MAGA Puss ($PUSS), linked to Donald Trump, goes live as Solana memes lead market rally By Invezz.com

MAGA Puss ($PUSS), linked to Donald Trump, goes live as Solana memes lead market rally By Invezz.com
MAGA Puss ($PUSS), linked to Donald Trump, goes live as Solana memes lead market rally By Invezz.com

Invezz.com – The cryptocurrency market started the week with bearish trends as it fell to $60,000.

While macro elements such as the Federal Reserve’s outlook on interest rates hurt sentiments, updates on Mt. Gox and BCH liquidating to pay creditors magnified market instability.

However, meme-based cryptocurrencies reversed the trend and MAGA Puss ($PUSS) joined the market on June 26 to capitalize on the impending strong recoveries.

Solana meme tokens lead the rise

Thematic digital tokens continue to outperform the market.

While Bitcoin and gained 1.13% and 0.89% in the last day, the top Solana memes rose as much as 20%.

PONKE, POPCAT and WIF dominated the trends with notable daily gains.

However, Dogwifhat’s significant rebound after losing more than 30% last week drew attention.

WIF gained more than 20% in the last 24 hours to hover around $2.03 at the time of this publication.

WIF 1-day chart on Coinmarketcap

It has more than $2 million in market capitalization, ranking as the 58th largest cryptocurrency by value.

WIF rose to ATHs of $4.84 in March 2024 before market-wide corrections over the past three months sent it down 60% from its all-time highs.

However, current price trends indicate possibilities for strong rebounds to record levels.

The altcoin has capitalized on the dog mania on the Solana network since its launch late last year.

Meanwhile, Dogwifhat drew attention for its community focus and carefree approach.

Its rapid rise to compete with established tokens like and SHIB underlines how quickly thematic assets are gaining popularity.

Meowing America Great Again (MAGA) Puss is a cat-Trump cross coin that looks poised to become the leading asset in the world of meme tokens.

Introducing MAGA Cat

MAGA Puss launched its pre-sale on June 26 and the project appears to have what it takes to regain a top spot in the cryptocurrency theme space.

In addition to taking advantage of Solana’s meme craze, MAGA Puss’ uniqueness and the team’s strategies set him up for greatness.

Firstly, MAGA Puss chose Solana for its reliability, speed and cost, making the alternative available to all enthusiasts.

Plus, its timing seems strategic. The token linked to Donald Trump has joined the market as the US political scene heats up.

MAGA Puss is likely to take advantage of Trump’s popularity in the cryptocurrency sector and campaign rumors of rapid growth in 2024.

That positions the native $PUSS for impressive price action in the coming sessions.

Meme cryptocurrencies have outperformed sectors such as AI and RWA tokens in 2024.

The trend is likely to continue, resulting in strong growth for digital coins like MAGA Puss.

You can visit their official website to “Grab Them By The PUSS”.

The post MAGA Puss ($PUSS), linked to Donald Trump, goes live as Solana memes lead market rally appeared first on Invezz

This article was originally published by Invezz.com

 
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