{"id":650737,"date":"2024-10-30T10:59:08","date_gmt":"2024-10-30T10:59:08","guid":{"rendered":"https:\/\/ktsl888.com\/?p=650737"},"modified":"2024-10-30T10:59:35","modified_gmt":"2024-10-30T10:59:35","slug":"heres-why-politfi-tokens-are-better-than-bitcoin-for-november-upside","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/company\/heres-why-politfi-tokens-are-better-than-bitcoin-for-november-upside\/","title":{"rendered":"Here\u2019s Why PolitFi Tokens Are Better Than Bitcoin for November Upside"},"content":{"rendered":"
As Bitcoin holds steady around $68,000, a new crypto trend is emerging: political meme coins, or \u201cPolitFi\u201d tokens.<\/p>\n
These satirical tokens are stealing the spotlight and producing market-beating gains.<\/p>\n
But can they continue outperforming Bitcoin in November?<\/p>\n
Bitcoin\u2019s latest move has kept traders on their toes.<\/p>\n
The world\u2019s biggest crypto is up 4% from Wednesday\u2019s dip, but is still below Monday\u2019s local high.<\/p>\n
Trading volumes have hit $30.4 billion<\/a> in the past 24 hours, and open interest has climbed to $21.4 billion.<\/p>\n All this has helped push Bitcoin\u2019s market cap back to $1.35 trillion.<\/p>\n <\/p>\n But with the upcoming presidential election, Bitcoin\u2019s path isn\u2019t set in stone.<\/p>\n Investors are watching closely: a Trump win could spark a crypto rally, while a Harris win might unsettle markets given her tough stance on digital assets.<\/p>\n This uncertainty has some eyeing gains elsewhere.<\/p>\n For example, crypto expert @crypto_caesar1<\/a> said, “altcoin season is loading.\u201d<\/p>\n He believes that Bitcoin is \u201ctopping out\u201d and that smaller-cap coins might lead the way in the next two quarters.<\/p>\n Bitcoin\u2019s track record for November is mixed<\/a>.<\/p>\n It gained 8.8% last year, but drops of 16% and 7% in 2022 and 2021 show that the coin doesn\u2019t always deliver the year-end rally that bulls hope for.<\/p>\n Meanwhile, PolitFi tokens have a history of spiking with campaign news, especially when it benefits their namesake candidates.<\/p>\n With Polymarket giving Trump a 64% chance of winning<\/a>, the stage could be set for even bigger moves for these tokens, given that most are Trump-themed.<\/p>\n Bitcoin, in contrast, has been ranging since March.<\/p>\n <\/p>\n That\u2019s left traders questioning whether it can actually rally in November.<\/p>\n For those seeking higher returns, PolitFi tokens may offer better opportunities, especially given the election is less than two weeks away.<\/p>\n Analyst @EL_MAG0<\/a> on Twitter certainly thinks so.<\/p>\n He points out that the PolitFi sector\u2019s market cap was previously as high as $1.1 billion \u2013 and believes we\u2019ll see that number again before the election.<\/p>\n If that prediction proves accurate, there\u2019s every chance that political-themed meme coins could outperform Bitcoin\u2019s returns in the coming weeks.<\/p>\n A few PolitFi tokens are emerging as standout plays ahead of election day.<\/p>\n Leading the market is MAGA (TRUMP)<\/a>, the biggest coin in this space, with a $165 million market cap and a reputation for intense swings.<\/p>\n TRUMP often moves double-digits in either direction within hours.<\/p>\n <\/p>\n Doland Tremp (TREMP)<\/a> is another PolitFi coin to watch for traders with a high risk tolerance level.<\/p>\n Inspired by the popular Spoderman meme, TREMP boasts over $8 million in daily spot volume \u2013 and shows strong demand from retail investors.<\/p>\n New to the scene, FreeDum Fighters (DUM)<\/a> offers a unique angle.<\/p>\n Still in presale, it\u2019s one of the few PolitFi tokens with utility features, and its early viral growth suggests traders are buzzed about it.<\/p>\n FreeDum Fighters\u2019 presale has raised over $270,000 in just one week.<\/p>\n <\/p>\n And with enormous staking APYs<\/a>, holders have two potential ways to earn: price appreciation and passive rewards.<\/p>\nPolitical Meme Coins Could Outshine Bitcoin This November<\/h3>\n
Top PolitFi Tokens to Watch as Election Day Nears<\/h3>\n