Who thought the White House war would extend to the crypto markets?
The crypto meme market is heating up, fueled by the intense US political environment ahead of the presidential elections. A surge in meme token launches themed around Donald Trump and Joe Biden has captivated investors.
Here, we delve into the most popular Trump-themed tokens, each centered around his well-known slogan, “Make America Great Again.”
Launched in September 2023, the MAGA token quickly made waves. It reached an all-time high of $17.52 on May 31st but is currently trading at $5.20, ranking 219th on CoinMarketCap (CMC) with a market cap of $228 million. From its inception, the MAGA token has skyrocketed by an astonishing 175,100%, although it has dipped by 4.74% in the last 24 hours.
With 31.1k Twitter followers, the MAGA token aims to bring the MAGA movement to the blockchain. The project proudly claims to have donated $1,695,428 (535.63 ETH) to U.S. veterans and child rescue organizations, providing proof of these donations on their website.
This philanthropic angle adds depth to its appeal, resonating with supporters who value both the political and charitable aspects of the token.
Super Trump, another prominent meme token, capitalizes on Trump’s larger-than-life persona with a cartoon image of him as Superman. Launched in March 2024, it is currently trading at $0.009746 and holds the 802nd position on CMC. With a market cap of $17.9 million, it has seen a 4.31% increase in the last 24 hours and an overall growth of 2,692.69% since its launch.
The project’s Twitter account has garnered 11.6k followers, and there are hints on their website of an exclusive NFT collection featuring Donald Trump. Its all-time high price was $0.031, reflecting significant investor interest. Super Trump uniquely combines political satire with the excitement of NFTs.
The third token, Doland Tremp, is a Solana-based meme token. It trades at $0.4383 and is ranked 2586th on CMC, showing a growth of 256.14% since its launch. Despite its humorous name and Trump-themed imagery, a disclaimer on their website clarifies that it has no association with Donald Trump and is purely a meme.
Interestingly, Doland Tremp has managed to gather 25.2k Twitter followers, more than the previous two tokens. Its popularity is fueled by a plethora of Trump-inspired memes that resonate with internet culture. Doland Tremp stands out for its playful approach and strong social media presence, capturing the essence of meme coin culture daily.
The intersection of politics and crypto has given rise to a unique subset of meme tokens. MAGA, Super Trump, and Doland Tremp each offer a blend of humor, political commentary, and investment potential.
As the US presidential election garners worldwide attention, these tokens are likely to remain in the spotlight.
Also Read: From 0 to 239M: How Hamster Kombat is Revolutionizing Web3 Gaming?
Looking for a unique investment with a side of political commentary? Meme tokens might just be your thing.
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