TRUMP and MELANIA have taken over the Solana blockchain in the past two days.
TRUMP and MELANIA Tokens Kickstart Meme Coin Frenzy – SOLX, FLOCK to Explode Next?
This article was published more than a year ago. Some information may no longer be current.
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The former kicked things off with an enormous surge on Saturday, while the latter continues to post new highs ahead of today’s inauguration.
Their price rallies have put traders on high alert.
But which meme coins could be next to post market-beating gains?
Political Coins Take Center Stage as TRUMP & MELANIA Dominate
This weekend was all about two politics-themed cryptocurrencies: TRUMP and MELANIA.
TRUMP hit the market first, launched by Trump Organization subsidiary CIC Digital LLC, with a total supply of one billion tokens.
However, 80% of the supply is locked in a three-year vesting schedule.
TRUMP rallied immediately, rocketing to $75.35 by Sunday and reaching a peak market cap of $15 billion.
That’s even bigger than SUI and XLM.
Not long after, MELANIA debuted on exchanges, launching with its own one billion token supply.
While its distribution seemed structured – 35% set aside for team vesting – blockchain sleuths noticed something curious: 89% of the tokens were initially in one wallet before being split into four.
The timing of MELANIA’s launch was also curious.
It coincided with TRUMP’s price crashing, though the President-elect’s coin has begun to recover at the time of writing.
Between the two, these tokens have captured enormous attention, dominating CoinMarketCap’s “Trending Cryptocurrencies” list.
Meme Coin Mania Kicks Off Ahead of Trump Inauguration
TRUMP and MELANIA’s launches have rocked the meme coin space.
Over the past day, most major coins have benefited: DOGE is up 3%, PEPE has climbed 4%, and FARTCOIN rallied 22%.
Only WIF and PENGU have slipped while others shot up.
The meme coin market’s overall value has passed $117 billion, leaving everyone wondering how far this rally could go.
Most of the bullishness can be attributed to Trump’s pro- crypto stance.
As President-elect, he’s gone from crypto skeptic to a full-on supporter, promising to turn the U.S. into a “ crypto capital” with ideas like a Strategic Bitcoin Reserve and crypto-friendly regulations.
Add to that the launch of his own Solana meme coin, and you’ve got a recipe for mainstream attention.
It’s made these coins seem much more legit.
This mix of credibility and Trump’s promise of pro- crypto policies has created the ideal conditions for a market-wide surge.
Social media is already buzzing about a potential meme coin “supercycle.”
AltcoinGordon, who has over 660,000 Twitter followers, said the supercycle is now “approaching.”
Could Presale Projects Solaxy & Flockerz Be the Next Big Meme Coin Plays?
The ongoing meme coin bullishness might create opportunities for newer projects that are still in their presale phases.
Two names getting attention right now are Solaxy and Flockerz.
Both of these projects have secured enormous funding ahead of their official launches.
Solaxy is setting itself apart by combining meme coin vibes with real utility.
Structured as a layer-2 scaling solution for Solana, it has already raised almost $12 million in just over a month.
https://youtu.be/9lG8U2jwJPc?si=6j2mUZB_m8jWAqDV
The team aims to tackle real challenges – such as failed transactions and slow confirmation times.
They plan to do this by taking transactions off-chain and then sending them back, reducing the computational load on Solana.
The team at 99Bitcoins has described SOLX as one of the best presales to buy now
On the other hand, Flockerz is looking to rethink the meme coin model entirely.
Having raised $11.2 million so far, it’s debuting a Vote-to-Earn model, where FLOCK holders can participate in project decisions while earning crypto for their involvement.
With only two days left in presale, this is the last chance for early investors to buy FLOCK at just $0.0066883 per token.
Members of the project’s Telegram channel believe this price will rise quickly post-listing.
Overall, Solaxy and Flockerz are projects that tap into the trend of mixing fun with innovation.
They look well-placed to take advantage of the current meme coin momentum.
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