- The crypto market continues to fluctuate as market players remain on the sidelines. However, investors and traders continue to scout for opportunities. A crypto analyst with a large following sees opportunities for two meme coins ahead of the US presidential elections in November. The analyst predicts these two tokens will rise during the election process.
- Recently, the meme coin wind in the market has subsided. However, some continue to attract attention by defying the market downturn. Popular analyst, Altcoin Sherpa, sees the upcoming US elections as an opportunity for two meme coins. In this context, the analyst predicts that the MAGA (TRUMP) and Joe Boden (BODEN) meme tokens will perform better due to election year excitement.
- Altcoin Sherpa shares his views for these two meme coins: “My current meme coin strategy: Concentration in one sector: US politics. I own TRUMP USA and I want to buy BODEN. This should be the biggest narrative when the election stuff really gets going later this year. Trump will constantly be in the news and doing his normal antics. I also want to buy something big and strong like DOGE later. However, I will be patient about this. I think it will do something crazy later this year.”
As the crypto market fluctuates, investors and traders scout for opportunities. A crypto analyst predicts a rise for two meme coins during the US presidential elections. Concentrating on US politics, the analyst owns TRUMP USA and plans to buy BODEN.
Altcoin Sherpa: These 2 Meme Coins Will Be in My Basket!
Altcoin Sherpa, a popular analyst, sees the upcoming US elections as an opportunity for two meme coins, MAGA (TRUMP) and Joe Boden (BODEN). He predicts that these tokens will perform better due to election year excitement. The analyst’s current strategy is to concentrate on one sector, US politics. He owns TRUMP USA and plans to buy BODEN, expecting the biggest narrative when the election process really gets going later this year.
Santiment Makes Interesting Observations for Meme Coins
Altcoin Sherpa definitely says that meme coins should be part of a portfolio. The analyst advises to forget about Defi/L1s/metaverse/gaming/RWA. When it comes to narratives/categories, meme coins should be at the top of your list. Meanwhile, Blockchain analysis platform Santiment noticed a clear correlation between the price movement of the two meme coins and the behavior of the two candidates. Santiment shared its findings with the following statements: “Most of the references to these recent meme coin surges are going to Donald Trump and his crypto-friendly endorsements. As seen, mentions of Trump rose near the local bottom of the cryptocurrency, where traders feared crypto-opposed policies along with Biden.”
Conclusion
As the crypto market continues to fluctuate, opportunities arise for investors and traders. Altcoin Sherpa, a popular crypto analyst, sees potential in two meme coins, TRUMP and BODEN, in the context of the upcoming US elections. Meanwhile, Blockchain analysis platform Santiment has observed a correlation between the price movement of these meme coins and the behavior of the candidates. As the election process unfolds, these meme coins could offer interesting investment opportunities.
