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Cryptocurrency News Articles

5 Best ERC20 Tokens to Buy as President Trump Begins His Reign

Jan 20, 2025 at 09:50 pm

One of the last things President-elect Trump did before his inauguration was invest $48 million in Ethereum. This has seen the ETH price rise

5 Best ERC20 Tokens to Buy as President Trump Begins His Reign

President-elect Donald Trump made a last-minute move before his inauguration by investing $48 million in Ethereum, which has seen the ETH price rise now up 10% from this time last week.

This is while Bitcoin has recorded a new all time high of $109,000.

With that, there’s immense excitement surrounding what this could mean for the future of the Ethereum ecosystem as Trump begins his presidential reign.

If you want to capitalize on this momentum, here are five of the best ERC20 tokens to buy now.

1. Wall Street Pepe ($WEPE)

Wall Street Pepe helps users get an edge in the cryptocurrency market by providing institutional-grade data insights.

$WEPE holders get an insider trading group, trading signals, staking, meme coin picks, and trading rewards.

The meme coin narrative dominated in 2024, and judging by the launch of Trump’s own meme coin, the same will likely occur in 2025. Wall Street Pepe leverages the Pepe meme coin within its ecosystem, aiming to draw more attention to the project. It’s a clever blend between utility and meme coin.

The $WEPE presale has raised $52 million so far. However, the campaign will end in 27 days, and then $WEPE will list on the open market. Given its presale success, its exchange debut could well see huge demand.

2. Aave (AAVE)

Aave is the leading decentralized finance (DeFi) protocol by total value locked.

Trump’s DeFi project World Liberty Financial is built using Aave technology, signaling that it’s well-positioned for any positive actions the soon-to-be president takes within the crypto industry.

World Liberty Financial also holds 6,137 AAVE tokens, currently worth $1.91 million.

If Trump continues to make moves in crypto, which seems inevitable at this point, Aave will undoubtedly do well.

Amidst the recent mania caused by Trump’s new TRUMP OFFICIAL meme coin, Aave was among the best performers.

It’s currently trading at $317.63, up 1.6% today, 12.9% this week, and down 5% this month. It holds a $4.78 billion market cap and a $1.23 billion 24-hour trading volume.

3. Meme Index ($MEMEX)

Meme Index is a groundbreaking platform for meme coin index investments, offering users effortless and diversified access to the meme coin market.

The platform offers four baskets of meme coins, grouped by volatility. The low-volatility basket contains the top 10 meme coins with a market cap above $1 billion. These will include Dogecoin, Shiba Inu, TRUMP OFFICIAL, Pepe, and more.

Meanwhile, the highest volatility basket contains micro caps, tokens with higher upside potential but also higher risk.

The benefit of indexes is that they spread the risk as compared to investing in a single meme coin.

Users must hold $MEMEX to access the platform, and this also gives them governance and staking rights.

The project is undergoing a presale, which has raised $2.5 million so far. Currently, investors can buy $MEMEX for $0.0153463, but this price will rise throughout the ICO.

4. Ethereum Name Service (ENS)

Ethereum Name Service is a decentralized naming service that allows users to generate custom names for their wallets and websites.

It aims to unify and simplify the on-chain user experience, removing the long and hard-to-remember public keys for something more akin to social media handles.

The ENS token is used for governance, giving users a say over changes to the project.

ENS is the go-to naming service on Ethereum, so its price usually rises with the development of Ethereum.

Currently, ENS is trading at $34.98, up 4.9% today, 13% this week, and down 5% this month. It holds a $1.2 billion market cap and a $752 million 24-hour trading volume.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jan 21, 2025