investors are heavily trading PolitiFi meme coins
One of the leading tokens making rounds this year is Donald Tremp (TREMP)
a Solana-based meme coin parodying Donald Trump.
This crypto asset has shown high volatility since its launch
it is currently trading in the accumulation zone
prompting speculation on whether this period of calm is a prelude to a surge
After trading around its all-time low levels until mid-September
combined with the social media frenzy around the outspoken president
allowed Donald Tremp (TREMP) to experience a parabolic price movement
the token had risen by 285% before undergoing a correction and settling into the accumulation zone
GeckoTerminal shows that the token’s market capitalization exceeds $32 million
TREMP is currently consolidating around $0.32
While the daily price action indicates accumulation
the 15-minute and hourly charts on GeckoTerminal reveal that TREMP is forming a rising channel
the token’s price is also trending upward
with bulls and bears exerting equal pressure
though the bulls are gaining a slight edge
TREMP may soon attempt to cross its crucial resistance at $0.40
Supporting this prediction is the token’s RSI
along with his recent appearance on Joe Rogan’s podcast
will be key factors in determining how far the token may rise
describes TREMP as a Solana meme coin with a mission to “make Solana great again and destroy ‘Joe Boiden.’” According to the site
the project aims to dominate meme culture from the ground up
promising users opportunities to make “millions and billions.”
This playful narrative aligns with similar meme coins of its genre
Its primary growth factors hinge on Donald Trump’s outspoken persona
many of which satirically target Kamala Harris
Donald Tremp references Trump’s interview with Joe Rogan
featuring a meme of Kamala Harris standing alone in an empty office
Our episode was YUGE! Too bad you were booked for a previous cummitment! pic.twitter.com/IFdukVJZgf
TREMP’s price action demonstrates significant short-term growth potential
utility-centric factors play a crucial role
and TREMP lacks these foundational elements
TREMP’s price action may see another surge
The token could gain momentum if Donald Trump is elected
while a loss might negatively impact its value
Given that social media hype primarily drives the token’s price
a Trump victory could propel it to its all-time high near $1.60
a Republican loss could push the token’s value down to approximately $0.003
TREMP’s performance next year will largely depend on the presidency and forthcoming policies
If the widely speculated “Project 2025” comes into play
TREMP could experience another significant boost
the token might surpass its all-time high and move beyond the $3 mark
Making a long-term prediction for this project is challenging due to its lack of utility
Some enthusiastic investors may attempt to hold the token and limit its supply
but this will likely depend on TREMP’s ability to stay relevant over time
Without the emergence of a concrete utility
Donald Tremp has successfully leveraged its Solana-based meme coin and the Donald Trump narrative to rise in value
Although social media buzz suggests further potential
investors should remain cautious of market volatility
PolitiFi cryptos are becoming increasingly diverse
and investors might also consider projects like FreeDum Fighters which has rapidly raised over $300,000 in the past week
FreeDum Fighters is a meme coin project that adopts a satirical tone toward the U.S
presidential election while rewarding its users
The project creates its own blockchain-based version of the presidential election
spotlighting cyborg renditions of the current political contenders
a Trump-inspired cyborg hailed as “personally” dangerous
whose mission is to “free the people from oppressive government.” Patriotic and freedom-loving
MAGATRON embodies strong right-wing ideals.
a feminist cyborg inspired by Kamala Harris
Social media buzz showcases these candidates battling one another
but FreeDum Fighters takes the concept further.
Investors participating in the presale can stake and vote for their chosen candidate. With two staking pools offering different APYs, staking becomes an engaging activity. Additionally, the project plans social media debates where winners receive extra airdrop rewards. Influencers like ClayBro have highlighted this approach
suggesting it could elevate PolitiFi tokens to new heights
The combination of a diverse ecosystem and an election-themed focus makes this token compelling
investors on either the Republican or Democratic side can potentially profit through staking
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Zeus Network (ZEUS) and Nosana (NOS) are now available on Kraken
WEN, BODEN, TREMP, TNSR, ZEUS and NOS funding and trading are live. Add these tokens to your Kraken account by navigating to Funding
Make sure to deposit your tokens using the networks supported by Kraken
Deposits made using other networks will be lost
WEN, BODEN, TREMP, TNSR, ZEUS and NOS are tradeable on Kraken and Kraken Pro with the following parameters:
Wen (WEN) bills itself as ‘the first community coin based on a fractional NFT.’ Fittingly, each unit of the currency represents an ownership stake in the poem immortalized as a non-fungible token. Wen was the first token launched on Jupiter’s LFG launchpad
Jeo Boden (BODEN) is based on Joe Biden and depicts the US President in a satirical cartoon format. The meme itself has been adopted by a thriving community, who take to social media to share its various iterations. The project’s native unit, BODEN, can be sent, stored and received by Solana users
Doland Tremp (TREMP) is based on Donal Trump and depicts him in a satirical cartoon format. Like BODEN, it stands out due to a strong community that propagates the meme across social channels. TREMP can be sent, stored and received by Solana users
Zeus Network (ZEUS) is a permissionless communication layer that allows blockchains to connect to Solana. On a mission to ensure greater interoperability, it leverages a decentralized network of nodes to effectively aggregate and relay transactions across chains
Nosana (NOS) is a decentralized GPU grid that creates a market for unused compute power
AI developers can rapidly train models without dedicated hardware
while hardware owners can earn competitive fees for renting out GPU
The NOS token serves as the native currency within the Nosana ecosystem
