Price: $0.38594 2.1478%
Market Cap: 56.69B 1.7502%
Volume (24h): 8.27B 0.4%
Dominance: 1.7502%
Price: $0.38594 2.1478%
Market Cap: 56.69B 1.7502%
Volume (24h): 8.27B 0.4%
Dominance: 1.7502% 1.7502%
  • Price: $0.38594 2.1478%
  • Market Cap: 56.69B 1.7502%
  • Volume (24h): 8.27B 0.4%
  • Dominance: 1.7502% 1.7502%
  • Price: $0.38594 2.1478%
Home > Information news > Trump’s Win in the US Could be a Catalyst for the Next Crypto Bull Run: How Memecoins Stand to Gain

Trump’s Win in the US Could be a Catalyst for the Next Crypto Bull Run: How Memecoins Stand to Gain

Release: 2024/11/08 01:48 Reading: 753

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/672cf1eded88be1d4190937e

Trump’s Win in the US Could be a Catalyst for the Next Crypto Bull Run: How Memecoins Stand to Gain

Trump's Pro-Crypto Stance Sparks Bull Run Expectations

Trump's reelection triumph has ignited optimism within the cryptocurrency community. The market anticipates a surge in crypto asset prices, fueled by his previous pledges to promote crypto adoption and establish a strategic national crypto stockpile.

DeFi and Memecoins to Dominate the Bull Run

Unlike the 2021 bull run, which primarily revolved around Bitcoin, this rally is expected to be led by decentralized finance (DeFi) and memecoins.

Memecoins: A Growing Force

A report by CoinGecko suggests that memecoins, particularly those on the Solana blockchain, along with AI, emerged as prominent crypto themes in Q3 2024.

Memecoins have gained traction due to their unique blend of humor and fear of missing out (FOMO), referencing recent pop culture trends. They are often characterized by strong community support and have demonstrated significant returns.

Solana memecoins have gained prominence due to Solana's high transaction throughput and low costs.

Top 3 Memecoin Picks

FOMO.fund ($FOMO)

FOMO.fund is a Solana-based memecoin launchpad that has recently announced the world's first AI agent launchpad on Solana, combining the trending memecoin and AI sectors. It allows users to create tokenized AI agents that can perform various tasks, engage with social media, and create content. FOMO.fund is currently conducting a presale, offering 15% of the total $FOMO supply to early investors.

Pepe Unchained ($PEPU)

Inspired by the popular internet meme, $PEPU recently concluded a presale that raised $23 million. It introduces a layer-2 blockchain solution, adding functionality to the traditional appeal of memecoins.

Popcat ($POPCAT)

A cat-themed memecoin, $POPCAT has gained rapid popularity. It has been listed on Binance Perpetuals and is rumored to be considered for listing on Coinbase and Binance Spot, indicating potential for significant returns.

Note:
Early investments in $FOMO offer the potential for explosive growth due to its status as a new project. However, it is recommended to conduct thorough research before investing.

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