Donald Trump and Kamala Harris’s meme-coins have fallen in price significantly

Editor’s note: not financial advice!

On the eve of the US presidential election, political digital tokens inspired by Donald Trump and Kamala Harris have plummeted. The most popular Trump-related token, Maga, lost 0.5% of its value over the past day, while Maga Hat fell by 16%. The parody token Doland Tremp is also down 6%. Meanwhile, the Harris-related meme coin, Kamala Horris, is down 9%.

During the week, Kamala Horris showed the largest gain, rising by 58%, while most Trump-related tokens suffered significant losses. Despite the fluctuations of the last few days, the TRUMP token, inspired by the «Make America Great Again» campaign, is up 1171% YTD, while KAMA, which is linked to Harris, is down 62%.

The activity around political meme cryptocurrencies has intensified as the election approaches, with the betting market, including Polymarket and Kalshi, partially leaning toward a Trump victory. At the same time, recent opinion polls, such as those conducted by Emerson College, show that the candidates have gained the same support — 49% each.

Demand for political tokens reflects the crypto community’s interest in the election. Investors and traders are trying to predict how the political outcome might affect the future dynamics of the cryptocurrency market.

The No Worries editorial team strongly recommends that readers do not invest their own funds in dubious crypto projects and little-known digital assets!