Publication Type

Conference Paper

Version

acceptedVersion

Publication Date

12-2025

Abstract

Meme coins are a unique type of cryptocurrency whose value is shaped by internet culture and viral trends. This study introduces a socio-technical research model to examine key factors influencing meme coin dynamics and applies it to analyze market reactions to Donald Trump’s 2024 U.S. presidential election victory and inauguration, focusing on the $TRUMP meme coin and other politics-related meme coins, known as PolitiFi. Using a mixed-methods approach, we analyze publicly available news, social media activity, and marketplace data to investigate the interaction between social engagement and technical infrastructure. Econometric analysis shows that Trump-related events triggered short-term price surges, increased market participation in PolitiFi, and had positive spillover effects on related cryptocurrencies. However, the findings suggest that PolitiFi experienced long-term declines following these events, raising concerns about its economic viability. This study contributes to the discourse on the intersection of political events, digital assets, and socio-technical systems

Keywords

meme coin, socio-technical system, politifi, trump, solana

Discipline

Numerical Analysis and Scientific Computing

Research Areas

Information Systems and Management

Areas of Excellence

Digital transformation

Publication

The 14th SIGBIT Workshop on Blockchain Ecosystems and Artificial Intelligence, Bangkok, Thailand, 2025 December 14

Publisher

Palgrave Macmillan

City or Country

Nashville, TN

Comments

https://www.paperfox.ai/conference/sigbit2025/program

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