{"id":596516,"date":"2024-11-11T09:40:33","date_gmt":"2024-11-11T09:40:33","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=596516"},"modified":"2024-11-11T09:40:33","modified_gmt":"2024-11-11T09:40:33","slug":"bitcoin-blasts-past-81k-sending-meme-coins-into-orbit-amid-trump-election-win-bull-run","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-blasts-past-81k-sending-meme-coins-into-orbit-amid-trump-election-win-bull-run","title":{"rendered":"Bitcoin Blasts Past $81K, Sending Meme Coins Into Orbit Amid Trump Election Win Bull Run"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Bitcoin surged past $81K, sending meme coins soaring amid buoyant crypto market sentiment in the aftermath of Donald Trump&rsquo;s election win.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">BTC <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\"><span style=\"font-weight: 400;\">jumped<\/span><\/a><span style=\"font-weight: 400;\"> over 2% in the past 24 hours and 17% in the last week to trade at $81,123.49 as of 2:40 a.m. EST. BTC&rsquo;s <\/span><span style=\"font-weight: 400;\">bullish momentum spilled over into the meme coin space, leading to a 19% jump in the lighthearted sector&rsquo;s <\/span><a href=\"https:\/\/www.coingecko.com\/en\/categories\/meme-token\"><span style=\"font-weight: 400;\">market capitalization<\/span><\/a><span style=\"font-weight: 400;\">, according to CoinGecko.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2023\/12\/Meme-coins.jpeg\" alt=\"Top Meme Coins Across Ethereum, Solana, Arbitrum, Avalanche, And Optimism\"><\/p>\n<h2><span style=\"font-weight: 400;\">Bitcoin Surge Fires Up Small-Cap Tokens<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Legacy <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/meme-coin-market-cap-nears-2024-high-as-peoples-meme-coin-flockerz-blasts-past-1-3m-in-presale\"><span style=\"font-weight: 400;\">meme coins<\/span><\/a><span style=\"font-weight: 400;\"> such as Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE) and Dogwifhat (WIF) all printed strong 24-hour gains. DOGE emerged as the top performer among the big 4 meme coins with a 23% surge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But it was smaller-cap altcoins that led the sector&rsquo;s rally. <\/span><span style=\"font-weight: 400;\">Act I The AI Prophecy (ACT) stole the show after it went ballistic and surged more than 1,177%. Newcomer Peanut The Squirrel came in second after it posted a 250% surge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, Sudeng (HIPPO), Kishu Inu (KISHU) and Dogelon Mars (ELON) recorded gains of 33%, 26%, and 28%, respectively.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Cathie Wood Says Trump &rdquo;Defanging&rdquo; SEC Will Likely &rdquo;Turbocharge&rdquo; US Economy<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">ARK Invest founder and CEO Cathie Wood said&nbsp; <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-analysis-btc-passes-77k-for-first-time-after-trump-election-win-as-traders-turn-to-this-politifi-token-for-10x-gains\"><span style=\"font-weight: 400;\">Trump<\/span><\/a><span style=\"font-weight: 400;\"> &rdquo;defanging&rdquo; the US Securities and Exchange Commission (SEC) after his election victory would likely &rdquo;turbocharge the US economy.&rdquo; <\/span><\/p>\n<p>She added <span style=\"font-weight: 400;\">in a <a href=\"https:\/\/x.com\/ARKInvest\/status\/1855766736970383831\">video<\/a> shared on X<\/span>&nbsp;that <span style=\"font-weight: 400;\">government spending cuts, tax cuts, and a focus on technologically enabled innovation would also be key drivers of an economic resurgence under Trump.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We are floored with the support coming in for PEPU! &#128293;<\/p>\n<p>26 million hit with no signs of slowing down, this community is #1!! &#128056;&#128154; <a href=\"https:\/\/t.co\/zyxceMDwxJ\">pic.twitter.com\/zyxceMDwxJ<\/a><\/p>\n<p>&mdash; Pepe Unchained (@pepe_unchained) <a href=\"https:\/\/twitter.com\/pepe_unchained\/status\/1855267731202838734?ref_src=twsrc%5Etfw\">November 9, 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;\">Meme coin presales are also being buoyed by optimism over Trump&rsquo;s US election win. New PEPE rival <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Pepe Unchained (PEPU)<\/span><\/a> <span style=\"background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); text-align: var(--bs-body-text-align);\">has soared past $26.6 million in funds raised in one of the most successful presales ever. The token&rsquo;s added more than $1.6 million in just the past four days.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Another beneficiary of the Trump effect is <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/freedumfighters\" rel=\"nofollow\"><span style=\"font-weight: 400;\">FreeDum Fighters (DUM)<\/span><\/a>, a satirical PolitiFi token that is racing toward $500k in funds raised in its presale.<\/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\/kevin-oleary-backed-wonderfi-ceo-freed-after-720k-ransom-paid-in-toronto-abduction\"><span style=\"font-weight: 400;\">Kevin O&rsquo;Leary-Backed WonderFi CEO Freed After $720K Ransom Paid In Toronto Abduction<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/blackrocks-ibit-bitcoin-etf-posts-record-1-1-billion-inflow-as-bitcoin-hits-new-ath-following-fed-rate-cut\"><span style=\"font-weight: 400;\">BlackRock&rsquo;s IBIT Bitcoin ETF Posts Record $1.1 Billion Inflow As Bitcoin Hits New ATH Following Fed Rate Cut<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/nfts-are-back-again-weekly-nft-sales-surge-28-to-103m-the-highest-sales-since-july-2024\"><span style=\"font-weight: 400;\">NFTs Are Back Again &ndash; Weekly NFT Sales Surge 28% To $103M, The Highest Sales Since July 2024<\/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\">Newest Meme Coin ICO - 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