Why are political memecoins struggling in the current market

Political memecoins face challenges in the current market. Factors contributing to their struggles include declining investor interest, increased regulatory scrutiny, and market volatility. Many projects lack strong fundamentals and community support, which impacts their sustainability. Additionally, the focus on more established cryptocurrencies diverts attention from political memecoins. Overall, these elements hinder growth and adoption of political memecoins in the competitive crypto landscape.

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