The crypto market has experienced a surge following Donald Trump’s victor in the US elections. Crypto natives expect a pro-crypto Trump presidency could impact regulations, public opinion, and crypto price movements. Whether you’re into MAGA (TRUMP), moved by the story behind Peanut the Squirrel (PNUT), or sticking with the OG Dogecoin (DOGE), everyone’s wondering which election meme coin has the potential to explode. For those eyeing altcoins with groundbreaking features, JetBolt (JBOLT) is also emerging as a popular newcomer. This young altcoin boasts zero-gas tech and a seamless crypto-staking platform.
Will meme coins continue to pump or will altseason happen in a Trump presidency? Here’s a closer look at what’s happening to MAGA, PNUT, Dogecoin, and JetBolt as the US election results are announced.
MAGA Coin Sees Notable Price Decline Post-Election
MAGA Coin (TRUMP) is a meme coin built on the Ethereum blockchain. It is inspired by the "Make America Great Again" slogan of Republican presidential candidate Donald Trump.
MAGA Coin became popular with crypto enthusiasts, riding on Trump’s wave of popularity. Many holders see it as both a collectible and a way to express their political loyalty.
Some crypto analysts suggest the former president was favored by crypto investors because of his promise to replace the sitting US Securities and Exchange Commission (SEC) Chair Gary Gensler.
In an adjacent development, MAGA Coin's price grew in the hours prior to Trump’s victory, but the token’s price has since dropped by 21.7%. At press time, meme coin MAGA trades at $2.75.
MAGA Price Graph from CoinGecko showing 24 hour price movements and drop
PNUT Coin Sees $120 Million Market Cap Surge
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Peanut the Squirrel (PNUT) is a Solana-based meme coin that has recently exploded in popularity. Within just three days of launching, PNUT’s market capitalization surpassed $120 million.
The coin was inspired by Peanut the Squirrel, who gained a huge following, even going viral on social media. His owner, Mark Longo, posted adorable videos of him wearing tiny hats and doing tricks.
Sadly, Peanut was taken by the New York State Department of Environmental Protection for rabies testing and was euthanized, which led to an outpour of rage and support from online fans days before the election. Shortly after, the PNUT meme coin was created in Peanut’s memory.
The story gained even more attention after tech billionaire Elon Musk mentioned PNUT in his pinned tweet on social media platform X on Sunday. PNUT’s price hit $0.14 at its peak before early buyers started cashing out.
Since then, things have cooled a bit, and the coin’s market cap has dropped to around $107 million. PNUT is trading at $0.106 as of late.
OG Meme Coin Regains Traction Following the Election
Dogecoin (DOGE), the original meme coin, still holds its ground with its loyal fans in the Web3 space. Even with all the recent election hype, DOGE has stayed relevant. The first-ever meme coin in the crypto space managed to move past the $0.20 level over the past few days, and it has made an 18.8% price gain in the last 24 hours.
While Dogecoin's recent price movement and technical indicators look intriguing, experts suggest whale and retail trader activity are needed to push the price of DOGE higher. But with its market cap and price action, expecting a major further rise might seem a long shot to many.
On the flip side, beyond meme coins, whales continue to explore next generation altcoins. Newer tokens such as JetBolt are experiencing growing popularity, catapulted by the growing demand for innovative new blockchain solutions.
Why is This New Altcoin Drawing Whale Interest?
While JetBolt is not a meme coin, it presents a fun and exciting lightning cat mascot. What makes JetBolt interesting is its revolutionary inclusion of Zero Gas tech.
With a recently kicked off fast growing presale, JetBolt gives early adopters a chance to get JBOLT tokens at early presale rates and with exclusive perks.
Early buyers have the opportunity to get up to 25% additional tokens through special Alpha Boxes when they purchase JBOLT tokens in batches. Over 42 million JetBolt tokens have been purchased so far, and the presale shows no signs of slowing down.
In addition to stellar presale numbers, JetBolt attracts a huge number of crypto enthusiasts and whales because of its groundbreaking features. One of these is the zero-gas technology, allowing users to make transactions without paying for expensive gas fees. Coupled with this, the JetBolt platform includes an already accessible AI utility feature, integrated wallet, and ready staking.
For those keen on earning crypto rewards passively, JetBolt offers a fun and beginner-friendly crypto-staking experience. Moreover, stakers can potentially earn extra tokens simply by connecting with their friends on the platform.
With its tech-savvy edge and growing presale momentum, JetBolt shines as one of the best new altcoins to watch after the US elections.
Final Thoughts - Meme coins Pump and Altcoin JetBolt soars
Election meme coins like MAGA and PNUT show contrasting narratives, with the former’s price action seeing price drops while the latter showing notable gains. Meanwhile, Dogecoin remains a classic with enduring fan loyalty. Not to be outdone, new altcoin JetBolt emerges as a token many are exploring, particularly blockchain enthusiasts looking for coins with innovation and utility. Its combination of features like zero-gas technology and exclusive presale perks sets it apart from other cryptocurrencies.
Curious about JetBolt? Check out the links below to learn more:
Official Website of JetBolt: jetbolt.io
Telegram: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
There is no financial advice or crypto advice in this piece. Always perform your own research and exercise caution when engaging with cryptocurrencies. All cryptocurrencies are risky and subject to high volatility.
