What Is NationFi? A Guide to The Meta and Top NationFi Memecoins

NationFi is a trend in the memecoin world that allows investors to buy meme-inspired cryptocurrencies named after countries and different regions in the world. Some NationFi memecoins also cut across the political scene, with some cryptocurrencies under this category mimicking presidential aspirants and other election trends.

In this article, we’ll explore the NationFi trend and spotlight some of the most popular memecoins in this category. We’ll also tackle the big question of whether investors should seek exposure to this emerging niche.

NationFi Memecoins Explained

The cryptocurrency space has often been driven by social culture. For instance, some of the earliest Bitcoin adopters were those who believed in its power to revolutionize the monetary system and free the world from the negative impacts of incessant money printing by the world’s government.

Even as the the industry has matured, culture remains a popular theme for the crypto space and has gained even more prominence with the rise of memecoins. There are memecoins representing almost everything, from dogs to cats, to science, and now to nationalism.

Therefore, the ideal behind NationFi memecoins is to give investors the chance to speculate on the future prospects of different countries and regions of the world. Basically, if a country’s economy is booming, the internet community may use the memecoin to reflect this trend.

At the same time, a country in a crisis or grabbing headlines for the wrong reasons will see the value of the related memecoin plummet. Granted, there are no guarantees that such an outcome will happen. However, the communities behind the memecoins attempt to sell this perspective and onboard more investors.

Worth mentioning is that these coins are in no way affiliated with the countries they claim to represent. Instead, they are created by crypto-native developers and communities.

Top NationFi Memecoins

Here are some of the largest NationFi memecoins by market value.

• American Coin ($USA)

The American coin, or so-called USA tokens, is the largest NationFi memecoin by market cap. This status periodically represents America’s position as the world’s most influential country. At the time of writing, American Coin has a fully diluted market cap of around $90 million, magnitudes more than its closest rival, China coin.

• China Coin ($CHINA)

The China coin ranks in second-place on the NationFi memecoin ranking, reflecting China’s growing economic power and status on the global scene. Nonetheless, a $7 million market valuation means that the country trails the American coin by a large mile and could have more potential upside in the future.

• France Coin ($FRANCE)

Coming in third place is the French coin, which has a value of approximately half of China coin, around $3.5 million. France coin has gained significant traction because of the country’s leading position on the global scene and boasts a decent following across social media.

Where Can I Buy These Tokens?

At the time of writing, the most popular memecoins under this category exist on the Solana blockchain because of its low fees and user-friendly nature. Therefore, you can buy NationFi memecoins on the following platforms:

• Jupiter
• Raydium
• Meteora

Should I Invest In NationFi coins?

Investors reserve the sole right to decide whether or not to invest in NationFi coins. Yet, it is worth noting that this trend only recently emerged in April 2024. Therefore most of these cryptocurrencies are still in their infancy, with most investors within and outside the cryptocurrencies still unaware of their potential.

The idea that NationFi coins will gain more prominence as world events evolve or during key events such as World Cups and other tournaments only exists in theory. Time must pass for these claims to be proven, and it is not clear whether this new sector will live up to expectations.

Meanwhile, history has shown over time that trends in the cryptocurrency industry may not last for a notable period. Hence, investors putting money into NationFi memecoins must weigh their risk appetite and invest only what they can afford to lose.