In a previous article, I wrote about two Solana-based meme coins, Boden and Tremp, that were riding the momentum building up for the upcoming US elections in 2024. If you aren't aware, narratives play a crucial role in how tokens perform. When a narrative is in season, expect all the tokens affiliated with that narrative to make serious gains. Think back to the AI narrative that began in early 2023, meme coins in 2021, the World Cup in 2022, nfts in late 2021 etc. All these periods were dominated by a narrative that led to price pumps for all associated tokens. PolitiFi is the newest narrative building up and will only get hotter as the elections come closer.

Memecoins that have massively gained from this narrative are $MAGA on Ethereum, Boden and Tremp on Solana etc. PolitiFi tokens are meme coins associated with political figures such as Donald Trump and Joe Biden. To state the obvious, these coins aren't issued by actual politicians. They’re simply meme coins.

Why am I so interested in this narrative? I prefer tokens that have more "fundamental value." But meme coins were the top narrative of the 2024 crypto market. So, I can't help but pay attention to PolitiFi. And there's no harm in playing that narrative with a portion of your portfolio. Memecoins, like the rest of crypto, is heavily narrative-driven.

It's election year in the USA. So, US politics will dominate the news cycle and X. Crypto is a game of attention. More attention = number goes up. Every OpenAI announcement used to pump AI tokens. Similarly, as different political figures gain attention, we can expect their tokens to pump:

$TRUMP boomed after Donald Trump voiced his support for crypto.

$POOWEL pumped in anticipation of FOMC meetings.

$BODEN is associated with Joe Biden.

$MAGA is the short form of Donald Trump's campaign slogan "Make America Great Again".

Taking Advantage of The Narrative

One way is to find newly launched and low market cap coins on DEXScreener and Pumpdotfun. You'll see a ton of PolitiFi tokens ranging from MoonTrump to BidenInu. You can filter the tokens by looking at their liquidity, volume, and social media activity.

When it comes to tokens, liquidity is king. There are many different Trump-themed tokens. Newbies might invest in super new tokens. But fragmentation is bad for prices. $BODEN on Solana is the consensus Joe Biden token. $TRUMP on Ethereum is the consensus Donald Trump coin.

As the election draws closer, we'll see PolitiFi pumping. However, it'll probably be a sell-the-news event. So, once the election is here, I expect them to dump. Do you guys remember the World Cup a few years ago? There were several "fan tokens" that pumped leading up to the World Cup. I see the same thing happening here.

Remember to sell in time if you're interested in this, don't become exit liquidity.