RAY, BEST, PURPE, WEPE, SOL, SOLX

The meme coin sector plummeted, led by sharp declines in $TRUMP and $MELANIA after inauguration day, sparking a seek for the most effective crypto to purchase now as traders search extra promising alternatives.

The common value of meme cash plunged virtually 24% up to now 24 hours, whereas new Trump household meme cash Official Trump ($TRUMP) and Melania Meme (MELANIA) plummeted 39% and 67%, respectively, in response to CoinMarketCap.

Euphoria within the crypto business over the beginning of Trump’s second time period as president has given option to a downbeat temper after his inauguration day speech failed to say crypto in any respect. Trump’s first day in workplace additionally handed with no single reference to the crypto business.

Crypto belongings total plunged virtually 6% to a market capitalization of $3.53 trillion, and the search is now underway to search out cryptos that may carry out within the early, doubtlessly risky, days of the brand new Trump administration.

RAY Tops Gainers

Whereas TRUMP and MELANIA plunged all through the previous day of buying and selling, Raydium (RAY) was the highest performing main crypto with an 11% pump. It’s additionally surged 52% up to now week. 

Ought to this optimistic momentum proceed, RAY may beat the all-time excessive of $16.93 that it set 3 years in the past, which might convey a 55% acquire from the crypto’s present value.

Whereas RAY tries to succeed in a brand new ATH, traders may also wish to contemplate shopping for into the presale for Finest Pockets (BEST). 

At the moment in its presale section, the undertaking goals to supply the final word custody answer for crypto traders, enabling them to handle, safe, and develop their digital asset holdings all from inside one app.

Constructed for simplicity, powered by innovation.

Finest Pockets is your all-in-one answer for managing, buying and selling, and monitoring crypto. Unlock unique entry to highly effective instruments and ALPHA on the most popular new tasks! 🔥

Obtain Now 📲 https://t.co/he5kzra7TY pic.twitter.com/tk0loLzzId

— Finest Pockets (@BestWalletHQ) January 20, 2025

One standout function is an Upcoming Tokens part that flags the most popular new crypto presales. There’s additionally a lovely staking alternative on supply to anybody who buys and locks BEST tokens throughout this early stage, with a 236% Annual Proportion Yield up for grabs.

Frog-Themed Purple Pepe Tops Meme Coin Gainers

Meme cash plunged and frog-themed tokens noticed their collective market cap drop over 4% within the final 24 hours as leaders Pepe (PEPE), Brett (BRETT) and Turbo (TURBO) all suffered losses.

However PURPLE PEPE (PURPE) managed to buck this development to emerge because the top-performer within the sector with a greater than 66% value surge.

PURPE has been in a destructive development over the previous couple of weeks, however the current surge was sufficient to flip its weekly efficiency again into the inexperienced. Now, the meme coin may return to the long-term development that has seen its value soar greater than 200% over the past yr. 

Much like RAY, PURPE’s present value is a good quantity away from its all-time excessive. Ought to PURPE attempt to attain a brand new peak, it may result in a 70% acquire for traders that purchase into the meme coin now.

One other frog-themed token that’s gearing as much as enter the general public market is Wall Road Pepe (PEPE). WEPE is essentially the most profitable presale of the yr after elevating greater than $53.9 million and funds proceed to flood into its coffers. There at the moment are solely 26 days left earlier than it launches.

Crypto analyst and YouTuber ClayBro, who has over 134K subscribers, predicted that WEPE may doubtlessly skyrocket 100X after its launch.

Trump Household Meme Cash Worsen Solana Congestion That SOLX Is Designed To Repair

The Trump household’s current meme coin launches have sparked a surge of exercise within the Solana ecosystem, drawing a flood of latest traders to the fast-growing blockchain.

Regardless of this inflow, the Solana value plunged greater than 8% within the final 24 hours, as traders fear concerning the community congestion that’s been worsened by a buying and selling increase triggered by TRUMP household meme cash that launched on the blockchain.

Whereas this buying and selling surge highlights Solana’s reputation and progress potential, and thus why it’s probably an excellent purchase proper now, it additionally underscores a serious difficulty: the community’s present incapability to deal with such a excessive quantity of transactions with out slowing down.

The congestion has already led to outages and delays for platforms like Coinbase and Phantom Pockets, and that is solely anticipated to worsen as extra meme cash launch. That is the place Solaxy (SOLX) steps in.

As a Layer-2 answer, Solaxy is designed to ease Solana’s scalability challenges by offering a aspect chain that operates alongside the primary community. Solaxy’s know-how will assist offload transaction processing, making certain that Solana can proceed to scale with out the bottlenecks at present threatening its progress.

As Solana continues to dominate the meme coin house, and with talks of a 2025 meme coin supercycle gaining momentum, options like Solaxy will probably be essential for supporting the community’s long-term success.

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