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International Business Times

Business

Marvie Basilan

Trump Memecoins Lead PolitiFi Slump Ahead Of US Elections

Donald Trump PolitiFi Kamala Harris United States Crypto Polymarket CoinGecko

$TRUMP, the second-largest PolitiFi memecoin by market cap, was also down overnight. (Credit: MAGA Memecoin Website / Screenshot)

KEY POINTS

$TRUMP, $MAGA, $TREMP, and many other Trump-based tokens slumped in the past day
Democratic coins also bled overnight, including Harris-themed $MAWA
A new token, TRUMP 47, was the biggest loser Tuesday, bleeding $67% overnight

Politics-themed cryptocurreny memecoins are largely on a downtrend less than a week before the U.S. elections, and tokens based on former President Donald Trump are leading the dip.

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