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Cryptocurrency News Articles
Trump-Inspired Meme Coins Gain Popularity as the U.S. Election Approaches
Jun 20, 2024 at 05:39 am
As the U.S. election approaches, a noticeable trend is emerging: Trump-inspired meme coins are gaining popularity. For instance, the Baby Trump meme coin recently surged in value, while $DJT is currently attracting attention with significant trading activity.
As the US election approaches, several Trump-inspired meme coins are gaining popularity and attracting attention in the cryptocurrency market.
Here’s a closer look at Baby Trump (BABYTRUMP), TrumpCoin ($DJT), and the multi-chain token Base Dawgz ($DAWGZ), which is nearing $2 million in presale funds.
1. Baby Trump (BABYTRUMP) Coin Surges Ahead of US Election
The price of Baby Trump is on the rise as the US election approaches. The meme coin, which is designed to capitalize on the popularity of former President Donald Trump, has experienced a significant increase in value over the past few months.
Back in March, the price of Baby Trump was around $0.005. However, the coin has since seen explosive growth, peaking at an all-time high of $0.02586 before settling at its current price of $0.0075.
This recent dip provides a good entry point for potential investors, as the token is expected to surge in value in the coming months as the election draws nearer.
The Baby Trump website is simple yet informative, detailing how the coin can be purchased on various exchanges like PancakeSwap, MEXC, BitMart, and Uniswap, or via Ethereum transfer.
The graphics used for Baby Trump are eye-catching and capture Trump’s expressions well. The token is likely to capitalize on the current bullish trend, potentially becoming one of the standout coins as the U.S. election approaches.
Baby Trump imposes a 5% tax on transactions, which funds the Trump campaign, contributing to its potential value increase. Although not officially affiliated with Trump, the project donates 5% of its marketing budget to his campaign.
With 410 million Baby Trump coins in circulation, the project aims to set a new high-quality standard within the crypto space, driven by a community of like-minded individuals.
The project has partnerships with Gotbit and Ave.ai and maintains an active social media presence on Telegram, X, and Discord. Analysts are bullish on Baby Trump, predicting it will surpass other Trump-inspired coins.
2. TrumpCoin ($DJT) Gains Popularity, Despite Rumors and Speculations
The TrumpCoin, ticker symbol $DJT, is a new meme coin on the Solana blockchain that has gained significant attention. Despite being just a day old, it has already achieved a substantial market cap and secured major central exchange listings.
While it’s being promoted as the official Trump coin, there’s no confirmation that former President Donald Trump or his family are behind it. On DEXTools, $DJT’s market cap fluctuates around $93.3 million, reflecting its volatile nature amid widespread popularity.
The token currently holds the number one spot on DEXTools’ Hot Pairs and is listed across various platforms, including Raydium, Jupiter, Orca, and Meteora. On June 18th, $DJT was listed on MEXC Global, making it accessible to a broader audience.
The token boasts a total supply of 10 billion units, with 10,000 holders to date. Recently, its price dipped to $0.009
Fueling these speculations were Martin Shkreli’s claims of involvement in $DJT’s creation and his mention that Barron Trump was aware of the project.
3. Multi-Chain Token Base Dawgz (DAWGZ) Nears $2 Million in Presale Funds
While Trump-related tokens have been buzzing in the market lately, there’s also massive hype around the presale of a multi-chain token, $DAWGZ, which is close to hitting $2 million.
This cryptocurrency is designed for broad accessibility, allowing users to operate on various blockchains like Base Chain, Ethereum, Solana, Binance Smart Chain, and Avalanche, fostering interoperability across decentralized ecosystems.
Investors can participate in the presale through the official Base Dawgz website, which is packed with information. Here, you’ll find links to their social media channels, a detailed white paper, independent audit reports by SolidProof.io (confirming security and compliance), and other crucial project details.
Base Dawgz boasts a thriving online community, with over 3,000 active users engaging with the project team on platforms like X and Telegram. This dedicated community receives regular updates on fundraising milestones and exciting project developments.
The presale offers a structured token distribution model to incentivize early participation. Notably, 20% of tokens are allocated specifically for the presale, with prices strategically increasing every seven days to reward early investors. The strong investor interest is evident, pushing the presale close to the $2 million mark.
GN $DAWGZ 🫶
Tomorrow we continue the grind!
— Base Dawgz (@BaseDawgz) June 18, 2024
Looking ahead, Base Dawgz plans
Disclaimer:info@kdj.com
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