Trump Coin Hints at a Turning Point for Crypto, Leading to More Pro-Crypto Policies in the U.S. and More Mainstream Attention for the Industry

Donald Trump’s newly launched meme coin has quickly surged past Dogecoin, reaching a fully diluted valuation (FDV) of $60 billion.

Donald Trump's meme coin has rapidly surged past Dogecoin on major crypto trackers, reaching a fully diluted valuation (FDV) of $60 billion. The launch hints at a turning point for crypto, leading to more pro-crypto policies in the U.S. and more mainstream attention for the industry. This shift could also have long-term benefits for altcoins, especially Solana-based meme coins could experience a revival as liquidity flows back into the Solana ecosystem.

While the meme coin trend is largely centered around Trump-related tokens, the launch has also sparked a liquidity shift from Bitcoin and Ethereum directly into Solana. This is in contrast to traditional crypto trends, where Bitcoin tends to lead into Ethereum and larger altcoins. However, this time around, the shift is occurring directly from Trump meme coins to Solana and potentially other Solana-based altcoins.

Solana-based meme coins have seen their moments in the past, but many recorded losses as liquidity shifted toward newer tokens in the ecosystem. Now, after a new wave of interest, some Solana meme coins like WIF and BONK are back in the spotlight.

Analyst Miles Deutscher highlights key levels for WIF and BONK to watch for in the coming weeks, as they could offer opportunities for traders.

After a massive 90% pump, what's next for $WIF? Clear levels of invalidation around $1.30, which could present an opportunity, especially if we see a price reversion to previous highs (clear footprints on the lower timeframe). Looking for a continuation to the upside for another 60% gain if the market bounces back in the coming weeks, especially once the Solana-Trump token trend begins to slow down.

$BONK showing an upward trend. Currently priced at $0.000032 with resistance around $0.000050. If BONK breaks through this resistance, we could hit the target $0.000075, offering a 50% increase in the short term, or even a more than 2x gain from current levels.

We can also expect to see the fundamental strength of meme coins on Solana, especially those with clear use cases, playing a role in the sustainability of interest once the initial wave of hype begins to cool down.

While some are taking profits now, the long-term effects of this pro-crypto momentum could drive more innovation and opportunities in the U.S. crypto market. The launch of Trump Coin may have opened the door for more projects and businesses to get involved in crypto, hinting at a new era for the industry.

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