MAGA (TRUMP) and Kamala Horris (KAMA) Memecoins Now Available on BitMEX
BitMEX, a prominent cryptocurrency exchange, has launched two new memecoins, TRUMP and KAMA, in anticipation of the 2024 U.S. presidential election. The decision is likely to generate significant interest among cryptocurrency enthusiasts and traders.
The two new memecoins will be launched on BitMEX’s Spot platform on August 20th at 04:00 UTC, providing users with a chance to interact with the platform and participate in the growing memecoin market.
TRUMP Memecoin
TRUMP, an Ethereum-based meme coin, is named after Donald Trump’s 2016 campaign slogan “Make America Great Again.” With a total supply of 43,997,357, TRUMP coins are in high demand, and have generated significant interest with an ethereal trading volume of $1,519,120 and 96 active trades.
KAMA Memecoin
KAMA‘s goal is to create interacting content on its platform, which encourages active users to interact and participate in meme-related events. Despite an 11.85% decline in value over the past 24 hours, KAMA is expected to rise in popularity and become a significant player in memecoin trading.
BitMEX will enable users to trade between TRUMP/USDT and KAMA/USDT pairs, guaranteeing safe and secure trading for both parties. BitMEX will only allow deposits of the tax-free TRUMP token on the Ethereum blockchain with a specified contract address.
The launch of these two new memecoins is expected to draw in broader users to BitMEX’s platform, particularly those who are keen on immersing themselves in the amusing and often comical world of memecoinage. Many users have been drawn to the humorous and playful nature of memecoins, which have become increasingly popular in recent times.
In terms of price volatility, TRUMP has experienced a slight decline of 0.16% over the past 24 hours, while KAMA has seen a reversal of 11.85%. Nevertheless, these fluctuations are common in the cryptocurrency market, and many see potential upside from new memecoins.
BitMEX’s new memecoin offering is a novel concept that will be interesting to explore as it evolves in the cryptocurrency ecosystem. Given that the 2024 U.S. presidential election is still months away, these two payments are ideally placed for consideration by investors who are paying attention to current events and political news.
By providing a platform for users to engage with these topics in ‘funny and entertaining’ ways, BitMEX is expected to attract new users and generate significant interest in the cryptocurrency community.
For more insights and information on the memecoin market, check out our article on “Memecoins: The New Craze in Cryptocurrency” on CoinSeeks.com.