This Coin Could Surge Like Bitcoin Did Back in 2013...

A new coin is emerging in the crypto world. And investing in it now could end up like Bitcoin or Ethereum during their first bull runs.

Trump-Related Coins Could Pump In October, Says Prominent Meme Coin Trader

Khyathi Dalal
October 01, 2024

The Trump-related Maga Memecoin (CRYPTO: TRUMP) has seen a resurgence, bouncing from its lows set in September.

What Happened: Crypto trader Unipcs predicted in a recent post on X that political meme coins will experience an explosive rally in October.

He believes Maga Memecoin and other Trump-related meme coins could benefit from that.

CryptocurrencyPrice7-Day Gains (+/-)
MAGA (CRYPTO: TRUMP)$2.95+65.8%
MAGA Hat (CRYPTO: MAGA)$0.00008792+45%
Donald Tremp (CRYPTO: TREMP)$0.1883+44.4%
Department Of Government Efficiency (CRYPTO: DOGE)$0.10733+85.9%

Crypto trader Davie Satoshi pointed out that the 3-day stochastic relative strength index for MAGA, another Trump-related meme coin, shows a bullish outlook. Temporary resistance lines are noted, but overall, the chart structure looks promising for a potential 3x price increase from current levels.

Also Read: ‘Meme Coin Supercycle’ Means 13 Out Of Top 20 Outperforming Tokens Are Memes: Will Shiba, Dogecoin Be First To Reach $100B?

Why It Matters: Coingecko data shows politicial meme coins at a valuation of $652 million.

According to Polymarket data, Kamala Harris has a 50% chance of winning the 2024 election, compared to DOnald Trump’s 48%.

Read Next: 

  • These 42 Cryptos Have Outperformed Bitcoin In 2024: No DOGE, No SHIB, But 8 Meme Coins Among Them
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