As the U.S. election approaches, this might be the most comprehensive collection of election concept memes
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As the U.S. election approaches, this might be the most comprehensive collection of election concept memes
This article will briefly introduce and analyze some political concept tokens, the positions of Biden and Trump on cryptocurrency policy, and how their political inclinations might impact the cryptocurrency market.
Navigating Web3 tides with focused insightsIn this U.S. election year, presidential candidates Joe Biden and Donald Trump will hold their first debate on Thursday, June 27. Presidential debates often play a decisive role in American elections, with the candidates' performances directly influencing their approval ratings—and consequently impacting the cryptocurrency market. This article provides a brief introduction and analysis of political-themed tokens (PolitiFi Coins), outlines Biden's and Trump's positions on crypto policy, and explores how their political inclinations could affect the crypto market.
TLDR;
Political concept tokens (PolitiFi Coins) derive value from community-driven narratives centered around political topics—primarily related to the United States—and are promoted similarly to common Meme coins.
These tokens may or may not be officially issued, endorsed, or promoted by the individuals or organizations they reference. Risk warning: such tokens often carry significant volatility and risk, frequently experiencing sharp reversals, social media account hijackings, and exposure as scams.
Notable election-themed tokens that have gained attention include PEOPLE, MAGA, DJT, MAGAHAT, BODEN, and STRUMP.
This article analyzes noteworthy election-related concept tokens across different blockchains, evaluates their investment potential, and identifies where they can be traded.
Tony, XT Research Institute Five-Star Analyst, says:
In this election cycle, both Trump and Biden have adopted strategies markedly different from the last. Previously, when one went east, the other would go west. This time, if one moves 50 meters east, the other immediately escalates to 100 meters east.
To appeal to voters, U.S. crypto policy has become increasingly accommodating—from Bitcoin ETFs to Ethereum ETFs. Recent campaign activities have positively influenced the cryptocurrency market. The first presidential debate on June 27 and Trump’s planned speech at the Bitcoin 2024 conference in July have further fueled bullish expectations for crypto.
For a crypto market currently lacking fundamental drivers and heavily dependent on macro-level news, this is undoubtedly a positive signal. Between the two candidates—one embodying meme culture and the other representing the establishment—there is broad coverage of all speculative themes and narratives, offering ample material for market炒作.
Below is a recap of key dates in the U.S. election cycle (for details, see our previous article: U.S. Election Memes on XT.com):
Thursday, June 27: President Joe Biden and former President Donald Trump, his main challenger, will hold their first debate.
September 10: Second debate. These two debates mark the final major opportunities to sway undecided voters.
November 5 (the day after the first Monday in November of the election year): Election Day, with results expected the same night.
January 20, 2025: Inauguration Day for the elected president.
1. Which tokens have entered public awareness and achieved larger market caps?
Compared to the Biden administration, Trump has been more openly enthusiastic and knowledgeable about cryptocurrencies, suggesting he may foster a more favorable regulatory environment for crypto development. He has repeatedly stated his goal to “Make Crypto Great Again” and bring innovation back to America. As a result, far more Trump-related tokens exist than Biden-related ones. These U.S. presidential election-themed Meme coins may attract heightened attention during intense debates. Let’s examine potential investment opportunities:
PEOPLE (ConstitutionDAO): Originally an ERC-20 governance token issued by ConstitutionDAO on the decentralized crowdfunding platform JuiceBox. During fundraising, donors received 1,000,000 PEOPLE tokens for every 1 ETH donated. With a total supply of 5.06 billion, fully circulating, it currently holds a market cap of $470 million, ranking #129. First launched on November 26, 2021, it reached its all-time high of $0.185 within a month. It now trades around $0.09. If crypto is discussed favorably during the debate, PEOPLE is likely to surge.
