While Bitcoin and blockchain weren’t brought up in yesterday’s presidential inauguration speech, there’s optimism around new US President Donald Trump potentially easing cryptocurrency regulations. This could ignite the crypto market, potentially leading to significant growth for four specific tokens.<\/p>\n
Trump’s silence on Web3 topics during his inauguration fueled some concerns, triggering a market decline.<\/p>\n
However, there’s reassurance\u2014Trump has shown interest in crypto by recently launching $TRUMP, a meme coin celebrating his presidential victory.<\/p>\n
Additionally, the US Securities and Exchange Commission (SEC) is expected to revise its stance on cryptocurrency, which may lead to a bullish shift in the market.<\/p>\n
If the president acts on his crypto campaign promises within a reasonable timeframe, many meme coins have the potential for considerable gains this year.<\/p>\n
This includes utility-based tokens like $SLAP and $WEPE. Let’s explore four noteworthy options.<\/p>\n
$TRUMP is a new meme coin introduced by Donald Trump just three days ago to mark his election win, making it a noteworthy investment opportunity.<\/p>\n
In just three days, $TRUMP surged by 467.07%, reaching a market capitalization of $7.75 billion.<\/p>\n
Despite a dip caused by the launch of his wife\u2019s meme coin, $MELANIA, which decreased $TRUMP’s value by roughly 47%, $TRUMP has managed to regain prominence. It is currently valued at $39.20, significantly higher than MELANIA’s $4.46.<\/p>\n
Though the coin has seen volatility\u2014experiencing a 26% drop since yesterday\u2014it could rebound if the president implements favorable crypto policies as suggested.<\/p>\n
Investing during market downturns can be strategic; acquiring $TRUMP at its current price may yield substantial returns when the market recovers.<\/p>\n
Catslap ($SLAP)<\/a> is rapidly emerging as a meme coin, with validation seen both on its official site and the decentralized exchange (DEX) Uniswap.<\/p>\n The coin serves as the entry point to Catslap, the world’s first slap-to-earn game, blending competition, humor, and rewards.<\/p>\n Players engage in a clicker game, slapping characters like Donald Trump and Elon Musk to earn token rewards, which account for 10% of $SLAP\u2019s total supply.<\/p>\n The project also employs token burn mechanisms; as certain milestones are achieved, some of the total supply (9 billion) is burned, which could increase demand and value.<\/p>\n Thus far, $827,000 worth of $SLAP tokens have been burned, boosting its potential for appreciation post-listing on more exchanges.<\/p>\n At a current price of only $0.00179084, buying $SLAP from the official site<\/a> is a good value, especially since it’s about 7.5% cheaper than on Uniswap.<\/p>\n