Author: Shaofaye 123, Foresight News
After the hype around the real or fake Satoshi Nakamoto, as the November election approaches, the political narrative seems to be quietly approaching. Musk's profile change, the overnight surge of a PAC, this article will take you through the Memecoin related to the political narrative and preemptively lay out the hot targets.
PAC
PAC in the US refers to a Political Action Committee, which pools members' campaign contributions and donates the funds to support or oppose candidates, ballot initiatives, or legislation. PACs are typically formed by individuals who wish to raise money for political campaigns privately, to represent business, labor, or ideological interests. Elon Musk's Twitter profile change with a website link to a PAC is a Super PAC, with no donation limit, established in May 2024, aimed at supporting Donald Trump. Musk claimed in a July 22 interview that the purpose of creating the America PAC is to support "Making America Great Again" in the future.
The PAC was created on July 22 and remained dormant for 3 months, but after Musk changed his Twitter profile, it surged overnight to $20M. It has since pulled back, with an FDV of $13.3M and 4,056 holder addresses on-chain.
Official Twitter: https://x.com/americapaconeth
MAGA (Trump)
A token named after former US President Trump and his campaign slogan "Make America Great Again" (MAGA). The project creator gifted 580,000 tokens to Trump. Trump has now built a large community, and this is the largest market cap MAGA-themed Memecoin, with total donations reaching $1.89 million. The price of TRUMP spiked briefly after Trump was attacked.
MAGA (Trump) was created on August 11, 2023, and reached an all-time high of $17.66 on June 1, 2024. The current FDV is $228.7M, the price is $4.97, and there are 37,960 holder addresses on-chain, with the top 10 holdings accounting for about 30%.
Official Twitter: https://x.com/MAGAMemecoin
MAGA (MAGA Hat)
The MAGA Hat is Trump's red cap, and as a Memecoin also influenced by the "Make America Great Again" slogan, it has relatively stronger propagation properties and is more meme-like.
MAGA (MAGA Hat) was created on August 11, 2023, with a current FDV of $70.5M, a price of $0.0001706, and 21,776 holder addresses on-chain, with the top 10 holdings accounting for about 36%, concentrated on Gate.
Official Twitter: https://x.com/MagaCoinX
FIGHT
The FIGHT token was created on the day of the attack on Trump, stemming from Trump's salute to the crowd at the scene and his raised-arm cry of "FIGHT" after the assassination attempt. Subsequently, FIGHT, EAR, and FEARNOT appeared on ETH and Solana, with FIGHT and EAR performing outstandingly, both surging over 100x. As the event hype faded, the related tokens almost went to zero, with FIGHT relatively better performing.
FIGHT was created on July 14, 2024, with a current FDV of $10.6M, a price of $0.01078, and 8,365 holder addresses on-chain, with the top 10 holdings accounting for about 46%.
Official Twitter: https://x.com/Fight2Maga
PEOPLE
The PEOPLE token stems from the idea of decentralized autonomy. Its emergence is related to ConstitutionDAO. PEOPLE conducted a social experiment to crowdfund the purchase of the last publicly auctioned copy of the US Constitution at Sotheby's, to achieve the goal of "collective ownership" as a symbol of human rights and decentralization. PEOPLE has a left-wing tint at its core and has certain meme properties. Driven by the ideals of human rights and decentralization, PEOPLE has gained a large number of supporters and funds. Binance announced the listing of PEOPLE's spot trading pair in May.
The current FDV of PEOPLE is $385.9M, with a price of $0.07618.
BURGER
The BURGER token stems from Trump's first use of Bitcoin to purchase a hamburger, and some believe this is similar to the first PIZZA purchase, a huge event.
The current FDV of BURGER is $3.2M, with 3,658 holder addresses on-chain and the top 10 holdings accounting for about 16%.
Official Twitter: https://x.com/BTCCryptoBurger
TREMP
TREMP (Doland Tremp) is inspired by Trump's Memecoin, deployed on the Solana chain. By deliberately misspelling Trump's name, it creates a quirky Memecoin.
The current FDV of TREMP is $37.3M, with 34,221 holder addresses on-chain.
Official Twitter: https://x.com/dolandtremp_sol
MAGA VP
MAGA VP aims to support Trump's election as vice president. It has airdropped 1 million MVP tokens to Trump's wallet as a show of support for the MAGA spirit.
The current FDV of MAGA VP is $2.3M, with 2,015 holder addresses on-chain.
Official Twitter: https://x.com/magaVPcoin
Others
Super Trump (STRUMP): A Memecoin that combines Trump's image with a superhero theme, with a current FDV of $549K and 1,910 holder addresses on-chain.
Saveamerica: A book by Trump.
USA: A Memecoin with the attributes of the Declaration of Independence.
HARRIS: A Harris Memecoin, with a current FDV of $5M and 4,889 holder addresses on-chain.
KAMA: A Harris Memecoin, with a current FDV of $8.9M and 10,616 holder addresses on-chain.
