Author: Jaleel Plus Six, BlockBeats

The concept of the US election Meme is hot in the coin circle.

On May 13, Trump invited some of his NFT holders to a dinner party, and the video of the event went viral in the crypto community. In the video, Trump expressed his acceptance of the development of cryptocurrency and stated that Biden and the Democratic Party have always taken an anti-cryptocurrency stance.

Over the past two weeks, the community has experienced a shift from excitement to quarreling over voting for Trump, and then to discussing the topic of "cryptocurrency and politics". Trump's pro-crypto move has provided the community with "emotional value".

"If you support cryptocurrency, you'd better vote for Trump" has become one of Trump's campaign strategies.

This has also brought about a resurgence in Trump's Crypto Meme track. In the past few days, TRUMP, the meme coin named after Trump, which has been trading sideways for two months, has seen a significant increase, with the highest increase reaching 140%.

Obviously, in these six months, those in the coin circle who continue to focus on and speculate on the concept targets of the US election may continue to have more opportunities to make money. So, what are the important time points and targets that need to be closely watched? BlockBeats has made some arrangements in this article.

Key Time Points

Currently, US President Joe Biden and Donald Trump have defeated their respective challengers and are almost certain to become the final candidates for the November US presidential election.

Source: The New York Times

Nikki Haley, who served as the US Ambassador to the United Nations, tried to stop Trump from becoming the Republican presidential candidate again, but her "last chance" has evaporated. In the "Super Tuesday" primaries on March 5, Trump received overwhelming support, forcing the last opponent within the Republican Party, Nikki Haley, to announce her withdrawal from the race. Biden also won a sweeping victory in the Democratic Party's nomination.

This result marks the beginning of the official campaign for the 2024 election. After the 2020 presidential election, the two will face off again.

Most opinion polls show that the competition between Biden and Trump is fierce before the showdown on November 5 this year. With six months to go, there will undoubtedly be many dramatic events during this time.

June 27: First Debate

Presidential debates have a decisive impact on US elections, often greatly changing the election situation and process. Debates are not only a platform to showcase policy views, but also a battlefield for candidates to belittle each other and dig up dirt on their opponents. Historically, debates have often become turning points in elections.

For example, in the 1960 debate between Nixon and Kennedy, Kennedy's outstanding performance helped him win the support of a large number of voters. In 2016, the debates between Trump and Hillary Clinton also made headlines multiple times and became a hot topic of discussion among voters.

This year, Joe Biden and Donald Trump have agreed to hold presidential debates in June and September. Both have already attacked each other's prospects on social media, indicating a highly contentious showdown.

Biden posted on his X website on Wednesday morning that he had received and accepted an invitation from CNN to debate Trump on June 27.

The 81-year-old Biden wrote on his personal X account: "Donald Trump lost to me in two debates in 2020, and since then, he has not participated in any debates. Now he seems to want to debate me again." He then wrote, "Well, let me be happy, buddy!"

Biden later added in another X post that he "has received and accepted CNN's debate invitation" and quipped, "It's your turn, Donald. As you said: anywhere, anytime, any place." He humorously added, "Donald, I heard you're free on Wednesday."

This is because Trump is usually on a midweek break in New York during the ongoing criminal trial. However, the witness testimony phase of the case is nearing its end, and the jury deliberation phase will follow. In this case, Trump is accused of falsifying business records before his successful 2016 campaign to conceal hush money paid to a porn star. The trial is expected to conclude within the next two weeks.

Trump responded that he would accept Biden's challenge and told Fox News, "I will be there." He also said he "looks forward to coming to beautiful Atlanta." Trump posted on Truth Social, "Dishonest Joe Biden is the worst debater I've ever met—he speaks incoherently, he is the worst president in American history."

September 10: Second Debate

After accepting the invitation for the June 27 debate, the two presidential candidates also announced that they had agreed to hold the second presidential debate on September 10.

It is worth noting that previous presidential elections usually had three debates, but this time there are only two, making the importance of the second debate more prominent. The first debate will be hosted by CNN, and the second presidential debate will be hosted by the American Broadcasting Company (ABC).

Trump and Biden had a dispute during the final presidential debate of the 2020 election on October 22, 2020, in Nashville, Tennessee (Reuters)

Both debates have unusually bypassed the Commission on Presidential Debates (CPD), which has been hosting presidential debates since 1988. The debate agreement between the two candidates bypasses the non-partisan CPD, which has been hosting quadrennial presidential debates since 1988.

