Watch out for these memecoins: There may be movement in the short term.

With the US presidential election one day away, movement has begun in the memecoin market.

The US presidential election, which will take place on November 5, continues to affect the cryptocurrency market. Donald Trump's lead on the decentralized prediction platform Polymarket had carried Bitcoin to $72,500. However, Kama Harris' closing the gap later brought a sharp decline in BTC. Sharper declines were observed, especially in altcoins.

1- MAGA (TRUMP)

MAGA, the leading name of PolitiFi tokens, has become active again one day before the election. MAGA, which increased by 14.59 percent in the last 24 hours, exceeded a market value of $150 million. If Donald Trump is elected president, volatility in the parity will increase. What investors should pay attention to is the idea of ​​"buy the expectation - sell the reality". In short, selling pressure may increase in MAGA after the election is completed.

2- Kamala Horris (KAMA)

Kamala Harris, who is gaining strength again in Polymarket, surprised her investors with the fall of KAMA. KAMA, which lost 16.28 percent in the last 24 hours, fell to a market value of $ 16 million. It seems that selling pressure will increase in the parity if Harris loses the election race.

3- Super Trump Coin (STRUMP)

Another memecoin with a Donald Trump theme, STRUMP, left its mark on the day with a 47.91 percent increase in the last 24 hours. STRUMP, which made a difference not only to memecoins but also to the altcoin market in general, reached a market value of $ 14 million. In addition, PolitiFi coin, which is approaching $ 1 million in trading volume, gave confidence to its investors.

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