Memecoin Creators Hop on U.S. Election Mania With Thousands of New Tokens

Quick Summary:

While the U.S.election has directed investor focus to bitcoin and Polymarket, the murky memecoin market is also beginning to heat up.

Thousands of election-themed tokens have been created over the past 24 hours.

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Article Details

Author / Journalist: Oliver Knight

Category: Crypto

Markets: United States

Topics: US Elections News Finance Meme coin Rug Pull Memecoins Election 2024

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 15:20:26 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 23433775

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