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Meme coins related to political figures, such as a Donald Trump-themed memecoin and a Joe Biden-based token, have experienced significant surges in value. The Trump coin has seen a 700% increase in the last month, reaching a market cap of nearly $500 million, while the Biden token rose by 830% in a six-hour period. The meme coin market reacted positively after Super Tuesday in the U.S., with both Trump and Biden named as presidential candidates. These coins are gaining attention as potential prediction markets for the upcoming election.
obviously BODEN is outperforming all other political coins today but realistically i dont think a bad meme on solana is going to end up being the biden election proxy if $TRUMP on eth continues to be relevant - which i think it will - then $BIDEN token on eth will get attention https://t.co/0symQPs8IQ
Solana's #BODEN Token, Nodding to Joe Biden, Sees Major Uptick After #TRUMP Coin Rally https://t.co/GlFLNlsTwV
$maga and $boden r nothing more than meme coins today but as we approach the election both will become actual prediction markets, ie, if trump loses maga dumps, and vice versa most entertaining outcome is most likely