Donald Trump’s meme coin has been all over the news since Saturday.
The TRUMP coin soared above $75 before pulling back yesterday – but many believe its run is just beginning.
Others are setting their sights on Wall Street Pepe, a new presale project that has raised over $53 million ahead of its exchange debut.
TRUMP’s Enormous Rise – From Launch to $15B Market Cap
TRUMP has quickly become one of the biggest meme coin success stories of the past 12 months.
Launched on Saturday through Trump’s social media channels, the coin immediately grabbed the market’s attention, soaring to a $15 billion market cap in just over a day.
Big exchanges like Bybit, Bitget, and KuCoin were quick to list it.
And with its trading volume passing $47 billion in the last 24 hours, TRUMP has seen more action than DOGE, PEPE, and SHIB combined.
The coin’s setup 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 into different pools.
The biggest of these is the TRUMP-USDC pool on the Meteora DEX.
TRUMP is currently hovering around $54.60 and has climbed to 18th among the largest cryptos by market cap.
It’s also one of the top trending tokens on DEXTools.
Can TRUMP Hit $100? Key Catalysts Driving Its Next Move
Despite its drop, there are plenty of reasons why TRUMP could still hit the $100 mark.
The token sank over 50% after MELANIA hit the market, but it is already bouncing back, rejecting the 0.5 Fibonacci retracement level.
This often signals that another bull leg has begun.
However, TRUMP is still new, meaning technical analysis can be tricky – which is why non-technical factors are better price predictors.
One major factor is today’s inauguration in Washington.
As Trump officially becomes president again, interest in the coin could spike among his supporters and the broader crypto crowd.
Plus, with Robinhood adding TRUMP to its platform and rumors of a Coinbase listing spreading, more mainstream exposure might be on the way.
Rallying to $100 from where the coin currently is would mean an 84% jump.
That’s no easy feat, but it’s not out of the question, considering TRUMP’s explosive start and all the social media hype.
Either way, traders will be watching closely to see if it can maintain its momentum.
Is Wall Street Pepe the Next Big Meme Coin Opportunity? WEPE Presale Hits $53M Mark
Although TRUMP’s prospects look positive, some traders are already searching for the next big meme coin play. And many are rotating into Wall Street Pepe.
This project has raised over $53 million in presale, and there are just 27 days left before the official launch.
Right now, early investors can grab WEPE tokens for $0.0003665 each. So, why all the excitement around this new frog coin?
The main reason is that Wall Street Pepe’s team aims to give retail traders exclusive market insights and investing strategies – seeking to level the playing field between small and big players.
On top of that, they’ve launched a staking program that offers annual yields 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 the team cannot mint any new tokens.
YouTuber ClayBro is extremely bullish on WEPE’s prospects.
He believes it’s “set to soar” and could benefit massively from Trump coming into office.
With a fast-growing Twitter community and an upcoming exchange listing, it’s easy to see why some TRUMP holders are shifting their focus to Wall Street Pepe.
Many believe now is the ideal time to get in, before WEPE hits the open market – and potentially rallies.
Visit Wall Street Pepe Presale
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