- The Donald Trump-inspired TRUMP token has soared over 242.9% in a single month and 17.9% in a single week.
- Borden, influenced by Joe Biden, hit a one-day excessive of 289.38% forward of the US presidential election.
- TRUMP and BODEN are thought-about prediction markets which are influenced by election outcomes.
With the 2024 US presidential election anticipated to pit Donald Trump and Joe Biden as their foremost rivals, meme cash representing them are inflicting ripples within the cryptocurrency market. Over the previous month, Donald Trump's TRUMP token has achieved important positive aspects regardless of latest weak point. Memecoin, at the moment buying and selling at $7.59, is up 242.9% on a month-to-month foundation and 17.9% on a weekly foundation. TRUMP recorded a 21.4% decline in 24 hours, however previously hour, the token has seen a modest enhance of three%.
The rise of TRUMP led the best way to new meme cash like Joe Boden (BODEN). Solana-based BODEN is at the moment within the lead at $0.05671, up a formidable 289.38% in 24 hours.
In a latest submit, a person referred to as “qw” on X commented on the position of those meme cash as a “prediction market.” He argued that if Trump wins, TRUMP will skyrocket and BODEN will fall. Equally, if Biden wins, Trump will fade and Borden will pump.
Trump and Borden's rally follows the resurgence of meme cash like PEPE and SHIB. Whereas SHIB confirmed over 100% progress final week, PEPE elevated over his 400%.
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