This September debate may be the final formal showdown between the two, and it is expected to once again attract national attention. Through these debates, voters can not only gain a deeper understanding of the candidates' policies and views, but also see their adaptability and demeanor in intense dialogue, such as the changes in the candidates' attitudes towards cryptocurrency.

The process of the second debate will also have a profound impact on the election results and is a key point that investors in meme coins cannot ignore.

November 5: Election Day

The 2024 US presidential election will be held on November 5 (Tuesday). This election is the 60th presidential election in US history and will also include congressional elections, including all 435 seats in the House of Representatives and 33 seats in the Senate, to form the 119th US Congress.

On this day, voters will elect members of the Electoral College, who will then vote to confirm the new US president and vice president. Therefore, at this critical time, in addition to speculating on meme coins related to the US president, meme coins related to the vice president can also be speculated on.

On Election Day, voters in each state will go to the polls to choose their preferred candidates. Historical experience shows that unexpected twists often occur on Election Day. For example, the election dispute between Bush and Gore in 2000, and Trump's unexpected victory over Hillary Clinton in 2016, both demonstrated the uncertainty and drama of Election Day.

For investors in meme coins, the market fluctuations on Election Day could be significant, with both investment opportunities and risks. Therefore, closely monitoring the voting results and market reactions will be an indispensable part of investment strategy.

January 20, 2025: Inauguration

The elected president will be officially inaugurated on January 20, 2025. This day not only marks the official start of the new president's term, but also symbolizes the completion of the transfer of power and peace. The inauguration ceremony usually takes place on the west side of the US Capitol, with the new president taking the oath under the supervision of the Chief Justice of the Supreme Court.

The inauguration ceremony is not only a solemn event, but also an opportunity for the new president to deliver their first speech to the nation and the world. In this speech, the president usually outlines the policy direction and governing philosophy for the next four years.

In history, many presidential inaugural speeches have left a deep impression, such as Lincoln's second inaugural speech, "With malice toward none, with charity for all," and Kennedy's "Ask not what your country can do for you, ask what you can do for your country."

Therefore, for the Meme coin market, the market reaction before and after the inauguration ceremony is also worth paying attention to. The new president's policy direction, economic plans, and foreign policy could all have a significant impact on the market. If the new president says something memorable, it could also lead to the creation of new Memes.

Latest Polling Situation: Trump Still Leading, but Not Without Concerns

Facing this "elderly showdown," the American public seems unenthusiastic. Multiple poll results show that most Americans do not want Biden and Trump to rematch. The Economist described the 2024 US presidential election as more of a referendum by American voters than a popularity contest, with the choice not being which is good, but which is "least bad."

The final election result is likely to depend on the results of seven key states: Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania, and Wisconsin. These states, known as "battleground states" or "swing states," play a crucial role in deciding which candidate wins the Electoral College.

According to a poll published by The New York Times on May 13, in hypothetical head-to-head matchups in the six key battleground states, former President Trump is leading Biden in five of the states. The survey was conducted from April 28 to May 9. The results show that Trump leads Biden among registered voters in Pennsylvania (47% to 44%), Arizona (49% to 42%), Michigan (49% to 42%), Georgia (49% to 39%), and Nevada (50% to 38%).

Recently, a poll by The Wall Street Journal also showed Trump leading Biden by a narrow margin of 47% to 45%. In a new survey including independent third-party candidates, Trump's lead expanded to 5 percentage points, reaching 40% to 35%. This indicates that based on current polling, there is a greater likelihood of Trump returning to the White House.

This is consistent with the previous poll conducted by The New York Times/Siena College in October 2023, with little change in the results. In the previous poll, Trump was also leading Biden in all five states except Wisconsin, where Biden had higher support.

Of course, Trump is not without concerns. In the past few months, Biden's campaign team has increased its efforts to reach out to voters, while Trump has to deal with multiple legal challenges.

A courtroom portrait of Trump, refusing to plead guilty

Trump faces at least two major challenges: legal troubles and financial shortages. Currently, Trump is facing 91 charges in four criminal lawsuits. These lawsuits are likely to divert a significant amount of his energy and may ultimately influence some voters' decisions on Election Day on November 5. However, lawsuits are a "double-edged sword." A recent poll by The Wall Street Journal found that despite Trump's legal troubles, his image and political standing among supporters are more solid. The poll shows that 86% of people say that even if the former president is convicted of a felony, they would still support Trump.

