“Politifi” tokens, according to exchange experts, should be among the primary “beneficiaries” of the Biden-Trump debate. Some examples of these tokens are Maga and Super Trump on the Ethereum network, and Doland Tremp and Jeo Boden on the Solana network.
Depending on how entertaining and productive the debate is, Politifi tokens could fluctuate a lot before, during, and after it. Depending on the outcome of the election, these tokens have turned into assets for speculation. “General policy issues related to this area and the taxation of income from crypto trading could be one of the most intriguing issues,” said Bitfinex analysts.
Just $998 million is the current market cap for political memcoins, down 10.6 percent in the last day. This is a relatively low valuation for the industry.
Experts at Bitfinex have noticed that Donald Trump is attempting to rally the crypto community by presenting himself as a “crypto president.” It was recently reported that the founders of the Gemini exchange gave $2 million in Bitcoin to Donald Trump for his campaign.