This weekend, the crypto market was buzzing with the launch of two new cryptocurrencies, $TRUMP and $MELANIA. Since its launch, meme coin $TRUMP has skyrocketed. Today, it ranks among the top most valuable new cryptocurrencies, third among meme coins, with a capitalization of around $9.3 billion and a price tag under $50. That’s despite previously reaching a price of over $75 with a total value of $15 billion.
The token’s official website includes disclaimers stating that the cryptocurrency is intended solely as “an expression of support for Trump’s ideals” and “not an investment opportunity.” A similar disclaimer was also published on the $MELANIA token website.
The launch of these new cryptocurrencies has sparked a wave of accusations and skepticism from investors, who believe that the future president could leverage the support of his followers for personal financial gain. According to information on the official $TRUMP token page, 80% of the tokens and trading revenue is owned by CIC Digital, a Trump business subsidiary.
Immediately after the launch of these new cryptocurrencies, altcoins experienced extremely high volatility caused by massive sales of alternative assets and the redirection of funds to the two tokens. Subsequently, the market recovered into the green trading zone, and Bitcoin even reached a new all-time high of over 109 thousand dollars. Presale projects such as Solaxy and MIND of Pepe also capitalize on market optimism, attracting significant investments.
Important: This article is not investment advice. Investing in pre-sale cryptocurrencies is extremely risky. Before investing in crypto projects, analyzing each project individually, understanding the associated risks, and drawing conclusions about their profitability is essential.
Solana soars over 50% after the debut of two new cryptocurrencies
While there is skepticism among investors about the revenue distribution as well as the legitimacy of $TRUMP tokens, one thing is clear. According to crypto analysts, it could become an important catalyst for crypto market growth. Especially if these increases are supported by favorable regulations promoted by Trump during his election campaign.
Such regulations could lend legitimacy to cryptocurrencies, encouraging celebrities to promote them and attracting an increasing number of market participants, including for riskier coins. Experts argue that the US president’s decision to launch a meme currency on Solana is a positive factor for blockchain. It highlights some basic features of the Solana blockchain, such as high transaction speed and low costs. Thus, it’s no wonder why SOL hit an all-time high of $294 right after the launch of TRUMP.
Solaxy picks up speed in pre-sales thanks to SOL price increase and $TRUMP token
Now that the Solana blockchain is in the investor spotlight, users believe SOLX may be the next x100 coin. This prediction comes after Solaxy will be the first Layer 2 solution on Solana. Solaxy is making waves with its pre-sale, raising over $12 million in capital.
The project aims to solve Solana’s problems, particularly following the rise in popularity of meme coins and the debut of the $TRUMP token. The project’s developers seek to enhance network efficiency, significantly improving Solana’s scalability.
The $SOLX pre-sale represents an exclusive opportunity to purchase tokens at the best price while supporting the project’s funding. As the pre-sale progresses, the price will gradually increase. New cryptocurrency investors can earn additional rewards by staking their tokens. This makes Solaxy one of the popular new cryptocurrencies with post-listing potential.
After the pre-sale, $SOLX tokens will be available for trading on centralized and decentralized exchanges. Tokens staked and tokens purchased during the pre-sale period will be ready for claim once the token is officially launched.
MIND of Pepe pre-sale raises over 2.6 million dollars
MIND of Pepe is the new cryptocurrency launch that has generated a lot of excitement around it. Its outstanding feature is the AI agent acting as an expert in the cryptocurrency field. It analyzes market trends and joins online conversations in the crypto community.
The project has interesting functionalities for users. MIND of Pepe collects and processes large amounts of data to provide real-time information to $MIND holders. It participates in discussions, influences trends, and identifies high-value opportunities across all platforms.
Thus, $MIND token holders will have exclusive access to insider information about new cryptocurrencies and emerging market trends. However, AI agent predictions and opinions are not investment advice. The project focuses on providing useful information using artificial intelligence to help investors navigate the complex cryptocurrency space.
The $MIND token can be purchased for $0.0031635. Purchasing $MIND tokens is very easy. The platform allows users to purchase tokens via the official presale page, a digital wallet, or the Best Wallet app.
MIND of Pepe offers diverse payment options, including bank cards, though a digital wallet is required for processing. Pre-sale participants enjoy additional perks, including access to its exclusive staking protocol and the chance to earn passive rewards with a dynamic APY of 773%.