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Bitcoin surged previous $81K, sending meme cash hovering amid buoyant crypto market sentiment within the aftermath of Donald Trump’s election win.
BTC jumped over 2% up to now 24 hours and 17% within the final week to commerce at $81,123.49 as of two:40 a.m. EST. BTC’s bullish momentum spilled over into the meme coin house, resulting in a 19% soar within the lighthearted sector’s market capitalization, based on CoinGecko.
Bitcoin Surge Fires Up Small-Cap Tokens
Legacy meme coins akin to Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE) and Dogwifhat (WIF) all printed sturdy 24-hour positive aspects. DOGE emerged as the highest performer among the many massive 4 meme cash with a 23% surge.
But it surely was smaller-cap altcoins that led the sector’s rally. Act I The AI Prophecy (ACT) stole the present after it went ballistic and surged greater than 1,177%. Newcomer Peanut The Squirrel got here in second after it posted a 250% surge.
In the meantime, Sudeng (HIPPO), Kishu Inu (KISHU) and Dogelon Mars (ELON) recorded positive aspects of 33%, 26%, and 28%, respectively.
Cathie Wooden Says Trump ”Defanging” SEC Will Seemingly ”Turbocharge” US Economic system
ARK Make investments founder and CEO Cathie Wooden stated Trump ”defanging” the US Securities and Alternate Fee (SEC) after his election victory would probably ”turbocharge the US economic system.”
She added in a video shared on X that authorities spending cuts, tax cuts, and a deal with technologically enabled innovation would even be key drivers of an financial resurgence beneath Trump.
We’re floored with the assist coming in for PEPU! 🔥
26 million hit with no indicators of slowing down, this neighborhood is #1!! 🐸💚 pic.twitter.com/zyxceMDwxJ
— Pepe Unchained (@pepe_unchained) November 9, 2024
Meme coin presales are additionally being buoyed by optimism over Trump’s US election win. New PEPE rival Pepe Unchained (PEPU) has soared previous $26.6 million in funds raised in some of the profitable presales ever. The token’s added greater than $1.6 million in simply the previous 4 days.
One other beneficiary of the Trump impact is FreeDum Fighters (DUM), a satirical PolitiFi token that’s racing towards $500k in funds raised in its presale.
Associated Articles:
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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