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PolitiFi

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From Trenchwiki, the trench encyclopedia
This is an old revision of this page, as edited by seed at 14:05, 23 October 2026. It may differ significantly from the current version.
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PolitiFi is a category of memecoins themed on politicians, elections and political events, mostly issued on Ethereum or Solana, whose prices tend to move with political news.[1]

History[edit]

Donald Trump has inspired more PolitiFi coins than any other politician; 2024 examples included MAGA (TRUMP), MAGA Hat, Doland Tremp (TREMP), Jeo Boden (BODEN), the latter two in the "Spoderman" comic style, and Kamala Horris (KAMA).[1] Prices tracked events: MAGA fell after Trump's conviction on 34 felony counts and rose after his pro-crypto speech at the Libertarian National Convention, KAMA rose more than 120% before Joe Biden endorsed Kamala Harris, and hundreds of related coins appeared within minutes of the attempt on Trump's life.[1]

Officially linked political tokens followed. Trump announced Official Trump (TRUMP) on Truth Social late on 17 January 2025, three days before his inauguration; it reached nearly $12 billion in market value on 20 January, and Melania Meme (MELANIA) launched two days after TRUMP.[2] Bloomberg estimated that TRUMP had generated at least $11 million in trading fees by 28 January.[3] In February 2025 Bubblemaps linked the creator of Libra, promoted by Argentine president Javier Milei, to the MELANIA team.[4] Cointelegraph, citing CoinGecko, said political narratives drove the 2024 memecoin rally, before the sector's market cap fell 65% in 2025.[5]

Criticism[edit]

Decrypt described PolitiFi coins as purely speculative and prone to burning out once a narrative moves on.[1] Ethics lawyers condemned the Trump coins as profiteering from office; federal conflict-of-interest criminal statutes do not apply to the president or vice president.[2] See also Celebrity memecoins and Memecoin supercycle.

Timeline[edit]

  • 2025-01-17: Trump announces the TRUMP memecoin[2]
  • 2025-01-19: MELANIA launches[2]

References[edit]

  1. ^ What is PolitiFi? The Wave of Political Meme Coins, Decrypt, 2024-08-06
  2. ^ Donald and Melania Trump launch a pair of meme coins ahead of inauguration, raising serious ethics concerns, CTV News (CNN), 2025-01-20
  3. ^ Trump memecoin likely generated at least $11 million in fees, analysis shows, Bloomberg, 2025-01-28
  4. ^ Bubblemaps links single entity to Libra and Melania memecoins, The Block, 2025-02
  5. ^ Memecoins Go From Christmas Cheer to Cold Reality, Sinking 65% in a Year, Cointelegraph, 2025-12-26
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