Bitfinex Analyst: With the US Presidential Election Debate Approaching, Expect Violent Volatility in Related Meme Coins
On June 21, it was reported that the US Presidential Election televised debate between Biden and Trump will be held on June 27. Bitfinex analysts said that political Meme coins or "Politifi" tokens inspired by Trump and Biden (such as Ethereum-based SuperTrump and Maga, and Solana-based JeoBoden and DolandTremp) may experience sharp price fluctuations during and after the debate. Bitfinex analysts said that "Politifi" tokens may experience significant fluctuations during and after the debate, as these tokens have themselves become speculative assets in terms of election results. The analysts also added that it is important to note that Trump has positioned himself as a "crypto president".