As the US presidential election nears, the memecoin market is heating up with significant movement. With the election just one day away, here’s a look at the memecoins gaining traction:
1. MAGA (TRUMP)
MAGA, the top PolitiFi token, has surged by 14.59% in the past 24 hours, pushing its market cap over $150 million. If Trump wins, MAGA could see increased volatility. However, investors should remember the “buy the expectation - sell the reality” strategy, as selling pressure might rise post-election.
2. Kamala Horris (KAMA)
KAMA saw a 16.28% decline in the last 24 hours, with its market value dropping to $16 million. As Harris gains momentum on Polymarket, her token reflects the shift. Should she lose the election, expect further selling pressure on KAMA.
3. Super Trump Coin (STRUMP)
STRUMP, another Trump-themed memecoin, skyrocketed 47.91% in 24 hours, boasting a market cap of $14 million. This token’s surge extends beyond memecoins, impacting the altcoin market at large. With close to $1 million in trading volume, STRUMP is attracting investor confidence.
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