Trump, Musk, and Sacks Related Concept Coins and Meme Coins Worth Paying Attention to

With Republican US President-elect Trump set to attend his inauguration in 13 days on January 20, this marks the first time a US president who supports cryptocurrency will be sworn into office. Trump's team also includes several pro-crypto politicians, including new SEC Chairman Paul Atkins, first White House artificial intelligence and cryptocurrency director David Sacks, and Musk, who will head the Department of Government Efficiency, among others.

In light of this significant event, which tokens and meme coins from related crypto projects may be worth considering and planning for? In this article, PANews has compiled a list of potential concept coins and meme coins based on the core relationships of Trump in the new government.

(Please note: This article does not constitute any investment advice. Memecoins are highly volatile, so users must research DYOR on their own.)

Trump related concepts

Inspired by the Trump concept, meme coins MAGA (TRUMP) and MAGA Hat (MAGA) have become the leading tokens among US concept meme coins. As of January 6, MAGA (TRUMP) and MAGA Hat (MAGA) rose 20.82% and 12.12% respectively in one day.

MAGA (TRUMP)

In late February last year, MAGA (TRUMP) saw a significant rise, thanks to the overall uptrend in the meme coin market at the time. In late May 2024, due to the influence of Trump's video remarks in support of cryptocurrency and Trump's NFT dinner, TRUMP rose sharply again and hit an all-time high of $17.51 on June 1.

Current price: $3.12

Current market value: $141 million

MAGA Hat (MAGA)

The MAGA hat was launched by Trump during his 2016 presidential campaign. It has the campaign slogan "Make America Great Again" printed in white capital letters on a red background. Since then, it has become a symbol of Trump's MAGA movement.

Current price: $0.0001123

Current market value: $46.12 million

Moreover, several tokens related to the Trump family's DeFi project World Liberty Financial are worth paying attention to, such as ETH, cbBTC, LINK, AAVE, ENA, ONDO, etc., which the project recently purchased in large quantities.

Musk related concepts

Dogecoin DOGE

Due to its same abbreviation as the Department of Government Efficiency, which will be established by Trump and led by Musk, DOGE has become a potential investment target. Additionally, Musk himself is a staunch supporter of Dogecoin.

Current price: $0.3827

Current market value: $56.4 billion

Department of Government Efficiency (DOGE)

A meme coin with the same name as the abbreviation of the Ministry of Government Efficiency

Current price: $0.2319

Current market value: $227 million

Peanut the Squirrel (PNUT)

PNUT is a meme coin based on a pet squirrel, which was euthanized by the New York Environmental Protection Agency due to rabies. On the first weekend of November last year, PNUT became the object of hype by Degens, and its market value exceeded $100 million in one day. Musk joined the mourning activities and sent tweets, which turned into a crusade against the Democratic Party. Musk tweeted on November 13 that "America was saved by a squirrel and meme coins", which triggered a surge in PNUT.

Current price: $0.7361

Current market value: $734 million

Kekius Maximus (KEKIUS)

On December 31, 2024, Musk changed his Twitter profile picture to a Pepe frog image and his name to Kekius Maximus, which attracted widespread attention. Musk also mentioned that he would be naming a new character in the game "Path of Exile" Kekius Maximus. According to netizens, the name Kekius Maximus has a certain relationship with the Pepe Meme culture. On January 2, the frog profile picture and the nickname "Kekius Maximus" of Musk X's account were changed back to his own name, and the related concept coins fell.

Current price: $0.09975

Current market value: $103 million

White House AI and encryption chief David Sacks related concepts

David Sacks, the White House's director of artificial intelligence and encryption, was a co-founder of PayPal, a member of the well-known "PayPal Mafia" and a close friend of Musk. It is reported that Sacks himself is also a supporter of SOL.

dYdX (DYDX)

dYdX is one of the projects invested in by Craft Ventures, which was founded by David Sacks. On December 6, 2024, DYDX rose