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3 Best Meme Coins Inspired by Politics to Look Out For
With the US Presidential elections coming up, political-themed meme coins are expected to soar in value, contributing to the overall rise in cryptocurrency assets.
Memes with political overtones have gained significant traction in the past day, reflecting a broader market upswing. Cryptocurrency assets showed signs of bullishness as the leading coins increased in value. The price of Bitcoin (BTC), which has been accumulated by institutions, has risen above $71,300, representing a 1.6% increase today and bringing weekly gains to 6%. Memes and altcoins also showed this increase.
Memes in particular saw the biggest gains as their market valuation skyrocketed to $69 billion. a 5.1% increase this day. Memes with political overtones have taken over social media in the run-up to the US presidential election. With new bills in Congress gaining traction, cryptocurrency assets are currently a significant election topic. There have been inflows into assets based on former US Presidents Donald Trump and Joe Biden. These are some politically charged memes to be aware of this week.
1.MAGA PEPE
The popular viral coin PEPE and Donald Trump are the inspiration for MAGA PEPE. Market remarks and Trump’s personal holdings have contributed to the gains accrued by tokens themed on the presidential candidate. A total of $2.9 million was traded for the item today, leading to a 103% increase.
His cryptocurrency assets surpassed $30 million today, the ex-president said. There is hope that Congress will be able to enact regulatory improvements due to the approaching U.S. elections.
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2.Obema (OBEMA)
With a 257% increase, Obema is now the most popular meme coin. Preceding the US elections and a potential shift in market attitude, the asset-themed after-Obama has experienced a rise. Increased flows to newer tokens have led to weekly gains of 224%. According to data from CoinGecko, OBEMA’s daily trade volume has climbed beyond $1.5 million.
3.DT Inu
In the last seven days, this asset has had 179% inflows, and now it is up 15.9%. Due to fresh investments, the asset’s market value increased to $2.9 million. Due to the token’s recent launch onto the market, trading volume is limited as holders demand larger flows. All things considered, the market value of meme coins with a political bent is $1.75 billion.
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