search
Homeweb3.0PolitiFi Tokens Surge 782% in 2024, Outperforming Meme Coins

The political-themed meme coins known as “PolitiFi tokens” have surged 782.4% on average in 2024, as reported by CoinGecko.

PolitiFi Tokens Surge 782% in 2024, Outperforming Meme Coins

output: Key Takeaways

Share this article

Meme coins with political themes, known as “PolitiFi tokens,” surged an average of 782.4% in 2024, according to CoinGecko. The category outperformed the broader meme coin category, which saw an average 90.2% increase year-to-date.

The largest PolitiFi token is ConstitutionDAO (PEOPLE), with a market cap of $385.6 million and a price increase of 494.3% since the beginning of the year.

However, MAGA (TRUMP) soared 1,350.9% in 2024, despite having less than half PEOPLE's market cap at $178.9 million.

Another Trump-related token with a significant performance is MAGA Hat (MAGA), which soared 1,292.1% since its launch in May. It's the third-largest PolitiFi token, with a market cap of $35.5 million.

The PolitiFi category's growth is linked to increased interest in US politics within crypto communities. Tokens often react to political events, such as Trump's Iowa caucus victory and legal issues, and Biden's health concerns and campaign developments.

Some key political events that influenced PolitiFi token prices in 2024 include Trump's Iowa caucus win, his hush money payment verdict, Biden's health issues, and campaign developments. These events triggered substantial price movements across several politically-themed tokens.

Despite outperforming meme coins, PolitiFi tokens only comprise 1.5% of the meme coin market, with a total market cap of $680.8 million compared to the broader category's $45.6 billion.

Some PolitiFi tokens apply transaction fees to support aligned political causes. For instance, MAGA (TRUMP) contributes to Donald Trump's Ethereum wallet and related charities.

Crypto and the US elections

Crypto became a central topic in the US presidential elections after former president Donald Trump expressed support for the industry.

Since May, Trump vowed to end the hostility towards the blockchain industry if elected, adding that he’s “very positive” and “open-minded” towards the companies of this sector.

The above is the detailed content of PolitiFi Tokens Surge 782% in 2024, Outperforming Meme Coins. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Tokenized Treasuries Near $6B Milestone, Led by BlackRockTokenized Treasuries Near $6B Milestone, Led by BlackRockApr 19, 2025 am 11:44 AM

The value of blockchain-based U.S. Treasuries is closing in on a new milestone, with total holdings approaching $6 billion.

title: Canary Capital Is Launching a TRX-Tracking ETFtitle: Canary Capital Is Launching a TRX-Tracking ETFApr 19, 2025 am 11:42 AM

Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.

Solana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsSolana Stablecoin Market Cap Hits Record $12.73 Billion as Sui Supply Reaches $800M with $60M InflowsApr 19, 2025 am 11:40 AM

The stablecoin market has surpassed a total capitalization of $233 billion. Within this sector, Solana's stablecoins have reached a new all-time high market capitalization of $12.73 billion

Canary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsCanary Capital Files for Staking TRX ETF, Targeting Launch Before Spot Bitcoin ETFsApr 19, 2025 am 11:38 AM

Canary Capital is looking to get the U.S. Securities and Exchange Commission's sign-off for an exchange-traded fund that would track the Tron token TRX and has a staking component.

MoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsMoonPay CEO Ivan Soto-Wright calls on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoinsApr 19, 2025 am 11:36 AM

In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House of Representatives and Senate to create a federal regulatory framework.

Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Michael Saylor Dissects the Philosophy and Technological Potential of Bitcoin in '21 Truths of Bitcoin'Apr 19, 2025 am 11:34 AM

Saylor's ideas centre on the fixed 21 million coin supply of Bitcoin. He presents this shortage as a revolutionary economic idea rather than only a technical one.

Official Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionOfficial Trump (TRUMP) memecoin unlocked 40 million tokens, worth around $300 millionApr 19, 2025 am 11:32 AM

The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.

TRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionTRUMP (TRUMP) memecoin unlocks 40 million tokens, worth around $300 millionApr 19, 2025 am 11:30 AM

The TRUMP memecoin has gained significant popularity on the Solana network primarily due to its direct affiliation with the U.S. President Donald Trump.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Tools

SecLists

SecLists

SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

WebStorm Mac version

WebStorm Mac version

Useful JavaScript development tools

ZendStudio 13.5.1 Mac

ZendStudio 13.5.1 Mac

Powerful PHP integrated development environment

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.