The crypto world has always been a hotbed for innovation, speculation, and, sometimes, outright absurdity. Several meme coins are proof of the latter! Among the latest trends in this volatile market are political meme coins or PolitiFi coins—cryptocurrencies named after or inspired by political figures and movements.

With the U.S. presidential elections drawing nearer, a new wave of excitement is sweeping through the cryptocurrency market, introducing new political meme coins. These tokens are putting a fresh spin on the meme coin trend, capturing the imaginations of both crypto enthusiasts and politically engaged citizens.

This emerging sector features intriguing coins based on prominent political figures and slogans. Notably, most tokens are inspired by the former U.S. President and current Republican candidate, Donald Trump, and the sitting President, Joe Biden. Slogans like "Make America Great Again" also find their way into this digital currency arena.

As the hype around the U.S. elections intensifies, these political meme tokens can see significant gains. Several of these coins have had positive growth after launching, with surges likely to occur as the battle between Republicans and Democrats heats up in late 2024. Let us survey the most promising of these coins so you can decide whether this type of crypto asset belongs in your portfolio. The accompanying market data were taken from CoinMarketCap on June 25, 2024, and are included as a reference only.

1. Jeo Boden (BODEN)

The BODEN token, themed after the current U.S. President and Democratic candidate for the 2024 elections, has captured the attention of both crypto enthusiasts and political followers. Shortly after its launch on March 7, 2024, BODEN experienced a meteoric rise, followed by a significant correction phase. However, this token shows signs of a potential comeback, possibly breaking past the $1 mark as we approach the elections.

Market price: $0.1571
Market capitalization: $113,883,420
Trading volume (24 h): $20,221,500

2. Doland Tremp (TREMP)

This token is inspired by Donald Trump, the former U.S. President and Republican candidate for the 2024 elections. The TREMP token has garnered significant attention. Experiencing dramatic fluctuations, it is currently trading at about $0.76, signaling a bull run that could propel it past the $1 mark and reach a new all-time high of $2. For those keeping an eye on the political and crypto landscapes, TREMP presents an intriguing opportunity.

Market price: $0.7595
Market capitalization: $75,402,127
Trading volume (24 h): $27,669,285

3. TrumpCoin (DJT)

The DJT token is also centered around Donald Trump and is gaining traction thanks to the former President's meme-worthy personality. After a significant initial surge, the DJT token soared to an all-time high of $0.018 on June 20, 2024. However, it could not maintain its bullish momentum, leading to a significant drop in price. As the U.S. elections approach, the uptrend will likely gain steam, pushing the DJT token to a new all-time high of $0.10. For those following the intersection of politics and cryptocurrencies, TrumpCoin is a noteworthy contender.

Market price: $0.01247
Market capitalization: $135,832,090
Trading volume (24 h): $19,574,314

4. MAGA (MAGA)

The MAGA token takes its name from the iconic political slogan "Make America Great Again," popularized by Donald Trump during his victorious 2016 presidential campaign. Shortly after its launch on May 17, 2024, the MAGA token experienced explosive growth, surging nearly 1,000% within a week. This token settled into a consolidation range of around $0.00018 following this massive bull run. However, MAGA could soon reach the psychological milestone of $0.00050. With the U.S. elections approaching, increased support for the Republicans could potentially boost this token further, resulting in a tenfold surge in its market value.

Market price: $0.0004087
Market capitalization: $159,340,519
Trading volume (24 h): $115,541,659

5. MAGA (TRUMP)

Combining the MAGA slogan with Donald Trump's influence, TRUMP is currently in a correction phase. After hitting its all-time high of $17.5 on June 1, 2024, this token has fallen below the psychological threshold of $10. Hence, TRUMP presents a potential "buy the dip" opportunity. TRUMP could see an upside reaching $25. For investors tracking political-themed cryptocurrencies, TRUMP offers a promising rebound potential.

Market price: $8.58
Market capitalization: $372,502,622
Trading volume (24 h): $12,422,846

6. Super Trump (STRUMP)

The STRUMP token is catching the eye of many Republican crypto investors. The word "Super" in this token’s name helps to attract Donald Trump's more fervent followers. After bouncing from its $0.0003 all-time low on March 1, 2024, the STRUMP price surged to a peak of $0.03 on March 12 this year. Although the STRUM price is far from the all-time high of $0.03, a new surge is within reach. For those following the political crypto scene, STRUMP presents an interesting opportunity for gains.

Market price: $0.01377
Market capitalization: $25,299,479
Trading volume (24 h): $7,014,856

The Bottom Line

Political meme coins like BODEN and TREMP exemplify the cryptocurrency market's unpredictable and often whimsical nature. While they provide a novel way for people to engage with politics and finance, they also carry the risks inherent in such speculative investments. As this trend continues, it will be interesting to see how political events and Internet culture shape the future of these unique digital assets. You can get political meme coins on LetsExchange.io, particularly TREMP and MAGA.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.