ITSELF
Trump's support for the cryptocurrency space has increased his popularity in the community, spawning many Trump-themed meme coins. MAGA is the most notable of them, with the highest market valuation. In 2024, it grew by more than 4,800%, becoming one of the best performing coins of the year. Cryptocurrency traders often use tokens such as MAGA to speculate on the outcome of the US presidential election. The MAGA (TRUMP) token has strong community support and still has great market potential despite the price correction.
PEOPLE
The success of PEOPLE Coin is supported by its large community, where members work together to promote the development of the project. The purpose of PEOPLE Coin is to achieve community autonomy and democratization through digital currency, thereby promoting community development and innovation. The ideal of this project is to give community members more control and participation rights, allowing them to better develop and manage the community. Fundamental news shows that the launch of the Ethereum ETF will have a profound impact on PEOPLE Coin, which is expected to explode with inestimable potential. With the launch of the ETF, the liquidity and scalability of PEOPLE Coin will be greatly improved, which will attract more investors and users and promote community development and innovation.
ZK
Although zkSync’s price has increased by more than 30% in the past few weeks, it is still nearly 37% below its all-time high. As of writing, ZK is trading near $0.197, up nearly 3.7% intraday.
Additionally, recent trading indicates an increase in demand, which could further push prices higher. According to Coinmarketcap, trading volume has surged by 35.98%.
zkSync is a layer 2 protocol designed to enhance Ethereum’s scalability using advanced zero-knowledge (ZK) technology. In addition to increasing Ethereum’s throughput, it aims to uphold the core principles of freedom, self-sovereignty, and massive decentralization.
The bullish trend will continue and the price could reach its all-time high of $0.30. The price is above the 20-day EMA and the RSI is at 58.4, which supports the positive trend and a bullish divergence is seen on the chart.
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