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FreeDum Fighters enters the PolitiFi space
Doland Tremp (TREMP) has caught the attention of retail investors with a 17% jump in the past week
Meanwhile, a new challenger called FreeDum Fighters (DUM) has entered the PolitiFi space – and many are speculating that it could be the next to take off
TREMP is the latest politics-themed meme coin to go viral
this hilarious token combines the name “Donald Trump” with the infamous “covfefe” tweet – drawing investors with its irreverent humor
TREMP is currently hovering around $0.316 and is up 17% since last Tuesday
spiking 33% at its peak before pulling back in the past two days
Despite this dip, TREMP has cemented its spot as the 4th largest PolitiFi coin by market cap
The token’s popularity is also evident in its trading activity
Spot volumes have passed $7.5 million in the past 24 hours
TREMP has reached these heights purely on its viral appeal as a “degen coin” with no use case
TREMP’s price will remain closely tied to Donald Trump’s campaign
positive news for the campaign could boost sentiment for TREMP
while negative headlines might weigh on its price
the excitement will likely ramp up even more
This could lead to increased trading activity – and bigger price swings – for TREMP
TREMP’s 4-hour chart shows the price holding an upward trendline but facing resistance at $0.398
That means the price is forming a tight wedge pattern
A breakout above the top of this pattern could potentially prompt a rally back to TREMP’s July highs around $0.580 – an 84% jump from here
While there’s potential for TREMP to rally
the token could just as easily fall out of the bottom of the wedge pattern
especially if Kamala Harris’ campaign gets a boost
The next two weeks could be a wild ride for TREMP holders
Some investors are turning their attention to FreeDum Fighters instead of TREMP
FreeDum Fighters take a more neutral approach
It features two satirical characters – MAGATRON and Kamacop 9000
This dual representation allows investors from both sides of the aisle to get involved
Another key difference is in the utility that each token offers
TREMP has primarily relied on sentiment and hype
In contrast, FreeDum Fighters has a new staking system that adds utility
Users can stake their DUM tokens to support either MAGATRON or Kamacop 9000
and the twist is that staking for one character earns rewards from the other side’s pool
This setup provides both entertainment and passive income opportunities
Crypto expert Jacob Bury
believes these features will help DUM soar after its presale is over
He even speculated that the token has 10x potential
FreeDum Fighters is still in its presale phase
That means the DUM token isn’t yet available on the open market
with tokens on offer for just $0.00005 each in presale
many believe this could be a chance to invest at a discount
there’s every chance it could match (or even surpass) TREMP’s returns once it hits exchanges
For more information, visit the FreeDum Fighters presale website
to cast their ballots for the next president
several PolitiFi coins linked to the top two candidates are displaying mixed performances
Regardless of their pre-voting performance
this day is crucial for determining whether some of these tokens will rally after the results are announced or face potential extinction
US election results are often declared within hours of the polls closing
creating a whirlwind of anticipation and speculation among voters and candidates alike
Here’s a thorough analysis of the current conditions of MAGA (TRUMP)
MAGA is the top Donald-Trump-themed PoliFi coin with the highest market capitalization. A few months back, TRUMP’s market cap surpassed $100 million
and the former president’s election odds soared amid concerning reports about Joe Biden’s health
But after the Democratic party elevated Kamala Harris to candidate status
which is an 80% decline from its all-time high
the cryptocurrency’s value has decreased by 26%.
From a technical perspective, the Relative Strength Index (RSI) has dropped below the 50.00 neutral point
This decline indicates that the momentum around MAGA is bearish
Read more: How to Use Polymarket In The United States: Step-by-Step Guide
However, if Donald Trump comes out victorious, the trend might change. In that scenario, the meme coin’s value might soar as high as $5.69. But if the former president does not win, then MAGA’s price might sink to an all-time low
Over the last seven days, this Kamala Harris-themed meme coin has increased by 62%. This notable hike could be linked to the US Vice President closing in on Trump in the polls within the last few days
the last 24 hours have not brought the same performance as KAMA’s price
the Moving Average Convergence Divergence (MACD) has dropped to the negative region
the 12-day Exponential Moving Average (EMA)
which indicates that sellers are in control
On the flip side, if buying pressure increases or Kamala Harris wins, the trend might change. If that happens, then KAMA could bounce to $0.018
Unlike KAMA and TRUMP, Donald Tremp is part of the few PoltiFi coins with a notable surge on US election day
the Balance of Power (BoP) reveals that bulls are driving the meme coin’s price up
The BoP measures the strength of buyers compared to sellers
meaning TREMP is experiencing a massive surge in buying pressure
the meme coin’s price might climb to $0.46
Read more: 11 Top Solana Meme Coins to Watch in November 2024
if the election results come out and Trump loses to Harris
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Momentum-Price TrendShortMediumLongOverviewThe past week has been a rollercoaster ride in the world of cryptocurrency and politics
Trump-themed meme coins are making waves with impressive gains
leaving popular cryptos like Dogecoin and Shiba Inu in the dust
with the odds favoring Donald Trump over Kamala Harris
and Donald Tremp TREMP/USD experienced a surge on Monday
thanks to Trump’s increasing election odds
Data from Coinmarketcap showed these political meme coins nearing a total market cap of $700 million
Trump currently holds a 66.1% chance of winning
Read the full article here.
American statistician Nate Silver sees the 2024 U.S
presidential race as “a near coin flip,” with Trump narrowly leading Harris
Silver’s forecast gives Trump a 53.4% chance of winning
This tight margin underscores the intense polarization and competitiveness of this election
Read the full article here.
