Since Trump won the presidential election, the crypto market has performed well, especially Bitcoin, which has been rising all the way and even broke through the $90,000 mark. At the same time, various sectors have also performed well, and Memecoins such as Dogecoin (DOGE) have performed particularly well. Today, we are in a period where altcoins are gradually rising, and various different sectors are gradually ushering in a new round of hype, especially Meme coins, which have rebounded very strongly.
1. Hot new coins launched: ACT and PNUT
Recently, Binance launched two new meme coins, $ACT and $PNUT. Although the market capitalization of these two coins is relatively low, they have attracted great attention from the market. In particular, $ACT, although its trading volume is not large and its fundamentals are not very strong, its increase is very amazing, rising by more than 2000% in 24 hours, setting a record for the increase of new coins launched on Binance. This also reflects that the market is very enthusiastic about this type of meme coin.
$ACT is a project that combines AI and memes. Many people were optimistic about it before, and its price rose more than 20 times in a short period of time. $PNUT is related to political topics. Both Trump and Musk have mentioned it. With their influence, the price of $PNUT has also risen sharply.
2. Dogecoin (DOGE)’s strong comeback
In addition to the newly listed meme coins, Dogecoin ($DOGE) has also begun to perform very strongly. Many people predict that $DOGE may surpass other mainstream coins in the next few weeks or even months and become the market leader. Especially with celebrities such as Musk and Trump, $DOGE has great potential and may appreciate further in the future due to the narrative related to the Department of Government Efficiency (D.O.G.E.) and the potential benefits of the X platform.
3. AI track: still an investment boom
Although memecoin is very popular, some other tracks are gradually attracting investors' attention. For example, the AI sector, although it performed very strongly at the beginning of the year, has not yet seen a significant increase. AI-related projects worth paying attention to include:
$TAO: This project has received support from well-known institutions such as Polychain and DCG, and was once regarded as the leader in the AI field. Although it has risen, it is still at a relatively low level and has a lot of room for growth.
$NEAR: In addition to AI, NEAR also has leading technology in chain abstraction and may become the next hot spot in the future.
$QUIL: This is a decentralized computer project with a small market cap, but it is worth paying attention to.
4. SOL ecosystem remains strong
In addition to meme coins and AI projects, some projects in the SOL (Solana) ecosystem still perform well. For example:
$JUP: A DEX aggregator on Solana. If you are optimistic about the SOL ecosystem, JUP is a good leverage option.
$JTO: This is a liquidity staking service provider, and the market still has hype expectations for the SOL chain's re-staking track.
$TNSR: NFT trading market on Solana. Although NFT has performed relatively coldly in this round of market, TNSR is still a project worth paying attention to.
5. Potential of the RWA (Real World Asset) Track
As institutions enter the market, the connection between crypto assets and the real world becomes closer. Under the influence of Trump, the RWA track is expected to usher in new opportunities. The following projects are worth paying attention to:
$ONDO: This is a project whose large-scale unlocking will occur in 2025. As the transaction volume gradually increases, it may perform well in the future.
$SKY: An old DeFi project with relatively stable price and solid fundamentals. It is a valuable coin that can be held for a long time.
$ENA: A stablecoin project. As the crypto stablecoin market continues to expand, ENA’s market valuation may also increase.
6. Re-pledge track: the potential of ETF re-pledge
In the hype of the crypto market, the re-staking track is also an area worthy of attention. In particular, ETF re-staking is currently at a relatively low market value and has great potential. Related projects include:
$EIGEN: Regarded as the leading target in the re-staking track, it may have greater room for development in the future.
$PENDLE: A project that continues to make progress and has launched the RWA partition. The current TVL (total value locked) has exceeded 150 million US dollars, and there may be a greater hype in the future.
