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US President Donald Trump said in a post on Truth Social yesterday that the TRUMP token meme coin is the “greatest of them all.”
“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!,” Trump said in the March 23 post.
The presidential token, called Official Trump (TRUMP), was launched in January this year and skyrocketed immediately. But it’s undergone a steep correction since and is down 26% in the past month.
But it’s still the fourth-largest meme coin with a market capitalization of $2.37 billion.
Trump Token Soars 12%, Gains $400M Market Cap After Truth Social Post
Almost immediately after Trump’s post, Trump token pumped over 12% to rise from $10.93 to around $12.25, adding $400 million to its market cap, according to CoinGecko data.
TRUMP has since corrected to trade at $11.89 as of 2:06 a.m. EST, but remains more than 8% up in the past 24 hours.
Along with the surge in price, there was also a more than 336% increase in the altcoin’s daily trading volume, with total trading activity for the past 24 hours standing above $1.37 billion.
Several traders and investors have questioned why Trump is bringing attention to his meme coin now.
Pseudonymous analyst and trader DonAlt suggested that it could have something to do with a massive TRUMP unlock set to take place within the next month.
I wonder why he's now suddenly starting to mention it again pic.twitter.com/GPw2Qui5Fz
— DonAlt (@CryptoDonAlt) March 23, 2025
Best Crypto To Buy Now As TRUMP Token Pares Gains
Despite Trump’s enthusiasm for his own token, some traders remain cautious about TRUMP’s long-term prospects, especially with the upcoming token unlock.
The recent price surge has already begun to cool off, prompting analysts to debate whether the rally has run out of steam and if the best opportunities now lie elsewhere.
Several new meme coins in the presale stage are generating buzz, with some speculating that they could challenge TRUMP’s dominance in the months ahead.
Among them are presale tokens including Solaxy (SOLX), BTC Bull Token (BTCBULL), and MIND of Pepe (MIND)
Solaxy (SOLX)
Solaxy is arguably the most successful presale of the year after raising more than $27.6 million so far.
It introduces the first layer-2 scaling solution for the Solana ecosystem, designed to help ease congestion on the network.
Hype around SOL-based meme coins has led to dangerously high levels of congestion on the public blockchain in recent months, something that was worsened by the launches of the TRUMP and MELANIA meme coins in January.
Enter, Solaxy, which will process the majority of Solana’s transactions off of the main layer-1 chain and on its own sidechain. There, it will bundle transactions before submitting them to the Solana mainnet for final validation.
This approach to transaction processing is similar to the one used by Arbitrum and Optimism within the Ethereum ecosystem, and is a proven way to help a layer-1 blockchain scale.
Solaxy will also try to bridge the Solana and Ethereum blockchains to create a new Web3 infrastructure that is capable of meeting the growing demands of decentralized app and meme coin developers.
99Bitcoins, a popular YouTube channel with over 725K subscribers, says SOLX has the potential to soar 100X after its launch.
BTC Bull Token (BTCBULL)
BTC Bull Token is a Bitcoin-themed token that wants to support the leading crypto on its journey to $1 million per coin and beyond.
Along the way, the project will reward its token holders with BTC airdrops and BTCBULL token burns.
The rewards will happen when Bitcoin rises to new all-time highs. The first will come when the Bitcoin price reaches $150K, and for every $50k increase in the BTC price thereafter.
BTCBULL token burns will start when BTC hits $125K, and follow after every subsequent $25k increase in the Bitcoin price.
BTCBULL provides investors with a cheaper alternative to get exposure to BTC. This, combined with its meme coin appeal and growing scarcity through the scheduled token burns, suggest that BTCBULL has all the ingredients needed to climb the crypto ranks.
Investors have already pumped more than $3.99 million into its presale, and YouTuber Alessandro De Crypto, who has over 14.4K subscribers, predicts BTCBULL could print massive gains for investors.
MIND of Pepe (MIND)
MIND of Pepe is the first AI derivative to carry the branding of meme coin titan Pepe.
It brings a cutting-edge AI agent that can find new trends in the crypto space before the rest of the market catches on.
It does this by connecting directly to social platforms such as X, Discord and others, where it then performs hive-mind analysis to identify emerging trends in the Web3 market.
After spotting a new trend, the AI agent shares its insights with the MIND of Pepe community through token-gated groups
The AI agent goes beyond just watching out for emerging trends, and can also steer the market narrative to favor MIND of Pepe community members. It takes advantage of this capability by launching new tokens that could go viral.
Before it hypes up these tokens online, it gives MIND holders the opportunity at first buy-in, setting them up for maximum gains if the tokens soar.
With its appeal to both AI agent crypto and meme coin investors, it’s easy to see why the project has managed to raise over $7.55 million through its presale so far.
99Bitcoins is also bullish on MIND, with an analyst from the channel saying that investing early in the project “is too good to pass up.”
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