😎 What is PolitFi and who is behind it?

We've written multiple times about #TREMP and #BODEN, which are typical examples of memecoins. Their only difference from others is that these coins are tied to the political sphere, which has given rise to a new trend — #PolitFi

PolitFi tokens have gained popularity in the run-up to the upcoming elections in the USA. However, no token is officially linked to a specific politician, and the teams behind most of them are completely anonymous. Political #memecoins merely reflect public sentiment towards a particular candidate and their successes or failures. Although experts predict growth in the PolitFi sector as the US election approaches, the likelihood of scams in such projects is quite high, just like with any other meme coins.

By the way, in the recent debates, neither #Trump nor #Biden mentioned cryptocurrency even once, which may further signal that politicians are still using the industry solely for their PR purposes and are not genuinely interested in the real development of the sector 🧠