See Also: Shytoshi Kusama Schools X User Who Said SHIB Will Remain ‘Chump Change Meme’ Unless It Can Rise Above A Penny
Gen Z is decoupling financial freedom from traditional 9-5 jobs
Palihapitiya noted that an increasing number of young men are engaging in side activities such as trading cryptocurrencies like Bitcoin BTC/USD and options on platforms like Robinhood and Coinbase
This shift signifies a departure from the traditional notion that wealth is primarily earned through one's job
Read the full article here.
with Bitcoin breaking through $70,000 after an almost five-month hiatus
The world’s largest cryptocurrency breached this elusive level late evening
building on the positive momentum from the weekend
Ethereum also sailed to $2,585 after shifting sideways for the early part of the day
Read the full article here.
Cat-themed coins like Mog Coin MOG/USD and Popcat POPCAT/USD rallied on Tuesday as the broader altcoin market cheered Bitcoin’s BTC/USD leap above $70,000
Coinmarketcap data showed cat-themed tokens coins approaching a total market capitalization of $5 billion
Meme coin trader meme-millions predicted cat coins could reach a valuation of $20–$50 billion
Read the full article here.
This story was generated using Benzinga Neuro and edited by Anan Ashraf.
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Vice President Kamala Harris | Sheila Fitzgerald/Shutterstock modified by Blockworks
An unofficial Kamala Harris parody memecoin on Solana (KAMA) has exploded by 10,000% over the past three months
And okay — it’s easy for micro-cap memecoins to go ballistic
KAMA’s market cap was under $100,000 in its earliest days of trading in late March
Any relatively small amount of buying pressure was destined to drive its prices upward
But KAMA has done so well that it’s only another 15% away from flipping doland tremp
another Solana parody coin launched one month earlier
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Read more: PolitiFi parodies are half-way to the US election — but it’s uphill from here
TREMP was worth as much as $150 million in the first week of June — now it’s $43 million to KAMA’s $38 million
Boden has meanwhile crashed from an April high of over $650 million to $11.1 million right now — a 98% collapse
It’s not exactly that crypto really loves Kamala Harris, which would lead traders to buy a silly memecoin in a show of solidarity of some sort
It’s more likely that Kamala Harris running against Donald Trump made for one of the more attractive bets on the US election season so far
That KAMA has rallied even harder in the few days since her presidential campaign started shows that certainty begets the pump
The “brat energy” narrative pushed by parts of the media wouldn’t be hurting
In any case, KAMA is still far below the $300 million market cap of MAGA, the Trump-themed token launched on Ethereum last year
KAMA would have to rally another 70% to match that
if MAGA were to trade sideways here on out
Memecoins aside, Polygon-powered betting venue Polymarket has turned out to be incredibly useful in gauging political sentiment — leading to all-time high volumes
say Trump has 62% odds of winning in November to Harris’ 28.9%
which may indicate that Harris has a much better shot than Biden
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with their total market capitalization down over 21% on the day
MAGA (TRUMP)
the largest Trump-themed meme coin in terms of market cap fell 50.7% over the past 24 hours
The altcoin’s market cap fell from $212 million seen on Nov
MAGA Hat (MAGA) a meme token inspired by Trump’s iconic red hat worn during his political campaigns also collapsed by 51% with its market cap falling to $39 million
Dark MAGA (DMAGA) which saw the highest gains on Nov
The meme coin has since plunged by 62% from its pre-election level and was trading at $0.0045
wiping out over $13.5 million from its market cap
Super Trump (STRUMP) also faced a sharp drop of 54.9%
Other popular meme coins that previously capitalized on Trump’s presidential victory but have crashed at press time, include Doland Tremp (TREMP)
and Pepe Trump (PTRUMP) which suffered losses between 50-65%
Traders seemed to have sold the news, a familiar trend for meme coins, which often experience sharp sell-offs after hype peaks—just as with Dogecoin (DOGE)
the industry’s first and largest meme coin
Dogecoin’s meteoric rise leading up to Elon Musk’s Saturday Night Live appearance in May 2021 became a classic case of traders selling the news
DOGE rallied to an all-time high of $0.73 ahead of the May 8 airing date as Musk
the hype fizzled quickly during and after the broadcast
as traders rushed to offload their holdings with the price of DOGE dropping over 30% within hours
the token remains 74% below its all-time high
This pattern also seems evident in PolitiFi tokens
which are often referred to as “event coins,” as they move in tandem with political developments
the downturn comes despite Trump’s victory
which could mean the hype around this meme coin subset is waning
Prominent altcoins like Ethena (ENA) and Raydium (RAY) have posted double-digit gains
while the overall meme coin market is up over 13%
suggesting that PolitiFi tokens are facing an isolated sell-off now that the elections are over
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Outside of the highest peaks of the Pyrenees and the occasional bike park on private land, many mountain bike trails in Spain are generally unofficial or even illegal
This makes it difficult to disseminate updated trail information and even contributes to lower standards of trail building in terms of both fun and long-term sustainability
has a dedicated trail building association that is uniting a whole community around mountain biking
is a membership-based nonprofit dedicated to the recuperation and construction of trails with a primary focus on mountain biking
the pace and quality of trail construction is truly a work of art
President of Lo Podall and professional firefighter filled us in
work is done to find the best lines for trails (less impact on vegetation
looking for grade changes to avoid erosion from the rain
and a line that is fun for people on MTBs),” said Terrisse
“We also consult the land registry to find the property owners and consider the options for the terrain
the desired corridor is marked with flagging tape
and a weedwacker is used on the whole corridor
we build specific features like armoring/supports
Once the members know the projects to be done
One unique aspect for new trail construction by Lo Podall is that the sheer number of riders plays an integral part
It’s common to find shaped jumps and berms without a cut trail in between features
local and visiting riders alike wear in the connecting sections of trail
“The trails are very compact with all the riders passing over them,” said Terrisse
“We work less on maintenance now [as compared to before the pandemic when there were less people]
It is difficult to categorize Tremp’s trails relative to other well-known riding destinations because the terrain is so varied in geology and riding style
Or does the Mediterranean climate make it more like the renowned EWS stop at Finale Ligure
Are the gray rock slabs in the plush pines more similar to the Pacific Northwest
The common thread is well-designed trail that harnesses landscape-accentuated fun for all types and levels of MTB riders.
