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A review of MEME coins worth paying attention to during the US election

A review of MEME coins worth paying attention to during the US election

Odaily2024/07/23 10:53
By:Odaily

Original author: TechFlow

A review of MEME coins worth paying attention to during the US election image 0

For most people, what impact will the US election have on you?

If you think about it carefully, the answer is no.

You may say that politics on the other side of the ocean will not have any substantial impact on the lives of most people; but since there is no impact, why do you care?

Watching all the crypto media scramble to report who is running and who is withdrawing, and keeping up with current events, thousands of words can be summed up in one sentence:

There is no early rise without benefit.

The encryption industry is more or less a gradual product of the cypherpunks anti-centralized politics, but now it has to keep up with political hotspots and start all kinds of speculation and carnival.

Some people would say that encryption is related to various complex economic factors such as macroeconomics, liquidity, and great power games, so it is necessary to pay attention to political changes in the general election in real time.

That does make sense.

But many times, things may not be that complicated.

For crypto-adventurers, the reason to pay attention to the US election is as simple as the picture below:

A review of MEME coins worth paying attention to during the US election image 1

In Crypto, all politics is a fashion. Follow the trend and find the possibility of eating meat.

For most leeks, politics on the other side of the world has nothing to do with national economy and peoples livelihood, but is about entertainment, emotions and digestion.

If you think of it as a show, its right --- theres an old man in his 80s who managed to escape a bullet and yelled fight, theres also an old man in his 80s whose mental state is worrying, theres also a vice presidential candidate who came out of the poor class and a female candidate with a diverse background...

Let’s make the core of the narrative clear:

Where there is a show, there is a topic; where there is a topic, there is drama; where there is drama, there are cultural symbols; where there are cultural symbols, there are memes.

In the context of encryption, politics is a pastime, winning or losing is entertainment, thats all.

Therefore, all the attention will eventually focus on which meme best fits the core of the election, and I will choose that one.

So what other memes are there to choose from related to the election?

$TRUMP: The namesake, catalyst for the Bitcoin conference

CA:

0x576e2BeD8F7b46D34016198911Cdf9886f78bea7

MC: 300 M

X: @MAGAMemecoin

The name does not need much explanation. As the most talked-about emperor, Trump is still the leading totem of election-related memes.

If you check its X, you will find that its background has been changed to the historic moment captured by the Sony camera, and the description also includes a link to donate the ETH received by the project to American childrens rescue.

Love Peace, the King of Understanding really does understand.

A review of MEME coins worth paying attention to during the US election image 2

A possible catalyst in the near future is that Trump is scheduled to attend the Bitcoin 2024 conference in Nashville on the 24th local time. Industry insiders predict that Trump may announce his intention to include BTC in the national strategic reserve assets at the conference.

If this is really the case, the related meme will most likely usher in a frenzy; however, based on the principle of Sell the News, perhaps the day the news is announced is the day to get off the bandwagon.

$MAGA: Little Red Riding Hood, Big Slogan

CA:

0xD29DA236dd4AAc627346e1bBa06A619E8c22d7C5

MC: 60 million

X: @MagaHAT_ETH

In case the newbies in the village who just got internet access don’t know, the acronym for the token stands for Make America Great Again, and it all started with the red hat Trump wore during the political campaign.

A review of MEME coins worth paying attention to during the US election image 3

The founder’s cat, Musk’s dog, Trump’s hat, and other commonly used symbolic expressions in crypto memes.

Considering the rise in Trumps approval rating and the announcement of his withdrawal from the election, the red hat may be able to last until the end. But whether MAGA can rise to the end is still a question mark.

It is worth mentioning that the social media accounts of the above-mentioned TRUMP tokens also contain the word MAGA to some extent. Although they can prosper together as events change, there must be a difference in the growth rate between the two.

$FIGHT: The most understandable slogan

CA:

0x8802269D1283cdB2a5a329649E5cB4CdcEE91ab6

MC: 19 million

X: @Fight 2 Maga

There is no need to elaborate on this slogan. It was the three-fight slogan he shouted after he was almost shot.

But compared with the previous two Trump-related memes, FIGHT’s market value is relatively small, and its price has fallen by about 40% in 24 hours.

Success or failure depends on slogans. The price fluctuations may depend on whether Trump will shout Fight again in the next show.

$BODEN: Thinking in reverse, is there still a chance in the loser group?

CA:

3psH1Mj1f7yUfaD5gh6Zj7epE8hhrMkMETgv5TshQA4o

MC: 12 million

X: @boden 4 pres

Bound to the meme of the same name as Biden, as Biden withdraws from the election competition, everyone seems to think that this coin is over.

However, crypto speculation is of course anti-human, and opportunities may emerge in anti-consensus. As of press time, BODEN suddenly rebounded, rising 173% in 24 hours.

Sometimes reverse thinking is important. Although Biden has withdrawn from the election, the pool is still there. Bidens withdrawal from the election does not mean that he will retire. Once the relevant remarks touch the popular nerves and become a golden sentence or are interpreted, BODEN tokens will obviously have the opportunity to be linked.

$VANCE: The Vice Presidential Candidate Who Came From Poverty

CA:

0x9b465aaB9e8F325418F222C37de474b1bD38ded2

MC: 1 million

X: @VanceTokenETH

We have previously introduced Vance’s friendly attitude toward cryptocurrencies and his working-class background in the article “J.D. Vance’s Counterattack as Vice Presidential Candidate: The Tragedy of Poverty and the Right-Wing Culture of Bitcoin ”. The image of Vance revealed by these public information has obviously also provided Meme with space to hype topics related to equal rights and crypto-friendliness.

However, it should be noted that the current market value of the Meme token is very small, which means that the impact of volatility risks or behaviors such as insider trading are significantly amplified.

A review of MEME coins worth paying attention to during the US election image 4

$KAMA: A younger Biden successor, female leaders and diverse identities

CA:

HnKkzR1YtFbUUxM6g3iVRS2RY68KHhGV7bNdfF1GCsJB

MC: 23 million

X: https://x.com/kamalahorriss

After Biden dropped out of the race, the other confirmed candidate for the Democratic Party is current Vice President Harris.

Compared to Biden, Harris is younger (59 years old) and a female candidate. She has served as California Attorney General and U.S. Senator, and also participated in the 2020 presidential election.

It is worth mentioning that Harris criticized Biden in the 2020 election, and after Biden became president, the two sides became allies working together.

A review of MEME coins worth paying attention to during the US election image 5

At the same time, Harriss background is both African American and Indian, and her more diverse identity also lays a good foundation for winning the support of female voters and minorities.

Back to the crypto meme, this is relatively consistent with the cultural core of diversity and equality; as of press time, KAMA is still in an upward range, with a 24-hour increase of about 18%.

Based on the principle of hyping up new things rather than old ones and the label blessing of new hype objects after Biden, KAMA is still one of the choices besides Trump-related memes.

In the end, whether it is the election or politics, it is ultimately a curtain call for crypto speculation.

What blows the curtain is the wind of fashion and trend.

The key is to understand the crypto-fashion politics and grasp the pulse of fashion.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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