Understanding the Politics of Crypto Fashion: Which Election Meme Coins Are Worth Watching?
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Understanding the Politics of Crypto Fashion: Which Election Meme Coins Are Worth Watching?
In Crypto, all politics are a fashion.
Navigating Web3 tides with focused insightsBy TechFlow
For most people, how will the U.S. election affect you?
Upon reflection, the answer is: it won't.
Politics across the ocean genuinely has no substantial impact on most people's lives. But if it doesn’t matter, why pay attention at all?
Watching every crypto media outlet rush to report who’s running or dropping out, chasing hot political headlines—ultimately, it all boils down to one phrase:
No profit, no motivation.
Crypto, in many ways, emerged as a progressive product of cypherpunks resisting centralized politics—but today, it must chase political trends for speculation and狂欢 (crazes).
Some may argue that crypto is tied to macroeconomic factors like liquidity and geopolitical struggles, so monitoring shifts in the election is necessary.
That does make sense.
But often, things aren't nearly that complicated.
For crypto trend-chasers, the reason to follow the U.S. election is as simple as the image below:
In Crypto, all politics is fashion. Follow the trend, and look for a chance to feast.
Politics on the other side of the world means nothing to most retail investors in terms of national welfare or livelihood—but everything in terms of entertainment, emotion, and escapism.
If you treat it as a show, then you've got the right mindset—there’s the old man nearly eighty, dodging bullets and shouting “fight,” the other aging candidate with questionable mental fitness, the vice-presidential pick rising from poverty, and diverse female candidates...
Let’s clarify the core narrative:
Where there’s a show, there are topics; where there are topics, there’s drama; where there’s drama, there are cultural symbols; and where there are cultural symbols, there are memes.
In the crypto context, politics is entertainment, and outcomes are just for fun.
So ultimately, most attention comes down to this: which meme best captures the essence of the election? That’s the one I’ll pick.
So, what election-related memes are worth considering?
$TRUMP: The namesake, Bitcoin conference catalyst
CA:
0x576e2BeD8F7b46D34016198911Cdf9886f78bea7
MC: 300M
X: @MAGAMemecoin
The name needs little explanation. Trump, ever the headline magnet, remains the leading totem among election-related memes.
Check its X profile, and you'll see the banner updated to that historic moment captured by a Sony camera, with the bio now linking to a donation page supporting American children’s charities using ETH proceeds from the project.
Love & Peace—the Chosen One truly understands.
A potential near-term catalyst: Trump is scheduled to attend the Bitcoin 2024 conference in Nashville on the 24th local time. Industry insiders speculate he might announce intentions to include BTC in the national strategic reserve.
If that happens, related memes will likely surge. But per the "sell the news" principle, the moment the announcement drops could be the time to exit.
$MAGA: The red hat, the big slogan
CA:
0xD29DA236dd4AAc627346e1bBa06A619E8c22d7C5
MC: 60 million
X: @MagaHAT_ETH
For any villagers newly online: this token’s acronym stands for “Make America Great Again,” originating from Trump’s iconic red campaign hat.
A founder’s cat, Musk’s dog, Trump’s hat—these are the go-to symbolic icons in crypto memes.
With Trump’s rising approval and Biden’s withdrawal, the red hat might stay on till the end. But whether $MAGA can keep climbing remains uncertain.
Notably, the $TRUMP token’s social account also carries the MAGA tag. While both may rise together amid developments, their gains will likely diverge.
$FIGHT: The most straightforward slogan
CA:
0x8802269D1283cdB2a5a329649E5cB4CdcEE91ab6
MC: 19 million
X: @Fight2Maga
No need for elaboration here—this slogan stems directly from Trump’s three-word chant after narrowly surviving an assassination attempt.
Compared to the previous two Trump-linked memes, $FIGHT has a smaller market cap and has dropped about 40% in the past 24 hours.
Its strength lies in its simplicity—and its weakness too. Price movements may hinge entirely on whether Trump repeats the “Fight” chant in future appearances.
$BODEN: Contrarian play—can losers still win?
CA:
3psH1Mj1f7yUfaD5gh6Zj7epE8hhrMkMETgv5TshQA4o
MC: 12 million
X: @boden4pres
A namesake meme pegged to Biden. With his withdrawal from the race, many assume this token is dead.
But crypto speculation thrives on going against human instinct. Opportunities may emerge precisely when consensus fades. At press time, $BODEN suddenly surged 173% in 24 hours.
Contrarian thinking matters. Biden stepping down doesn’t mean retirement. If his statements spark viral moments or get widely interpreted, $BODEN could still ride the wave—even with the main pool diminished.
$VANCE: The VP pick from humble roots
CA:
0x9b465aaB9e8F325418F222C37de474b1bD38ded2
MC: 1 million
X: @VanceTokenETH
We previously detailed Vance’s pro-crypto stance and working-class background in “J.D. Vance’s Rise as VP Pick: A Tale of Poverty and Right-Wing Bitcoin Culture”. These public narratives provide ample room for memes to hype themes of equality and crypto-friendliness.
However, note that this meme currently has an extremely small market cap, significantly amplifying volatility risks and potential manipulation such as insider dumping.
$KAMA: Biden’s younger successor, female leadership, and diverse identity
CA:
HnKkzR1YtFbUUxM6g3iVRS2RY68KHhGV7bNdfF1GCsJB
MC: 23 million
X: https://x.com/kamalahorriss
After Biden’s withdrawal, the Democratic Party’s clear alternative is current Vice President Kamala Harris.
Compared to Biden, Harris is younger (59), a woman, former California Attorney General, U.S. Senator, and a 2020 presidential candidate.
Interestingly, during the 2020 race, Harris criticized Biden—but later became his ally and running mate.
Moreover, Harris is both African American and Indian American—her diverse identity strengthens her appeal among women and minority voters.
In the crypto meme space, this aligns well with values of diversity and equality. At press time, $KAMA is still rising, up around 18% in 24 hours.
Following the principle of chasing new over old, and boosted by being the next potential narrative focus post-Biden, $KAMA remains a viable option beyond the Trump-aligned memes.
Finally, elections and politics are merely curtains in the world of crypto speculation.
And what moves the curtain is the wind of fashion and trends.
To master crypto’s political fashion game, you must feel the pulse of what’s trending.
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