Enduro World Series racer and 2019 Spanish National Enduro Champion, Mariano Marí Marí
but the same trail can be enjoyed by intermediate riders
even beginners.” Marí added that “Tremp and Lo Podall have the potential to grow
There is already a pump track and legal trail network with a supportive community around it
It is a real MTB destination.” Marí also believes “locations like Tremp can help elevate the level of Spanish competition on the international stage.”
Purpose-built trails for bikes are a rarity outside of bike parks in Spain but they are in abundance in the Pallars Jussa region. Just to the north in La Pobla de Segur, there is another trail building group, Trenkabikers
there are a few shuttle services along with bike shops
Lo Podall is actively working with businesses to bolster the trails even more.
“The hotels and restaurants are dialing up these efforts to support the trails,” said Terrisse
“Our partners receive a sticker for their location with a QR code that links to our website with MTB routes… the local population and businesses are very conscious that well-maintained trails bring new tourism to the region that wasn’t here before
The European bike industry is starting to notice as well. Bernat Guardia, marketing manager at Intense Europe, recently had a photoshoot in Tremp for their 2022 bikes
“It’s a great place with tons of different scenery and trails… our European office is based near Barcelona
Here we’ll break the trails down into four general zones
which each individually could exist as a trail center in and of themselves.
an area to the northwest of town that some have described as “mini-Rampage” with wide open
knife-ridge descents and terracotta-colored terrain.
Dragon Khan is the most well-known trail and for good reason; while the trail is not difficult in itself
a little bobble could send you tumbling to the canyon below
Dragon Khan is also the name of a roller coaster at the biggest amusement park in Spain
so that may give you a better idea of what to expect
In this zone you will also find other top-hits of Tremp like Serengueti and Afghanistrail
which are quite similar to riding a rollercoaster as well
These trails are not very rocky or technical
but there are ridges and curves that require a certain level of awareness due to the exposure
All are maintained to a level not often seen in Spain with smooth berms and the occasional bike-optimized drop to enhance the high-speed flow
If long gripping descents are not your thing
punchy ups and downs like on the White Line or Massanes Trail
Sisquet Pump and Mega Sisket are brand new trails with jumps and berms that are almost reminiscent of a bike park.
Closer to the village center with even more lap-able descents is the Susterris zone
While almost all of these trails are labeled as intermediate
that certainly changes if you like to go fast and find doubles.
Tamarro is a new trail in the area that fits this description
so it still has a natural trail feel with lots of grip thanks to the forest shade
It is almost as if you are riding through layers of historic land use as you fly off an old rock wall or descend through a pump track of long forgotten farm roads that bisect the trail
Susterris Views Trail is the classic of the zone with incredible vistas to the north overlooking the Sant Antoni Reservoir and the white-tipped Pyrenees in the Aigüestortes National Park.
but a little bit higher and a little more eastward
it would be hard to talk about Tremp’s trails without mentioning Slick Rock Trail
after a quick descent you end up on giant rock slabs that beg to be pumped and explored at high speeds
It is a pockmarked chalky rock that seems like it could very well be the surface of the moon
this is an intermediate-friendly trail that could be ridden on an XC bike.
Arizona Cactus is a newer trail with a similar style in this zone that deserves to be ridden as well. If you like quick technical ups and downs, Scream is a must-do. This style of trail is very rare in Spain. If you are a Coloradan that enjoys the climbs on Dakota Ridge
While it is a 6km climb on a combination of gravel and asphalt
This zone is steeper with up to 450 meters (1,500 feet) of continuous descent
It is all bike-optimized with berms and rock features that inspire confidence when riding.
Roques Pelades is one of the trails that goes from top to bottom with a mix of chunk and smooth rock slabs
A side-line called “El Llom,” or “The Loin,” plummets down a slab of rock surrounded by pines that would fit right into one of Yoann Barelli’s or Remy Metallier’s YouTube videos from British Columbia
the real pearls of this zone are two new trails that haven’t even reached a year of age
Valkyries is a bit more forested with more organic soil and ripping berms
Escorpins is a combination of all the trails in this zone that just opened a few weeks ago
It has exposed sections where you yearn to look at the incredible views
but probably shouldn’t while barreling along a cliff
It has over 200 meters of vertical drop that is made specifically for people on modern trail bikes
but also noted that “this winter has been very good since we have had little fog
It is necessary to wake up early in order to enjoy the routes.” In fact
which is a succinct way to say that you need to wake up at the crack of dawn
Tremp celebrates the trails with both an enduro and XC race
“Right now we are prioritizing the trails that are part of the Bucardo MTB Enduro Race, taking place on May 21-22, and the GeoBike Marxa on May 28th
We are leaving the trails in impeccable shape so that the race participants can enjoy them to the maximum.”
Race information as well as accommodations that support the trail network and more can be found at tremp.cat.
