PoliFi Tokens and the Trump Effect
Fuente:
arXiv
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| Autores principales: | , , , |
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| Formato: | Preprint |
| Publicado: |
2025
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| Materias: | |
| Acceso en línea: | |
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| _version_ | 1866908695361748992 |
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| author | Nieweglowski, Ignacy Yaish, Aviv Saleh, Fahad Zhang, Fan |
| author_facet | Nieweglowski, Ignacy Yaish, Aviv Saleh, Fahad Zhang, Fan |
| contents | Cryptoassets launched by political figures, e.g., political finance (PoliFi) tokens, have recently attracted attention. Chief among them are the eponymous tokens backed by the 47th president and first lady of the United States, TRUMPandMELANIA. We empirically analyze both, and study their impact on the broad decentralized finance (DeFi) ecosystem. Via a comparative longitudinal study, we uncover a "Trump Effect": the behavior of these tokens correlates positively with presidential approval ratings, whereas the same tight coupling does not extend to other cryptoassets and administrations. We additionally quantify the ecosystemic impact, finding that the fervor surrounding the two assets was accompanied by capital flows towards associated platforms like the Solana blockchain, which also enjoyed record volumes and fee expenditure. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2512_06036 |
| institution | arXiv |
| publishDate | 2025 |
| record_format | arxiv |
| spellingShingle | PoliFi Tokens and the Trump Effect Nieweglowski, Ignacy Yaish, Aviv Saleh, Fahad Zhang, Fan Physics and Society General Economics Economics Cryptoassets launched by political figures, e.g., political finance (PoliFi) tokens, have recently attracted attention. Chief among them are the eponymous tokens backed by the 47th president and first lady of the United States, TRUMPandMELANIA. We empirically analyze both, and study their impact on the broad decentralized finance (DeFi) ecosystem. Via a comparative longitudinal study, we uncover a "Trump Effect": the behavior of these tokens correlates positively with presidential approval ratings, whereas the same tight coupling does not extend to other cryptoassets and administrations. We additionally quantify the ecosystemic impact, finding that the fervor surrounding the two assets was accompanied by capital flows towards associated platforms like the Solana blockchain, which also enjoyed record volumes and fee expenditure. |
| title | PoliFi Tokens and the Trump Effect |
| topic | Physics and Society General Economics Economics |
| url | https://arxiv.org/abs/2512.06036 |