The meme coin frenzy tied to Donald Trump’s political momentum is reigniting as the U.S. election draws near. After a slow September, political meme coins like MAGA, TRUMP, and TREMP are bouncing back with explosive potential. Among the rising stars is Solciety (SLCTY), a Solana-based token set to launch just ahead of Election Day, ready to dominate the emerging PolitiFi sector.
Trump-Related Tokens Regain Momentum
As Election Day approaches, Trump-themed meme coins are seeing renewed interest. Data from CoinGecko shows TRUMP gaining 14% in the last 24 hours, with MAGA Hat (MAGA) and Doland Tremp (TREMP) surging over 20%. This upswing reflects growing confidence in Donald Trump’s prospects, as he gains traction in key swing states.
On Polymarket, traders are increasingly bullish on Trump’s chances. His odds of winning now sit at 59.7%, compared to Kamala Harris at 40.2%. Despite Trump’s lead, some investors are betting on Kamala Horris (KAMA), which rose 10% over the past day, as Democratic supporters remain hopeful.
PolitiFi Market Heats Up
The broader PolitiFi market—which ties cryptocurrency with political narratives—has surged to over $853 million, a sharp recovery from its August dip to under $200 million. ConstitutionDAO (PEOPLE) leads the pack with over $400 million in market cap, but Trump-themed coins dominate the top 10 PolitiFi tokens.
Poised to make waves, Solciety (SLCTY) is a Solana-based meme coin gearing up for its launch on November 4, 2024, just in time for the election. But Solciety offers more than just political hype—it’s creating a community-driven political movement for degens.
At the heart of Solciety is the Meme Campaigner, a tool that empowers users to generate and share political memes. The platform makes it easy to upload these memes on X (formerly Twitter), fostering viral trends and building a community centered around the Solciety ecosystem. SLCTY will fuel interactions within the platform, extending its relevance beyond the election season.
Is Solciety A Good Investment Opportunity?
With political meme coins attracting new liquidity and buyers overwhelming sellers, Solciety’s presale offers a timely entry point. While many PolitiFi tokens saw drawdowns of 70% to 86%, the market’s rebound suggests this could be a buying opportunity.
Also Read: MAGA Coin Surges 20% After Elon Musk’s “Make America Great Again” Meme
SLCTY is currently in stage six of its presale, priced at $0.002289—but the next stage will see a slight increase to $0.002357. Analysts predict that the crypto market, especially Bitcoin, could rally in the coming months, potentially boosting the meme coin narrative.
As political narratives heat up, meme coins tied to Donald Trump and the U.S. election are gaining traction. With its innovative features and timing, Solciety (SLCTY) could be a top contender in the PolitiFi space. Investors seeking to ride the political wave may find adding SLCTY to their portfolio a savvy move ahead of Election Day.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
About The Author
