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Meme Coins to 10X as Trump Token Pumps After Public Endorsement

Meme Coins to 10X as Trump Token Pumps After Public Endorsement

Bitcoinist
by Bitcoinist
5 months ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The OFFICIAL TRUMP token plunged sharply after reaching a $69B market cap the day before the inauguration and causing political backlash.

While the all-time and monthly charts still look disappointing, $TRUMP recorded a 12% uptick on the daily chart after Mr. President endorsed it on his Truth Social account.

Trumo token price

Trump promised we’d never stop winning – at least we aren’t losing anymore.

In his usual exorbitant fashion, Trump wrote $TRUMP is ‘the Greatest of them all,’ followed by a number of exclamation marks that would make any editor shudder.

$TRUMP token briefly topped CoinGecko’s Top Gainers list and is now trading at $11.86. If the rally continues, investors might perceive $TRUMP’s revival as a sign of Trump’s pro-crypto policies finally working.

It’s worth noting that $TRUMP is 84% down from its all-time high of $75, and the pending April 18 token unlock might drive selling pressure.

Still, if Trump’s single post can spur price action and drive a broader meme coin rally ($NPC is up 26%, $GME 21.5%, $KEKIUS 18%), imagine the possible impact of new regulations favoring investors and crypto firms over watchdogs.

In light of this, we share three meme coins that could ride the hype wave of Trump’s next moves.

1. Solaxy ($SOLX) – Scaling Solana for the Next $TRUMP-Scale Rally

Solana is the meme coin blockchain. While some of the top meme coins like $SHIB are on Ethereum, Solana’s efficiency and no-code tools made it a go-to platform for new token launches.

The $TRUMP token is now the leading meme coin on Solana, followed by $BONK and $FARTCOIN. At its peak, $TRUMP’s 24-hour trading volume exceeded $21.9B, which led to network congestion and failed transactions.

Sadly, Solana isn’t ready to handle another $TRUMP rally. But Solaxy ($SOLX) could lend a helping hand.

Introducing the world’s first Solana Layer-2 network built on Ethereum’s rollup architecture, Solaxy aims to increase the mainnet’s throughput and reliability.

Solaxy presale

Essentially, Solaxy bundles transactions to process them off-chain and returns them to the main layer for verification. This takes a substantial burden off Solana’s shoulders.

The $SOLX token is the backbone of Solaxy’s ecosystem. Currently on presale, it costs $0.001672 and offers a 147% staking APY, which means those who buy $SOLX now can maximize returns if it hits the analyst-predicted $0.032.

2. BTC Bull Token ($BTCBULL) – Double Your Rewards in the Trump Crypto Era

There’s no guarantee you’ll win with the $TRUMP token, but BTC Bull Token ($BTCBULL) doubles your victory odds.

While Saylor goes all-in on $BTC, you can reap rewards twice through $BTCBULL’s airdrops.

The mechanism is simple: you buy $BTCBULL on presale, hold it in Best Wallet, and wait for $BTC to hit $150K, $200K, and $250K price targets. When this happens, you’ll receive $BTC and $BTCBULL airdrops directly into your wallet.

BTC Bull Token Roadmap 

$BTCBULL’s deflationary tokenomics model aims to maintain the bullish price action. Whenever $BTC’s price increases by $50K, the project team will permanently remove a portion of tokens from circulation to create scarcity.

$BTCBULL presale had impressive success with $2M raised on the first few days. Early investors hope to turn $BTCBULL into a cash cow that generates consistent passive income.

After $BTCBULL launches on exchanges, analysts see it reaching $0.00835, which is a realistic target given the current pro-crypto administration. This means now is the time to take the bull by the horns and get $BTCBULL at $0.002425 while it remains this cheap.

3. SPX6900 ($SPX) – $SPX Technical Analysis Points Toward $0.91 Target

SPX 6900 ($SPX) is one of the few meme coins that don’t dump after they pump.

After dipping to $0.31 in December, $SPX is on an upward trend again with a 57% weekly increase, now trading at $0.62.

SPX token price

Charts look promising as $SPX is confidently approaching the short-term resistance zone of $0.65. If it breaks above this level, it could be heading toward $0.91.

Neutral Relative Strength Index (RSI) and Stochastic Oscillators create fertile ground for a potential breakout, as the lack of overbought signals allows for further upward momentum.

This $SPX price prediction is reinforced by a positive value of the Momentum indicator and the Moving Average Convergence Divergence (MACD) line crossing the signal line.

Most importantly, the community is bullish. Some investors point out that ‘everybody will eventually buy $SPX at the price they deserve,’ hinting that the current price is undervalued and a massive, community-driven rally is on the horizon.

$TRUMP Token Creates Opportunities

Trump’s influence on the crypto market is evident, so investors are now watching closely for his next move.

The $TRUMP token might not be the next crypto to explode, but $SOLX, $BTCBULL, and $SPX offer alternative routes for those looking to capitalize on the current administration’s crypto-friendly stance.

As always in the volatile crypto market, timing and diversification are key – and with Trump at the helm, the meme coin sector may just be entering its most unpredictable chapter yet.

Remember to DYOR and keep a cool head.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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