These Memecoins Made a Difference in the Market
The market, also known as Political Finance (PolitiFi) in the cryptocurrency world, outperformed other markets on a daily and weekly basis.
According to CoinGecko data, the Political Finance category includes memecoins inspired by political figures or movements.
Approximately 82% of the PolitiFi category, which has a total market value of $1.45 billion, is made up of the top three largest memecoins in this category.
The three largest memecoins include MAGA (TRUMP), ConstitutionDAO (PEOPLE), and Jeo Boden (BODEN). According to CoinGecko, TRUMP has gained 37.4% and PEOPLE has gained 19% in the last seven days. BODEN price decreased during this period.
The total value of the cryptocurrency market is down about 1% compared to a week ago. PolitiFi memecoins, on the other hand, recorded 88% growth during the same period.