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MIND-BLOWING 667% GAINS ALERT: PolitiFi Tokens Soar as Reality TV Star Fuelled Crypto Chaos Continues to Baffle Experts, Trump NFTs Sell Like Hotcakes and We’re All Just Along for the Ride

A chaotic illustration depicting a rocket ship blasting off into space with flames shooting out behind it, surrounded by confetti and balloons. The rocket is labeled as 'PolitiFi' while various other rockets in the background are marked as different cryptocurrencies (e.g., Dogecoin, Shiba Inu). A large banner reading '$1.9 billion market cap' hangs above the main rocket.

}The perpetual farce that is cryptocurrency continues to entertain us all with its latest antics: PolitiFi tokens surging by an eye-watering 667% this year because, you know, nothing says ‘sound investment’ like speculating on the whims of a reality TV star. And what’s more amusing than watching Donald Trump-related memecoins dominate the market? It’s almost as if they’re trying to outdo each other in a bizarre game of crypto-keep-up with MAGA (TRUMP) leading the charge, followed closely by its equally absurd brethren Super Trump and Doland Tremp. Meanwhile, ConstitutionDAO (PEOPLE), that ‘single-purpose’ decentralized autonomous organization formed to purchase a first-edition copy of the United States Constitution, has managed to somehow still trade despite losing an auction it was never going to win in the first place – what a triumph for the power of crypto hype! And let’s not forget Trump’s latest NFT collection: because who wouldn’t want to buy digital trading cards featuring him dancing and holding Bitcoins? It’s almost as if he’s trying to corner the market on crypto-idiocy. Stay tuned for more!.

Source: cointelegraph

Despite only making a small fraction of the total memecoin sector, Political Finance or “PolitiFi” tokens, including the likes of MAGA (TRUMP) and ConstitutionDAO (PEOPLE), have been the biggest gainers this year — with market cap surging 667% in 2024.  CoinGecko data shows that the PolitiFi memecoin sector has a current market cap of $592.4 million as of Aug. 27, a seven-fold increase from the start of the year. It’s […]

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