BitMEX Lists U.S. Election-Themed Memecoins MAGA & KAMA

• BitMEX introduces TRUMP and KAMA meme coins, merging politics with crypto trading.
• TRUMP and KAMA tokens launch with unique market positions, sparking pre-election interest.
• Prediction Markets contracts on BitMEX enable speculation on Trump and Harris’s election outcomes.

BitMEX is set to launch two new memecoins, MAGA (TRUMP) and Kamala Horris (KAMA), inspired by the 2024 U.S. presidential election. Trading for these tokens will begin August 20th at 04:00 UTC on BitMEX’s Spot platform.

The MAGA (TRUMP) token takes inspiration from the “Make America Great Again” slogan from Donald Trump’s 2016 campaign. It’s an Ethereum-based memecoin intended for investment purposes, although its creators have yet to build a broader ecosystem around it.

As of the press time, TRUMP was trading at $2.72, with a trading volume of $1,519,120. Despite a small 0.16% drop in the past day, the token remains in the market, with a live market cap of $119,732,706 and a circulating supply of 43,997,357 TRUMP coins.

In contrast, the Kamala “Horris” (KAMA) token is a lighthearted tribute to Vice President Kamala Harris. Unlike the MAGA token, KAMA aims to foster a community-driv…

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