Political meme tokens associated with Donald Trump have surged, with some gaining over 120% as the U.S. election nears, pushing the PolitFi market cap to over $685 million.
Trump-themed tokens, such as MAGA Hat and TrumpCoin, have shown significant growth despite recent declines in Trump’s election odds. At the same time, Kamala Harris-themed Kamabla (KAMABLA) also saw a 32.7% rise as her odds improved.
DJT and Pepe (TRUMP) led gains after a brief drop following Trump’s Milwaukee rally. Trump promised crypto-friendly policies like a U.S. Bitcoin reserve. Experts view these as “event coins” that may stabilize if they develop practical uses.
With one day to go before the U.S. election, polls show Donald Trump and Kamala Harris in a tight race, fueling speculation on platforms like PolyMarket. High early voting turnout—over 57.5 million votes—suggests a possible record.
Dubbed the “crypto election,” both candidates have highlighted their crypto policies to attract young voters. At the same time, nearly half of federal campaign contributions come from crypto supporters, intensifying the stakes in this closely watched race.
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