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Analysts Suggest The US Election Conclusion Will Now Shift Investor Attention Away From Trump Coins to DOGE and PEPU

November 8, 2024
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5 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

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As the election dust settles, experts believe meme coin favourites Dogecoin and Pepe Unchained may outshine Trump-themed tokens, driven by fresh presale success and Elon Musk’s influence on DOGE.

The US election’s conclusion has created a new focus in the crypto market, with investors moving their attention from Trump-themed tokens to Dogecoin (DOGE) and Pepe Unchained (PEPU). 

While politically themed tokens like MAGA (TRUMP) and Trump 47 surged in the days leading up to the election, analysts now suggest that the broader market, especially meme coins like DOGE and PEPU, may see sustained momentum as the post-election phase begins.

Dogecoin’s recent 55% rise over the past month reflects its unique position in this landscape. Thanks to Elon Musk’s unofficial endorsement through his anticipated role as head of a “Department of Government Efficiency” (D.O.G.E) in a Trump administration, Dogecoin has seen renewed interest. 

Market expert Justin Spittler dubbed Dogecoin “the ultimate Trump victory trade,” suggesting that Musk’s influence alone could fuel significant gains.

Dogecoin Primed for Major Gains Regardless of Political Outcomes

Dogecoin is currently positioned to capitalise on the political spotlight and renewed interest from Musk. The Tesla CEO’s consistent influence on the meme coin market has been well-documented and Dogecoin has benefitted once again from his casual endorsements. 

Shroom, a well-known market analyst, predicts that DOGE could break out from its current accumulation zone, potentially reaching highs between $1 and $2.8, with some models showing a cycle peak of $7—though a trillion-dollar valuation for DOGE remains speculative.

With its current market valuation of $23 billion at $0.16 per DOGE, analysts agree that while $1 seems realistic in the near term, higher targets would require extraordinary market support. According to AMCrypto, even $2.8 could be possible if a Musk-led D.O.G.E. initiative gains traction.

Pepe Unchained Gains Traction as Presale Crosses $25 Million

While Dogecoin has the advantage of high visibility, Pepe Unchained (PEPU) is swiftly emerging as a compelling new player in the meme coin space. 

Its presale recently crossed the $25 million milestone, supported by the launch of its Layer-2 “Pepe Chain” and the introduction of “Pump Pad,” a platform for creating and trading meme coins. 

Built on Ethereum’s Layer-2 infrastructure, Pepe Chain aims to solve many of the mainnet’s limitations by providing high-speed, low-fee transactions specifically tailored to meme coin trading.

Pump Pad is modelled after the success of Solana’s Pump.fun, which has generated over $173 million in revenue. This new feature enables creators to easily launch meme coins on Pepe Chain, adding locked liquidity and eliminating buy-or-sell taxes. 

Analysts believe these benefits, combined with the platform’s focus on affordability and scalability, give Pepe Unchained an edge in the crowded meme coin market.

Crypto analyst Umar Khan from 99Bitcoins stated that Pepe Unchained’s robust presale and early traction signal a promising future. Khan projects that PEPU could see “50-100x gains”, especially as interest grows in its Layer-2 capabilities. 

Early investors can still secure PEPU tokens for $0.01239 each, although the presale price will increase soon as milestones are achieved.

JOIN THE PEPE UNCHAINED PRESALE NOW FOR POTENTIAL HIGH RETURNS

Analysts Expect Meme Coins Like DOGE and PEPU to Lead the Market

With the election results now clear, many analysts are shifting focus from politically themed coins like MAGA (TRUMP) and Trump 47, which may struggle to maintain post-election momentum. 

Instead, the attention is turning to established meme coins and promising new projects. Dogecoin’s ongoing popularity reflects its ability to capture investor interest in both bullish and bearish political scenarios, while Pepe Unchained is primed to capitalise on a broader market shift.

As DOGE continues to benefit from Musk’s influence and Pepe Unchained builds out its unique ecosystem, analysts believe meme coins are positioned to gain regardless of political volatility. 

CAPITALISE ON THE GROWING PEPE UNCHAINED COMMUNITY TODAY

The shift towards these meme coins is already evident; Trump 47, for instance, has seen a price dip, signalling that investors may be pulling funds from political tokens and reallocating them to longer-term opportunities like DOGE and PEPU.

Crypto analysts, including Austin Hilton and Cilinix Crypto, have backed Pepe Unchained, further boosting its visibility. Hilton, who has a YouTube audience of 275,000 subscribers, recently referred to PEPU as a “huge” opportunity, emphasizing its presale success and potential for growth. 

The project’s upcoming decentralised exchange (DEX) listing, scheduled for shortly after the presale ends, has also contributed to investor enthusiasm.

Pepe Unchained’s Ecosystem Expands Beyond Pump Pad

Pepe Unchained isn’t stopping at Pump Pad. The project’s ecosystem continues to grow, with “double staking” options that offer a 94% APY—a feature that has attracted over 1.6 billion PEPU tokens before the presale has even closed. 

In addition to its staking rewards, Pepe Unchained emphasizes security, having undergone thorough audits by Coinsult and SolidProof.

Given the current market environment, meme coins like Pepe Unchained appear poised to benefit from renewed interest following the election. Trump’s pro-crypto stance has generated optimism across the market, potentially allowing features like Pump Pad to gain traction among a wider audience of meme coin enthusiasts.

The developers behind Pepe Unchained are committed to delivering on their roadmap, positioning PEPU to capitalise on meme coin demand and Ethereum’s DeFi capabilities. If the project can meet its community’s expectations, Pepe Unchained may indeed become a standout player in the Layer-2 ecosystem for meme coins.

Trump coins rise - PEPU

Dogecoin and Pepe Unchained Set to Dominate as Trump Coins Fade

As investors adjust to the new political landscape, many are reallocating their funds from Trump-themed tokens to more sustainable options like Dogecoin and Pepe Unchained. 

With strong community backing, celebrity influence and innovative features, both DOGE and PEPU offer distinct advantages in the meme coin market.

Dogecoin’s history of resilience, fueled by Musk’s endorsements, makes it a safe bet for meme coin enthusiasts, while Pepe Unchained’s presale performance and unique Layer-2 ecosystem position it as a potential high-growth opportunity. 

Investors looking to capitalise on post-election momentum may find DOGE and PEPU to be well-aligned with current market dynamics, setting the stage for further growth in the evolving meme coin landscape. 

For those exploring meme coins with strong community support and innovative technology, Pepe Unchained and Dogecoin appear to be the projects to watch as the market moves forward.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

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