Financial issues are also a major challenge for Trump. Recently, Trump was fined over $500 million, and as the lawsuits continue, he may face more fines. Recent financial documents show that the campaign funds used by Trump are significantly behind those of Biden.

In early February of this year, Trump's camp had about $30 million in cash reserves, while Biden's camp had nearly $56 million. According to Bloomberg, in 2023, Trump spent $51.2 million on legal fees, and he has an additional $23.5 million available for use. These funds are expected to be depleted around July this year. Perhaps this is why he recently expressed willingness to accept campaign donations from the cryptocurrency channel.

Trump Concept

Since its debut at the end of 2022, Trump and his wife have released a total of five series, with total sales amounting to millions of dollars.

Trump Digital Trading Cards

Trump's first NFT series, "Trump Digital Trading Cards," was launched in December 2022, with a total of 45,000 cards issued, covering various fantasy images such as superheroes, astronauts, and western sheriffs. These NFTs were minted on the Polygon blockchain, with each card priced at $99. This series sold out within about 12 hours of its release.

Related reading: "Trump NFT 10x in 2 days, is it issued by the former president himself?"

After Trump returned to Twitter and posted a tweet, the floor price rose to 0.193 ETH, with a 41% increase in intraday trading volume up 258%.

Then, on April 19, 2023, according to Bloomberg, Trump announced the launch of the second series of "Trump Digital Trading Cards" on his social platform Truth Social. This series of NFTs was also minted on the Polygon blockchain, with each card priced at $99, and a total of 47,000 cards issued, with 46,000 available for sale. The second series continued the success of the first series, once again sparking widespread market attention and investment frenzy.

As of the time of writing, according to OpenSea data, the floor price for the second season of Trump Digital Trading Cards is 0.02 ETH.

Mugshot Edition

On December 13, 2023, Trump launched the third NFT series, "Mugshot Edition," offering 100,000 NFTs, with 99,000 available for public sale. This series was also priced at $99. According to the issuer, users who purchase 47 Trump cards will have the opportunity to have dinner with Trump at Mar-a-Lago and receive a suit worn by Trump when he was arrested in August.

On May 8, after appearing in court, Trump flew back to Florida and held a private dinner with the main buyers of his "Mugshot Edition" NFT trading cards.

The Mugshot Edition NFT series features photos of Trump taken when he was arrested in Georgia last year for conspiring to overturn the state's 2020 election results, as well as various derivative illustrations, including photos from the arrest scene, Trump wearing a cowboy hat, and a cartoon image of Trump holding lightning with the words "American superhero" below.

Frank, the founder of DeGods and a well-known founder and KOL in the American NFT community, also attended the dinner. In addition to the video mentioned above, Frank also posted another video from the event on his X account, in which Trump said, "Let's make NFTs hot again."

As of the time of writing, according to OpenSea data, the floor price for the Mugshot Edition is 0.9 ETH.

MAGA ($TRUMP)

Recently, Trump expressed support for the development of cryptocurrency and called on supporters to vote for him in a conference video. This video went viral in the crypto community, not only exciting Trump's supporters but also bringing new hope for the future of cryptocurrency.

Trump's comments not only caused a stir in the cryptocurrency market but also directly propelled the price of the Trump-themed Meme coin MAGA ($TRUMP) to soar. Due to the poor liquidity and depth of NFTs, the token's price may be more responsive to changes in hot events and is more suitable for speculation.

MAGA (Make America Great Again) is Trump's classic campaign slogan, and the MAGA movement is a political movement centered on American nationalism that emerged during Trump's 2016 presidential campaign.

Within 24 hours of the comments being released, the price of MAGA ($TRUMP) rose by 78%, with a trading volume of $2.818 billion, making it the 13th-ranked Meme coin by market capitalization. The market value of MAGA ($TRUMP) even entered the top 250 on CoinGecko. Trump's supporters were also excited by his open attitude towards crypto donations during a Q&A at a dinner.

Currently, MAGA ($TRUMP) is one of the strongest American election concept Meme coins, continuing to rise and breaking $10 on May 16, now trading at $9.89, with a 24-hour increase of 29.7%. According to dexscreener data, the market value of MAGA ($TRUMP) is $436.6 million.

Doland Tremp ($TREMP)

Other related digital assets also showed similar market reactions. For example, the Doland Tremp (TREMP) coin rose from $0.38 to $0.652, recording a 69.85% increase.

