Besides being the President of the United States, Donald Trump is also a crypto candidate. During his rally in Nashville, he pledged to open a strategic Bitcoin reserve. The president-elect promised to make America “the crypto capital of the planet and bitcoin superpower of the world.”
‘Trump Memecoin’ are meme coins based on the theme of Donald Trump. They are inspired by the current president’s persona. These include coins like Super Trump (STRUMP), MAGA (TRUMP), Trump on Base (TRUMP), and MAGA(MAGA), among the other meme coins present in the crypto market.
Trump Memcoins have become popular online as many crypto enthusiasts and Trump supporters rush to invest. They are categorized as PolitiFi tokens, which amalgamate political themes with the light-hearted tone of meme coins.
Reports suggest that the Trump-based theme coins steeply declined after Trump’s victory in the 2024 Presidential Elections. The meme coins reportedly fell by 50% within a day. For example, MAGA saw a decline of $212 million to around $79 million.
Meanwhile, popular meme coins like Pepe coin and Dogecoin made historic gains. The former rose by 20%, while Doge rose by more than 10% in the last 24 hours.
Different types of Trump meme coins
There are various kinds of Trump-based memes that are currently present in the market.
Super Trump (STRUMP)
This meme coin showcases Trump as a superhero and aligns with Trump’s political principles. It reflects support among followers, as by trading the coin, one can show their support for Trump’s ideologies.
STRUMP is also used for fundraising events, which means that a portion of money accumulated from STRUMP is allocated to a wallet linked with Trump’s campaign team. It allows one to contribute financially to Trump’s political efforts. The market cap ranges from about $4.46 million to $11.76 million.
MAGA (TRUMP)
MAGA (TRUMP) has a strong correlation with Donald Trump's media presence. Inspired by Trump’s political slogan, "Make America Great Again," this coin has seen a surge in demand, especially during political rallies, campaigns, and legal proceedings. It was launched in August 2023. Its market cap varies from $78.84 million to $158.49 million.
MAGA (MAGA)
This is another coin that takes its inspiration from Trump’s campaign, Make America Great Again. Although its market cap is smaller than MAGA (Trump), it remains popular among investors. Its market cap is around $157.96 million.
Trump on Base (TRUMP)
Trending
This meme coin is designed for a base blockchain that offers quick and convenient transactions within the Base DeFi ecosystem. Its market cap is $175.80 million, making it one of the most prominent meme coins associated with political themes. Its price history has indicated significant volatility. Due to these features, Trump on Base serves as both a collectible and a speculative investment.
If you plan to buy Trump meme coins, you can switch to platforms like Uniswap, Trust Wallet, MEXC, Binance, and Pancake Swap.
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