The crypto market became more active on Election Day. Bitcoin (BTC) prices officially hit a new all-time high amid investor anticipation of Donald Trump becoming the new US president.

The decline in Harris-themed tokens was starkly contrarian to the rise in Trump-themed tokens.

As the US Presidential elections draw closer, political meme-based altcoins are gaining traction. Increased uncertainty has pushed some tokens to appreciate significantly while others remain stable.

Leading political finance (PolitiFi) coins have defied the broader market trend, experiencing price declines in the past 24 hours. ConstitutionDAO (PEOPLE) and Maga (MAGA) saw their values drop despite overall market stability.

With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains.

This year's crypto landscape is buzzing with a new and unexpected trend – PolitiFi tokens. As the U.S. elections draw near, politically themed cryptocurrencies are gaining traction, creating unique opportunities for investors. These tokens are not just driven by hype but by real-world political movements, offering an exciting fusion of politics and finance.

The crypto coins market is poised for a significant rebound, with several coins predicted to triple in value. This comes ahead of the US Federal Reserve's rate decision in September.

TL;DR Donald Trump-linked memecoins have plummeted following his interview with Elon Musk and Kamala Harris's positive advance in the polls. The Kamala Harris-inspired memecoin, KAMA, has experienced a 16% increase over the past week.

As the USA election campaigns heat up, the blend of politics and blockchain technology is opening up exciting investment opportunities, with investors seeking top PolitiFi tokens for high returns. Investors can benefit greatly from the volatility created by the emergence of these tokens, especially with 2024 being a Bitcoin halving year and the potential onset

As the 2024 U.S. presidential election heats up, political finance tokens, or PolitiFi tokens, are gaining traction. These tokens are attracting investors due to their association with political figures and events.

With the market leaders displaying a weak price action for about a week, the crypto space has seemed to have entered a consolidated phase, suggesting a high possibility of a delay in the Altcoin season.

PEOPLE coin price rose by over 47 percent on Wednesday, a hallmark for the token linked to a crowdfunding campaign that raised $47 million to buy a rare copy of the US constitution.

Bitcoin (BTC) reached a new multi-year high at $47,281 on January 8, 2024. Following its leadership, some cryptocurrencies have traded at higher prices and are threatening a retracement.

BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Nov. 4 to Nov. 11. The post PEOPLE, DYDX, CHSB, ANT, BNX Hang on Despite Bearish Crypto Market appeared first on BeInCrypto.

AscendEX, a full-stack cryptocurrency exchange platform, announced the addition of 7 new leveraged tokens for trading: OP, SOL, FTM, SHIB, ATOM, SAND, and PEOPLE. Check below for details of the new tokens: Leveraged Token 3X Leverage Long 5X Leverage Long 3X Leverage Short 5X Leverage Short OP OP3L/USDT – OP3S/USDT – SOL SOL3L/USDT SOL5L/USDT SOL3S/USDT […] The post Crypto exchange AscendEX adds new leveraged tokens: OP, SOL, FTM, SHIB, ATOM, SAND, PEOPLE appeared first on CryptoNinjas.