PoliFi tokens associated with Trump have seen an average increase of over 17% amid the elections

Donald Trump is currently leading in the U.S. presidential elections.

In this context, token assets linked to him have seen a significant increase.

Conversely, assets inspired by Kamala Harris and the Democratic party have experienced a decline.

According to CoinGecko, PoliFi tokens, which include MAGA (TRUMP) and Doland Tremp (TREMP), have surged by over 17% on average due to the ongoing election events in the United States. In contrast, assets associated with Vice President Kamala Harris have dropped considerably.

It's important to note that PoliFi tokens (or PolitiFi tokens) refer to a category of meme coins that are thematically tied to politicians or political parties. We explored this class of assets in detail in a separate article:

The U.S. presidential elections commenced on November 5, 2024. According to NBC News, Donald Trump, the Republican candidate, is currently in the lead. Furthermore, several media outlets and political figures have already congratulated him on his presumed victory, labeling him as the elected president.

In light of this, the cryptocurrency market has witnessed consistent growth. Bitcoin has notably reached an all-time high, exceeding $74,500. Positive trends are evident in the altcoin sector as well.

The situation is particularly telling in the realm of PoliFi tokens. Assets linked to Trump and his MAGA movement have risen by over 17% on average.

The MAGA (TRUMP) token saw a 15.8% increase, according to CoinGecko, but then experienced a subsequent drop.



The TRUMP/USDT exchange rate on MEXC. Source: TradingView.

The asset Doland Tremp (TREMP) was up by 18.8%. After a correction, it is currently trading at $0.37:



The TREMP/USDT exchange rate on MEXC. Source: TradingView.

Here are a few more tokens and their respective gains:

Dark MAGA — 34.1%;

MAGA Again — 7.2%;

TRUMP 47 — 46.8%;

BABYTRUMP — 17.4%.

On the other hand, tokens connected to Trump's opponent, Kamala Harris, have witnessed significant losses. A notable example is the Kamala Horris (KAMA) asset, which has recorded a 91.9% drop on the daily chart:



The KAMA/USDT exchange rate on CoinEx. Source: TradingView.

In addition to this token, other assets linked to the Democratic party in general and incumbent President Joe Biden in particular have also shown declines, specifically:

Kamabla — 92.5%;

Kumala Herris — 99.1%;

Jeo Boden — 15.8%.

It is worth noting that the situation in this segment could change drastically before the conclusion of the U.S. presidential elections. This sector, like meme coins as a whole, is characterized by high volatility.