[TL； DR]

⭐️ As the "political showdown" between Biden and Trump gradually heats up, Crypto Assets as an important issue in the election campaign is also influencing the choices of young voters, and Xu long-related MEME Token is also warmly sought after in the market.

⭐️ According to market capitalization, the MEME Token hottest elections in the United States are Maga (TRUMP), Jeo Boden (BODEN), and Doland Tremp (TREMP).

⭐️MEME itself is subject to great fluctuation and speculation, and investors should look at it rationally and participate appropriately.

Introduction

Looking back at the international political arena in recent years, from the precedents of El Salvad long, South Korea, and Argentina, to this year's elections in the United States, it is clear that Crypto Assets has become an important issue that cannot be ignored during the general elections of various countries.

long wick candle on this issue, the incumbent US President Trump and Democratic candidate Joe Biden once again expressed diametrically opposed views, forming a clear confrontation and driving a series of big pump market Token.

MAKE MEME GREAT AGAIN, TRUMP BECOMES THE LEAD KOL

RECENTLY, TRUMP, BODEN, AND Token pump, NAMED AFTER TWO AMERICAN PRESIDENTS, HAVE FLOWN UP, AND ANOTHER WAVE OF MEME HAS ARRIVED.

The rise of this craze is not accidental, it is closely linked to the upcoming US presidential election and their policy attitude towards Crypto Assets.

Trump was opposed to Crypto Assets and Bitcoin early in his presidency, but since his departure, he has not only launched longest NFTs, but has also recently expressed that he may take a more aggressive policy stance on Crypto Assets if he returns to the White House.

Even Bitcoin Magazine recently revealed that it has been working with the Trump campaign to help shape its policy agenda for Bitcoin and Crypto Assets.

Meanwhile, the U.S. House of Representatives recently passed H.J. Res 109, a resolution long wick candle against the encryption industry, allowing heavily regulated financial firms to become custodians of Bitcoin and other Crypto Assets. But the resolution was opposed by incumbent President Joe Biden. In his statement on Wednesday, Biden made it clear that he would firmly oppose any interference with the SEC's work, noting that SAB 121 was issued in long wick candle to pre-existing technical, legal and regulatory risks that cost consumers enormous.

As a result, as the "political showdown" between Biden and Trump gradually heats up, Crypto Assets as an important issue in the election campaign is also influencing the choices of young voters.

In this context, a series of Crypto Assets-related MEME Token are also highly sought after in the market.

According to CoinGecko, there are currently 19 PolitiFi Tokens with a total market capitalization of $661M, a 24-hour pump of 4.3%. The top three in terms of market capitalization are Maga (TRUMP), Jeo Boden (BODEN), and Doland Tremp (TREMP), which have pumped 80.2%, -21.9%, and 90.7% respectively in the past 7 days.

Figure 1 Source: CoinGecko

TAKE STOCK OF THE THREE MOST POPULAR MEMES

Maga（TRUMP）

TRUMP is a MAGA Token with the theme of former US President Trump, which has recently been influenced by a series of encryption friendly remarks by Trump and quickly emerged from the circle, becoming the strongest Trump MEME coin in Consensus at present.

Figure 2 Source: magamemecoin.com/

This impressive performance may signal that MAGA coin is about to become a star in the MEME world, leading a new trend in the digital money market along with the popular DOGEE and others.

As of the date of writing, the coin is Hodler 42K, with a market capitalization of $416M.

Doland Tremp（TREMP）

TREMP is a memecoin officially launched in August 2023 and is committed to social responsibility, with the project team saying that it will donate a portion of the proceeds from the 1% revenue collected from each transaction to veterans and child support programs in the United States.

Similar to BODEN, a Biden-inspired memecoin, TREMP's official website is filled with half-joking references and internet memes about former presidents.

Figure 3 Source: @dolandtremp_sol

As of the date of writing, the coin is Hodler 26.50K, with a market capitalization of $61M.

Jeo Boden (BODEN)

Launched in early March this year, Jeo Boden (BODEN), who deliberately misspelled Biden's name, gave users a unique experience with exaggerated President Biden parody, a unique Comic Sans font, and rich internet meme elements, and its market capitalization once surpassed TRUMP.

Figure 4 Source: @bodenonsolana

It is worth noting that at the recent Trump Digital Trading Cards dinner, Trump said that he did not like the BODEN Token, saying that "the money in this coin is a little longer".

As of the date of writing, the coin is Hodler 38.92K, with a market capitalization of $181M.

Trump Digital Trading Cards

The Trump Digital Trading Cards currently has three series of NFT (non-Fungible Token).

The first series was released in December 2022 with a total of 45,000 cards, priced at $99 each, and customers who purchase 45 cards will receive NFT dinner tickets.

The second series was released in April 2023, again at $99 each, and sold out within 5 hours of issuance.

The third series, the MugShot Edition, was released in May and offers 100,000 cards, with the purchase of 47 to get a chance to have dinner with Trump. With the purchase of 100, buyers can also enjoy a VIP cocktail reception, a limited Bitcoin inscription-edition digital trading card, and two VIP dinner tickets.

Figure 5 Source: OpenSea.io

However, American talk show host Jimmy Kimmel slammed Donald Trump's NFT project collectors as "fools" and "freaks."

The cards, owned by NFT INT LLC, all big pump after the sale, and Trump licensed his image to the company and received some of the revenue from it.

Election-driven hype Betting still needs to be rational

In summary, at a time when the Biden administration and the American SEC (SEC) have recently imposed a regulatory punch on the Crypto Assets industry, the emergence of MEME short as a mockery and banter of political implications reflects the concern of a new generation of encryption voters that regulations may stifle innovation in the industry, and between TRUMP and BODEN, there is an emotional preference between TRUMP and BO fall pump DEN.

Figure 6 Source: Decrypt

Among them, longest PolitoFi tokens inspired by former US President Donald Trump and current President Joe Biden have become the leaders of this trend, and these playful tokens have attracted the attention of a large number of Crypto Assets enthusiasts and sparked a wave of MEME speculation.

Objectively speaking, these MEME Token skillfully exploit the highly polarized political landscape of the United States, and through strong narrative and speculation, they present the name and image of the United States' prospective president in a distorted and exaggerated memetic shape, and their memetic narrative will continue to be hyped with this year's presidential election.

Finally, it should be noted that MEME itself is accompanied by great fluctuation and speculation, and investors should look at it rationally and participate appropriately.

by Carl Y.

This article represents the views of the author only and does not constitute any trading advice.

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