PolitiFi memecoins outperform wider crypto market as BODEN and TRUMP lead the way | Headlines | News | CoinMarketCap

05/29/2024 23:49
PolitiFi memecoins outperform wider crypto market as BODEN and TRUMP lead the way | Headlines | News | CoinMarketCap

The Political Finance (PolitiFi) memecoin market cap has increased by over 14% in the past 24 hours — outperforming the rest of the cryptocurrency …

The Political Finance (PolitiFi) memecoin market cap has increased by over 14% in the past 24 hours — outperforming the rest of the cryptocurrency market.

According to CoinGecko, PolitiFi is a memecoin category featuring tokens named after political figures, although these tokens have no official affiliation with any of them.

The top three memecoins by market capitalization in CoinGecko's PolitiFi category account for approximately 82% of the category's total market capitalization of $1.58 billion. Of the top three PolitiFi memecoins, Jeo Boden (ticker: BODEN) has posted the most gains in the past 24 hours. The token is trading up over 18% during that time frame.

ConstitutionDAO price surges in past week

The other two tokens in the top three by market cap are MAGA (ticker: TRUMP), up …

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