Meme cash are displaying robust bullish potential, with the potential of a 10x rally after Donald Trump publicly endorsed his personal meme coin.
This endorsement, which occurred a few days in the past, has sparked renewed investor curiosity, resulting in a market rebound. The Concern and Greed Index, which just lately stood at an excessive concern degree of 15, has now climbed to 34, signaling a shift in sentiment.
Trump’s endorsement has pushed consideration towards the TRUMP token, though the asset continues to be down 86% from its all-time excessive of $75 per coin. Traders are additionally carefully monitoring the upcoming token unlock on April 18, which may introduce promoting stress.
Some speculate that insiders would possibly hold their tokens as a substitute of promoting, avoiding any damaging impression on the administration’s picture. With that in thoughts, listed below are three meme cash that would profit from Trump’s subsequent strikes.
Solaxy (SOLX)
Pleasure is constructing for the following part of the crypto bull market, and one mission stands out for its progress potential: Solaxy (SOLX). Proper now, traders can purchase $SOLX in its token presale, which has already raised over $28 million.
This robust demand highlights its market enchantment. The present presale value of $SOLX is $0.001676, however it should enhance quickly, with the following value bounce taking place in lower than 10 hours.
To hitch the presale, traders want a suitable crypto pockets funded with $USDT, $ETH, or $BNB. The token can be obtainable to Greatest Pockets’s customers through the pockets’s “Upcoming Tokens” part.
Supply – 99Bitcoins YouTube Channel
Solaxy goals to develop into the primary main Layer-2 scaling answer constructed particularly for Solana. It helps by processing transactions individually from the primary Solana community, which regularly faces congestion.
By dealing with transactions shortly by itself layer, Solaxy then sends a summarized outcome again to Solana. This technique, referred to as a “rollup,” helps scale back community site visitors.
The primary objective is to forestall sluggish transactions and failures, which regularly occur throughout excessive exercise—particularly when meme cash surge in recognition. With Solaxy taking a few of the workload off-chain, buying and selling and improvement on Solana can run extra easily.
$SOLX, Solaxy’s native token, fuels the ecosystem. Customers want $SOLX to pay for transactions on the Layer-2 community, they usually may stake it to assist safe the system. Those that stake $SOLX can earn a 144% APY, which has pushed quite a lot of early curiosity within the presale.
After the presale ends, the following main occasion is the Token Era Occasion (TGE), adopted by a DEX itemizing, which can open $SOLX buying and selling to a wider viewers.
Solaxy has made upgrades to hurry up transactions and enhance information dealing with. A brand new sequencer from the Sovereign SDK permits quicker confirmations. Customers may select totally different affirmation strategies for extra flexibility.
To spice up efficiency, Solaxy improved processing speeds and added a caching system with Sovereign. Higher information dealing with reduces system lag.
The Bridge UI received an improve too, with Hyperlane serving to strengthen validator safety, even on testnet. These updates make the platform smoother and extra dependable.
Solaxy continues to develop, with extra massive updates coming quickly. It additionally helps multi-chain use, letting Ethereum and Solana work collectively.
Go to Solaxy
BTC Bull Token (BTCBULL)
BTC Bull Token’s worth strikes with Bitcoin’s value. The group designed a three-part technique to reward traders and increase $BTCBULL’s value over time.
One key characteristic is its reward system, which incorporates Bitcoin airdrops when BTC hits key ranges like $150,000 and $200,000. The mission additionally burns tokens at set value factors, similar to $125,000, to decrease provide and assist worth progress.
Traders may stake $BTCBULL for passive revenue by a staking app. Through the presale, APYs attain 100%, and over 1 billion tokens are already locked. Staking rewards are set at round 400 tokens per Ethereum block for 2 years.
These three options—airdrops, token burns, and staking rewards—create a number of methods for holders to learn.
BTC Bull Token’s presale has gained momentum, elevating over $4 million. Traders can purchase $BTCBULL for $0.002435 per token. The presale helps purchases with BNB, ETH, and USDT, and even permits funds through financial institution playing cards. Traders must also discover the Greatest Pockets app to buy $SOLX.
The group has not set a tough cap or finish date, however tokens will probably be distributed when the presale ends, alongside the primary DEX itemizing.
Many in the neighborhood reward $BTCBULL’s tokenomics, highlighting that 10% of the entire provide is reserved for alternate liquidity, whereas 40% is put aside for advertising and marketing and PR. This long-term strategy is uncommon within the meme coin area, the place short-term hype typically dominates.
Past its presale and robust tokenomics, BTC Bull Token stands out for its transparency. The mission handed two unbiased audits by Coinsult and SolidProof, confirming there aren’t any vulnerabilities, honeypot dangers, or hidden minting talents.
With the presale nearing its shut and a DEX itemizing on the horizon, $BTCBULL appears well-positioned to capitalize on early investor curiosity.
Go to BTC Bull Token
SPX6900 (SPX)
After dropping to $0.31 in December, $SPX has been climbing. Not like many meme cash, it hasn’t crashed after a pump. SPX6900 now trades at $0.616, with a 24-hour buying and selling quantity of $28 million. The token has gained 21% prior to now day and 27% during the last week.
With a present market cap of $600 million, reaching the earlier excessive of $1.77 would require one other robust rally in meme cash and altcoins—an consequence that is still unsure.
Technical evaluation exhibits $SPX is overbought on the Relative Power Index (RSI), signaling a attainable pullback. The token faces resistance at $0.66, and a dip to the 0.5 Fibonacci retracement degree may create a stronger base for one more transfer up.
A full restoration to its all-time excessive appears unlikely, however a gradual rebound is feasible if market circumstances keep favorable. Regardless of current positive aspects, uncertainty nonetheless clouds the broader crypto market. Costs are stabilizing, however a transparent pattern has but to emerge.
Alternatives exist, however endurance and a strategic strategy stay important in navigating crypto’s volatility.
Conclusion
Donald Trump continues to impression the crypto market, retaining traders alert for his subsequent transfer.
Whereas the OFFICIAL TRUMP (TRUMP) token is probably not the following breakout, options like Solaxy (SOLX), BTC Bull Token (BTCBULL), and SPX6900 (SPX) present different methods to learn from the administration’s crypto-friendly strategy.
With the market’s volatility, timing and diversification stay essential. As Trump’s affect grows, the meme coin sector may very well be heading into considered one of its most unpredictable phases.