MAGA (Trump): A Meme coin named after former President Donald Trump and his campaign slogan "Make America Great Again" (MAGA). Similar projects exist for current U.S. leaders (e.g., Biden and the "Jeo Boden" meme). Although Trump has not directly participated in the MAGA token’s launch or trading, the project’s creators gifted him 580,000 tokens. The project claims to donate part of its proceeds to charity. Since launching on August 11, 2023, MAGA has built a large community with over 50,000 holders. Its price surged significantly in 2024, hitting an all-time high of $17.66 on June 1, before pulling back below $9. It may experience renewed volatility ahead of Thursday’s first debate.
MAGA (MAGA Hat): Representing Trump’s iconic hat, this token has a market cap of $145 million, ranked #322 on CMC, launched in May this year. MAGA symbolizes a broader movement with strong community support; if Trump’s approval rises during the debate, related Meme tokens could rally sharply.
BODEN (Jeo Boden): The largest among a set of satirical, head-tilted political figure Meme coins referencing Biden. Currently valued at $112 million, ranked #384 on CMC, launched in March. Early on, trader paul.sol bought millions of BODEN tokens at under $0.05 each, quickly making a $7 million profit. On June 1, within an hour of Hunter Biden being convicted on three federal firearm charges, BODEN spiked 14%—in contrast to most Trump-related Meme coins, which crashed following Trump’s conviction. This highlights the randomness inherent in Meme coin trading.
DJT (TrumpCoin): On June 17, foreign media outlet Pirate Wires reported that Trump would launch an official token called TrumpCoin, named DJT, allegedly managed by his 18-year-old son Barron. Following the report, DJT briefly surged above $0.04. However, the Trump team later denied any involvement. Amid rumors and retractions, DJT plunged nearly 66.7% intraday. It now trades around $0.013, with a market cap of $164 million.
2. Ethereum Ecosystem
PEOPLE (ConstitutionDAO)
Contract Address: 0x7a58c0be72be218b41c608b7fe7c5bb630736c71
Trading Platforms: XT.COM, Binance, OKX, Bybit, Gate, HTX, KuCoin, MEXC, Bitget, Bitmart, BingX, LBank, Uniswap (DEX)
MAGA (Trump)
Contract Address: 0x576e2BeD8F7b46D34016198911Cdf9886f78bea7
Trading Platforms: XT.COM, MEXC, Bitmart, BingX, Uniswap
MAGA (MAGA Hat)
Contract Address: 0xd29da236dd4aac627346e1bba06a619e8c22d7c5
Trading Platforms: XT.COM, Gate, MEXC, HTX, Bitmart, LBank, CoinW, Uniswap
STRUMP (Super Trump): A superhero-comic version of Trump, aiming to leverage the upcoming U.S. presidential election, has become one of the top presidential concept Meme coins.
Contract Address: 0x7039cd6d7966672f194e8139074c3d5c4e6dcf65
Trading Platforms: XT.COM, MEXC, Bitmart, LBank, BingX, Uniswap
MAGANOMICS (Maganomics): Launched in June this year, this MAGA (Make America Great Again)-themed Trump concept token saw continuous market cap growth after being handed over to the community within a week of launch, now exceeding $23 million. With the start of presidential debates and rising Trump support, it has strong potential to become the next breakout Meme coin.
Contract Address: 0x7E744BBB1a49A44dfCC795014a4BA618E418FbBE
Trading Platforms: Uniswap
FREE (FreeRossDAO): Created by FreeRossDAO to support Silk Road founder Ross Ulbricht, raise funds to purchase his Genesis Collection, and protest injustices in the U.S. prison system. FreeRossDAO successfully acquired Ross’s Genesis NFT and fractionalized it. Token holders gain partial ownership via FREE. Over its 2.5 years, FREE has frequently surged due to relevant news—for example, in late May, Trump expressed support for crypto and pledged to pardon Ross if elected, triggering a sharp rise in FREE. Recently, its price has experienced extreme volatility amid various election headlines. A similar concept is the JUSTICE token, advocating for Julian Assange, founder of WikiLeaks.
Contract Address: 0x4cd0c43b0d53bc318cc5342b77eb6f124e47f526
Trading Platforms: MEXC, Uniswap
BOBBY (Kennedy Memecoin): A Meme coin based on former President John F. Kennedy, promoting Web3-friendly policies. Currently small in market cap, under $3 million.