For Lo Podall
success is defined as “continuing to enjoy what we do and to receive the support from our city and the riders that visit,” said Terrisse
we hope for a little more official help from the town and that the trails are the same or better than they are now
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(Tremp.xyz) Political finance (PoliFi) meme coins from TRUMP to TREMP are deep in the red
but the woman running the show at the latter
Over the last few weeks, a plethora of politician-themed meme coins have been minted on Solana and all have some resemblance to the Spoderman meme – a poorly drawn version of Spiderman on MS Paint that pays homage to Dolan
a bastardized version of Donald Duck with an attitude problem – complete with misspelled names
TREMP was minted on Feb.28 at an initial price of a few fractions of a penny, DEXTool data shows
It has since run to highs of 63 cents and sits at 22 cents on Wednesday
giving the tokens a market capitalization of $22 million
Its original creator abandoned the project shortly after release
selling their holdings when the project was in its infancy
took over the reins shortly after - leading to what’s popularly called a “community takeover” in crypto circles
a woman who is based in the UK and works in tech marketing
sees the battle for token value between these coins as a blockchain election
“I think that having a crypto election at the same time as a real-life election is something that’s never really been done before in the crypto space,” she said
the project isn’t about partisan convictions but about memes
B believes Trump has the support of the crypto community because of opposition to the Democrats’ tax policy
“We want to rally all the communities behind us and just make funny memes and videos,” she said
emphasizing that they are working on a long-term road map
I’ve taken time off my real-life job to focus on TREMP.”
TREMP isn’t the only Trump-themed PoliFi token. There’s MAGA on Ethereum
which has a much larger market cap and is held in the former President’s official wallet
as they view themselves as a counterpart to Solana
Meme coin March isn’t deadMeme coins like TREMP and BODEN have been minted on Solana
and the price of SOL has shot up 60% over the last month
There’s another side to this as well. Memecoins are such a hit that they have started to strain the Solana network
with users complaining about congestion causing transactions to fail
explains that these meme tokens use Solana because of its low transaction fees
Ethereum won’t work because of its high fees – something that was the genesis for Solana and its competitors in the first place
“I think Solana is going to onboard a bunch of people just because it’s accessible,” he said
pointing out that the gas fees on Ethereum are too high at $100 a swap
Some in the legacy financial media space approach this burgeoning PoliFi sector with scorn. B and 3fn say that these critics are missing the point. Yes, it seems silly and absurd, but PoliFi coins now have a market cap of almost $220 million, according to CoinGecko data.
so it’s perfectly reasonable to create a category trading on the names of politicians and have it worth hundreds of millions of dollars
Even Solana co-founder Anatoly Yakovenko doesn’t quite understand it, telling CoinDesk during an interview for The Protocol podcast that it’s a product of people being “terminally online and having nothing better to do.”
That’s directionally accurate, according to B.
“We make funny memes, and we just want to make people laugh,” B said. “We haven’t come out to make any enemies.”
Sam Reynolds is a senior reporter based in Asia. Sam was part of the CoinDesk team that won the 2023 Gerald Loeb award in the breaking news category for coverage of FTX's collapse. Prior to CoinDesk, he was a reporter with Blockworks and a semiconductor analyst with IDC.
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Donald Trump-themed crypto coins rallied after his highly successful rally in New York’s Madison Square Garden and as the countdown to the election date continued
The Department of Government Efficiency (DOGE) jumped by 50%
pushing its market cap to over $53 million
This rally happened after Elon Musk appeared in the rally and talked about his vision for the US government.
MAGA (TRUMP), the biggest Trump-themed coin, rose by 23%, reaching its highest level since October 19. Similarly, MAGA Hat soared by almost 17%, while Doland Tremp (TREMP) and Trumpcoin (DJT) jumped by 18%
These tokens soared after Trump held a big rally with thousands of attendees in New York, a historically blue state. According to media reports
while thousands of people were turned away.
odds in the prediction market have shifted solidly in Trump’s favor
A Polymarket poll with $2.6 billion in assets
has placed Trump’s odds of winning at 66% compared to Kamala Harris’ 34%
Other prediction markets like PredictIt and Kalshi have similar numbers
with Trump having a 60% chance of winning.
analysts caution that these polls should be taken with a grain of salt because a few people can influence their performance
the three leading pro-Trump predictions – which are run by one person in France – have a stake worth over $40 million.
Also, most traditional polls show that the race is close in swing states like Michigan
most Trump crypto coins will do well if he wins the presidential race in next week’s general election since they are mostly driven by hype
the tokens will likely drop sharply if he loses the election because
he will likely lose his influence among most Republicans
The other risk for these meme tokens is a situation where they rally ahead of the election and then retreat sharply when it happens
This is a situation known as buying the rumour
Trump meme coins have done well at a time when demand for meme coins is rising
Data shows that all meme coins have a market cap of over $62 billion
TREMP memecoin on Solana fell 44.57% to $0.57 before rebounding to $0.76
while BODEN token linked to BIDEN memecoin dropped 32%
Written By:Ronak Kumar
Reviewed By:Dhara Chavda
falling over 51% due to rumors about an “official” Trump token launch on Solana.
According to a June 17 post by Pirate Wires
Trump is allegedly launching a token named TrumpCoin with the ticker DJT
Trump’s team has not confirmed this token launch
Blockchain data firms like Bubblemaps doubt the token’s legitimacy
noting that 67% of DJT’s supply is held in one cluster
with 43% on Solana-based market maker Raydium
Following the rumors, TRUMP dropped 51% to $5.70 within four hours, according to CoinMarketCap
This decline wiped out over $150 million from the TRUMP market cap
Smaller Trump memecoins also took a hit.
The Solana-based Donald Tremp (TREMP) memecoin fell 44.57% from $1.05 to $0.57 before rebounding to $0.76
linked to Joe Biden’s (BIDEN) memecoin
DJT surged to a $120 million market cap on June 18
despite being relativity with Trump is unknown till now
Data from Birdseye shows that the first DJT tokens were minted on April 22
As the industry awaits confirmation from Trump
several leaders have expressed frustration at the possible perpetrators behind the token launch.
