The election season is heating up in america, with the sixtieth quadrennial US Presidential election scheduled to happen on November fifth, 2024.
This rematch between the Democrat Joe Biden and the Republican nominee Donald Trump has far-reaching implications for the cryptocurrency market.
Unsurprisingly, a number of politically-themed meme cash – higher often called PolitiFi cash – have cropped up to nice success. Specialists imagine that these cash might see super success over the approaching months, outperforming most different asset courses throughout that interval.
Which PolitiFi Meme Cash May Explode Subsequent?
Count on these PolitiFi meme cash to behave as a barometer of US politics, displaying risky price motion because the election drama unfolds.
As an illustration, fashionable crypto analyst Unipcs (@theunipcs) highlights that the primary US presidential debate between Biden and Trump is scheduled for June twenty seventh. He believes that crypto shall be one of many key matters within the debate, with each candidates – particularly Trump – doubtless doubling down on crypto-related guarantees.
Consequently, he tasks vital development in PolitiFi cash within the lead-up to the talk. Moreover, he expects there to be a number of billion-dollar meme cash earlier than the upcoming election.
first main presidential debate between trump and biden occurs on june 27
each candidates will double down on crypto associated guarantees resulting in the occasion
crypto doubtless one of many highlights
i count on a number of billion greenback political memecoins earlier than the election in November https://t.co/ZTXaqJU9uD pic.twitter.com/0El3jjStJi
— Unipcs (aka ‘Bonk Guy’) 🎒 (@theunipcs) Might 30, 2024
Tokens equivalent to TrumpCoin ($DJT) and Tremendous Trump (STRUMP) have already exploded. Whereas the previous is up by 26% at present, the latter has surged near 200% over the previous month. Nevertheless, the rug pull considerations related to each the tokens – particularly DJT – have resulted in traders trying elsewhere to faucet into a possible election-related meme coin pump.
On this article, we cowl the three greatest PolitiFi meme cash that would pump within the months to return.
Sealana ($SEAL)
The brand new Solana meme coin – Sealana ($SEAL) – is our prime decide for the meme cash that would pump probably the most within the election season.
Sealana’s launch couldn’t have come at a extra opportune time. Whereas the precise launch date is but to be revealed, Sealana’s presale is ending on June twenty fifth and the IEO is predicted to happen simply a few days later.
An anti-establishment, pro-Trump meme coin launching proper across the first Presidential debate would very doubtless be a focus for sensible cash merchants and crypto whales. As such, $SEAL has been in excessive demand for the reason that inception of its presale, having already raised over $5 million in a number of quick weeks.
The challenge’s comical mascot – a chubby and patriotic seal – at all times has been upfront about his political inclinations. In a single X submit, he’s calling to construct a wall on the US-Mexico border and on one other event, he’s out along with his companions to “clean the swamp.”
#Sealana ain’t slowing down anytime quickly! 🔥Together with his companions he’s out right here ending what @realDonaldTrump began! 🦭💪
Ship $SOL to scrub out the swamp 🏞️ and make #Memecoins nice once more. 🚀💰
As soon as the swamp’s clear, it’s Lambos 🚗, Large Positive factors 📈and Freedom all the best way!!!… pic.twitter.com/vFMEaRZWKW— Sealana (@Sealana_Token) Might 27, 2024
Sealana’s theatrics usually are not restricted to politics both and embrace sneaking into Space 51, occurring Joe Rogan’s podcast and getting right into a bar struggle with Connor McGregor.
Crypto whales have acknowledged the upside potential of meme cash that may make them chuckle. A couple of specialists have already claimed that Sealana might probably supply up to 100x good points after its launch.
MAGA (TRUMP)
The MAGA meme coin is the most well-liked pro-Trump token available on the market.
Based on CoinGecko, $TRUMP has a market capitalization of over $370 million, regardless of vital sell-offs over the previous week throughout the broader market crash.
At its peak, the meme coin had a valuation of $775 million and may very well be the primary billion-dollar PolitiFi token.
As per the newest report from Forbes, Donald Trump stays the front-runner within the upcoming elections, outperforming Biden in each key swing state. He’s additionally anticipated to fare higher than his Democratic opponent within the upcoming CNN debate.
Because of this, the MAGA token might ship outsized returns over the approaching weeks. Contemplating that the meme coin continues to be 50% under its earlier all-time excessive, traders have a superb alternative to purchase the dip.
Jeo Boden (BODEN)
Because the identify suggests, BODEN is a meme coin supporting President Joe Biden, whereas additionally making light-hearted satire on his previous age.
The meme coin at the moment has a market capitalization of simply $76 million, making it a superb micro-cap crypto to put money into. Moreover, it’s 80% under its earlier all-time excessive, presenting a precious alternative to purchase the dip.
BODEN is up near 30% at present and seems poised to keep up its bullish trajectory over the approaching months.
BODEN’s bullish energy might doubtless be a results of the newest The Economist/YouGov ballot that has President Biden tying Donald Trump within the common election. Certainly, specialists imagine that Biden can’t be underestimated and will take the lead within the coming weeks.
In such a state of affairs, BODEN may very well be the PolitiFi token that explodes within the coming weeks.