Memecoins inspired by United States President Joe Biden and candidate Donald Trump tanked up to 53% as the pair battled it out during the first of two live presidential debates.
The Make America Great Again-themed TRUMP token started to fall around 20 minutes before the debate kicked off on June 27, 9pm ET, falling 24.6% to $7.23 at current prices, CoinGecko dataover 53% from its June 27 high of $0.17 to $0.08 shortly after the debate. It has made a partial recovery to $0.091.Super Trump and BABYTRUMP also tanked double digits during and after the debate.the cryptocurrency sector nor was the topic raised by the moderators.
Biden and Trump will have one more opportunity to potentially discuss issues related to the digital asset industry on Sept. 10, when the next debate is scheduled. Top 10 largest PolitiFi memecoins by market cap and their price changes over the last 1 hour, 24 hours and 7 days. Source: CoinGeckowhile Biden’s chances plummeted, as watchers noticed Biden stumbled through some answers and failed to finish some sentences throughout the debate.
Trump’s odds on the platform increased from $0.53 to $0.63, while Biden’s fell sharply from $0.48 to $0.37 in the same timeframe.