Meme Coins Surge with Trump’s Return to Politics
The latter half of January has seen meme coins, especially the Official Trump Token (TRUMP), soar amid political developments tied to Donald Trump. $TRUMP surged 167%, reaching $79.34 before facing volatility. Currently at $34.31, it seeks support at $45.07. Dogelon Mars (ELON) also saw an 82% rise, driven by Elon Musk’s influence, while SPX6900 surged 28% amid its connection to the SPX 500 stock market index. These coins reflect the power of politically charged narratives in the crypto world.
Material prepared by the exchange: coytx.com
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