Author: Weilin, PANews
The President-elect, Republican Trump, will attend the US presidential inauguration ceremony in 13 days, on January 20. This is the first US president-elect who supports cryptocurrencies. Trump's team also includes several politicians who support cryptocurrencies, such as the new SEC chairman Paul Atkins, the first White House AI and cryptocurrency chief David Sacks, and one of the heads of the Department of Government Efficiency, Musk, etc.
Accompanying this important event, which related cryptocurrency project tokens and meme coins may be worth paying attention to and deploying? In this article, PANews has sorted out a series of potential concept coins and meme coins based on Trump's core personnel relationships in the new government.
(Note: This article does not constitute any investment advice. Meme coins have large fluctuations, and users must conduct their own research (DYOR).)
Trump-related Concepts
Inspired by the Trump concept, the meme coins MAGA (TRUMP) and MAGA Hat (MAGA) have already become the leading tokens of the American concept meme coins. As of January 6, MAGA(TRUMP) and MAGA Hat (MAGA) have risen 20.82% and 12.12% respectively in a single day.
MAGA (TRUMP)
At the end of February last year, MAGA(TRUMP) saw a significant increase, benefiting from the overall upward trend of the meme coin market at the time. At the end of May 2024, due to the impact of Trump's video remarks supporting cryptocurrencies and the Trump NFT gala, TRUMP rose sharply again, and reached a historical high of $17.51 on June 1.
Current price: $3.12
Current market cap: $141 million
MAGA Hat (MAGA)
The MAGA hat was a hat launched by Trump during the 2016 presidential campaign. It has the campaign slogan "Make America Great Again" printed in white capital letters on a red background. Since then, it has become a symbol of the Trump MAGA movement.
Current price: $0.0001123
Current market cap: $46.12 million
In addition, there are a number of tokens related to the Trump family's DeFi project World Liberty Financial that are worth watching, such as the project's recent large purchases of ETH, cbBTC, LINK, AAVE, ENA, and ONDO.
Musk-related Concepts
Dogecoin DOGE
Due to the same abbreviation as the Department of Government Efficiency established by Trump and to be led by Musk, DOGE has become a potential target for deployment. In addition, Musk himself is also a loyal fan of Dogecoin.
Current price: $0.3827
Current market cap: $56.4 billion
Department Of Government Efficiency (DOGE)
A meme coin that shares the same abbreviation as the Department of Government Efficiency
Current price: $0.2319
Current market cap: $227 million
Peanut the Squirrel (PNUT)
PNUT is a meme coin based on a squirrel pet prototype, whose prototype was euthanized by the New York Environmental Protection Bureau due to rabies. On the first weekend of last November, PNUT became the object of speculation for Degens, with its market value exceeding $100 million in a single day. Musk joined the mourning activities and tweeted repeatedly, which evolved into an attack on the Democratic Party. Musk tweeted on November 13 that "America was saved by a squirrel and a meme coin", which triggered a surge in PNUT.
Current price: $0.7361
Current market cap: $734 million
Kekius Maximus(KEKIUS)
On December 31, 2024, Musk changed his Twitter profile picture to an image similar to the Pepe frog, and changed his name to Kekius Maximus, which attracted widespread attention. Musk has also mentioned that he will name a new character in the game "Path of Exile" as Kekius Maximus. According to netizens' speculation, the name Kekius Maximus is related to the Pepe meme culture. On January 2, Musk's X account changed the frog avatar and "Kekius Maximus" nickname back to his own name, and the related concept coins have declined.
Current price: $0.09975
Current market cap: $103 million
Concepts Related to White House AI and Cryptocurrency Chief David Sacks
The White House AI and Cryptocurrency Chief, David Sacks, was a co-founder of PayPal and is a member of the famous "PayPal Mafia" and a close friend of Musk. There are reports that Sacks is also a supporter of SOL.
dYdX (DYDX)
dYdX is one of the projects invested in by Craft Ventures, the company founded by David Sacks. On December 6, 2024, DYDX rose 30% with Sacks' appointment.
Current price: $1.60
Current market cap: $1.15 billion
Handshake (HNS)
Handshake is also a project invested in by Craft Ventures, Sacks' company.
Current price: $0.01011
Current market cap: $6.51 million
0x Protocol (ZRX)
David Sacks is an advisor to the 0x Protocol project, whose token is ZRX.
Current price: $0.5336
Current market cap: $453 million
In addition, the meme coins related to Sacks' own concept include David Sacks (SACKS), with a current market cap of $549,900; Crypto Czar (CZAR), with a current market cap of $396,000.
There are also MOOSE and GUS, two meme coins related to David Sacks' pet dog. Sacks has interacted with projects using Moose, and has also mentioned Gus on the X platform. The current market cap of MOOSE is $1.3 million, and the current market cap of GUS is $36,000.
Concepts Related to the New SEC Chairman Paul Atkins
Reserve Rights (RSR)
Paul Atkins was previously an advisor to the Reserve Protocol, so RSR is considered to be linked to him. On December 4, 2024, RSR surged 88% due to rumors that Atkins would become the SEC chairman.
Current price: $0.017
Current market cap: $896 million
