PolitiFi parodies are half-way to the US election — but it’s uphill from here

Parody memecoins of political figures have captured crypto’s attention, but they still need to stick the landing

article-image

Former President Donald Trump | Muhammad Aamir Sumsum/Shutterstock modified by Blockworks

share

It’s a long road ahead to the US election in November, something of which holders of political parody memecoins are likely all too aware.

Tokens like boden, tremp and more recently kama are a genre all to themselves. They caught fire earlier in the year, an extension of the memecoin mania that largely gripped Solana and Base.

“PolitiFi,” as it’s come to be known, is a catch-all term for memecoins and social tokens with a political bent. They’re usually named after a politician or pundit.

A subset of those tokens has its own nomenclature and art style — misspellings of names and rough, MS-Paint-style caricatures of their respective figures. 

Loading Tweet..
Trucks advertising jeo boden have been spotted in New York City.

Joe Biden isn’t Joe Biden, he’s jeo boden. Donald Trump is doland tremp, and Tucker Carlson is tooker kurlson.

As for which came first, tremp and boden both launched in late February to early March. As a cohort, parody political memecoins hit close to $800 million market cap in about one month. But they’ve been bleeding out ever since, and are now worth less than $100 million overall.

When the first parodies launched, there was about 250 days until the election. Now, there’s 124 days to go, putting this particular brand of PolitiFi right at the half-way point.

150,000 addresses are holding political parody coins, with an estimated 80% sitting on at least 10 units (worth a few dollars at most).

Vice president Kamala Harris’ parody coin, kamala horris, is the latest to pump following Biden’s wobbly debate performance last week.

Read more: Biden debate performance shakes up Polymarket odds

KAMA was actually launched at the end of March but only recently picked up steam, going from $1.4 million market cap before the debate to $11.4 million — 8x gains.

Still, KAMA makes up only 3% of the parody memecoin space. Boden currently holds 24% market share, down from 60% in May, while tremp has 43%, up from under 10% also in May.

(Interestingly, there doesn’t appear to be much holder overlap between parody coins. After comparing blockchain data for the different tokens, boden and tremp had the highest similarity with 12.6% of addresses holding both. Tooker and tremp’s similarity is 3.6%, while just 1% of kama and boden holders currently have both tokens.

Democrat parody tokens are in blue, Republican in red

Memecoins are super volatile and there’s no reason to suspect otherwise of these political parodies. They’ll likely go up and down ad nauseam, as is practically intended.

Although, we’re still about four months away from the US election in November. With so much room left to go, holders intent on riding out the campaigns would be wise to strap in for the long haul.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Unlocked by Template (10).png

Research

Innovations on Aptos’ technical design through Raptr, Shardines, and Zaptos approach near-optimal latency and throughput by unlocking 100% utilization of network resources, with the capacity to settle 260k transactions per second with latencies less than 800ms. The original Move language was revamped with the launch of Move 2, supporting more expressivity in smart contract logic and a scalable ability to interact with high volume datasets. The ecosystem has benefitted from strong asset inflows, now hosting over $1.3B in stablecoins, $450M in bridged BTC, and $530M in RWAs. Activity in the Aptos ecosystem has grown notably over the past year, with monthly application revenue reaching ~$835k and monthly DEX volumes growing to over $5B, both at new all time highs.

article-image

The Stripe-acquired firm has big plans for a streamlined, multi-wallet future

article-image

Both founders of the former crypto lender have now landed in new crypto industry roles

article-image

Bitcoin’s recent peak is a victory lap for curvers left and right

article-image

Securitize CEO Carlos Domingo says institutions are eager to get exposure to tokenization

article-image

Trade isn’t war and prosperity isn’t a contest