Ambush, Trump’s inauguration market, concept coins.
1. On January 20, Trump takes office, and we ambush in advance.
The U.S. President-elect will attend the U.S. presidential inauguration on January 20. This is the first U.S. president elected who supports cryptocurrency, and Trump’s team includes several pro-crypto politicians, such as the new SEC Chairman Paul Atkins, the first White House Director of Artificial Intelligence and Cryptocurrency David Sacks, and one of the directors of the Department of Efficiency, Elon Musk, among others.
With this significant event, which related crypto projects' tokens and meme coins might be worth paying attention to and positioning? In this article, PANews outlines a series of potential concept coins and meme coins based on the key personnel relationships in Trump’s new government.
Inspired by Trump’s concept, the meme coins MAGA (TRUMP) and MAGA Hat (MAGA) have already become the leading tokens of American concept meme coins. As of January 6, MAGA (TRUMP) and
MAGA Hat (MAGA) increased by 20.82% and 12.12% respectively in one day.
MAGA (TRUMP)
At the end of February last year, MAGA (TRUMP) saw significant gains, benefiting from the overall upward trend of the meme coin market at that time. At the end of May 2024, due to Trump’s supportive comments on cryptocurrency and the influence of the Trump NFT dinner, TRUMP surged again, reaching an all-time high of $17.51 on June 1.
Current price: $3.12. Current market value: $141 million.
MAGA Hat (MAGA)
The MAGA hat was launched by Trump during the 2016 presidential campaign. It features the campaign slogan “Make America Great Again” in white capital letters on a red background. Since then, it has become a symbol of Trump’s MAGA movement.
Current price: $0.0001123.
Current market value: $46.12 million.
In addition, there are a number of tokens related to the Trump family's DeFi project WorldLiberty Financial worth paying attention to, such as the ETH, cbBTC, LINK, AAVE, ENA, ONDO, etc., that the project has recently purchased in large quantities.
There will also be some related figures' coins, so stay tuned for my next article update.