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Cryptocurrency News Articles
New Meme Coins to Watch: ai16z, OFFICIAL TRUMP, Fartcoin, and Meme Index (MEMEX)
Jan 20, 2025 at 03:01 am
Several crypto investors view meme coins skeptically. This skepticism stems from their volatile nature and perceived lack of utility. Despite this, some new meme coins
Several crypto investors view meme coins skeptically due to their volatility and perceived lack of utility. However, some new meme coins have achieved widespread recognition, drawing significant attention to the crypto market.
This review explores a curated list of relatively new meme coins, focusing on their use cases, tokenomics, collaborations, and price movements. By offering a well-rounded and thorough analysis, this guide helps readers understand these tokens and their future potential. Continue reading to uncover these promising gems.
New Meme Coins to Watch
ai16z, OFFICIAL TRUMP, and Fartcoin are showing significant value growth. Smart investors accumulate meme coins like these to secure substantial returns by next year. Additionally, the Meme Index presale is quickly capturing attention, and the presale offers a groundbreaking way to invest in meme coins. It stands out as the world’s first decentralized index fund for this unique asset class.
Despite recent bearishness in the meme coin market, Fartcoin stands out as a strong contender, making waves with its remarkable performance across daily, weekly, and monthly charts.
1. ai16z (AI16Z)
The AI16Z token recently experienced a significant rally following its founder’s announcement about the upcoming Eliza operating system update. On January 14, AI16Z rose 35% to an intra-day high of $1.27, with its market cap climbing from $1 billion to nearly $1.4 billion, according to crypto.news. Although the token saw a slight correction, it maintained a strong performance with a 50.90% monthly gain and a 2.89% increase over the past day, bringing its price to $0.9805.
The rally gained momentum after Shaw, the project’s founder, unveiled exciting details about Eliza Version 2, which powers the Agentic AI platform. The update promises advanced features, including full autonomy for seamless operations, unified wallet abstraction for better asset management, and a plugin registry to enable diverse integrations.
Launched in 2024, Eliza supports AI agents capable of interacting with blockchain data, reading smart contracts, and performing complex tasks autonomously. According to the project’s white paper, Eliza Labs aims to create Web3-native AI agents that can analyze data and execute trades independently. The system is designed to assist individual investors in managing portfolios and making intelligent trading decisions.
Demand for AI16Z has also grown in the derivatives market. Data from CoinGlass shows that open interest in AI16Z futures rose 10% in four days, reaching $193.9 million. Moreover, large investors, or whales, have shown strong interest. Lookonchain recently reported a whale withdrawing 5.64 million AI16Z tokens, worth $6.37 million, from Gate.io.
As excitement builds around the Eliza update, the token’s potential remains promising for both short-term traders and long-term investors.
2. OFFICIAL TRUMP (TRUMP)
The cryptocurrency market witnessed an explosive debut with the launch of Official Trump ($TRUMP) on Solana. Since its release at 2 a.m. UTC yesterday, the token has captured widespread attention, with its fully diluted market cap skyrocketing to $21 billion within hours. This rapid rise has sparked heated discussions about whether $TRUMP represents an innovative project or a cleverly orchestrated scam.
Currently trading at $57.15, $TRUMP has seen a remarkable 92.96% increase in 24 hours and an astounding 781.08% surge in just over 48 hours. Its market cap now stands at $11.42 billion, with a massive $25.93 billion in trading volume. The TRUMP/SOL trading pair also reflects over $57 billion in fully diluted value, signalling significant market activity.
If the momentum continues, especially as U.S. traders join the fray, $TRUMP’s price could reach $100 or more ahead of the upcoming presidential inauguration. This would push its fully diluted valuation toward an eye-popping $100 billion, making it a dominant force in the market.
$TRUMP INAUGURATION pic.twitter.com/PoNFumQRaq
— TrumpMeme (@GetTrumpMemes) January 19, 2025
Social media plays a key role in the coin’s legitimacy. The longer posts promoting $TRUMP remain active, the more credible the project appears. If proven legitimate, the token could attract billions of dollars, further boosting its value. However, if $TRUMP turns out to be a scam, it could become one of the most elaborate in crypto history.
As $TRUMP’s story unfolds, its impact on the market will certainly be a topic of interest, leaving investors to weigh the risks and rewards carefully. For cautious investors, balancing risk
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