The crypto house skilled a significant setback through the first half of February, highlighting elevated volatility. Nonetheless, the market has displayed a major restoration this week. Following this, the memecoin section has recorded the best features.
By evaluating the current market statistics, high buyers are curious with questions like “Is that this a very good time to put money into memecoins? And “When will the altcoin market start?” Via this text, we now have uncovered the market sentiment and attainable value evaluation of OFFICIAL TRUMP & WIF memecoins.
Arthur Hayes Quotes An Optimistic Opinion On Memecoins!
Arthur Hayes, a well known crypto analyst with followers of over 144K on the Medium e-newsletter platform has not too long ago coated his ideas on the political memecoin market. Reportedly, his article states that Memecoins could possibly be the best type of political promoting throughout an election marketing campaign.
Notably, the US 2026 election might witness numerous new private political manufacturers created by memecoin. Furthermore, he concludes by stating that if the cryptocurrency sentiment improvises, the TRUMP coin will doubtlessly result in Bitcoin.
OFFICIAL TRUMP (TRUMP)
The TRUMP value jumped ~19% in 24 hours with a buying and selling quantity of $2.471 billion. Additional, it has jumped 8.42% in seven days and ~200% during the last 30 days. With a YTD return of 196.33%, this memecoin has a market cap of $3.844 billion.
The EMA 50-day is on the verge of experiencing a constructive crossover within the 4H timeframe. Furthermore, the MACD indicator information an identical development within the Trump coin value chart. This means a rise within the buying-over-selling stress for the memecoin within the crypto market.
Suppose, the market favors the bulls, this might end result within the TRUMP memecoin value surpassing its rapid resistance stage of $21.80 and heading towards its higher excessive of $31.050. Nonetheless, a bearish reversal might pull the value towards its low of $12.050 this month.
Curious in regards to the long-term value prospects of the Donald Trump memecoin? Learn CoinPedia’s TRUMP Coin Pirce Prediction to uncover the attainable mysteries!
Dogwifhat (WIF)
After buying and selling below a bearish sentiment for a quick interval, the WIF coin value recorded a powerful bullish restoration in a single day. Notably, the SOL-based memecoin has soared over 20% in 4 hours with a leap of 15.52% in its intraday buying and selling quantity.
The Shifting Common Convergence Divergence (MACD) shows a rising inexperienced histogram with its averages on the verge of experiencing a bullish convergence. Nonetheless, its EMA 50/200-day information a detrimental value motion within the day by day timeframe. This means combined value motion for the Solana-based memecoin.
Sustaining its bullish motion might end result within the Dogwifhat memecoin heading towards its resistance stage of $1.3280. Quite the opposite, bearish sentiments might pull the value towards its essential help trendline of $0.50 this month.
Are you certainly one of many who’re planning on investing in WIF, however are inquisitive about questions like “Is WIF crypto a very good funding?” Learn our newest WIF value Prediction at the moment!
FAQs
This Political memecoin is accessible for buying and selling on all main centralized cryptocurrency exchanges.
On the time of writing, the worth of 1 Trump meme coin was $19.307.
With a 24-hour buying and selling quantity of $498.307 million, the Dogwifhat value is exchanging palms at $0.7164.