3 PolitiFi Coins That Could 10X Amid Elon Musk and Taylor Swift Controversy

The 2024 US presidential election has been a hot topic, not only in political circles but also within the crypto space. A new debate recently emerged on social media platforms as Billionaire Elon Musk responded controversially to Taylor Swift’s endorsement of Kamala Harris. The heated online debate also impacted PolitiFi coins, which are susceptible to speculative traders.

PolitiFi Coins to Rally Amid Elon Musk and Taylor Swift’s Political Feud

The recent controversy between Tesla CEO Elon Musk and popular singer Taylor Swift started when Swift endorsed Kamala Harris for the 2024 U.S. Presidential Election, referring to herself humorously as a “Childless Cat Lady.” 

Musk responded to this statement with a tweet, “Fine Taylor… you win… I will give you a child and guard your cats with my life,” which sparked a widespread backlash online. Both prominent internet figures with massive fan bases, Elon Musk and Taylor Swift, have ignited a heated online discussion due to their starkly opposing political preferences.

Such drama often impacts the PolitiFi coins due to their volatile nature, providing dynamic moves favored by short-term traders.

MAGA (TRUMP)

At the top of our PolitiFi coins list is MAGA (Trump), a meme cryptocurrency supported by supporters of Donald Trump’s political movement, “Make America Great Again” (MAGA). In response to Taylor Swift’s endorsement of Kamala Harris, Trump commented, “I actually like Mrs. Mahomes much better, if you want to know the truth. She’s a big Trump fan,” during an interview on Fox & Friends.

He also referred to Shift, indicating she may “pay a price.” which further fueled the heated online debate.

The MAGA price currently trades at $2.89, and with an intraday loss of 12.7%, it retests a downsloping trendline, which acted as resistance for 100 days. If the support is sustained, the buyers could drive a directional rally.

Doland Tremp (TREMP)

Doland Tremp launched as a satirical take on the political figure, TREMP has gained traction in the meme cryptocurrency space. The TREMP price currently trades at $0.13 and holds a market cap of $13.9 Million.

With an intraday loss of 29%, the coin seeks support at an ascending trendline intact since mid-August 2024. If the dynamic support holds, the buyers could maintain a higher low formation, indicating buying the dip sentiment in the market.

Kamala Horris (KAMA)

Among the PolitiFi coins, Kamala Horris is a Solana-based token inspired by U.S. Vice President Kamala Harris. The KAMA price currently trades at $0.0079 with an intraday gain of 3.5% and a market cap of $7.8 Million.

However, the tradingview chart shows a doji-neutral candle with long wicks, indicating no clear indication from sellers or buyers. Following the September 10th debate, this uncertainty could be linked to recent rumors Kamala Harris wore an earpiece disguised as earrings.

The KAMA price is resonating in a narrow range of symmetrical triangle patterns, waiting for a decisive breakout.

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.