As the US election approaches, a notable trend is emerging: Trump-inspired meme coins are gaining popularity.
For example, the Baby Trump meme coin has recently skyrocketed in value and $DJT is currently garnering attention with significant trading activity.
But it's not the only Trump-themed token gaining attention: Base Dawgz, another meme coin currently in presale, is nearing its $2 million funding goal.
BABYTRUMP
With the US elections approaching, the price of Baby Trump is expected to rise. The price was $0.0026 four months ago and has now risen to $0.0075, a massive increase of 115.92%.
Its price was $0.005 in March, but has since exploded, reaching an all-time high of $0.02586 and is currently settling at $0.0075.
The token's value is expected to soar in the coming months as the election approaches, making this recent drop a good entry point for potential investors.
Baby Trump’s website is simple but informative, with detailed instructions on how to purchase the coin on various exchanges such as PancakeSwap, MEXC, BitMart, Uniswap, or via Ethereum transfer.
The graphics used on Baby Trump are eye-catching and capture Trump's facial expressions well, and the token could be one of the more prominent coins to capitalize on the current bullish trend as the US presidential election approaches.
Baby Trump has helped drive up its value by charging a 5% tax on the deals and using them to fund the Trump campaign. While not officially affiliated with Trump, the project has donated 5% of its marketing budget to his campaign.
With 410 million Baby Trump coins in circulation, the project is driven by a community of like-minded individuals and aims to set a new standard of high quality in the cryptocurrency space.
The project has partners with Gotbit and Ave.ai and is active on social media with Telegram, X, and Discord. Analysts are bullish on Baby Trump, predicting it to outperform other Trump-inspired coins.
Buying coins on the dip could provide you with strong returns, especially as they are expected to spike just before the US elections. Holding onto your coins could lead to big profits if they rise in value as expected.
However, this strategy relies on accurately timing the market, which can be difficult.For investors looking for a more established option in the same thematic space, another Trump-inspired token currently garnering attention is $DJT.
Trump Coin (DJT)
TrumpCoin (ticker symbol $DJT), a new meme coin on the Solana blockchain, is garnering a lot of attention. Just one day after its launch, it has already achieved a significant market cap and secured a listing on a major centralized exchange.
It is touted as the official Trump coin, but there is no confirmation that former President Donald Trump or his family are behind it. On DEXTools, $DJT's market cap fluctuates around $93.3 million, reflecting its volatile nature amid widespread popularity.
The token currently occupies the #1 spot on DEXTools’ Hot Pairs and has been listed on a variety of platforms, including Raydium, Jupiter, Orca, Meteora, etc. On June 18th, $DJT was listed on MEXC Global, making it available to a wider audience.
The token currently boasts a total supply of 10 billion units and is held by 10,000 people so far. Its price recently slumped to as low as $0.009 amid rumors and speculation surrounding its connection to Trump.
Adding fuel to this speculation was Martin Shkreli’s claims of involvement in the creation of $DJT and Barron Trump’s mention of knowledge of the project.
These revelations came to light during an X Spaces session after Arkham Intelligence announced a $150,000 bounty for identifying the creator of $DJT, leading Shkreli to bet a staggering $100 million on the token's authenticity.
Despite significant betting online about its legitimacy, only a small percentage of observers believe that $DJT was launched by Trump or his family.Currently, $DJT’s trading value has dropped significantly from its peak, currently at $0.009, a drop of 49.98% over the past 24 hours.
However, with the US elections approaching, this token could see a sharp rise in value, making it an attractive investment opportunity. Investors are advised to keep an eye on this token as it has the potential to deliver significant gains.
Recently, Trump-related tokens have been causing a stir in the market, and the presale of the multi-chain token “$DAWGZ” is also attracting a lot of attention, with its sales approaching $2 million.
Bass Dogs (DAWGZ)
The cryptocurrency market is buzzing with the ongoing presale of Base Dawgz, a multi-chain token designed for widespread accessibility.
This innovative project allows users to operate on various blockchains, including Base Chain, Ethereum, Solana, Binance Smart Chain, and Avalanche, promoting interoperability across the decentralized ecosystem.
Investors can participate in the presale through Base Dawgz’s official website, a treasure trove of information, where they can find links to social media channels, a detailed white paper, an independent audit report by SolidProof.io (verifying security and compliance), and other important project details.
Base Dawgz boasts a vibrant online community, with over 3,000 active users engaging with the project team on platforms such as X and Telegram. This engaged community receives regular updates on funding milestones and exciting project developments.
The presale employs a structured token distribution model to encourage early participation. Notably, 20% of tokens will be allocated exclusively for the presale, with the price strategically increasing every 7 days to reward early investors. Strong investor interest is evident, with the presale approaching the $2 million mark.
good night $DAWGZ 🫶
I'll do my best tomorrow, too!
— Base Dawgz (@BaseDawgz) June 18, 2024
Going forward, Base Dawgz plans to be listed on a decentralized exchange after the presale, which will allow seamless token trading across different blockchains using the designated contract address.
The project also boasts a clearly defined roadmap outlining future stages, including social media expansion, marketing efforts and a possible listing on a centralized exchange.
Overall, Base Dawgz is positioned as a multi-purpose decentralized platform, allowing users to easily navigate and interact across multiple blockchain networks. To participate in the $DAWGZ token presale, visit basedawgz.com.
