Donald Trump’s same corner has been making headlines since Saturday.
TRUMP coin soared above $75 before retreating yesterday – but many believe its run is just beginning.
Others are setting their sights on Wall Street Pepe, a new pre-sale project that has raised more than $53 million ahead of its stock market debut.
TRUMP’s huge rise – from launch to $15 billion market cap
ASSET has quickly become one of the biggest meme coin success stories of the last 12 months.
Launched Saturday Thanks to Trump’s social media, the coin immediately gained market attention, reaching a market capitalization of $15 billion in just over a day.
Major exchanges like Bybit, Bitget, and KuCoin were quick to list it.
And with trading volume surpassing $47 billion in the last 24 hours, TRUMP saw more action than DOGE, PEPE, and SHIB combined.
The configuration of the coin is unique: there are 200 million TRUMP in circulation out of a total supply cap of 1 billion.
Insiders still hold 80% of the supply but have gradually added liquidity in different pools.
The largest of these is the TRUMP-USDC pool on Meteora DEX.
TRUMP is currently hovering around $54.60 and has risen to 18th among the largest cryptos by market capitalization.
It is also one of the most trending tokens on DEXTools.
Can TRUMP reach $100? The main catalysts for its next step
Despite its decline, there are many reasons why TRUMP could still reach the $100 mark.
The token fell more than 50% after MELANIA entered the market, but it is already rebounding, rejecting the 0.5 Fibonacci retracement level.
This often signals that another bullish leg has begun.
However, TRUMP is still new, which means technical analysis can be tricky – which is why non-technical factors are better price predictors.
Today’s inauguration in Washington is a major factor.
As Trump officially becomes president again, interest in the coin could increase among his supporters and the broader crypto community.
Additionally, with Robinhood add TRUMP to its platform and rumors of a Coinbase listing are spreading, more exposure could be on the way.
A rally to $100 from the coin’s current level would mean an 84% jump.
It’s not an easy task, but it’s not out of the question, given TRUMP’s explosive debut and all the hype on social media.
Either way, traders will be watching closely to see if it can maintain its momentum.
Is Wall Street Pepe the Next Big Coin Opportunity? WEPE Presale Hits $53 Million Mark
Although TRUMP’s outlook appears positive, some traders are already looking for the next big coin play. And many turn to Grandpa from Wall Street.
This project has raised over $53 million in pre-sales, and there are only 27 days left until the official launch.
Currently, early investors can collect WEPE tokens for $0.0003665 each. So, why all the excitement around this new frog piece?
The main reason is that the Wall Street Pepe team aims to provide retail traders with exclusive market insights and investment strategies, seeking to level the playing field between small and large players.
In addition to this, they launched a staking program which offers annual returns of 24%. Early investors have already locked up 33 billion WEPE for staking.
Security is also a top priority for the Wall Street Pepe team, given that Coinsult has audited the WEPE token.
Coinsult found no issues with its code and confirmed that the team could not create new tokens.
YouTuber ClayBro is extremely optimistic about WEPE’s prospects.
He believes the country is “ready to soar” and could benefit massively from Trump coming to power.
With rapid growth Twitter Community and an upcoming stock market listing, it’s easy to see why some TRUMP holders are focusing on Wall Street Pepe.
Many believe now is the perfect time to get in on it, before WEPE hits the open market – and potentially recovers.
Visit the Wall Street Pepe Presale
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