This situation arises as presidential candidates like Trump
are increasingly focusing on the cryptocurrency industry as the upcoming election approaches
Also Read: Trump Vows To End Joe Biden’s ‘war on crypto’ if Elected
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2013Get email notification for articles from Shoshana Kordova FollowJan 28
meaning a ride in someone else's car – whether that of a friend
acquaintance or stranger – is automatically identifiable as a word of non-Hebrew derivation
since it ends with a hard "p" sound instead of a soft "f" sound
which in Hebrew are both signified by the same letter
which means both "hitchhiking" and "backpacking," and is used in Hebrew phrases like litfos tremp
Donald Trump’s guilty verdict sent shockwaves through the $65 billion memecoin market
launching tokens linked to him and President Joe Biden on a rollercoaster ride of volatility
After a jury of 12 found Trump guilty of all 34 felony counts in his hush-money trial on Thursday
the largest memecoin linked to Biden plummeted
a buzzy Solana-based memecoin worth nearly $200 million
Investors backing Trump-themed coins fared better, with MAGA — a reference to the Trump campaign slogan “Make America great again” — and Doland Tremp surging 13% and 11%
MAGA and Doland Tremp have total market values of $670 million and $112 million
The day’s volatility hasn’t been without its oddities, either. Super Trump seems to be an outlier after falling about 20%, and an anti-Biden memecoin called Joe Biden Has Perished is up 102% on the day
The price moves highlight two growing trends: the ongoing memecoin frenzy and the growing politicisation of crypto
They generated over $6.5 billion in trades over the past 24 hours alone and command a total market value of $65.5 billion
The sector faces criticism for being purely speculative — denunciations echoing the scepticism of crypto critics in general
hold sway among crypto retail investors for their low cost and alluring potential for massive earnings
“Memecoins seem to be one of the last remaining opportunities in crypto for a normal person to go from zero to respectable [net worth] in a short period of time,” Jordan Fish, a crypto influencer better known as Cobie, wrote on X
they are just as likely to crash to zero overnight
political joke coins are playing a huge part in the frenzy
Ryan McMillin, chief investment officer at crypto fund manager Merkle Tree Capital, recently told DL News he expects the niche to catapult Solana — the blockchain many memecoins are traded on — to new $400 record highs in the coming months
The focus on memecoins comes as crypto becomes increasingly politicised ahead of the November election
Recently, the House of Representatives voted in favour of a sweeping crypto bill known as the FIT21 Act
would clarify which agencies are responsible for regulating which types of cryptocurrencies
In parallel, the Securities and Exchange Commission approved spot Ethereum exchange-traded funds
Trump and Biden have both latched on to the momentum
Earlier in May, Trump embraced the industry in his strongest terms yet during an event at the Mar-a-Lago
“If you’re in favour of crypto you’d better vote for Trump,” he said
adding that his campaign would start accepting donations in crypto
The comments highlighted an evolution of his stance. He famously dismissed Bitcoin as “a scam against the dollar” in 2021
Comparatively, Biden has adopted a more anti-crypto stance, having threatened to veto a pro-crypto bill that would repeal a controversial SEC policy, and to raise Bitcoin miners’ taxes
Naturally, many in crypto community prefer Trump to Biden, 45% to 43%, according to a recent poll by investment firm Paradigm
Ryan Selkis, CEO of crypto market intelligence firm Messari and a vocal Trump supporter, paints a second Biden term as a future involving mass seizures of crypto assets
Eric Johansson is DL News’ News Editor. Got at tip? Email him at eric@dlnews.com
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David Keech is a retired teacher and works as a sportswriter, sports official and as an educational consultant. He has reported on amateur sports since 2011, known as 'KeechDaVoice.' David can be reached at [email protected]
2024 Trump token dumps 31% despite doubts he’s behind the DJT token Trump hasn’t confirmed or denied ties to the DJT token
but a blockchain analytics firm and industry leaders raised doubt that Trump’s team launched it
News COINTELEGRAPH IN YOUR SOCIAL FEEDMAGA (TRUMP) and other Donald Trump-related memecoins fell more than 30% amid rumors that Donald Trump’s team launched a “official” token on Solana
“Per conversations, Trump is launching an official token” named TrumpCoin under the ticker DJT, Pirate Wires claimed in a June 17 X post to its 63,800 followers
Pirate Wires claimed Trump’s 18-year-old son
However, Donald Trump’s team hasn’t confirmed the token launch, and blockchain data firms such as Bubblemaps seem confident that DJT isn’t actually linked to the presidential candidate
It noted that around 67% of the supply is in one cluster and that 43% of the total supply is on Solana-based automated market maker Raydium
Despite the widespread doubts, TRUMP fell 31% to $7.46 within a short four-hour window following the rumors, CoinGecko data shows.
