Trump-themed meme coins, such as MAGA Hat (MAGA), Super Trump (STRUMP), Doland Tremp (TREMP), and Dark MAGA (DMAGA), have experienced significant price surges as the likelihood of former US President Trump winning the 2024 election increased on prediction markets. These gains have pushed the total market cap of political-themed tokens above $853 million. The crypto community views Trump as a more innovation-friendly candidate, and his strong lead over Kamala Harris in election odds has further fueled interest in these tokens. The recent surge in meme coins coincided with the public sale of WLFI, the governance token for the Trump family-backed DeFi project World Liberty Financial platform. However, the long-term viability of these coins remains uncertain, though they may benefit from another wave if Bitcoin experiences significant movement.



Other News from Today