The post Can Meme Coins Power a Senate Bid? Virginia’s Mark Moran Says Yes appeared on BitcoinEthereumNews.com.

In brief Mark Moran is using a meme coin to help boost his long-shot Senate bid. Moran said he’s trying to motivate degens and connect with voters. The former Wall Street banker is running against a pro-crypto Democrat. Mark Moran may be fresh to politics, but the former reality TV contestant and Wall Street banker is confident that his path to Washington runs through Solana’s trenches. That’s because the 34-year-old, who is challenging incumbent Sen. Mark Warner in Virginia’s Democratic primary, recently embraced a meme coin as a way to elevate his campaign. Moran described the endeavor to Decrypt as an attempt to innovate and appeal to crypto-native voters. But he acknowledged that his promotion of the token on social media accounts and his campaign website invites scrutiny from regulators—and potentially his competitors. “When you think about a political campaign, that is attention and community,” he said. “Once I saw that it was legit, I thought, ‘Okay, well, any attention is good attention.’”  Since backing the token, Moran has removed its contract address from his X bio, billing himself now as a “Revolutionary Virginian Running for U.S. Senate.” As of Saturday, he had received nearly $24,000 in proceeds from the token’s debut, according to a platform for creating meme coins called Bags. Moran said he had no involvement in the token’s creation weeks ago by a pseudonymous individual named “Atone.” But after learning about the project that set aside 100% of its royalties for him, he came to appreciate the concept behind the “Mark Moran Fund.” “I realized there’s a great opportunity to call attention to the campaign finance space,” he said. “The money is the issue in the system. A politician has to raise all this money, but then it makes them liable to become controlled by their…

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Filed under: News - @ February 14, 2026 6:18 pm