Bitfinex analyst: As the U.S. presidential election debates approach, significant volatility is expected in related Meme coins

ChainCatcher news, according to The Block, the U.S. presidential election television debate between Biden and Trump will take place on June 27. Bitfinex analysts suggest that political meme coins inspired by Trump and Biden, or "Politifi" tokens (such as Ethereum-based Super Trump and Maga, as well as Solana-based Jeo Boden and Doland Tremp), may experience significant price volatility during and after the debate.

Bitfinex analysts stated that "Politifi" tokens could see substantial fluctuations during and after the debate, as these tokens have already become speculative assets regarding election outcomes. The analysts also added that it is important to note that Trump has positioned himself as the "crypto president."