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International Business Times

Business

Marvie Basilan

3 Trump-Themed Memecoins Defy Gravity Amid Wider PolitiFi Token Slump

PolitiFi Eric Trump Donald Trump Donald Trump Jr. Crypto Bitcoin CoinGecko

There are many Donald Trump-based coins in the memecoin market, and while most were afflicted by the broader PolitiFi token slump, three coins are on a roll. (Credit: AFP)

KEY POINTS

FreeTrump logged a 24.8% spike in the past day amid a 25% week-long increase
MoonTrump saw its trading volume spike by over 3,000% in the last 24 hours
Pepe Trump recorded a whopping 9,938% in the last seven days

Most PolitiFi memecoins have been down in recent days as the world's top cryptocurrencies continue to struggle to escape the red line. The red wave covering politics-themed tokens has affected even some of the most popular memecoins in the segment, but three tokens based on Republican presidential candidate Donald Trump have emerged unscathed even as the Democratic National Convention is underway.

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