TRUMP2024 Blasts Up 1,000% as Crypto Markets Bounce and This Lesser Known Coin May be The Next Crypto to Explode
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Author
Sam Cooling
Author
Sam Cooling
About Author
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for...
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As the media circus around Donald Trump’s indictment unpack the latest gagging order, on-chain markets haven’t skipped a beat – as TRUMP2024 blasts up +1,000% in sensational move for Presidential meme coin.
This comes amid a wave of activity in DEX trading, empowered by the emergence of Telegram trading bots – which enable even novice retail users to trade on-chain instantly with minimal risk to MEV bots and human error.
With the next US Presidential Election glistening on the horizon next November, market sentiment is shifting towards an increasingly bullish outlook for coins that can tap into political fanfare and humour.
TRUMP2024 Price Analysis: Can Latest Donald Trump Coin Moon-Shot?
Amid the wild upside move, TRUMP2024 is currently trading at a market price of $0.081880 (representing a 24-hour change of 571%).
This comes as TRUMP2024 price action enters localised retracement, as early-backers lock in profits from Yesterday’s dramatic pump.
Donald Trump token was first launched way back on August 27, but limited growth in the the first 3-weeks did little to incentivise a rally.
However, the global media circus around Trump’s recent gagging order appears to have triggered an initial surge of interest on September 18, with price pushing up to an all-time high at $0.08335.
The skyrocketing candle on September 18 was triggered by a flood of more than $630k in trading volume, which fuelled TRUMP2024 growth to an impressive $1.45m market cap practically overnight.
Indeed, with almost 1,000 bag-holders taking position, driven by dominant buy pressure (accounting for 60% of transactions over the past 24-hours) – price action looks poised to consolidate here at this high lower level.
But while DEX traders and on-chain Telegram bots are glued to TRUMP2024’s extreme volatility, an upcoming CEX listing has caught the attention of smart money following a phenomenal +$25m raised presale funding round.
In Just 1 Week a $25M+ Valued Meme Coin Will Launch on Top CEX – Meet $WSM
Wall Street Memes emerged as one of the biggest meme coin presales of 2023 over the past few months, with the seed funding rounds amassing more than $25m from early backers.
Bolstered by the support of this over 1m+ strong community, this rockstar project is expected to make substantial gains upon an upcoming CEX launch in just 6 days – lets deep dive why.
Exploring: Why is Wall Street Memes Expected to Explode on Tier-1 CEX?
In a testament to the skyrocketing growth, the $WSM token community now stands one million strong, with the presale exceeding all expectations to amass over $25 million in presale funding – now standing as the biggest meme coin presale of 2023.
The humungous feat is almost unprecedented for new meme coin projects that are yet to even hit the DEX markets, and investors are taking notice as the project emerges as a top choice for the biggest coin CEX launch of Q3 2023.
In a meme coin homage to the anti-bank investors that took on Wall Street, $WSM is aiming to transform powerful Wall Street Bets community sentiment into a tangible asset – seeking not only to tokenize the anti-bank movement but also to redefine our perception of digital value.
Sam is a financial journalist with a focus on cryptocurrency market news, based in London. With a Master’s Degree in Development Management from the London School of Economics, Sam’s passion for the crypto space is fuelled by the potential of decentralization technology to empower marginalized communities across the world - with a special interest in blockchain-powered agricultural supply chains, financial transparency, and banking the unbanked.