Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens

Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens

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Source: Coindesk.com

Thousands of election-themed memecoins have been created on Ethereum and Solana over the past 24 hours. Memecoins issued in line with real-world events have historically been associated with scams and rug pulls. The Donald Trump-themed MAGA token topped a $150 million market cap following a surge in volume.

Read More https://www.coindesk.com/business/2024/11/05/memecoin-creators-hop-on-us-election-mania-with-thousands-of-new-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens" appeared first here Coindesk.com.

Source: Coindesk.com

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