Politifi Token Drops Post-Presidential Debate

 
Niharika Deshpande
Written By 
Niharika Deshpande
 
Harsh Chauhan
Edited by 
Harsh Chauhan
September 11, 2024

The US presidential debate that was held yesterday the tenth of September ended with intense exchanges between the candidates, resulting in a noticeable shift in public opinion from Donald Trump to Kamala Harris. The debate also led to some unexpected movements in the emerging market of witty political memecoins, known as the Politifi Meme Coins. 

Shift from Trump to Harris

After the debate ended, one could easily spot the shift in the audience from Trump to Kamala Harris. Political betting odds, including Polymarket polls, that were conducted online showed an increase in ratings for Harris.

Analysts believe that Harris’s approach to political issues along with national issues captivated the audience, managing to sway them away from Trump and towards her. 

The Rise of Politifi Meme Coins

Amidst the debate’s outcomes, another surprising trend was waiting in the world of digital assets. The Politifi Memecoins were created to or mock political figures, their ideologies have gained traction among the crypto community .

The most popular Politifi Memecoins are:

  • ConstitutionDAO: DOA is a decentralized autonomous organization that created this token to make the constitution of the US accessible to all. 
  • MAGA: MAGA Coin is the acronym for Make America Great Again, a slogan that was used by Trump. This coin was created to symbolize for Donald Trump. 
  • MAGAHAT: MAGAHAT Coin is a cryptocurrency token that has been inspired by Trump’s iconic hat. 
  • TrumpCoin: A decentralized cryptocurrency that was created as a tribute to Donald Trump. 
  • HarrisToken: A cryptocurrency token that was created to Kamala Harris’s ideology and initiatives. 

After the debate, the coin’s price experienced heightened volatility as traders reacted to the shifts in public sentiments. The HarrisToken, observed a surge of 30% following the debate whereas the TrumpCoin, observed a decline of 15% as the confidence in Trump’s debate performance waned. All the coins that ed Donald Trump, saw a significant decline in their prices in the last 24 hours.

Top Politifi Meme Coins on CoinGecko

Although these meme coins are highly speculative and volatile, they are becoming a unique reflection of public opinion, reacting swiftly to political events and social media trends.

Also Read: Kamala Harris & Donald Trump Tie on Polymarket after Debate

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Niharika Deshpande
Written by Niharika Deshpande

Niharika has over two years of experience as a crypto-journalist and is part of the team at CryptoNewsZ. Although she holds a Master’s in Biochemistry, she has a knack for simplifying complex blockchain concepts. With a keen eye for industry trends, she delivers breaking stories and insightful analyses of the crypto world. Her articles serve as a go-to resource for those navigating crypto gambling, offering clear and well-researched insights. She also covers the latest crypto pre-sales and emerging token launches, helping investors stay informed. ionate about the evolving blockchain space, she continues to explore its impact on various sectors. Beyond journalism, she actively engages with the crypto community, fostering discussions on decentralized innovations.