Thousands of election-themed memecoins were created on Ethereum and Solana in conjunction with the US elections! 🎉
- Trump-themed MAGA token reached a market value of $150 million with an increase in trading volume.
- According to Dextools, more than 40 Trump-referenced tokens were created on Ethereum alone.
- More than 1,000 tokens were created on Solana in the last 24 hours.
- But be careful! Memecoins are often associated with scams and "rug pull" incidents.
What do you think about this madness? Let's discuss it in the comments! 💬