An ambush on Trump's inauguration? This article combs the new government's crypto team and related concept coins
2025-01-08 11:01

Donald Trump, the Republican president-elect of the United States, will be inaugurated in 13 days on January 20. This is the first US President elected to support cryptocurrency, and Trump has a number of pro-cryptocurrency politicians on his team, such as the new SEC Chairman Paul Atkins, the first White House director of artificial intelligence and cryptocurrency David Sacks, and one of the heads of the Department of Government Efficiency Elon Musk, to name a few.

Along with this important event, what tokens and meme coins related to crypto projects might be worth paying attention to and laying out? In this article, PANews sorted out a series of potential concept coins and meme coins based on Trump's core relationships in the new administration.

(Note: This article does not constitute any investment advice, meme coins fluctuate greatly, users should be sure to research DYOR on their own.)

 

Trump-related concepts

埋伏“特朗普上任行情”?一文梳理新政府加密班底与相关概念币

meme coins MAGA(TRUMP) and MAGA Hat (MAGA), which were inspired by the concept of TRUMP, have become the head tokens of the concept meme coin in the United States, and as of January 6, MAGA(TRUMP) and MAGA Hat (MAGA) rose 20.82% and 12.12% respectively in one day.

MAGA (TRUMP)

At the end of February last year, MAGA(TRUMP) saw a significant rise, benefiting from the upward movement of the overall meme coin market at the time. At the end of May 2024, due to the impact of TRUMP's pro-cryptocurrency video remarks and the Trump NFT dinner, TRUMP rose sharply again and hit an all-time high of $17.51 on June 1.

Current quote: $3.12

Current market value: $141 million

MAGA Hat (MAGA)

The MAGA hat is a hat introduced by Trump during his 2016 presidential campaign. The campaign slogan "Make America Great Again" was printed in big white letters on a red background. Since then, it has become a symbol of Trump's MAGA movement.

Current quote: $0.0001123

Current market value: $46.12 million

In addition, there are a number of Trump family DeFi project World Liberty Financial related tokens to pay attention to, such as the project recently bought a large number of ETH, cbBTC, LINK, AAVE, ENA, ONDO and so on.

 

Musk-related concepts

埋伏“特朗普上任行情”?一文梳理新政府加密班底与相关概念币

Dogecoin DOGE

Because it has the same acronym as the Department of Government Efficiency established by Trump and will be led by Musk, DOGE is a potential target for layout. In addition, Musk himself is a big fan of Dogecoin.

Current quote: $0.3827

Current market value: $56.4 billion

Department Of Government Efficiency (DOGE)

A meme coin with the initials of the Ministry of Government Efficiency

Current quote: $0.2319

Current market value: $227 million

Peanut the Squirrel (PNUT)

PNUT is a meme based on a pet squirrel whose prototype was euthanized by the New York Environmental Protection Agency due to rabies. In the first weekend of November last year, PNUT became the object of the hype of the Degen, and the market value exceeded $100 million in one day. Musk joined the mourning and tweeted a series of tweets that turned into a crusade against the Democrats. Musk tweeted on Nov. 13 that "America was saved by a squirrel and meme coins," sparking a spike in PNUT.

Current quote: $0.7361

Current market value: $734 million

Kekius Maximus(KEKIUS)

On December 31, 2024, Musk changed his Twitter profile picture to resemble Pepe the Frog and changed his name to Kekius Maximus, causing widespread concern. Musk has also mentioned that the new character in the game Path of Exile will be named Kekius Maximus. According to netizens, the name Kekius Maximus has something to do with the Pepe Meme. On January 2, Musk X's frog avatar and "Kekius Maximus" nickname were changed back to his own name, and the related concept coins fell.

Current quote: $0.09975

Current market value: $103 million

 

White House Director of AI and crypto David Sacks

埋伏“特朗普上任行情”?一文梳理新政府加密班底与相关概念币

David Sacks, the White House director of artificial intelligence and encryption, is a former co-founder of PayPal, a member of the well-known "PayPal gang" and a close friend of Musk. Sources say Sacks himself is a supporter of SOL.

dYdX (DYDX)

dYdX is one of the projects backed by Craft Ventures, founded by David Sacks. On December 6, 2024, with Sacks' appointment, DYDX rose 30%.

Current quote: $1.60

Current market value: $1.15 billion

Handshake (HNS)

Handshake is also one of the projects invested in by Sacks' company Craft Ventures.

Current quote: $0.01011

Current market value: $6.51 million

0x Protocol (ZRX)

David Sacks is an advisor to 0x Protocol, a project with the token ZRX.

Current quote: $0.5336

Current market value: $453 million

In addition, there are David Sacks (SACKS), which has a current market value of $549,900; Crypto Czar (CZAR), current market cap: $396,000.

There are also MOOSE and GUS, two memes related to David Sacks' pet dog. Sacks has used Moose to interact with the project and tweeted about Gus on the X platform. MOOSE is currently valued at $1.3 million and GUS is currently valued at $36,000

埋伏“特朗普上任行情”?一文梳理新政府加密班底与相关概念币

 

New SEC Chairman Paul Atkins related concepts

埋伏“特朗普上任行情”?一文梳理新政府加密班底与相关概念币

Reserve Rights (RSR)

Paul Atkins was an adviser to the Reserve Agreement, which is why RSR is believed to be associated with it. On December 4, 2024, RSR surged 88% on rumors that Atkins would become SEC chairman.

Current quote: USD 0.017

Current market value: $896 million