The meme coin market shows renewed activity with price surges for Dogecoin and the announcement of a TRUMP Coin gala dinner, attracting investor attention.
Dogecoin's Comeback
Dogecoin, the famous cryptocurrency, is back in the spotlight with a 12.7% jump to $0.1786. This rise coincides with a reduction in Elon Musk's involvement in government matters. Analysts are predicting a possible further increase to $0.70, with some even suggesting a level of $1.25 by 2025.
TRUMP Coin and the Gala Dinner
TRUMP Coin is also making headlines with the announcement of a private gala dinner hosted by former President Donald Trump. Attendance is limited to 220 token holders, with 25 receiving VIP invitations. The price of TRUMP Coin jumped 31% to $12.39 in light of these events.
New Meme Coins: Investment Prospects
Despite the rise of Dogecoin and TRUMP Coin, new players like BTFD Coin are entering the market, successfully reaching over $6.57 million in presale. The meme coin market is starting to show new trends, and investors are becoming interested in potential opportunities.
The revival of the meme coin market underscores investors' interest in this asset class, with loud news and potential changes in trend. How the situation will develop further remains to be seen.