Don't let the U.S. election slip away from you, here are 5 meme coins worth paying attention to

The concept of the U.S. election Meme is forming a hurricane in the crypto circle.

On May 13, Trump invited some of his NFT holders to a dinner, and the video went viral in the crypto community. In the video, Trump expressed his acceptance of the development of cryptocurrency and criticized Biden and the Democrats for their longstanding hostility towards it.

For the past two weeks, the community first excitedly watched the spectacle, then argued over voting for Trump, and finally discussed the topic of "cryptocurrency and politics." Trump's pro-crypto actions brought a lot of "emotional value" to the community. "If you support cryptocurrency, you'd better vote for Trump." This has become one of the campaign strategies of Trump's team.

This has also reignited the popularity of Trump's Crypto Meme track. In recent days, the Trump-themed Meme coin TRUMP, which had been stagnant for two months, saw a significant increase, with a peak rise of 140%. Clearly, over the past six months, as people in the crypto circle continue to pay attention to and speculate on the concept of the U.S. election, there may be more opportunities to make money. So, what important time nodes and key targets should we keep an eye on?

Key Time Nodes

Now, U.S. President Joe Biden and Donald Trump have defeated their respective opponents and are almost certain to become the final candidates for the U.S. presidential election in November. This result marks the official start of the 2024 campaign, as the two will face off again following the 2020 presidential election.

Most polls indicate that the competition between Biden and Trump will be very fierce before the showdown on November 5. With six months to go, many dramatic events are sure to occur during this time.

June 27: First Debate

Presidential debates are very important in U.S. elections, as they can significantly change the course and process of the election. Debates are not only platforms to showcase policy views but also battlegrounds for candidates to belittle and smear each other. Historically, debates have often become turning points in elections.

This year, Biden and Trump have agreed to hold debates in June and September, and both sides have been attacking each other on social media regarding the prospects of the showdown, indicating a confrontation filled with tension.

September 10: Second Debate

After accepting the debate invitation on June 27, Trump and Biden announced that they would hold the second presidential debate on September 10.

Traditionally, presidential elections usually feature three debates, but this time there will only be two, making the second debate even more significant. The first debate will be hosted by CNN, while the second debate will be hosted by ABC.

This debate in September may be the last formal confrontation between the two this year and is expected to attract national attention once again. Through these debates, voters can gain deeper insights into the candidates' policies and views, as well as observe their adaptability and demeanor in heated exchanges, such as the candidates' changing attitudes towards cryptocurrency.

The process of the second debate will also have a profound impact on the election outcome, making it a key node that investors in Meme coins cannot overlook.

November 5: Election Day

The 2024 U.S. presidential election will be held on November 5 (Tuesday), marking the 60th presidential election in U.S. history. Additionally, congressional elections will take place, including the reelection of all 435 House seats and 33 Senate seats, to form the 119th U.S. Congress.

On this important day, voters will cast their ballots to elect members of the Electoral College, who will then vote to determine the new President and Vice President of the United States. Therefore, in addition to speculating on the Meme related to the U.S. presidency, you can also speculate on other people's Meme coins.

January 20, 2025: Inauguration

The new president will be inaugurated on January 20, 2025. This day signifies the official start of the new president's term and symbolizes the peaceful transition of power. The inauguration ceremony is typically held on the west front of the U.S. Capitol, where the new president takes the oath of office under the supervision of the Chief Justice of the Supreme Court.

The inauguration is not just a solemn ceremony; it is also an opportunity for the new president to deliver their first speech to the nation and the world. In this speech, the president usually outlines the policy direction and governing philosophy for the next four years.

Thus, the market reactions before and after the inauguration ceremony are also worth paying attention to for the Meme coin market. The new president's policy direction, economic plans, and foreign strategies could have a significant impact on the market, and if the new president makes some widely quoted statements, new Memes may emerge.

What tokens will be influenced by the U.S. election process and results?

1. Trump Token MAGA ($TRUMP)

Recently, Trump expressed support for the development of cryptocurrency in a video from a conference and called on people to vote for him. This video went viral in the cryptocurrency community, and Trump's supporters were very excited, bringing new hope for the future of cryptocurrency.

Trump's comments not only shook the cryptocurrency market but also directly caused the price of the Trump-themed Meme coin ($TRUMP) to soar. Due to the poor liquidity and depth of NFTs, the price of the token may closely follow changes in hot events, making it more suitable for speculation.

MAGA (Make America Great Again) is Trump's classic campaign slogan, and the MAGA movement is a political movement centered on American nationalism that emerged during Trump's 2016 presidential campaign.

Currently, $TRUMP is one of the strongest Meme coins related to the U.S. election concept.

2. Biden Token Jeo Boden ($Boden)

Since its launch in March, $Boden has become one of the most talked-about Meme coins. It is a token based on the Solana blockchain, with significant price increases and a unique cultural phenomenon that has attracted figures like Ryan Selkis, founder of zkSync, Phantom, and Messari.

These Meme coins are not just derivatives of political figures; they also involve entertainment, culture, business, and religion. They often create unique cultural phenomena through puns and variations of English words, similar to the "Shamate" trend from 15 years ago. Their artistic expression often features exaggerated visual effects, such as neck-stretching and head-tilting, filled with quirky and humorous elements.

According to dexscreener, the market cap of $Boden is $268.8M. As one of the two major candidates in the U.S. presidential election, $Boden is sure to experience a surge in speculation during the election period.

3. DAO Governance $PEOPLE

Since May, the price of $PEOPLE has been rising, mainly due to its association with the U.S. election concept. This token represents the idea of decentralized autonomy and achieved the goal of "co-ownership" by crowdfunding to purchase the last publicly auctioned copy of the U.S. Constitution at Sotheby's, symbolizing human rights and the spirit of decentralization.

The core of $PEOPLE has a distinct leftist color, attracting like-minded investors. It is precisely because of this ideology that $PEOPLE has gained an advantage in the market.

4. Populist American Coin ($USA)

American Coin is a token with Meme attributes, and its promotional copy closely resembles the U.S. Declaration of Independence, giving $USA more cultural and political significance.

"Today is Monday, November 4. A box of eggs costs $20. The average house price starts at $1 million. The baby boomer generation has stolen your future, and you live in a cockroach-infested place, listening to politicians say that as long as there is Boden, you can be happy. This is not the future Americans want to see. That’s why $USA is here. $USA exists to fight against such a future. $USA is not a political token. It is a call, a cultural renaissance. $USA represents you, those who want to reshape the beauty of America through the power of cryptocurrency."

This statement not only gives $USA cultural and political depth but also attracts investors who have a strong identification with American culture and history. $USA is not just an investment target; it is a symbol of cultural revival.

5. Century Meme Coin $PEPE

What does PEPE represent in the crypto circle? Many might be puzzled, but its user base and obsession will leave you stunned. The spread of the pepe meme model can easily become a tool to connect with young voters, just like Trump once tweeted an illustration depicting himself as Pepe the Frog standing at a podium with the presidential seal behind him. A president can use PEPE to attract new-age netizens, let alone the intensity of the election. Trump can use it, Biden can use it, and anyone can use pepe for self-mockery and to attack opponents; the market for pepe is vast!