With the election approaching, which Memecoins are worth laying low for?
Written by: Shaofaye123, Foresight News
Amidst various cat and dog coins, and the true and false hype surrounding Satoshi, as the November election draws near, political narratives seem to be quietly approaching. Musk changed his profile, PAC surged overnight, this article will take you through Memecoins related to political narratives, laying low for popular targets in advance.
PAC
PAC in the United States refers to Political Action Committees, which gather campaign donations from members and donate funds to support or oppose candidates, ballot initiatives, or legislative movements. PACs are typically composed of individuals who wish to privately raise funds for political campaigns, representing business, labor, or ideological interests. Elon Musk changed his Twitter profile to include a PAC website, which is a Super PAC, with no donation limits, established in May 2024, aimed at supporting Donald Trump. Musk claimed in an interview on July 22 that the purpose of creating America PAC was to support "Make America Great Again" in the future.
PAC was created on July 22, and after being dormant for 3 months, surged to 20 M overnight following Musk's Twitter profile change. It has since retraced, with an FDV of 13.3 M and 4,056 holder addresses on-chain.
Official Twitter: https://x.com/americapaconeth
MAGA (Trump)
A token named after former U.S. President Trump and his campaign slogan "Make America Great Again" (MAGA). The project's creator once gifted Trump 580,000 tokens. Currently, Trump has established a large community, making it the largest by market cap among Trump-themed Memecoins, with a total donation amount of 1.89 million dollars. After Trump was attacked, the price of TRUMP surged temporarily.
MAGA (Trump) was created on August 11, 2023, and reached an all-time high of 17.66 U on June 1, 2024. It currently has an FDV of 228.7 M, a price of 4.97 U, and 37,960 holder addresses on-chain, with the top 10 holdings accounting for about 30%.
Official Twitter: https://x.com/MAGAMemecoin
MAGA (MAGA Hat)
MAGA Hat refers to Trump's red hat, as a Memecoin influenced by the "Make America Great Again" slogan, it has stronger viral properties and is more meme-like.
MAGA (Trump) was created on August 11, 2023, currently has an FDV of 70.5 M, a price of 0.0001706 U, and 21,776 holder addresses on-chain, with the top 10 holdings accounting for about 36%, with top chips concentrated on Gate.
Official Twitter: https://x.com/MagaCoinX
FIGHT
The FIGHT token was created on the day Trump was attacked, originating from Trump's gesture to the crowd after the assassination attempt, raising his arm and shouting "FIGHT." Subsequently, FIGHT, EAR, FEARNOT, and others appeared on ETH and Solana, with FIGHT and EAR performing notably, both surging over a hundred times. As the event's heat faded, related tokens nearly went to zero, with FIGHT performing relatively better.
FIGHT was created on July 14, 2024, currently has an FDV of 10.6 M, a price of 0.01078 U, and 8,365 holder addresses on-chain, with the top 10 holdings accounting for about 46%.
Official Twitter: https://x.com/Fight2Maga
PEOPLE
The PEOPLE token originates from the concept of decentralized governance, and its emergence is related to ConstitutionDAO. PEOPLE conducted a social experiment to crowdfund the purchase of the last publicly auctioned copy of the U.S. Constitution at Sotheby's, aiming to achieve the goal of "co-ownership," symbolizing human rights and the spirit of decentralization. PEOPLE has a leftist core and certain meme attributes. With the ideals of human rights and decentralization, PEOPLE has gained a large number of supporters and funding. Binance announced the launch of PEOPLE's spot trading pair in May.
PEOPLE currently has an FDV of 385.9 M and a price of 0.07618 U.
BURGER
The BURGER token comes from Trump's first use of Bitcoin to buy a hamburger, which some believe is similar to the first purchase of PIZZA, marking a significant event.
BURGER currently has an FDV of 3.2 M, with 3,658 holder addresses on-chain, and the top 10 holdings accounting for about 16%.
Official Twitter: https://x.com/BTCCryptoBurger
TREMP
TREMP (Doland Tremp) is inspired by Trump's Memecoin, deployed on the Solana chain. It is a quirky Memecoin that intentionally misspells Trump's name.
TREMP currently has an FDV of 37.3 M, with 34,221 holder addresses on-chain.
Official Twitter: https://x.com/dolandtremp_sol
MAGA VP
MAGA VP aims to support Trump's election as Vice President. It airdropped 1 million MVP tokens to Trump's wallet as a show of support for the MAGA spirit.
MAGA VP currently has an FDV of 2.3 M, with 2,015 holder addresses on-chain.
Official Twitter: https://x.com/magaVPcoin
Others
- Super Trump (STRUMP): A Memecoin combining Trump's image with a superhero theme, currently has an FDV of 549 K, with 1,910 holder addresses on-chain.
- Saveamerica: A book by Trump.
- USA: A Memecoin with attributes of the Declaration of Independence.
- HARRIS: A Harris Memecoin, currently has an FDV of 5 M, with 4,889 holder addresses on-chain.
- KAMA: A Harris Memecoin, currently has an FDV of 8.9 M, with 10,616 holder addresses on-chain.
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