The post How These PolitiFi Meme Tokens Are Faring Today appeared on BitcoinEthereumNews.com.

Kamala Horris (KAMA) is outpacing its Trump-themed rivals in the PolitiFi meme tokens market today. In the last 24 hours, KAMA’s price has increased by 4.80%, while several Trump-related tokens have added to their seven-day double-digit decline. This shift highlights increasing investor interest in politically satirical tokens linked to U.S. Vice President Kamala Harris. What makes this trend particularly surprising is that it coincides with Donald Trump maintaining a lead in the polls ahead of the November 5 U.S. elections. Below is a detailed breakdown of how PolitiFi meme tokens KAMA, MAGA (TRUMP), and Donald Trump (TREMP) could perform in the coming days. Kamala Horris (KAMA) As of this writing, KAMA’s price stands at $0.0066. Prior to this, the meme coin’s price dipped to $0.0057 after being trapped in a descending triangle pattern. To provide context, a descending triangle is a technical pattern defined by a falling trendline that creates lower highs, alongside a horizontal support level. If Kamala Horris had slipped below the support, then the price could have experienced another correction. Instead, it broke out of the channel. This breakout is further supported by an increase in the Relative Strength Index (RSI), indicating strengthening bullish momentum. Read more: What Are Meme Coins? Kamala Horris 4-Hour Analysis. Source: TradingView Should the PolitFi meme coin momentum get better, KAMA’s price could climb to $0.0079. However, if Kamala Harris’ odds of winning the election continue to plummet, this forecast could be invalidated. In that scenario, KAMA might decline to $0.0054. MAGA (TRUMP) In contrast to KAMA, MAGA—the Trump-themed meme coin with the highest market capitalization—has experienced a price decline. At press time, TRUMP’s price is $3.30, reflecting a significant drop of 35.60% over the past seven days. Currently, the Moving Average Convergence Divergence (MACD) is in the negative region. Like the RSI,…

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Filed under: News - @ October 24, 2024 4:26 pm