Contract Address: 0xa462bdE22D98335E18A21555b6752dB93a937cFf
Trading Platforms: Bitmart, Uniswap
BIDEN (Joe Biden): An ETH-based presidential concept token supporting Biden, contrasting with MAGA-themed Trump tokens. Market cap has reached $8 million. Initially listed on XT exchange.
Contract Address: 0xc548e90589b166E1364DE744E6d35d8748996FE8
Trading Platforms: XT.COM, Uniswap
MVP (MAGA VP): A Trump-themed presidential Meme coin rewarding top holders of MAGA TRUMP. Current market cap around $12.3 million.
Contract Address: 0x766d2fcECe1E3eeF32aae8711ab886eE95fd5B2A
Trading Platforms: XT.COM, Bitmart, LBank, Uniswap
3. Solana Ecosystem
The Solana network has maintained a sustained wave of Meme coins, with thousands launched daily. These derive value primarily from humorous events, graphics, animals, and celebrity associations. New platforms like pump.fun allow instant liquidity creation on Raydium once funding goals are met. DEXScreener recently added Moonshot launch functionality, operating similarly to Pump. Despite high volatility, Solana’s low fees and strong liquidity make Meme coins more accessible and tradable, creating ideal conditions for their proliferation. Below are several previously viral election-themed Meme coins on Solana:
TREMP (Doland Tremp)
Contract Address: FU1q8vJpZNUrmqsciSjp8bAKKidGsLmouB8CBdf8TKQv
Trading Platforms: XT.COM, MEXC, HTX, LBank, CoinW; available on DEXs including Jupiter, Raydium, Orca
BODEN (Jeo Boden)
Contract Address: 3psH1Mj1f7yUfaD5gh6Zj7epE8hhrMkMETgv5TshQA4o
Trading Platforms: XT.COM, BingX, Kraken; available on Backpack, Raydium, Orca
TOOKER (tooker kurlson)
Contract Address: 9EYScpiysGnEimnQPzazr7Jn9GVfxFYzgTEj85hV9L6U
Trading Platforms: XT.COM; available on Raydium, Orca
TMANIA (Trump Mania)
Contract Address: HuPspkki5Qdnf5WAU7jtEThkeMhni6XQ23tunZRkZWUi
Trading Platforms: CoinW, Raydium, Jupiter
TRUMP (MoonTrump)
Contract Address: BqhNdGtS1Nqtzi2MvZ7G8NN1vRuHZ12UpHGJKe71e1JT
Trading Platforms: Raydium, Jupiter
OBEMA (Obema)
Contract Address: CzkM8bzWFdXsjtZQnz2piTxJKPtJ5mfTL8S6sNZg7n7S
Trading Platforms: Raydium, Jupiter
DJT (TrumpCoin)
Contract Address: HRw8mqK8N3ASKFKJGMJpy4FodwR3GKvCFKPDQNqUNuEP
Trading Platforms: XT.COM, MEXC, LBank, Bitmart, BingX; available on Raydium, Jupiter, Orca
KAMA (Kamala Horris): A token based on Vice President Kamala Harris, currently valued at $1.7 million.
Contract Address: HnKkzR1YtFbUUxM6g3iVRS2RY68KHhGV7bNdfF1GCsJB
Trading Platforms: Raydium (DEX)
4. Base Ecosystem
Base-based election-themed Meme coins have yet to achieve breakout status. Most remain small in market cap and are not listed on centralized exchanges, only tradable via Uniswap.
GTRUMP (Giga Trump): A Trump-themed token created a month ago, quickly rose to the top of Dexscreener’s trending list, maintaining a market cap of $2.2 million.
Contract Address: 0x2D570B062872Ee7f459E8283c14be977289396bF
BAGS (TrumpsBags): 5% of every BAGS transaction in USDC is automatically sent to Trump’s wallet, supporting his crypto community.