More than $150 million has been wiped from the Make America Great Again-themed TRUMP market cap since the news
Smaller-valued Trump memecoins were hit even harder
The Solana-based Donald Tremp (TREMP) memecoin fell 36.8% from $0.95 to $0.60 in a similar timeframe before rebounding to $0.76
Related: Donald Trump’s crypto portfolio briefly peaks above $10M
the Jeo Boden (BODEN) token linked to Trump’s main presidential rival Joe Biden fell over 22%
DJT surged to a $120 million market cap on June 18 despite being relatively unknown
Data from Birdseye
shows the first lot of DJT tokens were minted on April 22
While the industry awaits confirmation from Trump
several industry leaders expressed frustration at the possible perpetrators behind the token launch
which comes at a time when presidential candidates like Trump
have started taking the industry more seriously as the upcoming presidential election nears
Magazine: Bots, airdrops push Ronin to No.2 blockchain for daily users — Not Pixels fans
Written By:Ezra Kaimenyi
A meme coin inspired by U.S. President Joe Biden has experienced a remarkable surge of over 70% today, reaching a market capitalization of $324 million, according to the Coinmarketcap data
Joe Boden (BODEN) is a meme coin on the Solana network that pokes fun at Biden’s image and policies
Its website features exaggerated jokes about the U.S
There’s also a version inspired by Trump named Doland Tremp (TREMP).The meme coin BODEN has experienced a remarkable surge
soaring by nearly 2,000% since its introduction
This spike is largely fueled by the anticipation surrounding the U.S
Presidential election and the widespread fascination with meme coins on social platforms
particularly news of Donald Trump’s lead over Joe Biden in six states according to the latest polls
have propelled BODEN’s value upwards.
particularly against the backdrop of Biden’s 2020 swing state victories
highlights the meme coin market’s fascination with political themes.
suggests that the enthusiasm for these unique tokens is expected to continue as investors remain keen on exploring the potential of these politically inspired investments
BODEN has emerged as the most significant gainer in the meme coin sector
outperforming other leading meme coins currently facing liquidations
Also Read: US Voters Favor Trump in Crypto: Paradigm Poll Reveals
Trump-related memecoins MAGA and Donald Tremp (TREMP) surged in price
while Biden-related memecoin BODEN declined
President Donald Trump during a Pennsylvania rally has significantly boosted his chances of winning the upcoming U.S
Trump survived the assassination with a minor ear injury even as the alleged shooter Thomas Matthew Crooks was shot dead by security forces present at the rally
One person present among the spectators also died in the firing incident
Trump’s campaign confirmed his safety
as the attempt occurred before his acceptance of the Republican nomination at the upcoming Republican National Convention
prompting Trump to call for unity and resilience against violence
The betting market on Polymarket reflects a shift, with traders raising the probability of Trump winning the election from 60% to 71%. Conversely, Joe Biden’s chances fell to 18%, and Vice President Kamala Harris stands at 5%, according to Polymarket data
Market analysts and geopolitical strategists
suggest that the attempt could potentially increase Trump’s electoral prospects
citing historical precedents like Ronald Reagan’s post-assassination surge in popularity
experienced price surges following the incident
Also Read: Donald Trump Memecoin Surges 47% After Assassination Attempt
Elon Musk publicly endorsed Trump following the attempt
marking a shift in support from the billionaire CEO
The failed assassination attempt has not only sparked political and market reactions but also reshaped expectations in the upcoming election
with Trump gaining momentum in both polls and market sentiment
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The PolitiFi meme coin sector is declining today after nearly reaching a $700 million market cap yesterday
investors are now eyeing the next potential breakout tokens that could see major gains if Trump becomes the president
Since major political events often cause traction among PolitiFi tokens
Trump-themed tokens are a prime target to be affected
Let’s look at the tokens that could replicate the success of MAGA (TRUMP) and Doland Tremp (TREMP) and what the experts think about them
FreeDum Fighters is shaking up the PolitiFi meme coin scene with its unique stake-to-vote mechanism and a successful presale that raised $348,000 since its inception on October 17th
With 40% of its total 270 billion token supply allocated to the presale and another 20% for the rewards distribution via its unique staking system
the project has ensured everyone has a chance to purchase DUM
Investors can pick between backing Trump’s “Magatron” or Kamala’s “Kamacop” via the presale’s staking platform
Backing Kamacop offers a massive 1171.73% staking APY
while those backing Magatron can 3x their token holdings long-term with a 308.8% APY
as the presale follows a 4-phase schedule that continuously raises the per-token price
The project will soon start hosting political debates between Magatron and Kamacop’s backers
a crypto expert with over 267,000 subscribers on YouTube
sees the presale’s massive staking rewards as something nobody should miss
He advises his audience to get into the presale while the per-token price is low
With just two days until DUM’s price jumps to $0.000075, there’s limited time to join the Freedum Fighters presale at the lowest possible price
Launched on one of the arguably fastest-growing chains
MABA is a PolitiFi meme coin that was released under the radar in March 2024
It reached its all-time high at the end of May when it soared to $0.006259 amidst Trump trials that made all Trump-themed coins pump
the coin’s previous surges following Trump-related events indicate a possible breakout if Trump wins the election
MABA entered October trading at $0.0001988 and had a tremendous rise of 586.49% since, following a post from Elon Musk on October 6th
which likely triggered the coin’s soar to $0.003886 that same day
which is well above its 50-day Simple Moving Average (SMA) of $0.000627
indicating a strong short-term breakout potential
sees a 100x potential in the coin based on its recent performance and technical indicators
the token’s Relative Strength Index of 55.04
combined with the market’s overall Fear & Greed Index of 69
suggests the coin has potential for growth in the upcoming week
it’s one of the few PolitiFi coins that’s still in a green trend across the past week
MABA’s tendency to soar alongside other Trump coins may be enough for the coin to explode in the upcoming weeks