As of the time of writing, according to dexscreener data, the market value of Doland Tremp ($TREMP) is $82.5 million.

Melania Trump Concept

The Trump family's NFT project is not limited to Trump himself. On December 16, 2021, Melania Trump announced the launch of the Melania Trump NFT platform, with the first NFT named "Melania's Vision" priced at 150 SOL. On February 18, 2022, she launched the "POTUS NFT" series to commemorate important moments in American history.

In addition, Melania Trump also launched "The 1776 Collection" NFT series on June 30, 2023, to celebrate the upcoming Independence Day in the United States. The series is priced at $50 per piece, divided into 6 versions, with a total of 500 pieces for each version.

Biden Concept Coins

Joe Biden ($Biden)

Since its launch in March, $Biden has become one of the most watched Meme coins in this round of political coins. This coin, based on the Solana blockchain, has attracted attention from figures such as zkSync, Phantom, and Messari founder Ryan Selkis due to its amazing price increase and unique cultural phenomenon.

These Meme coins are not just derivatives of political figures but also extend to entertainment, culture, business, and religious fields. They often form unique cultural phenomena through puns and variations of English words, similar to the "emo" trend 15 years ago. In terms of artistic expression, they often present exaggerated visual effects with stretched necks and tilted heads, full of whimsy and humor.

Related reading: "American 'emo,' sweeping Solana"

As of the time of writing, according to dexscreener data, the market value of $Biden is $268.8 million. As one of the two major presidential candidates in the U.S. election, $Biden is bound to experience a speculative frenzy during the election period.

Kamala Harris ($KAMA)

A survey by the Pew Research Center shows that nearly half of registered voters say they do not support Biden or Trump as president. Nearly two-thirds of respondents express doubt about Biden's physical condition being sufficient to serve as president, and a similar number of respondents lack trust in Trump's moral performance.

If Biden is unable to fulfill the duties of the president due to illness, Vice President Kamala Harris will assume the presidency. Harris may become a focus of the market, especially if Biden's physical condition is poor after being elected.

According to the U.S. Constitution and the Presidential Succession Act, the vice president will assume the presidency when necessary to ensure a smooth transition of power. The succession order after the vice president includes the Speaker of the House, the Senate President pro tempore, and cabinet members such as the Secretary of State, ensuring a clear succession process in any situation.

Therefore, in this context, tokens related to Vice President Kamala Harris ($KAMA) are also worth paying attention to. However, at present, the liquidity of $KAMA is relatively low, and it is only presented as a thought in this article, not as investment advice.

Other Election Concept Coins

$PEOPLE

Since May, the price of $PEOPLE has been rising, in part due to its connection to the American election concept. This token represents the idea of decentralized autonomy and achieved the goal of "common ownership" symbolizing human rights and decentralization by crowdfunding to purchase the last publicly auctioned copy of the U.S. Constitution at Sotheby's.

$PEOPLE has a distinctly left-wing core, attracting investors with similar beliefs. With this concept, $PEOPLE has gained an advantage in the market.

According to OKX market data, $PEOPLE briefly broke $0.048 on May 15, with a 24-hour increase of 34.15%. As of May 16, the price of $PEOPLE is $0.0515, with a 24-hour increase of 38.44%. In addition, Binance announced on May 14 that it will launch spot trading pairs and trading bot services for PEOPLE, further driving up the price of PEOPLE.

As of the time of writing, according to dexscreener data, the price of $PEOPLE is $0.05216, with a market value of $264.3 million.

American Coin ($USA)

American Coin is a token full of Meme attributes, with promotional materials similar to the "Declaration of Independence," giving $USA more cultural and political significance:

"Today is Monday, November 4th. A carton of eggs costs $20. The average house price starts at $1 million. The baby boomer generation has stolen your future, and yet you live in a 400 square foot cockroach den, listening to politicians tell you that all you need is Boden to be happy. This is not the future that real Americans want. This is why $USA is here. $USA exists to fight against this kind of future. $USA is not a political token. It is a call, a cultural revival. $USA represents you, those who want to reshape the beauty of America through the power of cryptocurrency."

This narrative not only adds cultural and political depth to $USA, but also attracts investors who strongly identify with American culture and history. $USA is not just an investment target, but also a symbol of cultural revival.

As of the time of writing, according to dexscreener data, the market value of $USA is $62.7 million.

Note: Most Meme speculation carries extremely high risks and has no practical value. This article is only recorded as a train of thought and should not be taken as investment advice.

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