The second half of January is promising to be political for meme coins, coinciding with Donald Trump’s return to the focus. Leading this week is Official Trump Token (Trump).
Tintucbitcoin also analyzed two other prominent Meme Coin than big competitors, bringing an insight to investors.
Official Trump (Trump)
Trump is continuing to lead Meme Coin this week, thanks to the executive commands and announcements from US President Donald Trump. The connection with Trump has enhanced the popularity of this token, attracting investors’ attention in a disturbing political context.
Token Trump has increased sharply by 167%, reaching the highest level ever 79.34 USD. This price increase reflects the high excitement of the market, stimulated by Trump’s controversial actions and increasing attention with political -themed cryptocurrencies. However, tokens have experienced fluctuations since this peak.
Currently trading at 34.31 USD, Trump is targeting 45.07 USD as a support to maintain an increase trend. If this level is not kept, the price may be reduced to $ 26.09 or lower, opposing optimistic prospects.
Dogelon Mars (Elon)
Dogelon Mars has significantly achieved attention this week thanks to Elon Musk, now the head of Trump’s effective government (DOGE). This connection has strengthened the attraction of this Coin meme in the eyes of investors who are looking for opportunities to associate with Musk’s influence in the field of cryptocurrencies.
Elon’s price increased by 82%, reaching 0.0000003512 USD after maintaining the support level of 0.0000002921 USD. This rise helps coin aimed at 0.0000004000 USD, reflecting increasing beliefs into the potential growth.
Although the price adjustment seems not likely in the short term, the unexpected seller can push Elon to below 0.0000002921 USD. The drop to $ 0.00002389 will remove recent profits and deny optimistic prospects.
Spx6900 (Spx)
SPX6900, a Coin meme related to the SPX 500 stock market index, has attracted great attention from investors. The attraction of this Coin meme lies in the relationship with the fluctuations of the stock market, especially in the context of increasing interest since Donald Trump was the president. This connection positions Spx6900 as a unique asset in the cryptocurrency market.
This token has increased by 28%, reaching the highest level of the time of 1.77 USD before adjusting to 1.30 USD at the time of writing. Despite adjustments, SPX6900 is still a focus for traders who want to take advantage of fast price movements. Combining maintenance can lead to recovery.
If the Spx6900 retains the support level at US $ 1.23, it can regain the rise and be able to surpass the highest level before. However, if this important support milestone, tokens may be reduced to $ 0.91, losing recent profits and weakening optimistic prospects.
