This year’s crypto landscape is buzzing with a new and unexpected trend – PolitiFi tokens. As the U.S. elections draw near, politically themed cryptocurrencies are gaining traction, creating unique opportunities for investors. These tokens are not just driven by hype but by real-world political movements, offering an exciting fusion of politics and finance.
ConstitutionDAO
With PEOPLE as its ticker, ConstitutionDAO is leading the PolitiFi tokens. Currently trading at $0.05873, PEOPLE has a market cap of $297 million. The price of this token is up by 3.3% as the 24-hour trading volume reaches $168 million. This project started in November 2021 and raised $42 million to buy the U.S. Constitution. Over 17 thousand people contributed to this project. At this moment, it is down by 68.3% from its all-time high in December 2021 at $0.185.
MAGA
Donald Trump has been saying this a lot: “Make America Great Again”. This token has “TRUMP” as its ticker. Currently trading at $2.40, this PolitiFi token is up by 4.6% in the last 24 hours. The MAGA token has reached a market cap of $110 million. Started in the second half of 2023, this token is focused on the MAGA movement on blockchain. According to its X (formerly Twitter) account, the project has donated 584.03 Ethereum to the U.S. Vets and Child Rescue. According to every.org, MAGA memecoin has donated $1.7 billion till now.
MAGA Hat
Another meme coin with the same ticker, MAGA, influenced by the current trend of the U.S. presidential election, supports Donald Trump. In the last 24 hours, this meme coin has surged by 16.4% and is trading at $0.00006804. MAGA Hat has reached a market cap of $27 million. In the last 24 hours, this PolitiFi token has a trading volume of $10.5 million.
As the U.S. elections are approaching, these PolitiFi tokens are showing great momentum. People all around the world have their eyes peeled towards the presidential elections going to happen in November this year. Even though these things look very shiny, it is up to the investors to perform their own research before making any financial decisions.
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