The post Best Meme Coins to Buy Now Before Donald Trump Potentially Hires Elon Musk In November appeared first on Coinpedia Fintech News
The United States presidential elections are heating up – so Donald Trump is calling in Elon Musk.
A Reuters reporter recently asked if he would hire the business mogul, “He’s a very smart guy,” he responded. “I certainly would, if he would do it, I certainly would. He’s a brilliant guy.”
And Musk is seemingly up for the job, responding on X with a crypto meme and a comment, “I will serve.”
It’s a typical Musk response, but it highlights a very crucial matter:
Both Trump and Musk are crypto-friendly. Moreover, they’re both linked to meme coins. We all know about Musk’s 2021 affair with Dogecoin, but it also seems that Trump’s son is deep inside the meme coin rabbit hole as well.
The Trump-Musk coalition could create a meme coin season more powerful than any we’ve seen before.
With that, let’s look at the best meme coins to buy now.
PlayDoge
If Elon Musk takes a seat at the White House, doge-themed cryptos will hit record heights.
He’s never hidden his admiration for Dogecoin and its lighthearted approach to democratizing finance, and who knows – it could even influence his policies.
While this could be good for all Doge-themed meme coins, PlayDoge is at a favourable juncture right now, which could allow expedited growth.
It’s a Play-to-Earn meme coin currently undergoing a presale. However, the presale ends in three days and then it will launch on exchanges.
So, as the elections wrap up, $PLAY will be in its first couple of trading months. That’s perfect timing for big gains.
PlayDoge is a pet companion game where users earn $PLAY tokens to engage with their pets and complete minigames. It’s akin to 90s hit Tamagotchi, except with a meme coin allure, P2E dynamics, and gameplay upgrades.
The PlayDoge presale has raised over $6 million so far.
MAGA
If Trump wins, MAGA could take off.
It’s a meme coin paying homage to the former president, and it’s been on a tear recently.
Currently, MAGA is trading at $3.65, up 20% today and 27% this week.
The project has a $160 million market cap and a $6.7 million 24-hour trading volume.
Its recent rally pushed it to the top 20 meme coins by market cap.
Trump has taken a pro-crypto stance in his ongoing campaign, even teasing an official crypto platform.
As such, his support among crypto enthusiasts is continually rising, and MAGA is well-positioned to capture this attention.
Interestingly, unlike other meme coins, MAGA seems to take a more political focus. This has prevented it from receiving exchange listings, but it could make it more appealing to Trump fans.
Today we've donated $5,042 to National Veteran Homeless Support and Operation Underground Railroad. This is our 53rd consecutive week of making donations now totaling 571.83 $ETH ($1,807,775 in USD).@nvhs @OURrescue pic.twitter.com/tAXmIF8Lb9
— MAGA Memecoin (@MAGAMemecoin) August 18, 2024
Crypto All-Stars
A bet on Crypto All-Stars is like a diversified bet on the entire meme coin space.
That’s because the team is building a critical piece of meme coin infrastructure: the first unified staking protocol.
Users will be able to stake meme coins from any blockchain, earning passive rewards without lifting a finger.
Staking is a tool that bolsters cryptocurrency supply and demand dynamics, adding long-term price stability and growth.
However, it’s mainly foreign to the meme coin industry, with most tokens still having zero utility outside of speculation.
But this all changes with Crypto All-Stars.
They’re dubbing the unified staking system “MemeVault,” and it’s expected to house all the heavy hitters, including Dogecoin, Shiba Inu, and Pepe.
Users must hold $STARS to access the platform, which could create massive demand.
The MemeVault has yet to launch, but $STARS staking is live and currently provides a 2,100% APY.
Crypto All-Stars is undergoing a presale and has raised $680K so far. Investors can buy $STARS for $0.0013966, but this price will rise throughout the campaign.
Dogecoin
If Musk gets a position in Trump’s cabinet, then Dogecoin will be the first to run.
In 2021, the Dogecoin community even slated Musk as the “Doge Farther” due to his central role in its rise to an $89 billion market cap.
And at this point, we should underscore Musk’s eternal flirting with Dogecoin.
For instance, his response to Trump’s call, where he said he’s “Willing to serve,” included an AI-generated image of him at the podium of the “Department of Government Efficiency.”
Or in shorthand – D.O.G.E.
I am willing to serve pic.twitter.com/BJhGbcA2e0
— Elon Musk (@elonmusk) August 20, 2024
And let’s face it. Musk would probably like nothing more than to shill Dogecoin from the White House.
With that, investing in Dogecoin could be a good idea ahead of his potential new role in November.
Right now, DOGE is trading at $0.1, up 0.7% today, 5.5% this week, and down 23% this month.
It holds a $15 billion market cap and a $374 million 24-hour trading volume.
Base Dawgz
While Dogecoin could benefit from Musk’s White House role, its $15 billion market cap often drives people to seek out newer alternatives with higher upside potential like Base Dawgz.
This doge-themed token has some serious upgrades – not least is its multichain functionality.
Base Dawgz is available on five top chains – Ethereum, Solana, Base, BSC, and Avalanche.
Unlike most cryptos, Base Dawgz is not tied to the performance of a single chain.
It can draw liquidity from across the industry.
The project also boasts a staking mechanism and a refer-and-earn scheme.
While staking bolsters its long-term potential, refer-and-earn offers a unique way for community members to earn while organically growing the project.
That’s a lot of advantages over first-gen meme coins like DOGE, and people can’t get enough.
The project is in its presale and has raised $3 million so far.
Investors can buy $DAWGZ for $0.008173, but this price will rise in four days.
