Things related to Trump Memecoin magician TRIUMPH/USD has experienced a resurgence, bouncing from its lows set in September.
What happened: Cryptocurrency trader Unipcs predicted in a recent post on X that political meme coins will see an explosive rally in October.
He believe Maga Memecoin and other Trump-related meme coins could benefit from this.
| Cryptocurrency | Price | 7-day earnings (+/-) |
| MAGA TRIUMPH/USD | $2.95 | +65.8% |
| YOURSELF Six MAGA/USD | $0.00008792 | +45% |
| Donald Tremp TREMP/USD | $0.1883 | +44.4% |
| Department of Government Efficiency DOGE/USD | $0.10733 | +85.9% |
Cryptocurrency trader Davie Satoshi noted that the MAGA 3-Day Stochastic Relative Strength Index, another Trump-related meme coin, shows a bullish outlook. Temporary resistance lines are seen, but overall, the chart structure looks promising for a possible 3x price increase from current levels.
Also Read: 'Meme Coin Supercycle' Means 13 of the 20 Best-Performing Tokens Are Memes: Will Shiba and Dogecoin Be the First to Hit $100 Billion?
Why it is important: Coingecko data shows political meme coins with a valuation of $652 million.
According to Polimercado dataKamala Harris has a 50% chance of winning the 2024 election, compared to Donald Trump's 48%.
Read next:
Market news and data provided by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.