{"id":595585,"date":"2024-11-07T07:40:02","date_gmt":"2024-11-07T07:40:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=595585"},"modified":"2024-11-07T07:43:42","modified_gmt":"2024-11-07T07:43:42","slug":"bitcoin-meme-coins-coinbase-soar-on-donald-trump-win-even-as-trump-themed-coins-implode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-meme-coins-coinbase-soar-on-donald-trump-win-even-as-trump-themed-coins-implode","title":{"rendered":"Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Bitcoin, meme coins and Coinbase shares soared after Donald <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/whats-next-after-donald-trump-win-crypto-and-these-other-assets-are-poised-to-surge\"><span style=\"font-weight: 400;\">Trump<\/span><\/a><span style=\"font-weight: 400;\"> won the US election, even as tokens linked to the incoming president nosedived.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">JUST IN &#128680;: Coinbase <a href=\"https:\/\/twitter.com\/search?q=%24COIN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$COIN<\/a> soars by more than 30%, its largest gain in history &#128200; <a href=\"https:\/\/t.co\/L7QuNzWAuS\">pic.twitter.com\/L7QuNzWAuS<\/a><\/p>\n<p>&mdash; Barchart (@Barchart) <a href=\"https:\/\/twitter.com\/Barchart\/status\/1854282488194982177?ref_src=twsrc%5Etfw\">November 6, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">BTC <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\"><span style=\"font-weight: 400;\">soared<\/span><\/a> more than 10% f<span style=\"font-weight: 400;\">rom an opening price of $67,850.01 yesterday to trade at $74,756.42 as of 2:40 a.m. EST. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, <\/span><a href=\"https:\/\/www.coingecko.com\/en\/categories\/meme-token\"><span style=\"font-weight: 400;\">meme coins<\/span><\/a><span style=\"font-weight: 400;\"> stole the show with a 13% surge in their collective market cap.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> And the post-election gains were not limited to crypto tokens, with the share price of Coinbase, the leading US crypto exchange, <\/span><a href=\"https:\/\/www.google.com\/search?q=coinbase+share+price&amp;oq=coinbase+share+pri&amp;gs_lcrp=EgZjaHJvbWUqDQgAEAAYgwEYsQMYgAQyDQgAEAAYgwEYsQMYgAQyBggBEEUYOTIHCAIQABiABDIHCAMQABiABDIHCAQQABiABDIHCAUQABiABDIHCAYQABiABDIGCAcQRRg80gEIMjQ3MWowajeoAgCwAgA&amp;sourceid=chrome&amp;ie=UTF-8\"><span style=\"font-weight: 400;\">soaring<\/span><\/a><span style=\"font-weight: 400;\"> over 31% during yesterday&rsquo;s trading session.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/miro.medium.com\/v2\/resize:fit:1024\/1*74bh3Sxn55Z88X8bb9Fhrg.png\" alt=\"Top Meme Coins with 100x Returns to Invest in 2024 | by Alannaelga | TokenTrends | Medium\"><\/p>\n<h2><span style=\"font-weight: 400;\">Small-Cap Meme Coins Rally After Donald Trump Win<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Smaller-cap meme coins were the top gainers in the lighthearted sector of the crypto market. Following an impressive 301% gain, AMATERASU OMIKAMI (OMIKAMI) claimed the title of the best 24-hour performer in the meme coin market.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Joe Coin (JOE) and Luce (LUCE) came in second and third place with their respective gains of 47% and 32%. The fourth biggest gain in the meme coin market was posted by Keyboard Cat (KEYCAT), with Moo Deng (MOODENG) and Neiro On ETH (NEIRO) filling in the fifth and sixth positions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Larger projects including Dogecoin (DOGE) and Dogwifhat (WIF) were among the worst-performing meme coins. Legacy token and pioneering meme coin DOGE saw its price plummet over 8% in the last 24 hours, while WIF shed more than 5% of its value during the same period.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Trump Tokens Take A Hammering<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Political meme coins took a massive knock, with their collective valuation plunging over 21%. Most of these losses were recorded by tokens linked to <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/trump-nfts-jump-900-in-sales-after-donald-trump-elected-as-47th-us-president\"><span style=\"font-weight: 400;\">Trump<\/span><\/a><span style=\"font-weight: 400;\">. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the biggest in this category, such as MAGA Hat (MAGA), MAGA (TRUMP) and TRUMP 47 (47) lost the most value. MAGA dived more than 49%, while TRUMP plunged over 46% and 47 plummeted 70%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Not all political meme coins are suffering after the election. New presale token <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/freedumfighters\" rel=\"nofollow\"><span style=\"font-weight: 400;\">FreeDum Fighters (DUM)<\/span><\/a> continues to thrive and has now<span style=\"font-weight: 400;\"> raised over $445K.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/what-a-trump-presidency-means-for-crypto-will-the-crypto-president-deliver\"><span style=\"font-weight: 400;\">Will The &rdquo;Crypto President&rdquo; Deliver? What A Donald Trump Presidency Means For Crypto<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/coinpokers-meme-millions-tournament-series-is-a-1000000-extravaganza-for-doge-shib-and-pepe-fans\"><span style=\"font-weight: 400;\">CoinPoker&rsquo;s Meme Millions Tournament Series Is A $1,000,000 Extravaganza For DOGE, SHIB And PEPE Fans&nbsp;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/lamborghini-animoca-brands-set-to-launch-their-revuelto-nft-collection-today-nov-7\"><span style=\"font-weight: 400;\">Lamborghini &amp; Animoca Brands Set To Launch Their Revuelto NFT Collection Today, November 7<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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JUST IN <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":365096,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Bitcoin, meme coins and Coinbase shares soared after Donald Trump won the US election, even as tokens linked to the incoming president nosedived.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-07T07:40:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T07:43:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2022\/12\/Donald-Trump.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1160\" \/>\n\t<meta property=\"og:image:height\" content=\"773\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Steven Walgenbach\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@__CryptoSteve\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steven Walgenbach\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585\"},\"author\":{\"name\":\"Steven Walgenbach\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/87782b69af094c4f9a428f68ec30855a\"},\"headline\":\"Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode\",\"datePublished\":\"2024-11-07T07:40:02+00:00\",\"dateModified\":\"2024-11-07T07:43:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585\"},\"wordCount\":366,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"articleSection\":[\"Breaking Crypto News\"],\"inLanguage\":\"en-US\",\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585#primaryimage\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585\",\"name\":\"Bitcoin, Meme Coins, Coinbase Soar On Donald Trump Win Even As Trump-Themed Tokens Implode - InsideBitcoins.com\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/#website\"},\"datePublished\":\"2024-11-07T07:40:02+00:00\",\"dateModified\":\"2024-11-07T07:43:42+00:00\",\"description\":\"Bitcoin, meme coins and Coinbase shares soared after Donald Trump won the US election, even as tokens linked to the incoming president nosedived.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585\"]}],\"primaryImageOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585#primaryimage\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/595585#primaryimage\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/insidebitcoins.com\/#website\",\"url\":\"https:\/\/insidebitcoins.com\/\",\"name\":\"InsideBitcoins.com\",\"description\":\"Search &amp; 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