New Trump Campaign Coin Creates Buzz on Solana, Funding Shifts to Dogeverse
A new coin associated with the Trump campaign has gained significant traction after being listed on Uniswap, following a trend of Trump-related tokens capitalizing on the publicity surrounding the US election. The creatively named Boost Trump Campaign (BTC) token has experienced a surge of over 30,000% since its listing yesterday.
However, the coin’s value has declined by 66% since reaching its peak of $0.0000218 in the early morning hours. Traders may find more promising opportunities by exploring new meme tokens with stronger fundamentals, such as Dogeverse, which is showing potential as one of the year’s notable launches.
Although the Boost Trump Campaign coin has experienced a decline from its peak, its data appears more promising compared to other meme tokens that have emerged this year. Despite having no significant backing or presence, the token has maintained a trading volume of $15 million since its launch a day ago. Additionally, the coin has attracted over 2,000 holders, a relatively healthy number compared to similar tokens.
As a result, Boost Trump Campaign has a better chance of experiencing a rebound in the near future, although it is uncertain whether this is likely. While it has received some attention online, it is important to note that this may be primarily from bag holders rather than impartial observers who genuinely believe in the coin’s potential. Without further listings or substantial growth in support, the token may face a decline in the long run.
Meanwhile, among the numerous Trump-related meme coins in the market, Dogeverse stands out as a more promising and fundamentally strong option. Several of these coins have gained momentum through presales and are preparing to list. Dogeverse (DOGEVERSE) is at the forefront of these coins, being a multi-chain cryptocurrency that has garnered over $15 million in investment during its presale.
What sets Dogeverse apart is that it will be the market’s first Doge-themed multi-chain cryptocurrency, operating on various networks including Ethereum, Polygon, BNB Chain, Solana, Avalanche, and Base. Its presence on multiple networks enhances its potential for usage and adoption on a larger scale than if it were a single-chain token. The anticipated increase in demand should contribute to a rise in its price over time.
Additionally, DOGEVERSE is a deflationary meme coin with a capped supply of 120 million tokens. Holders will have the opportunity to stake the coin for passive rewards, thereby limiting its circulation. These features have contributed to Dogeverse raising more than $15 million in just a month, indicating its potential for success.
Another indicator of its potential lies in its social media following, with over 22,000 followers on X. Interested investors can participate in its token offering by visiting the official Dogeverse website, where DOGEVERSE can be purchased at a final presale price of $0.00031. When the coin lists in the next month or so, it is expected to surge well beyond this price, potentially providing early investors with a significant profit.
Disclaimer: Cryptocurrency is a high-risk asset class, and this article is intended for informational purposes only and should not be considered investment advice. There is a possibility of losing all invested capital.