Polifi tokens have the potential for future development. When is the time to sell?
Regarding the growth potential of PoliFi tokens, crypto industry practitioners and KOLs have recently given different views. In March of this year, Steven Steele, marketing director of the MAGA project and YouTube talk show host, said: "My real goal is to make this project comparable to DOGE or SHIB, to that scale, market value and popularity."
"For many investors, it has developed into a de facto election betting market," Steele said. "In the Meme scene, people want an instigator, someone who is exciting and unpredictable, and is seen as a complete rebel... In the eyes of many people, Trump embodies all these qualities."
Andrew Kang's views are similar to his. As early as February of this year, Mechanism Capital, led by Andrew, had built a position in Trump-themed meme tokens and NFTs.
"Until the summer, so he'll continue to be in the news cycle. And then, of course, there's the election. This bet is not just about whether Trump will win. Polls show he's likely to win, but that's not the point. The point is that he'll continue to be in the headlines and people will continue to talk about Trump. His whole strategy is to be provocative, make outrageous and interesting statements, and get people's attention," Kang said on X.
"Not only are there these elections, but there are also court cases and prosecutions that are going to be tried, which will become catalysts or events that attract more attention. Including the federal election subversion case, the Mar-a-Lago confidential documents case, the Georgia election subversion case, the New York hush money case, the Trump Organization civil fraud trial, etc. There are a few Trump coins on the market now, but in my opinion, only the one with the highest market value will have durability and become the focus of all Trump-related speculation," he said.
In his view, all meme coins are risky. “The main risk here is Trump himself selling all of his $TRUMP (currently worth ~$1m) and disowning the coin. That could kill it instantly, or it could go the way of $DOGE/$SHIB where the former’s founder sold all his tokens and disowned, and the latter’s Vitalik also sold tokens.
