21M News

The meme coin sector plummeted, led by sharp declines in $TRUMP and $MELANIA after inauguration day, sparking a seek for the perfect crypto to purchase now as buyers search extra promising alternatives.

The typical value of meme cash plunged nearly 24% prior to now 24 hours, whereas new Trump household meme cash Official Trump ($TRUMP) and Melania Meme (MELANIA) plummeted 39% and 67%, respectively, in keeping with CoinMarketCap.

Euphoria within the crypto business over the beginning of Trump’s second time period as president has given method to a downbeat temper after his inauguration day speech failed to say crypto in any respect. Trump’s first day in workplace additionally handed with no single reference to the crypto business.

Crypto property total plunged nearly 6% to a market capitalization of $3.53 trillion, and the search is now underway to search out cryptos that may carry out within the early, doubtlessly risky, days of the brand new Trump administration.

RAY Tops Gainers

Whereas TRUMP and MELANIA plunged all through the previous day of buying and selling, Raydium (RAY) was the highest performing main crypto with an 11% pump. It’s additionally surged 52% prior to now week. 

Ought to this optimistic momentum proceed, RAY may beat the all-time excessive of $16.93 that it set 3 years in the past, which might deliver a 55% acquire from the crypto’s present value.

Whereas RAY tries to achieve a brand new ATH, buyers may also wish to take into account shopping for into the presale for Finest Pockets (BEST). 

At present in its presale section, the venture goals to supply the final word custody resolution for crypto buyers, enabling them to handle, safe, and develop their digital asset holdings all from inside one app.

Constructed for simplicity, powered by innovation.

Finest Pockets is your all-in-one resolution for managing, buying and selling, and monitoring crypto. Unlock unique entry to highly effective instruments and ALPHA on the most popular new tasks! 🔥

Obtain Now 📲 https://t.co/he5kzra7TY pic.twitter.com/tk0loLzzId

— Finest Pockets (@BestWalletHQ) January 20, 2025

One standout characteristic is an Upcoming Tokens part that flags the most popular new crypto presales. There may be additionally a beautiful staking alternative on supply to anybody who buys and locks BEST tokens throughout this early stage, with a 236% Annual Share Yield up for grabs.

Frog-Themed Purple Pepe Tops Meme Coin Gainers

Meme cash plunged and frog-themed tokens noticed their collective market cap drop over 4% within the final 24 hours as leaders Pepe (PEPE), Brett (BRETT) and Turbo (TURBO) all suffered losses.

However PURPLE PEPE (PURPE) managed to buck this development to emerge because the top-performer within the sector with a greater than 66% value surge.

PURPE has been in a detrimental development over the previous couple of weeks, however the current surge was sufficient to flip its weekly efficiency again into the inexperienced. Now, the meme coin may return to the long-term development that has seen its value soar greater than 200% during the last yr. 

Just like RAY, PURPE’s present value is a good quantity away from its all-time excessive. Ought to PURPE attempt to attain a brand new peak, it may result in a 70% acquire for buyers that purchase into the meme coin now.

One other frog-themed token that’s gearing as much as enter the general public market is Wall Avenue Pepe (PEPE). WEPE is essentially the most profitable presale of the yr after elevating greater than $53.9 million and funds proceed to flood into its coffers. There are actually solely 26 days left earlier than it launches.

Crypto analyst and YouTuber ClayBro, who has over 134K subscribers, predicted that WEPE may doubtlessly skyrocket 100X after its launch.

Trump Household Meme Cash Worsen Solana Congestion That SOLX Is Designed To Repair

The Trump household’s current meme coin launches have sparked a surge of exercise within the Solana ecosystem, drawing a flood of recent buyers to the fast-growing blockchain.

Regardless of this inflow, the Solana value plunged greater than 8% within the final 24 hours, as buyers fear in regards to the community congestion that’s been worsened by a buying and selling increase triggered by TRUMP household meme cash that launched on the blockchain.

Whereas this buying and selling surge highlights Solana’s reputation and progress potential, and thus why it’s probably an excellent purchase proper now, it additionally underscores a serious concern: the community’s present lack of ability to deal with such a excessive quantity of transactions with out slowing down.

The congestion has already led to outages and delays for platforms like Coinbase and Phantom Pockets, and that is solely anticipated to worsen as extra meme cash launch. That is the place Solaxy (SOLX) steps in.

As a Layer-2 resolution, Solaxy is designed to ease Solana’s scalability challenges by offering a facet chain that operates alongside the primary community. Solaxy’s know-how will assist offload transaction processing, guaranteeing that Solana can proceed to scale with out the bottlenecks presently threatening its progress.

As Solana continues to dominate the meme coin area, and with talks of a 2025 meme coin supercycle gaining momentum, options like Solaxy will likely be essential for supporting the community’s long-term success.

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