Meme Coins Dogecoin, MAGA, TrumpCoin Surge as U.S. Election Heats Up

• Meme coins like DOGE, ELON, MAGA, and DJT are gaining social media attention amid U.S. election buzz.
• DOGE shows positive sentiment and high liquidity, while ELON, MAGA, and DJT face mixed reactions.
• Politically themed tokens like MAGA and DJT see price spikes, reflecting speculative trading trends.

As the latest U.S. election poll results capture public interest, meme coins have become some of the most-discussed crypto assets on social media. Leading tokens like Dogecoin (DOGE), Dogelon Mars (ELON), MAGA (TRUMP) coin, and TrumpCoin (DJT) are seeing a spike in both price and trading volume as users discuss these politically themed assets.

Source: X

According to Santiment data, Dogecoin (DOGE) leads with a positive crypto sentiment, while ELON, MAGA, and DJT reflect mixed reactions, with a significant portion of sentiment trending negative.

Source:
Santiment

Alongside DOGE, tokens like FWOG, SHIB, and BTC are also gaining traction across social platforms, showing varied sentiment patterns. DOGE’s sentiment remains largely positive, while ELON, MAGA, and DJT show a wider range of public opinion.

Dogecoin (DOGE) Price Surges After Market Dip

Dogecoin (DOGE) has seen a notable increase, rising to $0.209 with a 19.58% gain over the past week. This spike is supported by a 28.13% growth in market cap, now reaching $30.66 billion.

Read also: Mid-Cap Meme Coins Poised for Growth as DOGE Rallies

Source:
CoinMarketCap

DOGE’s trading activity has surged as well, with a 24-hour trading volume up by 187.17%, totaling $8.09 billion. The volume-to-market cap ratio of 26.22% reflects strong liquidity and trading interest in Dogecoin.

MAGA (TRUMP) Coin Volatility Increases

The MAGA (TRUMP) coin, another popular politically themed token, saw a 28.31% price increase to $4.37 over the past day. This gain led to a 24.73% growth in market cap, now sitting at $192.06 million.

Source:
CoinMarketCap

Trading volume for MAGA rose by 112.47%, indicating heightened liquidity. The price trend shows an initial steady climb, a brief dip, and then a quick recovery, highlighting the volatility often associated with meme coins.

TrumpCoin (DJT) Sees Major Weekly Gain

TrumpCoin (DJT) recorded a 202.45% gain over the past week, bringing its price to $0.0008399. This rise is part of a broader increase in activity for politically themed tokens.

Source:
CoinMarketCap

Despite the surge, TrumpCoin’s market cap remains at $8.30 million, with a 15.40% increase in 24-hour trading volume. The volume-to-market cap ratio of 17.47% points to active trading and liquidity within the market.

Dogelon Mars (ELON) registered a 15.50% daily gain, with the price reaching $0.0001506. Meanwhile, the market cap remains stable at $82.78 million, and trading volume surged by 129.52% over the last 24 hours, signaling sustained interest in the token.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.