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After Donald Trump endorsed cryptocurrencies during his potential next term, the Trump meme rose 83%, while other meme coins like Sealana and WienerAI also showed promising gains.
Trump, a meme coin honoring former US President Donald Trump, rose today. The move comes amid a broader rise in memecoins, as newly launched projects, such as Sealana and WienerAI, gain momentum.
Donald Trump supports cryptocurrencies, and Trump coin prices rise
The former US president says he will embrace cryptocurrencies in his next presidential term. “Cryptocurrencies are moving out of the US because of hostility towards them. I don’t want that. If we want to accept them, we have to let them here.” He said On a final walk.
As a result, Trump's price has risen by 83% this week, making it the second best performing 100 cryptocurrency. However, the best-performing coin is another Trump-themed cryptocurrency, albeit one with a significantly smaller market cap.
Currently, Trump is trading at $8.39, up 18% today, 83% this week, and 74% this month. It has a market capitalization of $369 million and a 24-hour trading volume of $20 million, up 67%.
In fact, the token's association with Donald Trump constitutes a polarizing narrative, as international market participants are now able to show support via the token.
The project's X account has been leaning towards this lately saying Trump's ongoing presidential campaign rallies will be “bigger, better and stronger than ever.”
Meanwhile, analysts are hinting at Trump's political affiliation and predicting that it is bullish relative to its price. For example, trippaflipp.eth Underscore Donald Trump's “Meta” project also showcases the strength of recent price action, and predicts an upcoming pump that “is going to be massive.”
Meanwhile, TheEuroSniper also points out the political focus on the token, saying“Vote for Trump for the gains.” The analyst also cites his own price chart and highlights that it has recently started making higher highs and higher lows after a pullback. This suggests that the next stop higher may be on the horizon.
Trump took center stage on the coin circuit this week, but other projects are also vying for stardom. With that in mind, let's look at other contenders that could do well.
New Zealand
Solana pre-sales have generated one of the most profitable memecoin narratives in recent months, and New Zealand It is the latest delivery. Having raised more than $700,000 to date, this saucy South Park-inspired stamp is striking a chord with the mimkin breeds.
While Sealana was once a mammal living in the water, he traded that life to chase the riches of the Mimquin and now resides in his mother's basement, eating canned tuna and potato chips while grinding DEXScreener for 18-19 hours a day.
The hilarious backstory perfectly encapsulates the ideals of the rags-to-riches degen memecoin culture, making Sealana one of the hottest prospects in the cryptocurrency space. Sealana also recently launched on Ethereum, offering greater potential for cross-chain liquidity and community growth.
Senior analysts are optimistic In the project, some say it has 10x potential. The Sealana pre-sale is still ongoing, but with no pre-determined hard cap, interested traders must act quickly or risk missing out on the opportunity.
To learn more about this project, Visit Sealana's preview gallery.
WienerAI
Another project that shows huge potential is… WienerAI, an AI-powered and meme-powered hybrid currency that is exploding in pre-sale. Having raised $1.7 million so far, there is no doubt that the smart money is moving in and securing its share of the tokens.
However, WienerAI's playful sausage dog interface is also attracting audiences. But underneath this memecoin exterior lies a sophisticated set of AI algorithms that provide predictive, instantaneous, crypto-friendly, and MEV-resistant trade execution.
As such, WienerAI is positioned at the intersection of the two biggest cryptocurrency trends, and this is reflected in its massive early success. In addition to the impressive total increase, senior analysts favor the new project. For example, Michael Froebel Dubbed It is the “Best AI Meme Coin of 2024.”
Currently, investors can purchase the WienerAI pre-offer for $0.000706, but this price will rise gradually throughout the campaign, with the next rise in two hours.
To learn more about the project, Visit the WienerAI preview.
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