Crypto Gloom

Meme Coins, Politifi Cryptos Soar as Uptober Bull Run Hopes for a Return

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Hopes for a potential Uptober bull market have been reignited in the cryptocurrency market as meme coins and political tokens (Politifi) soar.

According to CoinGecko, the market capitalization of Politifi tokens has surged more than 19% in the past 24 hours, hitting $777.49 million. At the same time, Meme Coin’s market capitalization rose 9%, showing a notable recovery and sparking optimism among investors.

‘Dark MAGA’ Elon Musk joins Trump on stage in Pennsylvania | independence

Trump-Themed Tokens Surge After Elon Musk Campaign Appears

Among the political tokens that rose in price was a cryptocurrency linked to the former US president and Republican candidate. donald trump. This comes after tech billionaire Elon Musk spoke at a presidential campaign rally in Butler, Pennsylvania.

Musk received a warm welcome from Trump at this rally.

“He protected freedom of expression. “He created so many great things,” Trump said. “He founded the first major American automobile company in generations. And his rocket company is now the only reason we can send American astronauts into space.”

Since Musk’s appearance, MAGA, MAGA Hat, and Doland Tremp have all seen impressive price gains in the past 24 hours. MAGA surged more than 29%, while MAGA Hat and Doland Tremp rose 46% and 20%, respectively.

Meme Coin Pump As Traders Say Uptober Is Finally Here

Led by MOODENG meme coin The cryptocurrency’s price surged more than 129% after a strong 24-hour performance. Next, the prices of Keyboard Cat (base) and SPX6900 rose by 73% and 68%, respectively.

Overall, cryptocurrency market capitalization increased by more than 1%. Despite the slight gains recorded by the rest of the market, some traders and analyst They say Uptober is back.

Pre-sale tokens are also benefiting from the rise in layer 2 meme coins. Pepe Unchained (PEPU) One of the most successful ICOs of the year is close to raising $18 million.

Another new project showing strong momentum is Cryptocurrency All Stars (STARS)This is something that just happened. $2 million in funding was raised.

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