The crypto market has seen a considerable consolidation in recent weeks as it looks for balance post Bitcoin halving in April. Almost every cryptocurrency is down and portfolios aren't looking great, however, meme coins seem to be in season once again. Solana took over from Binance Chain as the home of degen memecoins and it seems to be paying off massively. Memes are rising from every nook and cranny, with some doing so well regarding price movement.

Two of these meme coins are Boden and Tremp, modelled after the main candidates in the US presidential elections slated for late 2024. The elections in America are ever so intense now with all the probes and cases levelled against Trump.

In crypto, fundamentals play a huge role in the development of cryptos. With strong fundamentals behind a project, that project is likely to see massive gains in the medium to long term. The fundamentals behind Boden and Tremp are huge. Given that this is an election year, many degen tokens named after political terms will come out, but it's the first ones that always print the most money. Boden and Tremp were the first degen meme coins regarding the US election to come out and you can see their performances in their market cap growth.

Boden's market cap has surpassed the $200 Million point while Tremp's has surpassed $100 million. The expectation is that both will reach a $1 billion market cap as the elections draw near.

They are great potential degen plays that will only gain hype and momentum as the US elections approach. If you are a degener, you may want to look into them (of course do your own research and due diligence first). When a degen memecoin surpasses $50 million market cap valuation, it becomes a safer play for more cautious heads.

what will you be doing? What other meme coins are interesting to look at?