Original Author: Weilin, PANews
The incoming President of the United States, Republican Trump, will attend the presidential inauguration in 13 days, on January 20. He is the first U.S. president to support cryptocurrency, and several politicians in Trump's circle also support cryptocurrency, including the new SEC chairman Paul Atkins, the first White House AI and cryptocurrency director David Sacks, and Musk, one of the heads of the Department of Government Efficiency, among others.
With this significant event, which related crypto projects and meme coins might be worth paying attention to and laying out? In this article, PANews has sorted out a series of potential concept coins and meme coins based on the core relationships of Trump in the new government.
(Note: This article does not constitute any investment advice, meme coins are highly volatile, and users are encouraged to do their own research DYOR.)
Trump Related Concepts
Inspired by the Trump concept, meme coins MAGA (TRUMP) and MAGA Hat (MAGA) have become the leading tokens in the U.S. meme coin concept. As of January 6, MAGA (TRUMP) and MAGA Hat (MAGA) rose by 20.82% and 12.12%, respectively, in one day.
MAGA (TRUMP)
At the end of February last year, MAGA (TRUMP) saw a significant rise, benefiting from the overall uptrend in the meme coin market at that time. At the end of May 2024, due to Trump's supportive comments on cryptocurrency and the impact of the Trump NFT dinner, TRUMP rose sharply again, reaching an all-time high of $17.51 on June 1.
Current Price: $3.12
Current Market Cap: $141 million
MAGA Hat (MAGA)
The MAGA hat was launched by Trump during the 2016 presidential campaign. It features white capital letters on a red background with the campaign slogan 'Make America Great Again.' Since then, it has become a symbol of Trump's MAGA movement.
Current Price: $0.0001123
Current Market Cap: $4.612 million
In addition, there are a number of DeFi projects related to the Trump family and World Liberty Financial that are worth noting, such as ETH, cbBTC, LINK, AAVE, ENA, ONDO, which the project has recently bought in large quantities.
Musk Related Concepts
Dogecoin DOGE
Due to its abbreviation being the same as the Department of Government Efficiency that Trump is about to lead, DOGE has become a potential layout target. Additionally, Musk himself is also a loyal fan of Dogecoin.
Current Price: $0.3827
Current Market Cap: $56.4 billion
Department Of Government Efficiency (DOGE)
A meme coin with the same name as the abbreviation for the Department of Government Efficiency
Current Price: $0.2319
Current Market Cap: $227 million
Peanut the Squirrel (PNUT)
PNUT is a meme coin based on a squirrel pet, which was euthanized by the New York Environmental Protection Agency due to rabies. On the first weekend of November last year, PNUT became the focus of speculation among degens, with its market cap exceeding $100 million in one day. Musk joined the memorial event and tweeted multiple times, which turned into an attack on the Democrats. Musk tweeted on November 13 that 'America was saved by a squirrel and meme coins,' which triggered a surge in PNUT.
Current Price: $0.7361
Current Market Cap: $734 million
Kekius Maximus (KEKIUS)
On December 31, 2024, Musk changed his Twitter avatar to an image resembling the Pepe frog and renamed himself Kekius Maximus, which attracted widespread attention. Musk also mentioned that he would name a new character in the game (Path of Exile) Kekius Maximus. Netizens speculate that the name Kekius Maximus is related to Pepe Meme culture. On January 2, Musk's X account's frog avatar and 'Kekius Maximus' nickname were changed back to his real name, causing a decline in related concept coins.
Current Price: $0.09975
Current Market Cap: $103 million
White House AI and Cryptocurrency Director David Sacks Related Concepts
White House AI and Cryptocurrency Director, David Sacks, was a co-founder of PayPal and is one of the well-known members of the 'PayPal Mafia' and a close friend of Musk. There are reports that Sacks himself is also a supporter of SOL.
dYdX (DYDX)
dYdX is one of the projects funded by Craft Ventures, founded by David Sacks. On December 6, 2024, following Sacks' appointment, DYDX rose by 30%.
Current Price: $1.60
Current Market Cap: $1.15 billion
Handshake (HNS)
Handshake is also one of the projects funded by Sacks' company Craft Ventures.
Current Price: $0.01011
Current Market Cap: $6.51 million
0x Protocol (ZRX)
David Sacks is an advisor to the 0x Protocol, whose token is ZRX.
Current Price: $0.5336
Current Market Cap: $453 million
In addition, meme coins related to Sacks himself include David Sacks (SACKS), with a current market cap of $549,900; and Crypto Czar (CZAR), with a current market cap of $396,000.
In addition, there are MOOSE and GUS, two meme coins related to David Sacks' pet dog. Sacks has interacted with Moose and mentioned Gus on the X platform. MOOSE currently has a market cap of $1.3 million, and GUS has a market cap of $36,000.
New SEC Chairman Paul Atkins Related Concepts
Reserve Rights (RSR)
Paul Atkins previously served as an advisor to the Reserve protocol, so RSR is considered linked to him. On December 4, 2024, RSR surged by 88% due to rumors that Atkins would become SEC chairman.
Current Price: $0.017
Current Market Cap: $896 million
