A slew of new PolitiFi meme coins are seeing major volatility on Wednesday around speculation that President Joe Biden might not secure the Democratic Party nomination for the 2024 Presidential election.

PolitiFi Meme Coins React to Biden’s Debate
Data from CoinGecko shows that the Solana-based Gabin Noosum (NOOSUM) token – a misspelling of California Governor Gavin Newsom’s name – climbed from $0.003 to $0.0051 early on Tuesday before retracting almost all of its gains by Wednesday morning.