of this trend is not accidental, it is closel related to the upcoming US presidential election and their polic attitude towards crptocurrencies.

During his earl presidenc, Trump expressed opposition to crptocurrencies and Bitcoin, but since leaving office, he has not onl introduced various NFTs, but also recentl expressed that if he returns to the White House, he ma take a more proactive polic stance on crptocurrencies. Even Bitcoin Magaine recentl revealed that it has been working with the Trump campaign team to assist in formulating polic agendas for Bitcoin and crptocurrencies.

Meanwhile, the US House of Representatives recentl passed a resolution H.J. Res 109 targeting the crpto industr, allowing heavil regulated financial companies to become custodians of Bitcoin and other crptocurrencies. But this resolution was opposed b the current President Biden. Biden made it clear in Wednesda's statement that he will firml oppose an interference with the SEC's work, and pointed out that SAB 121 is issued in response to existing technical, legal, and regulator risks that have caused significant losses to consumers.

As a result, as the "political showdown" between Biden and Trump graduall intensifies, crptocurrenc as an important issue in the election is also influencing the choices of oung voters.

Against this background, a series of MEME tokens related to crptocurrencies have also been warml sought after in the market.

According to CoinGecko's data, there are currentl 19 PolitiFi tokens included, with a total market value of $661M and a 24-hour increase of 4.3%. The top three companies in terms of market value are Maga (TRUMP), Jeo Boden (BODEN), and Doland Tremp (TREMP), with gains of 80.2%, -21.9%, and 90.7% in the past 7 das, respectivel. Source: CoinGecko

The Three Most Trending MEMEs

MagaTRUMP

TRUMP is a MAGA token with the theme of former US President Trump. Recentl, it has quickl gained popularit due to Trump's series of crpto friendl remarks and has become the most widel recognied Trump MEME coin. Source: magamemecoin.com/

This remarkable performance ma indicate that MAGA coin is about to enter the ranks of celebrities in the MEME industr, alongside popular brands such as DOGE, leading a new trend in the digital currenc market.

As of the writing date, the number of Hodlers for this coin reached 42K, with a market value of $416M.

Doland TrempTREMP

TREMP is a meme coin officiall launched in August 2023, committed to fulfilling social responsibilit. The project team stated that the will donate a portion of the 1% income collected from each transaction to the United States Veterans and Child Care Program.

Similar to Biden inspired meme coin BODEN, TREMP's official website is also filled with semi joking references and emoticons to the former president. Source: @dolandtremp_sol

As of the writing date, the number of Hodlers for this coin reached 26.50K, with a market value of $61M.

Jeo Boden (BODEN)

Jeo Boden (BODEN), which intentionall misspelled Biden's name, was launched in earl March this ear. Through exaggerated President Biden mimicr, unique Comic Sans font, and rich emoji elements, it provides users with a unique experience, and its market value once exceeded TRUMP. Source: @bodenonsolana

It is worth noting that Trump stated at the recent Trump Digital Trading Cards dinner that he does not like the BODEN token, stating that "there is a bit of mone in this coin."

As of the writing date, the number of Hodlers for this coin reached 38.92K, with a market value of $181M.

Trump Digital Trading Cards

Trump Digital Trading Cards currentl have three series of NFTs (non-fungible tokens).

The first series was released in December 2022, with a total of 45,000 cards priced at $99 each. Customers who purchase 45 cards will receive NFT dinner tickets.

The second series was released in April 2023, priced at $99 per sheet and sold out within 5 hours of release.

The third series, MugShot Edition, was released in Ma and offers 100,000 cards. Purchasing 47 cards will give ou the opportunit to have dinner with Trump. If ou purchase 100 tickets, buers can also enjo a VIP cocktail reception, a limited edition Bitcoin engraved digital transaction card, and two VIP dinner tickets. Source: OpenSea.io

However, American talk show host Jimm Kimmel criticied Donald Trump's NFT project collectors as "fools" and "freaks."

These cards are owned b NFT INT LLC and have seen a significant surge in after-sales sales, while Trump has authoried his image to this compan and earned some revenue from it.

Election Driven Speculation and Betting Still Need Rationalit

In summar, as the Biden administration and the US Securities and Exchange Commission (SEC) have recentl exerted heav regulator pressure on the crpto industr, the emergence of MEME as a political mocker reflects the concerns of the new generation of crpto voters that regulations ma stifle industr innovation vitalit. The rise and fall of TRUMP and BODEN reveal people's emotional preferences. Source: Decrpt

Man PolitoFi tokens inspired b former US President Donald Trump and current President Joe Biden have become the leaders of this trend. These plaful tokens have attracted the attention of a large number of crpto enthusiasts and sparked a wave of MEME speculation.

Objectivel speaking, these MEME tokens cleverl utilie the highl polaried political landscape of the United States, presenting the name and image of the incumbent president of the United States in a distorted and exaggerated meme form through strong narrative and speculation. Their meme narrative will continue to be hped up with this ear's general election.

Finall, it should be noted that MEME itself is highl volatile and speculative, and investors should approach it rationall and participate appropriatel.