Donald Trump likes to dip his toes into many business ventures – steaks, casinos, fake universities. His latest business project, a Trump coin ($TRUMP) hit the bottom running (500K in transactions in under 20 seconds!). But no before it did so, than $5M (38%) was wiped off the worth by the launch of Melania Trump’s coin – Melania ($MELANIA).
Obviously, they’re taking full advantage of Donald’s inauguration today as the following US President. But unlike her husband, Melania’s website told people that “her coin just isn’t intended to be an investment opportunity.” As an alternative, it’s prone to be her brutal way of getting revenge, ahead of her bringing out a $STORMY coin (Probably. Perhaps).
So must you buy $TRUMP or $MELANIA? That’s an issue for one more article. Right away, we must always have a look at the grifting that Trump’s crypto firm has been as much as.
World Liberty Financial Marks Up Their Own Coins By An Eye-Watering Amount
It’s not only Trump’s coin launch which is making the news. His crypto firm, World Liberty Financial, released 5B more of its own tokens, World Liberty Financial (WLFI), resulting from “overwhelming demand.” They’re responding to this overwhelming demand by marking those tokens up by 230%. He can now pay his attorneys and his court judgments.
It’s value noting that originally most US investors were barred from investing within the token, with the sale being open only to non-US residents. It’s believed that they didn’t want the SEC to return after them for illegal selling of securities. However it does make you wonder if this was the primary back door to purchasing foreign influence with President Donald Trump.
Some Other Top Meme Coins Are Jostling For Attention
With Bitcoin ($BTC) nearing $110K, and Ethereum ($ETH) also looking healthy, is that this the beginning of crypto exploding like a nuclear bomb? On condition that Trump has promised crypto-friendly policies, investors are hoping so, with one investor, Tron founder Justin Sun, about to extend his total investment in World Liberty Financial to $75M.
But there are also another top meme coins which you need to seriously have a look at, if you may have some crypto money to burn. Perhaps you don’t want to speculate within the Trump coin and be caught up in all of the hysteria?
Take a look at these five bad boys in your crypto wallet.
Wall Street Pepe ($WEPE)
Wall Street Pepe ($WEPE) is having an actual roller-coaster of a presale, with its popularity increasing, in addition to the token price. With lower than a month to go before the coin officially starts trading, it’s already hit $53M on this presales stage. Due to this fact, investors who jumped in in the beginning are taking a look at a really attractive return on their investment.
The staking APY is a still-respectable 24% and token holders can sit up for rewards resembling inside financial knowledge, often only reserved for whales and members of Congress. That is the one with probably the most potential that we’re really enthusiastic about here at Bitcoinist.
Solaxy ($SOLX)
Solaxy ($SOLX) is on a mission to enhance Solana, which is not any small commitment. The Solana blockchain is in a little bit of a large number straight away – transactions are slow and expensive, and the network is backed up, with ever-increasing gas fees. Some transactions even fail. So the system is in dire need of a lick of paint and a spit of polish.
So Solaxy is coming to the rescue. Using the Solaxy ($SOLX) funds, the Solana blockchain can be remade into Solana L2 (Layer 2). This can be a much improved system with faster, cheaper transactions that can trample Layer 1 into the dust.
The present token price is $0.001606 with a pleasant 305% staking reward. By buying into Solaxy, you’re investing in a greater sleeker blockchain that’s going to vastly improve buying and selling of crypto.
MIND of Pepe ($MIND)
The Pepe family are quite busy for the time being. While Daddy Wall Street is out scooping the massive bucks, his brother MIND of Pepe ($MIND) can also be showing what it will possibly do. Within the week that it’s been out, $MIND has raised just over $2.6M, which shows that Pepe frogs appear to have the Midas touch.
$MIND is just one in every of the best AI agent coins sweeping the crypto markets straight away. It guarantees crypto investment advice, based on “real-time hive mind intelligence.” Although it can apparently trove X.com for that intelligence, which makes you wonder how accurate that information can be.
But investors are still excited by the present token price of $0.0031635 and the staking APY of 781%. This is unquestionably one to get into, sooner relatively than later.
American Coin ($USA)
We’ll finish off by taking a look at two patriotic-themed meme coins. These kind of coins have rallied prior to now 24 hours, more than likely resulting from $TRUMP and $MELANIA’s sudden growth.
American Coin ($USA) has a bullish rating of 92% on CoinMarketCap. As you’ll be able to see from the chart above, it was form of underwater for some time after plummeting, nevertheless it’s now picking up again. You possibly can’t beat good old American patriotism to get a meme coin running again. Especially one called $USA.
$USA is currently trading at $0.00001529, with a complete market cap of just about $173M, and there’s no telling when it can return down into oblivion.
Milady Cult Coin ($CULT)
Milady Cult Coin ($CULT) is one other meme coin that’s doing thoroughly off the back of the Trump coin. It’s actually doing higher than American Coin, but its bullish rating on CoinMarketCap is simply 75% in comparison with $USA’s 92%. Perhaps that can pick up because the day progresses, and Trump gets into the Presidential limousine and starts talking about crypto on the inauguration?
Any coin called $CULT has to make you stop and think for a minute. Perhaps it was alleged to be called $MAGA they usually misspelled it? Regardless, $CULT is hopping along relatively well now at $0.003178, with a complete market cap of just over $335M.
Unlike Donald Trump, Don’t Invest What You Don’t Have!
We must always add the usual disclaimer that, straight away, there’s quite a lot of excitement and hype surrounding each the Trump coin, and the five alternative best meme coins profiled above. However it’s vitally necessary to maintain a cool head and a rational mind.
Before investing anything, do a lot of research and are available to your personal independent conclusion after weighing the professionals and cons. This just isn’t investment advice, and you need to never buy meme coins with oney you’ll be able to’t afford to lose. Also, there’s no such thing as a get-rich-quick scheme – just ask Donald.