"Between Trump and Biden, who do you think will win?"
Political memecoins tied to the personality of President Joe Biden or Donald Trump will be in the spotlight during the United States (US) Presidential election debate that will be broadcast on June 27, 2024.
There is no denying the potential outcome of the upcoming debate is still unknown, but it should be noted that the entire political memecoin ecosystem is indeed under extreme uncertainty.
So here it can be seen that the two main tokens Jeo Boden (BODEN) and Doland Tremp (TREMP) have experienced a decline over the past month compared to MAGA which seems to have succeeded due to its increasing acceptance.
In the wake of many political memecoins facing a massive fall, investors will likely take this opportunity to scoop up more tokens that could push their prices to all-time highs.
While most investors will be tracking the performance of political memecoins this week, many eyes will also be on the price of BTC which has now experienced another plunge below $62,145.
In addition to receiving BTC as campaign contributions and labeling himself the "Crypto President", Trump also plans to retain the remaining hash power to make the US the largest BTC miners.
While Biden's campaign team is exploring a different path and this has led experts to label the upcoming election as the first crypto election in the US according to surveys so far.