Find out about the latest meme coin news in small chunks every week. This week’s market highlights include a big jump in KAMA Coin, a drop in MAGA coins, and the mixed performance of PolitFi meme cryptos.
Now is a good time to buy meme coins, especially ones with cats and dogs on them. Their market value has increased by 0.4% in the past 24 hours, reaching $56.5 billion.
The best coins did the best: HEHE went up 60% to $0.02383, Catcoin (CAT) went up 57%, and Catwifhat (CWIF) went up 41%.
The coins that lost the most value were ChompCoin (CHOMP), which dropped 21% to $0.2132; Mongoy, which dropped 18% to $0.02151; and Sad Hamster (HAMMY), which dropped 15.4%.
Half of the top 10 meme coins have gone up in value, while the other half have gone down. The price of Memecoin (MEME) dropped the most, by 2%. On the other hand, the cost of Coq Inu (COQ) rose the most, by 13.7%.
Meme Coin Market PolitiFi Coins Show Mixed Performance Amid Political Shifts
Political Finance (PolitiFi) meme coins, which are based on real people in politics but don’t have any official ties to them, have had a range of results. In the last 24 hours, this group’s market capitalization went down by 2% to $972 million.
The market value of ConstitutionDAO (PEOPLE) is almost $420 million. The market value of Maga (TRUMP) is $310.8 million, and the market value of Maga Hat (MAGA) is $70.1 million.
Most of these coins are worth less now, especially the ones associated with former President Donald Trump. Joe Boden (BODEN) had the most significant drop, with a 60.5% drop. However, Super Trump’s (STRUMP) reputation rose by 18.3% among the green coins.
President Joe Biden said on July 21 that he would not run for president again in 2024. The government made a big move here. He chose Kamala Harris, Vice President, to take his place. A lot of meme coins have shown up since this move.
Notable Changes: KAMA Coin* is now worth $0.01742 after going up 65.4% in the last 24 hours. Joe Boden (BODEN)* is now worth $0.008901, down 60.5%.
KAMA Coin has also increased in value significantly over the last week (329%) and month (1,582%), performing better than meme cryptocurrency.
Donald Trump is still in the news as he runs for a second term. What people have said about the meme coins that go with him is mixed:
Maga Hat (MAGA) went up 18%, Super Trump (STRUMP) went up 7.6%, and Doland Tremp (TREMP) went up 5%.
MAGA (TRUMP) is down 4.3% in 24 hours to $6.75, and MAGA Again (MAGAA) is down 38.3% to $0.01483;
A drop of 14.5% in Fight to MAGA (FIGHT) The MAGA VP (MVP) is down 5.3%. MAGA (TRUMP) is 61% below its all-time high but still much higher than its all-time low.
