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Political buzz is at a new crescendo in 2024, particularly after a week that saw dramatic elections in the UK and France. These came on the back of continuing pressure on US president Joe Biden to drop his bid for reelection following a performance to forget in the June 27 debate.
While the politics heat up, Solciety, a new Solana meme coin in the PolitiFi category, looks poised to take advantage as its presale accelerates.
Performance of PolitiFi tokens
PolitiFi tokens are currently some of the biggest losers as cryptocurrencies battle bearish pressure. A lot of the downside has come as Bitcoin and Ethereum struggle. Most altcoins are indeed double-digits down this past week.
But last week, meme coin Kamala Horris (KAMA) soared as traders bet on the VP Kamala Harris’ chances of becoming the Democrat’s flag bearer in November’s election.
Trump linked tokens like MAGA, Super Trump and Donald Tremp similarly skyrocketed amid events around the former US president – including his guilty verdict in New York last month.
BTC, ETH and altcoins are mostly in the red today. However, like the rest of the market, long term sentiment remains largely bullish.
New SOL meme coin Solciety
Solciety (SLCTY) is the political party for degens, the new Solana meme coin that recently launched its presale.
In just two weeks, the project has raised more than $770,000 from early adopters. Currently in stage 5 of 15, Solciety has seen its price jump from from 0.0015 in stage one to $0.002289. SLCTY price will continue rising throughout the presale stages, providing an opportunity for early buyers.
Solana has seen some of the biggest breakout meme coin launches in the past year and a half.
Bonk, dogwifhat, Book of Meme and Myro are a few of the top meme coins today that helped the meme coin market cap rise to above $60 billion. PolitiFi tokens on Solana are also hot, including Donald Tremp and Jeo Boden.
However, Solciety is the new meme coin in this space looking for the next 100x move.
Why join degens’ political party on Solana?
The march towards higher presale milestones for SLCTY comes as interest in political meme coins grows. Notably, political satire is at the center of Solciety’s Meme Campaigner tool, which allows the project’s community to leverage the tool to create viral memes based on political figures.
It means Solciety’s meme campaigner lands at the right time for the community to explore memes beyond Donald Pump, Badimir Putin and Kim Wrong Un.
For instance, Rishi Sunak recently resigned as UK prime minister after a shocking election loss, with new leader Keir Starmer taking over. The latest from the United States is that Democratic Party power players are seeking Biden’s exit. With a formidable Donald Trump to face, Biden’s debate performance in late June has Democrats worried.
Meanwhile, the French saw the left wing coalition emerge victorious against the far right, and Prime Minister Gabriel Attal is set to resign.
With Meme Campaigner, one can get any meme on related political traits go viral – earning more SLCTY coins in the process. Buy SLCTY and join the new political movement on Solana.
Learn more here.
The post Solciety (SLCTY) gains traction amid big week for political meme coins appeared first on Invezz
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