Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Analysts say they expect to see volatility in political memecoins as the Trump-Biden debate approaches.
ADOPTION NEWS

Analysts say they expect to see volatility in political memecoins as the Trump-Biden debate approaches.

By Crypto FlexsJune 21, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Analysts say they expect to see volatility in political memecoins as the Trump-Biden debate approaches.
Share
Facebook Twitter LinkedIn Pinterest Email

The TV debate between incumbent Joe Biden and Donald Trump will be broadcast live on June 27.

The showdown will compare the policies proposed by the two candidates. In this scenario, analysts at cryptocurrency exchange Bitfinex believe that political memecoins or “Politifi” tokens inspired by Trump and Biden (e.g. Super Trump and Maga based on Ethereum, misspelled tokens based on Solana) arte boden boden

-19.00060%
and Doland Tremp Tremp

-15.087%
—Prices may fluctuate significantly during and after the discussion.

“There could be significant movement in the ‘Politifi’ tokens depending on their performance during and after the debate as these tokens have turned into speculative assets in light of the election outcome,” Bitfinex analysts told The Block. Analysts added that it is important to note that Trump has positioned himself as the ‘crypto president’.

The Trump vs. Biden debate may briefly discuss the regulatory framework affecting cryptocurrencies, but analysts added that detailed policy announcements and legislative proceedings typically provide more substantive clarity than debate soundbites.

Analysts highlighted that market interest and potential impact could arise from discussions regarding general capital gains tax and specific cryptocurrency taxation policies.

“What is interesting and could have market implications is the discussion on capital gains tax in general and cryptocurrency taxation policy in particular,” they added.

PolitiFi token market capitalization

According to Coingecko’s PolitiFi token category, the market capitalization of the politics-themed token currently stands at $998 million, reflecting a change of -10.6% over the last 24 hours.

Several popular memecoins inspired by presidential candidates have experienced significant declines in value over the past 24 hours.

Ethereum-based ConstitutionDAO (ticker: people

-7.49%
) down 11.6% today. Likewise, Ethereum-based Mark

-14.53%
(ticker: Trump) is down 7.6%, while the Ethereum-based MAGA Hat (ticker: MAGA) is down 18.5% over the past day.

On Solana Blockchain, Jeo Boden (ticker: BODEN) recorded a significant decline of 26.7%, while Doland Tremp (ticker: TREMP) fell 16.8%. Meanwhile, Ethereum-based Super Trump (ticker: STRUMP) experienced a modest decline of 3.7%. These price movements highlight the volatility of the cryptocurrency market based on the latest trading sessions.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025
Most Popular

Hodler’s Digest, November 19-25 – Cointelegraph Magazine

November 25, 2023

Bitcoin breaks lifetime high price, breaks $69K barrier

March 5, 2024

Judge Classifies Two Obscure Altcoins as Commodities in $120M Ponzi Case

July 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.