The latter half of January is shaping as much as be politically charged for meme cash, coinciding with Donald Trump’s return to the highlight. Main the pack this week is the Official Trump Token (TRUMP).
BeInCrypto has additionally analyzed two different standout meme cash that outperformed main gamers, providing insights for traders.
Official Trump (TRUMP)
TRUMP continues to dominate meme cash this week, pushed by govt orders and bulletins from US President Donald Trump. The token’s title affiliation with Trump has amplified its recognition, attracting investor curiosity amid the politically charged surroundings.
The TRUMP token surged by a powerful 167% this week, briefly reaching a brand new all-time excessive of $79.34. The rally displays heightened market enthusiasm, fueled by Trump’s polarizing actions and rising consideration to politically-themed cryptocurrencies. Nonetheless, the token has confronted volatility since its peak.
At present buying and selling at $34.31, TRUMP goals to safe $45.07 as help to maintain its uptrend. Failing to carry this stage may push the worth right down to $26.09 or decrease, invalidating the bullish outlook.
Dogelon Mars (ELON)
Dogelon Mars gained important traction this week resulting from its affiliation with Elon Musk, now main Trump’s Division of Authorities Effectivity (D.O.G.E.). This connection has bolstered the meme coin’s enchantment amongst traders looking for alternatives tied to Musk’s affect within the cryptocurrency area.
ELON’s worth surged 82%, reaching $0.0000003512 after efficiently holding $0.0000002921 as a help stage. This upward momentum positions the coin to focus on $0.0000004000, reflecting rising confidence in its potential for additional positive aspects.
![TRUMP, ELON Rally, SPX Trades In Inexperienced 2 ELON Price Analysis](https://beincrypto.com/wp-content/uploads/2025/01/elon.png)
Though worth correction appears unlikely within the brief time period, sudden sell-offs may push ELON under $0.0000002921. A drop to $0.0000002389 would erase latest positive aspects and invalidate the bullish outlook.
SPX6900 (SPX)
SPX6900, a meme coin related to the SPX 500 inventory market index, has garnered important consideration amongst traders. The meme coin’s enchantment lies in its affiliation with inventory market fluctuations, notably amid heightened market curiosity since Donald Trump’s presidency. This connection positions SPX6900 as a singular asset within the crypto market.
The token surged by 28% not too long ago, reaching an all-time excessive (ATH) of $1.77 earlier than retracing to $1.30 on the time of writing. Regardless of the correction, SPX6900 stays a focus for merchants looking for to capitalize on its speedy worth actions. Sustained momentum may result in a restoration.
![TRUMP, ELON Rally, SPX Trades In Inexperienced 3 SPX Price Analysis](https://beincrypto.com/wp-content/uploads/2025/01/spx-1.png)
If SPX6900 holds its $1.23 help stage, it may regain its upward trajectory and probably surpass its earlier ATH. Nonetheless, shedding this important help may push the token right down to $0.91, wiping out latest positive aspects and undermining its bullish outlook.
Disclaimer
In keeping with the Belief Challenge tips, this worth evaluation article is for informational functions solely and shouldn’t be thought-about monetary or funding recommendation. BeInCrypto is dedicated to correct, unbiased reporting, however market situations are topic to alter with out discover. At all times conduct your individual analysis and seek the advice of with knowledgeable earlier than making any monetary choices. Please observe that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.