PolitiFi memecoins are surging as they near the US elections, which could mark their final act unless they find new life serving the community’s interest.
Political-based memecoins are surging in the lead-up to the United States November presidential election — but will they survive diminished interest in the post-election period?
A memecoin frenzy has dominated crypto trading in 2024, and tokens with political associations (PolitFi) like Jeo Boden (BODEN) and Maga (TRUMP) have outperformed other memecoin categories.
Many market observers assume they’ll reach a crescendo sometime over the next two months and then fade after the election. Pseudonymous crypto market analyst and trader Crypto Rand warned Cointelegraph:
