With the United States Presidential election only 28 days away. The Political #Memecoins🤑🤑 have experienced a massive uptrend in their valuations. Moreover, some have surged over 2X within a week, highlighting the increasing intensity of these projects in the market.
In this article, we have covered the market sentiments, price action, and possible short-term price targets of the top 3 #political memecoins as the U.S. Presidential election for 2024 nears.
MAGA (TRUMP)
The MAGA price has jumped ~27% in the past 24 hours with a trading volume of $17.54 million. Moreover, it has jumped 54.52% over the past week and 1,036.46% this year.

The Relative Strength Index (#RSI ) has breached the overbought range in the 1D time frame. Further, with the SMA acting as a support, the TRUMP coin shows a positive outlook in the coming time.
If the market continues trading under a bullish influence, the MAGA coin price could prepare to test its upper resistance level of $9 during the upcoming weeks. Conversely, a setback could pull the memecoin toward its support level of $1.50.
Super Trump Coin (STRUMP)
The STRUMP price has soared ~50% over the past day and is on the verge of retesting its August high. Moreover, it has jumped 2,701.85% since its inception. This highlights a strong bullish sentiment for it in the market.

The technical indicators #MACD and SMA record an increase in the bullish sentiment in the 1D time frame. This indicates an increase in the buying-over-seeling pressure for the memecoin in the crypto market.
If the market continues favoring the bulls, this could result in the STRUMP price retesting its upper resistance level of $0.015160 this month. On the contrary, a bearish action could pull the Super Trump Coin price toward its low of $0.003625.
MAGA (MAGA)
The MAGA crypto price has breached its important resistance of $0.0001844 by adding ~105% to its valuation over the past week. Further, this memecoin has gained massive attention from the crypto space and has soared 2,200% within 5 months.

The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram with its averages showing a bullish trend. This suggests that the MAGA coin price will continue gaining value in the coming time.
Maintaining the price above its resistance level of $0.000184 could set the stage for this meme coin to prepare to head toward its upper resistance level of $0.000488 this month. However, if the bulls regain power, the price could retest its low of $0.00011250.
#moonbix

Former US President Donald Trump recently announced his foray into the exciting world of non-fungible tokens (NFTs) by unveiling plans to launch an exclusive collection on the Bitcoin Ordinals platform. The move marks a new milestone in the intersection between politics and emerging technology.NFTs, or non-fungible tokens, are unique digital assets that use blockchain technology to attest to their authenticity and ownership. Donald Trump's choice to use the Bitcoin Ordinals platform for this venture reflects the growing popularity of this specific blockchain in the NFT ecosystem.Donald Trump's NFT collection will include a series of digital artworks, exclusive videos and perhaps even never-before-seen audio recordings of his most memorable political speeches. Supporters and collectors will thus have the opportunity to own a piece of recent political history in the form of unique digital assets.However, this announcement did not come without arousing varied reactions. Some welcome the innovation and democratization of digital art that this initiative represents, while others raise questions about the merger between politics and speculation in digital assets.The involvement of public figures in the NFT space is not new, but the involvement of Donald Trump adds a particular dimension to this trend. It also highlights how blockchain technology and NFTs continue to transcend traditional boundaries and attract the attention of influential figures.While the launch date for Donald Trump's NFT collection on Bitcoin Ordinals remains to be confirmed, there is no denying that this initiative will help spark more discussion about the intersection between politics, technology, and digital art. It remains to be seen how this foray into the world of NFTs will influence the media and political landscape in the months to come.And you what do you think about this?Don't forget to like and follow me 😊#TrendingTopic #bitcoinordinals #political #donaldtrump