How Trump’s Victory Impacts the Future of Crypto Markets
Trump’s victory sends cryptocurrencies over the profit edge – which tokens could be next in line for profits?
Donald Trump is officially the new president of the United States and the news has already led to some impressive surges in the market – but will it happen in the upcoming months?
Bitcoin broke the$75,000 resistance point and is still going strong, while meme coins like Dogecoin and Shiba Inu are also starting to surge due to Elon Musk’s involvement in the campaign.
With this new meme coin surge, it’s possible that trending meme ICOs could also play a role and bring gains in the following period.
Tokens like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM) are particularly interesting because of their fundraising success.
Let’s check out all the details below.
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Trump’s Presidential Victory Pushes BTC to a New ATH – What’s Waiting for Investors in the Future?
Bitcoin skyrocketed to an all-time high on November 6 according to data from CoinGecko, with many talking about what President-elect Donald Trump’s victory might mean for the future of crypto.
In early trading, Bitcoin surged by 8%, reaching a peak above $75,000—a new record that left the previous March high in the dust. By Wednesday afternoon, Bitcoin had climbed even higher, crossing the $76,000 mark and holding onto most of those gains.
Other big-name cryptocurrencies joined in, with Ethereum—the second-largest cryptocurrency—rising 8% from Tuesday night through Wednesday morning, then tacking on another 8.5 percent by Thursday afternoon.
Dogecoin, often spotlighted by billionaire Elon Musk, who’s a vocal Trump supporter, saw an impressive spike of up to 29%. However, the meme-based coin lost much of those gains on Wednesday and Thursday.
Trump’s positions on deregulation, tax cuts, and a move away from centralized banks like the Federal Reserve have sparked hope among crypto advocates. Many see his support for high-risk assets as a key factor behind the recent rally.
In the next couple of weeks, it’s possible that we will also see meme coins make a comeback, particularly those that have reached milestones even before the elections.
Below, we’ll break down some choices that are popular right now.
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Pepe Unchained ($PEPU) Is a Popular $25.5M Presale Meme Coin Using a Layer-2 Blockchain
Pepe Unchained ($PEPU) is a new ICO in the meme coin scene and it’s combining the iconic Pepe meme with real utility. Its ongoing presale has managed to raise over $25.5 million fairly quickly.
At its core, the “Pepe Chain” Layer-2 technology tackles common issues with meme coins, such as slow transaction speeds and high fees, claiming to be much faster than Ethereum while keeping costs lower.
For those interested in staking, $PEPU offers a 94% annual yield, a solid opportunity for passive income for newcomers and seasoned investors.
Well-known crypto influencers, like Austin Hilton (300k+ YouTube subscribers), have pointed to $PEPU as a major presale launch to watch.ClayBro has also emphasized its potential in the meme coin market this quarter.
Crypto All-Stars ($STARS) Is Launching a “MemeVault” Special Feature for Meme Coin Staking
Crypto All-Stars ($STARS) entered the scene in August 2024 with an interesting concept – its MemeVault platform. The project’s presale has pulled in over $3.1 million since then, which is a huge milestone for a newly launched ICO.
With MemeVault, holders will be able to stake well-known meme coins—Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE)—to earn rewards. There is currently a 498% APY for those who get in, but this percentage will get down as participation gets stronger.
The project prioritizes security and has taken steps to reassure investors, with smart contracts audited by firms like SolidProof and Coinsult. The popular YouTube channel, 99Bitcoins, has also made a video on how $STARS has a potential to bring profits after listing.
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Flockerz ($FLOCK) Is a Decentralized Meme Coin with Vote-to-Earn Features
Flockerz ($FLOCK) is a meme coin project that focuses on getting the community actively involved through its Vote-To-Earn (V2E) setup.
Launched in September 2024, it gives token holders a say in project decisions, so they can earn rewards for their participation.
The project runs on FlockTopia, a decentralized autonomous organization (DAO) where every holder’s vote plays a role in shaping the project’s future.
This model aims to keep control more balanced among all participants. To encourage staking, Flockerz has allocated 25% of its total token supply, offering up to a 1,331% annual percentage yield (APY) for those who stake their tokens.
Additionally, another 25% of the token supply is set aside for the DAO Vault to reward active voters, while 20% goes toward marketing efforts to grow the community.
TodayTrader, a YouTube crypto analyst, says that Flockerz is a token that investors should keep an eye on in the next few weeks.
FreeDum Fighters ($DUM) Is a Political Meme Coin ICO with Election-Themed Satire
FreeDum Fighters ($DUM) is a meme coin project that playfully satirizes the 2024 U.S. presidential election through its two fictional robotic candidates – MAGATRON and Kamacop 9000.
The $DUM presale has pulled in over $450,000 as of early November 2024.
In this project, users can stake their $DUM tokens to support their favored candidate and earn rewards for their engagement. FreeDum Fighters also runs weekly community debates and polls, with those who back the winning side receiving extra $DUM tokens through airdrops.
As the meme coin market cap reportedly nears $74 billion (CoinGecko), $DUM has a chance to make a mark if its current momentum continues into its listing.
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Conclusion
The recent election results are being viewed as a big moment for the future of cryptocurrencies, with Donald Trump’s win sparking a noticeable uptick in market activity.
Right now, upcoming presales like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM) present a chance to add some diversity to a crypto portfolio.
For those interested, it may be worth looking into these projects now before presale prices potentially rise and the tokens start getting listed.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article
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