Currently the 3rd largest PolitiFi meme token
MAGA has thrived amidst various events that involved the ex-president
the coin declined to $0.0001376 in early July
only to soar to $0.0002524 following Trump’s assassination attempt
As election day nears, MAGA’s team shared that it’s the #1 trending coin on DEXTools for Ethereum and among the top trending coins on 30+ exchanges
Although its current price of $0.0002472 is a far cry from its ATH of $0.0006243 back in May
the coin has experienced a steady rise throughout October
It entered the month priced at $0.00007209 and rose by 245.33% since
As Trump gained a record 66.7% lead on Polymarket
experts expect Trump-themed coins to continue soaring past October
believes MAGA can soar past its previous ATH and expects the coin to reach a market cap of $1+ billion
With 19 green days in the past month and its price above the 50-day SMA of $ 0.000117, indicating short-term growth potential, investors are demonstrating strong confidence in the politifi token. That, and its active 41,000-strong audience on X (Twitter) and Telegram
may be enough for the coin to explode if Trump becomes the next US president on November 5th
Disclaimer: Our articles are NOT financial advice
Please conduct your own research and seek advice from a licensed financial advisor
A neighbor from Tremp has been awarded 57 million after hitting the Primitiva combination. | Europa Press, Vkstudio, Loterías y Apuestas del Estado SOCIETY Surprise with La Primitiva: A 57 Million Euro Prize Falls in a City in SpainA single winner in Tremp
has taken the million-dollar jackpot of the Primitiva this Saturday.16/02/2025 16:31:00h by Aida Cristòfol
The quiet town of Tremp, located in the Pre-Pyrenees of Lérida, has been shaken by news that has filled its nearly 6,000 inhabitants with excitement. In the Primitiva lottery draw held this past Saturday
a single winning ticket was awarded the astonishing sum of 57,587,904.45 euros
This prize corresponds to the special category
which includes six correct numbers plus the refund
It has already become one of the largest prizes distributed by this lottery in recent years
The numbers that brought fortune to the municipality were: 44
The complementary number was 23 and the refund was 0
The most surprising thing is that the probability of matching this combination is one in 139,838,160
highlighting the magnitude of the stroke of luck
The winning ticket was validated at reception office number 2 in Tremp
known as "La Ferradura Màgica," on Barcelona Street number 8
expressed her surprise and joy upon hearing the news
the identity of the new millionaire is still unknown
This Primitiva prize has filled a Tremp resident with joy | Google MapsThis is not the first grand prize distributed by "La Ferradura Màgica." In fact
in 1999 they already awarded a jackpot of La Primitiva
consolidating its reputation as a place of good fortune for players
The news has spread like wildfire among the inhabitants of Tremp
conversations revolve around the identity of the lucky winner
The owner of the administration suspects that the winner is from the same town
"because at this time there are almost no tourists around here," she assured
the Primitiva draw on February 15 left other winners in Spain
A first-category ticket (six correct numbers) was validated at administration number 2 in Cangas de Onís
La Primitiva has spread luck this Saturday in Tremp
No-longer-hereAnother one at administration 242 in Madrid
Each of these tickets was awarded 469,232.68 euros
In the second category (five correct numbers plus the complementary)
five tickets were awarded 45,655.07 euros each
La Primitiva is one of the most popular games of chance in Spain
players must select at least six numbers between 1 and 49
This award has put this small Catalan city on the map of luck | EuropapressPrizes are distributed in different categories
from those who match three numbers to the special category
which includes the six numbers plus the refund
If there are no winners in the special category
which can generate million-euro prizes like the one in Tremp
PolitiFi meme coins surged sharply late Saturday
with MAGA (TRUMP) and Super Tremp (STRUMP) and Donald Tremp (TREMP) gaining by more than 37%
The spike in the Trump-related meme coins follows an incident involving former US President Donald Trump
While at a rally in Pennsylvania on Saturday
Trump survived what appears to have been an assassination attempt
Secret Service rushed the former president off stage and took him to hospital
A rally attendee died while another was rushed to hospital in serious condition
while STRUMP and TREMP traded to highs of $0.012 and $0.55 to lead PolitiFi gainers
MAGA Hat and BABYTRUMP all rising sharply. Meanwhile
a meme coin related to US president Joe Biden
dipped 12% as the news of the incident reached markets
Gabin Noosum and Kamala Horris – meme coins related to Governor of California Gavin Newson and US Vice President Kamala Harris
Both tokens were down 30% in the past 24 hours at the time of writing
Officials have said President Trump will be fine
while the FBI is investigating the shooting
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Meme coins took a big hit after the Trump vs
The cryptocurrency market reacted strongly to changing election odds
Also Read: Ripple: XRP Poised For A Mega Pump – Analyst Explains How
The debate’s aftermath shook up the crypto world
Meme coins tied to political figures were especially affected
This shows how closely politics and crypto are linked
PolitiFi meme coins’ total market value dropped 8.7%
the Kamala Horris (KAMA) meme coin rose 7.3%
Some saw this as a result of Harris’s strong debate performance
It also reflected the shift in election odds
Also Read: 3 Stocks To Watch in the US Markets For Profits
The debate affected more than just meme coins
It changed election odds on betting platforms too
Trump’s chances of winning fell by up to three percentage points
This put Trump and Harris neck and neck for the first time on the platform
Crypto fans were disappointed that cryptocurrencies weren’t discussed in the debate
This is despite crypto’s growing importance
And yet it hasn’t been mentioned in the Presidential debates as an issue voters care about.”
The debate highlighted crypto’s big political spending
Crypto companies like Coinbase and Ripple have put over $119 million into the 2024 elections
They support candidates who want clear crypto rules
Harris debate greatly impacted meme coins and election odds
This shows how unpredictable the crypto market can be
Also Read: Top 3 Cryptocurrencies Predicted to Hit All-Time Highs in Q4 2024
market watchers are looking for any news that could affect digital assets in the US
Please conduct your own research and seek advice from a licensed financial advisor.