Trump Pump: 5 Meme Coins to Watch for the Rest of 2024

All eyes have been on Bitcoin, as it shatters records and continues to break all time highs again and again. However, this pump has been well spread across crypto, and while all eyes seem to be on Bitcoin, the biggest gains have been in an unlikely corner of the crypto-sphere: Memecoins. 

From dogs to frogs to squirrels, the zoo of memecoins are flying past all price expectations - with one coin pumping a mind bending 1600% over the course of a week. Here’s the top tokens to keep an eye on as the industry continues to revel in Trump’s victory.

Peanut the Squirrel

The big winner of the week has been Peanut the Squirrel (PNUT) - rising 1600% in the past week and up 260% over the course of one day at the time of writing. This token is a newcomer to the crowded world of meme coins, but quickly making its name well known. The pump is only logical, given the outsized role the real Peanut the Squirrel took in the election and in Trump’s campaign, receiving a shout out from JD Vance at a rally. 

Dogecoin

The dog days are not over, as Dogecoin (DOGE) flew up over 115% in a week's time. The recently announced Department of Government Efficiency (D.O.G.E.), to be headed by none other than Elon Musk himself, means that DOGE’s biggest fan and promoter is taking the helm of his very own governmental department - and putting the coin directly in the spotlight. 

Pepe

Those who said memecoins like Pepe (PEPE) were bound to croak are biting their tongues after seeing Pepe’s constant rise. The coin has been jumping off the charts, up almost 100% in one week.

Milady Meme Coin

Does everything Elon Musk touches turn to gold? That might be the case with the Milady Meme Coin (LADYS), which received a shoutout from the entrepreneur and crypto guru that  pumped the value of the coin back a couple of years ago. But that aura of success has not left the coin, pushing up the token price a whopping 83% in under a week.

Bonk

Bonk is another relative newcomer to the meme coin party, and it had some dramatic peaks and falls in the past year. But this past week has been kind to Bonk (BONK) with a solid 75% rise over the past seven days and approaching an all time high.

The industry continues to hold its breath as these coins reach new highs and defy the critics. Everyone will be closely watching these tokens, and meme coins in general, as the world inches closer to Trump taking office this coming January.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.