CandleFocus Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens
2024-11-05
Author: Content Editor
Thousands of election-themed memecoins have been created on Ethereum and Solana in the past 24 hours. Memecoins related to real-world events are often associated with scams and rug pulls. However, some more established election-related memecoins, such as MAGA and KAMA, have seen significant increases in trading volume and market caps. The creation of memecoins during real-world events is not new, but it is important to note the volatile and often fraudulent nature of these tokens.
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