‘President Trump makes people mad’ isn’t exactly breaking news.
But even by his standards, last night’s memecoin dinner for the top 200 buyers of his $TRUMP meme coin is really setting people off.
Democrats are livid at what they see as blatant corruption, selling access to the most powerful man in the world. And even some crypto lobbyists have concerns over the optics of shilling meme coins just when key regulators like the CFTF and the SEC are starting to finally take crypto seriously.
No one outside the Trump organization knows the exact guest list, but at least one name has surfaced – and it hasn’t done anything to cool the mood.
The top attendee was Justin Sun, founder of Tron, who recently returned to the US for a country-wide tour. The visit comes after Sun, who was sued by the SEC for fraud, finally saw the case dropped in February.
Tron remains a highly successful blockchain, both with the $TRON altcoin and as a major blockchain for $USDT transactions.
A first-of-its-kind Bitcoin meme coin launching just when $BTC hits a new all-time-high? Now that’s bullish indeed.
The project uses an innovative structure that connects the $BTCBULL token price to Bitcoin’s continued rise. Every time Bitcoin reaches one of six key price milestones, the BTC Bull Token project responds with either a token burn or an airdrop.
Solana may not be mass-producing memecoins on pump.fun like it used to, but it can still pump out the memes if necessary.
And since then, it’s been on a roll.
Over the past month, $MEW is up 62%. It’s rocking and rolling, likely also benefiting from Solana’s own rebound in recent weeks.
There’s no real utility with $MEW – it’s a meme coin, pure and simple. But judging by price performance, it’s one of the best meme coins so far this year.
Recent $MEW performance seems likely to continue as long as the market remains positive; with Bitcoin booming, that could be the case for a while.
The $SOLX roadmap calls for a token launch on Ethereum and other select chains (including Solana). Post-launch, those $SOLX tokens can be bridged to the Solaxy Layer-2 chain when it goes live.
The tokenomics reserves significant portions for platform development and exchange listing, demonstrating a commitment to the long-term success of the project.
In the meantime, $SOLX will be tradable on select DEXs and CEXs.
The Solaxy blockchain aims to increase scalability, reduce congestion, and achieve smooth, low-cost transactions. It adds Solana’s strengths to Ethereum’s reliability and potential, with a multichain token and Layer-2 architecture.
Is Trump trying to take advantage of his office and position?
He’s certainly hanging out with them more and more, regardless of who he annoys. By doing so, he’s giving tacit approval to memecoin mania.
That bodes well for the memecoins on this list.
Do your own research; all memecoins are volatile. But there’s certainly more potential than ever for the best memecoins to succeed.
