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Cryptocurrency News Articles
MAGA (TRUMP) and Joe (Biden) PolitiFi Tokens Poised for Explosive Moves as US Presidential Elections Inch Closer
Jul 13, 2024 at 07:15 pm
With the potential Ethereum ETF listing and Bitcoin crossing the $60K mark next week, the PolitiFi tokens could get a stage for massive jumps.
With the bull market on the verge of skyrocketing the altcoins, meme coins are gearing up for some explosive price action. Among the meme coins, PolitiFi altcoins offer massive upside potential as the U.S. Presidential elections inch closer.
With the potential Ethereum ETF listing and Bitcoin crossing the $60K mark next week, PolitiFi tokens could get a stage for massive jumps. So, let’s take a closer look at their price charts for potential 10x profits in Q3 2024.
PolitiFi Tokens To Watch Out
MAGA (TRUMP)
The MAGA token with the TRUMP ticker derives its value from the slogan of former U.S. President Donald J. Trump. Currently, the TRUMP token is trading at $6.34 and it is up by 4.76% in the past 24 hours.
With a market cap of 278 million, the TRUMP token is up by a massive 81,322% from the all-time low of $0.007792 recorded on August 22, 2023.
Tradingview
The 4-hour chart of the TRUMP token reveals a rising recovery rally forming a rising channel pattern. Moreover, the token price breaks the long-coming resistance trend line, revealing an end of the correction phase.
According to the Fibonacci levels, the next resistance is at 7.87 dollars which is a 23.60% Fibonacci level.
However, with the US presidential elections coming closer and the stronger stance of Donald Trump, TRUMP prices are likely to boost exponentially in the coming months.
Hence, in the third quarter of 2024, the upside potential is massive and could result in a 10x surge for this PolitiFi token.
MAGA (MAGA)
Similar to the MAGA (TRUMP) token, MAGA is also based on the slogan “Make America Great Again” and it represents Donald Trump’s position in the PolitiFi sector.
Currently, the MAGA token is trading at $0.0001809 and it is up by 6.45% in the past 24 hours.
Coinmarketcap
With a market cap of $70.58 million, the PolitiFi token is trading at a premium of 2200% from the all-time low of 0.000007875.
Moreover, the demand for PolitiFi tokens is increasing with the US presidential elections trending in the global markets. Hence, the MAGA token is expected to surge exponentially.
As per the historic record of massive jumps in the past two months of inception, the PolitiFi token has a 10x surge potential.
Joe (Biden)
After two Donald Trump tokens, to diversify the investment in PolitiFi tokens, the Joe Biden token represents the democrat position.
Based on the present President of the United States, the Joe (Biden) token has a market cap of 261 million.
Tradingview
The PolitiFi token is up by 4.95% in the past 24 hours. Further, it is trading at a premium of 81% from the all-time low of $0.004644.
However, it is almost down by 88% from the all-time high of $0.07378. Currently, it ranks at #3110 on the Coinmarketcap page.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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