• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Navigating the Impact of Politics on Cryptocurrency Trends

user avatar

by Giorgi Kostiuk

2 years ago

The cryptocurrency market witnesses a cyclical shift in asset popularity, with Metaverse, NFT tokens, and AI altcoins leading the current trends. The decline of interest in new meme coins contrasts with the enduring appeal of Trump Coin and similar options. Enter the era of 'PolitiFi,' where political elements influence the decisions of cryptocurrency investors. Following the epochs of DeFi, NFTs, and Metaverse, a new wave of popularity surrounds politicians' cryptocurrencies, creating buzz, capturing headlines, and experiencing exponential growth. Recent events, such as the rapid devaluation of a meme coin post-Trump's legal troubles, illuminate the transformation of these assets into tools for political analysis, campaign financing, and speculative betting. As the 2024 US Presidential elections loom closer, the PolitiFi sector is poised for increased activity, trading volumes, and price fluctuations in the build-up to November. Exchanges are likely to integrate these political tokens alongside fan tokens and emerging meme coins to tap into the election-induced market dynamics.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Surpasses $8 Billion in Open Interest

chest

Solana's open interest has crossed the $8 billion mark, indicating increased trader activity and risk appetite.

user avatarDiego Alvarez

Binance Achieves Key Regulatory Milestone with ADGM Authorization

chest

Binance has achieved full authorization from the ADGM's Financial Services Regulatory Authority, enhancing its regulatory compliance and boosting investor confidence in the global crypto market.

user avatarElias Mukuru

Google's UCP Set to Enhance Consumer Experience with AI Integration

chest

Google is set to integrate the Universal Commerce Protocol (UCP) into its consumer-facing products, enhancing the shopping experience with AI-powered recommendations and direct checkout.

user avatarMaria Fernandez

Google's UCP Aims to Foster Competitive AI Commerce Landscape

chest

Google's Universal Commerce Protocol (UCP) aims to ensure interoperability among AI agent protocols, fostering a competitive ecosystem and helping retailers manage AI integrations effectively.

user avatarKenji Takahashi

Google Introduces Universal Commerce Protocol to Revolutionize Ecommerce

chest

Google has introduced the Universal Commerce Protocol (UCP), an open standard aimed at revolutionizing AI-driven shopping experiences.

user avatarGustavo Mendoza

Sei Network Warns Users Ahead of Major Transition

chest

The Sei Network is transitioning to an EVMonly chain in March, urging users to migrate their USDCn assets to avoid potential losses.

user avatarLuis Flores

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.