The election season is heating up in the United States, with the 60th quadrennial US Presidential election scheduled to take place on November 5th, 2024.
This rematch between the Democrat Joe Biden and the Republican nominee Donald Trump has far-reaching implications for the cryptocurrency market.
Unsurprisingly, several politically-themed meme coins – better known as PolitiFi coins – have cropped up to great success. Experts believe that these coins could see tremendous success over the coming months, outperforming most other asset classes during that period.
Which PolitiFi Meme Coins Could Explode Next?
Expect these PolitiFi meme coins to act as a barometer of US politics, displaying volatile price action as the election drama unfolds.
For instance, popular crypto analyst Unipcs (@theunipcs) highlights that the first US presidential debate between Biden and Trump is scheduled for June 27th. He believes that crypto will be one of the key topics in the debate, with both candidates – especially Trump – likely doubling down on crypto-related promises.
Consequently, he projects significant growth in PolitiFi coins in the lead-up to the debate. Furthermore, he expects there to be several billion-dollar meme coins before the upcoming election.
first major presidential debate between trump and biden happens on june 27
both candidates will double down on crypto related promises leading to the event
crypto likely one of the highlights
i expect several billion dollar political memecoins before the election in November https://t.co/ZTXaqJU9uD pic.twitter.com/0El3jjStJi
— Unipcs (aka ‘Bonk Guy’) 🎒 (@theunipcs) May 30, 2024
Tokens such as TrumpCoin ($DJT) and Super Trump (STRUMP) have already exploded. While the former is up by 26% today, the latter has surged close to 200% over the past month. However, the rug pull concerns associated with both the tokens – especially DJT – have resulted in investors looking elsewhere to tap into a potential election-related meme coin pump.
In this article, we cover the 3 best PolitiFi meme coins that could pump in the months to come.
Sealana ($SEAL)
The new Solana meme coin – Sealana ($SEAL) – is our top pick for the meme coins that could pump the most in the election season.
Sealana’s launch could not have come at a more opportune time. While the exact launch date is yet to be revealed, Sealana’s presale is ending on June 25th and the IEO is expected to occur just a couple of days later.
An anti-establishment, pro-Trump meme coin launching right around the first Presidential debate would very likely catch the attention of smart money traders and crypto whales. As such, $SEAL has been in high demand since the inception of its presale, having already raised over $5 million in a few short weeks.
The project’s comical mascot – a chubby and patriotic seal – always has been upfront about his political inclinations. In one X post, he is calling to build a wall at the US-Mexico border and on another occasion, he is out with his companions to “clean the swamp.”
#Sealana ain’t slowing down anytime soon! 🔥With his companions he’s out here finishing what @realDonaldTrump started! 🦭💪
Send $SOL to clean out the swamp 🏞️ and make #Memecoins great again. 🚀💰
Once the swamp’s clear, it’s Lambos 🚗, Massive Gains 📈and Freedom all the way!!!… pic.twitter.com/vFMEaRZWKW— Sealana (@Sealana_Token) May 27, 2024
Sealana’s theatrics are not limited to politics either and include sneaking into Area 51, going on Joe Rogan’s podcast and getting into a bar fight with Connor McGregor.
Crypto whales have recognized the upside potential of meme coins that can make them laugh. A few experts have already claimed that Sealana could potentially offer up to 100x gains after its launch.
MAGA (TRUMP)
The MAGA meme coin is the most popular pro-Trump token on the market.
According to CoinGecko, $TRUMP has a market capitalization of over $370 million, despite significant sell-offs over the past week during the broader market crash.
At its peak, the meme coin had a valuation of $775 million and could be the first billion-dollar PolitiFi token.
As per the latest report from Forbes, Donald Trump remains the front-runner in the upcoming elections, outperforming Biden in every key swing state. He is also expected to fare better than his Democratic opponent in the upcoming CNN debate.
As a result, the MAGA token could deliver outsized returns over the coming weeks. Considering that the meme coin is still 50% below its previous all-time high, investors have an excellent opportunity to buy the dip.
Jeo Boden (BODEN)
As the name suggests, BODEN is a meme coin supporting President Joe Biden, while also making light-hearted satire on his old age.
The meme coin currently has a market capitalization of just $76 million, making it an excellent micro-cap crypto to invest in. Furthermore, it is 80% below its previous all-time high, presenting a valuable opportunity to buy the dip.
BODEN is up close to 30% today and appears poised to maintain its bullish trajectory over the coming months.
BODEN’s bullish strength could likely be a result of the latest The Economist/YouGov poll that has President Biden tying Donald Trump in the general election. Indeed, experts believe that Biden cannot be underestimated and could take the lead in the coming weeks.
In such a scenario, BODEN could be the PolitiFi token that explodes in the coming weeks.