Which Solana Meme Coin Should I Buy After Election Victory, Dogecoin, PNUT, MAGA, and JetBolt Surge Continues

November 7, 2024
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4 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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The recent U.S. election victory has sparked fresh excitement in the crypto world, and Solana meme coins are back in the spotlight. From the iconic Dogecoin (DOGE) to MAGA and PNUT, people are taking notice. JetBolt (JBOLT) is creating its own wave by adding real utility, aiming to appeal to both seasoned crypto enthusiasts and newcomers alike.

With choices like the classic Dogecoin (DOGE), the politically charged MAGA, the lighthearted PNUT, and the functionality-driven JetBolt (JBOLT), the question remains: which of these coins could buyers find most compelling in today’s market?

Dogecoin (DOGE): The Classic Meme Coin with 80% Surge

Dogecoin, the first and most iconic meme coin, is now trading near $0.1967, DOGE has jumped almost 80% in the past month, marking fresh highs for 2024. Renowned for its dedicated community and lasting popularity, Dogecoin consistently gains momentum from high-profile shoutouts—most notably from figures like Elon Musk. They help keep Dogecoin in the spotlight despite the emergence of newer meme coins.

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Dogecoin (DOGE) price chart showing a surge of nearly 80% over the past month (from CoinMarketCap)

Analysts are closely watching DOGE’s support level at $0.1768, a key threshold for sustaining its upward trend. Holding above this level could signal more potential gains, although some foresee a brief cooldown following the recent rally. While some anticipate a slight pullback, Dogecoin’s history and fanbase make it a classic choice for anyone who loves a bit of crypto nostalgia mixed with serious potential.

MAGA: Political Coin Sees 58% Drop After Election

Representing Donald Trump’s “Make America Great Again” slogan, MAGA Coin has also seen significant attention post-election. Initially riding on the anticipation of Trump’s success, MAGA saw a rapid spike but experienced a sharp decline soon after, now trading around $1.67—a drop of over 58% in just 24 hours. Despite this drop, MAGA attracts a niche audience who view the token as a collectible and a political statement.

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MAGA’s volatility underlines the unpredictable nature of meme coins, especially those closely tied to real-time events. Some analysts believe MAGA could stabilize if broader market sentiment shifts, particularly with renewed political developments or statements from Trump himself. For those intrigued by politically charged assets, MAGA offers a unique angle, although its value may remain sensitive to abrupt changes.

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MAGA price chart showing a 24-h sharp decline of over 58% after election victory (from CoinMarketCap)

PNUT: 152% Weekly Increase for Solana’s Lighthearted Meme Coin

PNUT, built on the Solana network, has recently gained popularity thanks to its charming backstory involving “Peanut the Squirrel.” This meme coin, driven by social media and a lighthearted vibe, surged to $0.1334—up an impressive 152.62% over the past week. PNUT’s appeal is grounded in its humor and relatability, drawing in those who prefer a fun, lighthearted investment option without political associations.

Like many meme coins, PNUT’s price is highly volatile and can fluctuate significantly based on social media trends and public interest. Investors should be aware that these gains may be temporary, as the excitement around PNUT could wane. Still, for those seeking a playful and community-driven option, PNUT offers a unique entry into the meme coin space.

Whether it’s for the fun factor, the political edge, or the prospect of rapid gains, Solana meme coins are capturing attention in the post-election crypto scene. Meanwhile, JetBolt (JBOLT) is carving out its own path by adding real-world utility to the mix, positioning itself as a strong contender beyond the meme coin hype.

JetBolt: A Utility-Focused Altcoin with Over 42 Million Tokens Sold During Ongoing Presale

While JetBolt (JBOLT) may share the playful mascot appeal of meme coins, its functionality sets it apart. Unlike typical meme coins, JetBolt is a utility-focused altcoin built on the Skale Network with practical features that include zero-gas fees, making it ideal for users who prioritize low-cost, high-efficiency transactions. This feature positions JetBolt as an appealing option for developers and everyday users alike.

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JetBolt’s ecosystem includes an AI-powered insights tool, consolidating crypto news for its users. This tool makes it easier for users to stay informed without needing to monitor multiple sources. Additionally, JetBolt’s staking program offers straightforward rewards and community engagement, adding social and financial incentives for users. 

Currently in its presale stage, JetBolt has reached over $490,000 in sales. Early adopters can benefit from exclusive perks, such as up to 25% additional tokens through Alpha Boxes. For those looking for a tech-driven, community-oriented platform, JetBolt offers a refreshing alternative to traditional meme coins.

Which Solana Meme Coin Should I Buy After Election Victory, DOGE, PNUT, MAGA, and JetBolt Surge Continues

Which Coin Should You Buy Post-Election?

Each of these coins brings something unique to the table. Dogecoin remains the original meme coin, backed by a loyal community and plenty of media attention. MAGA Coin offers a politically charged option for those interested in assets tied to real-world events, while PNUT stands out with its humorous approach and vibrant community vibe. 

However, for those seeking a new kind of crypto experience, JetBolt brings a refreshing twist with its utility-driven features. Already attracting interest in its presale with over 42 million tokens sold, JetBolt offers a blend of accessibility and innovation that’s hard to overlook.

For the latest updates and to stay informed about JetBolt, check out these resources:

Official JetBolt Website: jetbolt.io

Telegram Channel: Join the Community

X/Twitter Page: Follow on X/Twitter

This piece is purely informational. Crypto can be unpredictable, and prices fluctuate a lot. Always do thorough research and proceed with caution when making investment decisions.

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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