politifi

ChainCatcher news, Artemis data shows that only AI tokens outperformed Meme coins at the beginning of 2024. By mid-November, the returns of Meme coins were 6 times the average of the cryptocurrency market.Market insight platform Kaito AI points out that a quarter of cryptocurrency investors prioritize discussions about Meme coins. In other words, the focus is more on short-term profits rather than long-term value returns.From a narrative perspective, year-to-date, the following categories of altcoins have outperformed Bitcoin: Meme, RWA, prediction markets, PolitiFi, AI, Solana, and smart contract platforms.

ChainCatcher news, the cryptocurrency data aggregation platform CoinGecko released a report indicating that from January 1 to August 25, 2024, the PolitiFi (meme related to U.S. election figures) token category increased by 782.4%, outperforming the broader Meme coin category, which rose by 90.2% during the same period.Although the PolitiFi segment tokens performed better than Meme coins, they still lag far behind the latter. As of August 25, the PolitiFi segment held a market share of 1.5% in the Meme coin category, with a market capitalization of $680.8 million, while the market capitalization of Meme coins was $45.6 billion.

ChainCatcher news, CoinGecko has added a PolitiFi token section, with a total market capitalization of $471,899,083, where the top three tokens are MAGA (TRUMP), FreeTrump ($TRUMP), and TrumpCoin (DTC).It is reported that the PolitiFi section tokens are a category of Meme coins related to political figures.