US President-elect Donald Trump has launched his own meme coin, OFFICIAL TRUMP, just days before his inauguration.
The move sent shockwaves both through the crypto market and the political world. Crypto traders rushed in to buy, causing a price rally to its current high of $44.05. So, is this a good time to buy, or could alternative meme coins provide better gains?
TRUMP’s new Solana-based meme coin
Rumors have been circulating for a while about whether Trump would launch a meme coin, caused by speculation that Trump’s official team launched a Solana-based project called DJT in the summer.
However, practically no one expected the soon-to-be US president to launch his own official meme coin just days before taking office.
Trump unveiled the meme coin on X, explaining that it enables people to join his “very special community” and celebrate “winning.”
My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC
— Donald J. Trump (@realDonaldTrump) January 18, 2025
The OFFICIAL TRUMP website says it is “the only official Trump meme” and that 80% of the total supply is controlled by CIC Digital, an affiliate of the Trump Organization, along with a co-owned entity named Fight Fight Fight LLC
The allocation is under a three-year vesting schedule. This means that the team cannot just dump all of their tokens.
According to CoinMarketCap data, OFFICIAL TRUMP is up 541% today, currently trading at $44.05. It has an $8.8 billion market cap and a $10.56 billion 24-hour trading volume.
Traders Optimistic For $TRUMP Future
It was about to be the first time the US had ever had a pro-crypto president – but a president with his own meme coin was unfathomable until it was actually happening.
Forecasting what will happen in the coming weeks is difficult since we’ve never had a similar event. However, with Trump’s position of ultimate power, analysts suggest that this puts $TRUMP in a favorable position to keep gaining.
Crypto Bitlord suggests that $TRUMP will rally beyond $100, suggesting that the fact that most of the tokens controlled by Trump-related entities is highly bullish.
Do you understand that 90% supply of $TRUMP is locked with the president of the United States 🇺🇸
And people are fudding like he’s some jeet ? 😭 😂
BUY OR CRY UNDER $100
— Crypto Bitlord (@crypto_bitlord7) January 18, 2025
Meanwhile, Zinc dubbed this as “the craziest coin narrative possible,” suggesting that it would “go much higher.”
This is the biggest narrative in crypto history.
If you told me to come up with the craziest coin narrative possible 3 days ago, I’d say Trump making a solana memecoin. I actually still can’t believe it’s real.
I can’t think of anything crazier. $TRUMP will change the…
— Zinc (@zinceth) January 18, 2025
With Trump’s inauguration in one day, all eyes are on US politics and, thereby, OFFICIAL TRUMP.
There will likely be volatility, but a move to $100 in the coming week cannot be ruled out. This presents more than a 2x gain from its current price.
However, many crypto investors are disdainful for missing the life-changing opportunity to buy $TRUMP during its open hours.
Luckily for those disgruntled investors, other emerging meme coins are also showing the potential to explode.
These Meme Coins to Explode Next?
For traders looking for the next meme coins to explode, 3 promising tokens stand out – Wall Street Pepe, Solaxy, and Flockerz.
Wall Street Pepe is perhaps the hottest crypto presale on the market right now, raising a staggering $52 million within just two months.
The project takes inspiration from the WallStreetBets Reddit community, and aims to empower crypto traders with the tools needed to beat the market.
Wall Street Pepe will empower the little guy against the whales with alpha trading calls, signals, and degen plays. Its community – the $WEPE Army – will receive these benefits by holding $WEPE tokens. Tokens can also staked for 24% APY.
Standing out as the fastest growing ICO out there, Wall Street Pepe has everything required to explode. However, it’s now announced the presale will end in 28 days, so now’s the time to get in.
Another token that could benefit from the Trump crypto rally is Solaxy, which has raised over $11 million through its ongoing ICO.
The $TRUMP Solana meme coin has helped Solana’s price pump over 54% from this time last week, and Solaxy aims to expand the SOL network even further in 2025.
It will do this by creating the first Solana Layer-2 blockchain to help reduce the issues around congestion, speed, and high fees that the Solana network has experienced at times this year.
This groundbreaking utility has put Solaxy right at the top of many investors’ minds. The platform’s native meme coin, SOLX, is a cross between Pepe and Albert Einstein and can currently be staked for over 300% APY.
With $TRUMP lending a huge boost to the Solana network, Solaxy could be a smart investment to capitalize by getting in early.
Finally, the Flockerz meme coin has also been catching eyes of late, raising over $10 million through its ICO funding rounds.
At the heart of this project is a vote-to-earn DAO (referred to as Flocktopia) which puts power into the hands of its users.
The community will be able to vote on all decisions relating to the project’s future, and earn token rewards for doing so. This focus on governance looks particularly promising in the new Trump meme era.
The recent success of $PENGU has also lead some analysts to predict $FLOCK will be the next bird meme coin to pump.
However, there are just 3 days remaining in the presale, after which Flockerz will list on exchanges, so now is the time to get in at the lowest price.
