Elon and Trump: Could A New Memecoin Be On The Horizon?

Mark your calendars for August 13 at 00:00 UTC, as @elonmusk and @realDonaldTrump are set for an intriguing conversation.

Events like this, featuring such influential figures, can often spark the creation of new meme-driven cryptocurrency pools.

Currently, several memecoins related to these two powerhouses are making waves on iCrypto.ai. Here’s a rundown of the trending coins: $GROK, $TrumpX, $DMUSK, $TRUMP, $GROK2, and $FIGHT.

😂 #Elon & #Trump: New Memecoin May Be Coming Up!!!

Mark your calendar, Aug 13 at 00:00 UTC+0, there will be an extremely interesting conversation between @elonmusk and @realDonaldTrump. Any major social events created by famous people, especially like D. Trump and E. Musk,… https://t.co/UrVIslMuas pic.twitter.com/2F3x5ndKt2

— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) August 12, 2024

$TrumpX: Is a Major Surge on the Horizon?

@realDonaldTrump has made his comeback after a three-year hiatus, sharing his latest thoughts and concluding with the declaration: “We will Make America Great Again! #TrumpOnX.”

In the wake of this, a new memecoin, $TrumpX, has surged by an astounding 1100% within the last three hours. Early buyer sentiment is mixed: out of 50 early adopters, 34 have sold all their holdings, 4 have sold some, 8 are holding onto their coins, 1 has increased their position, and 3 have transferred their tokens to other addresses.

https://twitter.com/iCryptoAI/status/1822927039122579970?t=tDSo8kwNO3O1Z1WwvwWTQA&s=19

➡️ This sentiment suggests either the potential for further gains with $TrumpX, or that quick sales may be necessary.

One early buyer, using the wallet address 0xab04 (icrypto.ai/wallet/0xab040…), made a savvy investment by purchasing 1.02 billion $TrumpX for just $47.7. Ten minutes ago, they partially cashed out, selling 255.5 million $TrumpX for around $4.7K—a staggering 39,400% profit. The remaining balance is still valued at $13.4K.

With momentum building, it will be interesting to see if $TrumpX continues to rise or if the early rush to sell signals a peak.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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