The Trump-themed Meme coin TRUMP has surged nearly 75% in the past two weeks, and some early traders have seen unrealized profits in excess of 1,600%

On May 22, according to Nansen analysis, the PoliFi token sector is at the forefront of the convergence of politics, finance and crypto. Trump-themed tokens have surged in the past few weeks, creating a new crop of millionaires.

Although the issuance of TRUMP tokens is not directly related to former US President Donald Trump, traders view the tokens as speculative bets on his ongoing presidential campaign.

According to data from CoinGecko, the meme coin token MAGA (TRUMP) is up nearly 75% in the past two weeks. On Tuesday, Trump's team announced that it would begin accepting crypto donations (including Bitcoin, Ethereum, Dogecoin, and SHIB), causing the token price to increase by 14%.

During this process, some addresses holding MAGA (TRUMP) had unrealized profits exceeding 1,600%. One where the addresses hold tokens worth more than $5.5 million.