Remember $TRUMP, Donald Trump’s meme coin that launched days before his inauguration as US president?
It peaked at $75 on January 19 and then took a dump to $39 the next day. It’s now $34.76 and isn’t showing any signs of recovery.
This doesn’t mean it won’t go back up – it might, but it could take some time. However, with Trump’s recent crypto executive order and the SEC’s rescinding of SAB 121, $TRUMP could pump sooner rather than later.
But until then, we’re looking at another meme coin in presale that’s showing stellar potential, Solaxy ($SOLX).
As the first Solana Layer-2 chain, it has a first-mover advantage that could propel it to the top of the crypto charts after listing.
Let’s discuss the context and how Solaxy could benefit and become the next meme coin to soar.
$TRUMP Token – A Presidential Pump and Dump or Volatility?
The OFFICIAL TRUMP token debuted on January 17, three days before Donald Trump’s presidential inauguration.
The news received more flak than praise, as many considered a meme coin launch to be unbecoming of the United States President.
We’re not here for politics, so we’ll address the impact it had on the crypto industry – very positive. The total crypto market cap benefitted greatly from $TRUMP’s launch.
The meme coin market cap also grew by $5B from January 17–19, followed by a significant dump on Inauguration Day (likely because Trump didn’t mention crypto or Bitcoin).
Still, there’s no denying that $TRUMP…dumped. Big time, even. From an all-time high of $75 all the way to $35 today, a 53.33% decrease.
But you also can’t deny the fact it’s stabilized at the $35–$40 level, even showing signs of upward potential every now and then.
This means one thing – investors haven’t lost hope. $TRUMP should still make a comeback. After all, it’s the one and only official Trump coin.
But if you’re looking for a more optimistic alternative and the next meme coin to soar, Solaxy might be just what you need.
Solaxy Presale Raises $13.9M and Promises to Remake Solana
The coin launched on Ethereum but seamlessly bridges to Solana, which means you’re getting the best of both worlds in one project.
Solana is known for its network congestion and failed transactions, but Solaxy aims to fix that through robust liquidity, scalability, speed, and performance. Here’s how:
- Off-chain processing: By offloading transactions to the Layer-2 chain, Solaxy can reduce the burden on Solana, ensuring smooth and fast operations.
- Transaction bundling: Processing transactions in bundles rather than individually can optimize scalability, keep costs low, and improve throughput.
- Layer-1 settlement: By finalizing the transactions on Solana’s mainnet, Solaxy gains the blockchain’s robust security, ensuring user fund safety.
The presale has raised over $13.9M so far, with a token price of $0.001612. Investors have also staked over 4.1B tokens with a 275% staking APY.
In our Solaxy price prediction, we estimated it could reach $0.032 by the end of 2025, a 1,885% increase from its current price.
Given its first-mover advantage, $SOLX is showing clear potential, even when compared to other top meme coins on the market.
To buy it, go to the presale website, connect your wallet, and purchase $SOLX using one of the supported currencies.
But remember, this is no financial advice, and investing in meme coins always carries risks. Do your own research and understand that you can always lose your investment if volatility doesn’t play in your favor.
