Trump based cryptocurrencies rally over 100% ahead of election day
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Trump-themed tokens surge: Ahead of the U.S. elections, Trump-based cryptocurrencies saw significant gains, with some increasing over 120%, while the overall market cap for PolitFi coins rose to over $685 million.
Market sentiment shifts: Despite a drop in Trump's predicted chances of winning, investors remain biased towards his potential return to the presidency, as political meme coins gain traction amidst election hype, although experts suggest they may need to develop utility to stabilize in the market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
