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Following Donald Trump’s endorsement of crypto for his potential subsequent time period, the TRUMP meme coin surges 83%, whereas different meme cash like Sealana and WienerAI additionally present promising features.
TRUMP, a meme coin paying homage to Former U.S. President Donald Trump, has soared in the present day. The transfer comes amid a broader memecoin rally, and newly launched tasks Sealana and WienerAI are additionally gaining tempo.
Donald Trump backs crypto, TRUMP coin worth surges
The previous U.S. president says he’ll embrace crypto in his subsequent presidential time period. “Crypto is transferring out of the U.S. due to hostility towards it. I don’t need that. If we’re going to embrace it, we must allow them to be right here,” he stated in a current rally.
Resultantly, the TRUMP worth has soared 83% this week, making it the second best-performing prime 100 crypto. Nonetheless, the highest performer is one other Trump-themed crypto, albeit with a notably smaller market cap.
Presently, TRUMP is buying and selling at $8.39, up 18% in the present day, 83% this week, and 74% this month. It holds a $369 million market cap and a $20 million 24-hour buying and selling quantity, up 67%.
Certainly, the token’s affiliation with Donald Trump forges a polarizing narrative, with worldwide market members now in a position to present help through the token.
The undertaking’s X account is leaning into this, lately saying that Trump’s ongoing presidential marketing campaign rallies will likely be “greater, higher, and stronger than ever earlier than.”
In the meantime, analysts are alluding to TRUMP’s political affiliation, and anticipate that it’s bullish for its worth. As an illustration, trippaflipp.eth underscores the undertaking’s “meta” of Donald Trump and likewise showcases its current worth motion power, forecasting an upcoming pump which is “going to be monumental.”
In the meantime, TheEuroSniper additionally nods to the token’s politician fixation, saying, “Vote TRUMP for features.” The analyst additionally cites its worth chart and highlights that it has lately begun to make larger highs and better lows following a pullback. This means the subsequent leg up could also be on the horizon.
TRUMP has taken heart stage within the meme coin circuit this week, however different tasks are additionally vying for memetic stardom. With that in thoughts, let’s have a look at different contenders that might carry out properly.
Sealana
Solana presales have fared one of the crucial profitable memecoin narratives in current months, and Sealana is the most recent rendition. Having raised over $700K up to now, this foul-mouth, South Park-inspired seal is hanging a chord with memecoin degens.
Whereas Sealana was as soon as a water-dwelling mammal, he swapped that life to chase memecoin riches and now resides in his mother’s basement, munching on canned tuna and chips whereas grinding DEXScreener for 18-19 hours per day.
The hilarious backstory completely encapsulates the rags-to-riches beliefs of degen memecoin tradition, making Sealana one in every of crypto’s hottest prospects. Sealana additionally lately launched on Ethereum, presenting much more potential for on-chain liquidity and group progress.
Prime analysts are bullish on the undertaking, with some saying it has 10x potential. The Sealana presale stays ongoing, however with no predetermined laborious cap, merchants should act quick or threat lacking out.
To be taught extra about this undertaking, go to the Sealana presale.
WienerAI
One other undertaking displaying immense potential is WienerAI, an AI-meme coin crossbreed that’s exploding in its presale. Having raised $1.7 million up to now, there’s little question that good cash is transferring in and securing its share of tokens.
Nonetheless, WienerAI’s playful sausage canine facade can be attracting the plenty. However beneath this memecoin exterior lies a cutting-edge set of AI algorithms that ship predictive, on the spot, noob-friendly, and MEV-resistant commerce execution.
As such, WienerAI is positioned on the intersection of crypto’s two largest traits, and that’s mirrored in its immense early success. Along with its spectacular complete elevate, main analysts favor the brand new undertaking. As an illustration, Michael Wrubel dubbed it the “prime AI meme coin for 2024.”
Presently, buyers should buy the WienerAI presale for $0.000706, however this worth will incrementally rise all through the marketing campaign, with the subsequent uptick in two hours.
To be taught extra in regards to the undertaking, go to the WienerAI presale.
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