How will the PoliFi token perform as the Trump-themed meme coin experiences significant Fluctuation due to news and election factors?

Author: Weilin, PANews

After the “assassination attempt” incident against Trump, the Cryptocurrency market’s Trump-themed virtual assets have experienced significant fluctuations, mainly revolving around Trump-themed Tokens and Non-fungible Tokens. After the shooting incident, MAGA (TRUMP) pumped more than 40% within half an hour, while MAGA (MAGA) pumped more than 35%. As of July 15th, the prices of the two main Tokens have fallen slightly, but a new batch of Tokens have emerged, such as FJB (FJB), which pumped 56.26% in a single day.

As part of the meme coin, the price of PolifiToken fluctuates more noticeably with the election situation in the United States and some news events related to candidates such as Trump. Industry insiders also have their own opinions on whether these tokens will replace more common meme coins as the mainstream meme coin.

TRUMP, MAGA surged, with 9 out of the top 10 PoliFi tokens being Trump-themed

As of 5:00 PM on July 15th, the PoliFi Top10Token sorted by Market Cap on CoinMarketCap includes MAGA (TRUMP), MAGA (MAGA), Super Trump Coin (STRUMP), MAGA VP (MVP), Baby Trump (BSC) (BABY TRUMP), BABY TRUMP (BABY TRUMP), Make America Based Again (MABA), TrumpCoin (DJT), Doland Tremp (TREMP), Jeo Boden (BODEN).

MAGA (TRUMP) rose by 39.42% in the past 7 days, and fell by 16.94% within the day; MAGA (MAGA) rose by 10.23% in the past 7 days, and fell by 16.98% within the day.

Ranked by intraday gains, FJB (FJB) pumps 56.26%, MAGA Trump (MAGATRUMP) pumps 44.55%, MAGA (TRUMP2024) pumps 32.48%, ULTRA MAGA (ULTRA) pumps 25.4%, in the PoliFiToken zone, Trump-themed tokens occupy almost the entire zone.

In addition, the newly deployed Trump-themed TokenEAR and FIGHT have also experienced a significant pump after the attack. As of 5 p.m. on July 15th, according to dexscreener data, FIGHT’s FDV (Fully Diluted Market Cap) reached $15.3 million, with a 6-hour increase of 32.51% for EAR, but a 70.55% decrease in 24 hours, and currently FDV is $4.8 million.

At the same time, Trump’s Non-fungible Token ‘Trump Digital Trading Card’ first series Floor Price experienced a new high of 933 MATIC (about 502 US dollars), now reported at 422.15 US dollars, pumping 121.59% in 7 days, and dropping by 12.24% within the day. The second series Floor Price of ‘Trump Digital Trading Card’ is priced at 65.5 US dollars, pumping 16.93% in 7 days, and pumping 2.1% within the day.

Trump-themed Token fluctuates significantly with market news and election developments

PoliFi’s memeToken combines politics, finance, and community, so whenever major events involving Trump or other politicians occur, the prices of these tokens will reflect that. Andrew Kang, co-founder of Mechanism Capital, said on X that investing in meme coins is based on the attention economy, with Trump being a regular presence in the news cycle due to his impact on the United States. The bet is that he will continue to be present in the media, not just in his potential election victory.

Therefore, these types of Tokens are greatly influenced by news and election progress, and investors need to closely follow the relevant agendas reported by the media. For example, during the first live televised debate between Biden and Trump on June 27th local time, meme coins inspired by the two candidates experienced significant market price fluctuations. Super Trump Coin (STRUMP), MAGA (TRUMP), MAGA (MAGA), Doland Tremp (TREMP), and misspelled Jeo Boden (BODEN) all experienced varying degrees of decline.

On June 18, there were rumors that Trump was launching the official Token $DJT on Solana. Subsequently, as the manipulators behind DJT were exposed, DJTToken began to plummet significantly. Dex Screener data shows that DJT’s intraday drop was nearly 66.7%, with a market cap only about one-third of its peak value.

Back to May 31st, the New York jury ruled that Trump was guilty of all 34 charges, including the forgery of business records, becoming the first former U.S. president to be convicted. Subsequently, MAGA (TRUMP) experienced a short-term big dump, followed by a substantial Rebound. FreeTrump (TRUMP) soared by 592.5%. Other related currencies such as MAGA Hat (MAGA), Super Trump (STRUMP), and MAGA VP (MVP) experienced declines ranging from 10% to 25%.

It can be seen from this that the importance of following market news and social media cannot be ignored. In the face of major events, users involved in meme investment should react quickly and verify longer, handle information correctly, and make timely decisions.

What is the future development potential of Polifi tokens and when is the best time to sell?

Regarding the rise potential of the PoliFi token, recently, practitioners and KOLs in the encryption industry have given different opinions. In March of this year, Steven Steele, the marketing director of the MAGA project and host of the YouTube talk show, said, “My real purpose is to make this project comparable to DOGE or SHIB in scale, Market Cap, and popularity.”

“For many investors, it has evolved into a de facto election betting market,” Stiel said. “In the Meme scenario, people want an agitator, someone exciting and unpredictable, seen as a thorough rebel… In the eyes of many, Trump embodies all these qualities.”

Andrew Kang’s views are similar to his. As early as February this year, Mechanism Capital, led by Andrew, has built a position in memeToken and Non-fungible Token with a Trump theme.

“Until the summer, so he will continue to appear in the news cycle. Of course, there is also the election afterwards. This bet is not just whether Trump will win. Polls show he is likely to win, but that’s not the point. The point is that he will continue to appear in major news headlines, and people will continue to talk about Trump. His entire strategy is to provoke and make outrageous and interesting remarks to get people to follow.” Kang said on X.

“Not only are there these elections, but also pending court cases and prosecutions that will serve as catalysts or events to attract more attention long. These include the federal election subversion case, the secret files case of Mar-a-Lago, the Georgia election subversion case, the hush money case in New York, and the civil fraud trial of the Trump Organization, etc. There are now some Trump coins on the market, but in my opinion, only the one with the highest Market Cap will be sustainable and become the focal point of all Trump-related speculation.” he said.

In his view, all memecoins are risky. ‘The main risk here is Trump himself selling all his $TRUMP (currently worth about $1 million) and disowning the coin. This could kill it immediately, or it could go the way of $DOGE/$SHIB, with the former founder selling all his tokens and disowning it, and the latter’s Vitalik also selling tokens. However, both found resilience after these events.’

Andrew said that after the election, if the Token experiences a significant rise, it may result in a “sell the news” effect. “I expect there to be a consolidation period after his election victory, similar to the performance after Dogecoin established a connection with Elon Musk.”

“As the election campaign heats up, these MEME coins may become a measure of the popularity of the candidates. Although their volatility is related to the hype surrounding the tracked political figures, their rise also reflects broader market dynamics,” said Max Jones, CEO and co-founder of MemePad.