Contract Address: 0x5589d7eD64A96EF2c60F9a218204425f83396ae8
TRUMP (MAGA): The Base chain version of MAGA, currently valued at $8.2 million.
Contract Address: 0x2e1d332893Dc16124194E598a29866D2d5e8786b
USA (BASED USA): Currently valued at $4.2 million.
Contract Address: 0xb56d0839998Fd79EFCD15c27cF966250AA58D6D3
5. Polygon Ecosystem
Within the Polygon ecosystem exists Polymarket, a highly engaged prediction market platform allowing users to trade forecasts on various hot topics and future events. Users build portfolios based on personal judgment; correct predictions yield profits. Polymarket prices reflect collective trader assessments of event probabilities, providing users with real-time, unbiased data that can directly influence Meme coin prices. On Polymarket, politics is a dedicated category—the Biden vs. Trump election race being the hottest topic. Platform: https://polymarket.com/markets?_c=politics
Trump’s NFT Series: Since late 2022, Trump has released multiple series of Trump Digital Trading Cards, generating millions in sales.
Season 1: 45,000 NFTs launched on Polygon blockchain in December 2022, priced at $99 each. Sold out within 12 hours.
April 19, 2023: Trump announced Season 2 of Trump Digital Trading Cards on Truth Social. Also minted on Polygon, $99 each, 47,000 issued (46,000 available). Again sparked widespread market interest and investment frenzy.
December 13, 2023: Trump launched a third NFT series, Mugshot Edition, issuing 100,000 NFTs (99,000 for sale), also priced at $99. Buyers of 47 NFTs earned dinner with Trump and a suit he wore during his August arrest. On May 13 this year, Trump hosted a dinner for select NFT holders as promised.
6. Risks Associated with Political Tokens
While PolitiFi Meme coins may offer appeal—such as quick profit potential—they come with significant risks:
Political Sensitivity and Volatility:
Political concept tokens are closely tied to specific figures, events, or issues. Given the fast-changing political landscape, these tokens are vulnerable to dramatic swings driven by public opinion, policy shifts, and media sentiment. Their value relies heavily on community engagement, often lacking sound tokenomics. Most Meme coins circulate fully, have small market caps, lack listings on major exchanges, and suffer poor liquidity—making timely trades difficult. Negative press or social media controversies can trigger rapid price declines.
Rug Pull Risk:
One hallmark of Meme coins is low entry barriers—for both creators and traders. Anyone can create a token and control its supply and smart contract. With minimal regulation and frequent social media account takeovers, unscrupulous developers can manipulate liquidity pools.
Many political concept tokens lack sustainable economic models or intrinsic value, becoming pure speculation tools. Project teams may exploit fan loyalty and FOMO to attract investors, then dump holdings—crashing prices and causing heavy losses.
A rug pull occurs when token creators add their tokens to a liquidity pool alongside ETH, SOL, or USDT, then withdraw all funds after investors buy in—rendering the token untradeable and worthless. Even with liquidity locks, this can still happen, especially if contracts contain vulnerabilities, enabling blacklists or unlimited minting.
Compliance Risks and Legal Disputes:
Many political concept tokens may infringe intellectual property rights or misuse political figures’ likenesses, exposing them to lawsuits and uncertainty. Some may violate regulatory rules, facing delisting or trading suspension.
7. Conclusion
Different crypto assets exhibit distinct characteristics and investment logics. Meme coins thrive on emotion and FOMO, aligning well with Trump’s political style and persona; VC-backed tokens better reflect Biden’s temperament. Investors should carefully choose assets based on market conditions and cycles, remembering to only “date” altcoins—not “marry” them. In the current environment, Meme coins may suit short-term, tactical trading.
The first presidential debate marks one of the final showdowns between the two candidates. Beyond capturing national attention, it will directly impact election outcomes. Investors should closely monitor each candidate’s stance on crypto during the debate. Every statement could spark new Meme narratives, and the debate’s outcome may serve as a key directional signal for investments. Timing matters—investors must act strategically to seize market opportunities.
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