Is $ELON the ultimate beta play to $TRUMP and $MELANIA? Retail investors flock to best meme coins to buy – or managed exposure with $MEMEX.
A whirlwind weekend preceded today’s inauguration for incoming US President Donald Trump, which saw Trump launch an official meme coin that currently has a market cap of over $10 billion.
The craziness didn’t stop there. Mrs. Trump, aka Melania, also launched a meme coin, which is holding steady above $1.2 billion by market cap.
In less than 48 hours, these tokens entered the market and have become two of the largest meme coins, with $TRUMP overtaking $PEPE and briefly overtaking $SHIB. On a smaller scale, $MELANIA’s initial run has seen it shoot past established memes such as $POPCAT, $BRETT, and $MOG.
The $ELON coin just needs a single acknowledgment from @elonmusk and it shoots to $10B in a few hours.
Or he launches his own and it goes to zero in 5 minutes.
Study assymetric risk
— 007 (@SeeEnEffTee) January 19, 2025
Could $ELON Be The Next Trump-Affiliated Meme To Hit $1 Billion?
With $TRUMP and $MELANIA having hit such insane heights, attention is now turning to the next potential billion-dollar meme coin connected with the incoming President.
This is where $ELON comes in. It launched over the weekend alongside $TRUMP and $MELANIA but only managed to hit $240 million in market cap before a huge sell-off occurred.
At the time of writing, it currently ranges between $20-30 million, with an astonishing $153 million in 24-hour volume.
The dips on $TRUMP and $MELANIA seem to have found floors, and both meme coins have reversed and are holding steady. This has also occurred on the ELON chart, where $20 million seems to be offering good support and hasn’t been breached yet.
If the President and his First Ladies tokens continue their upward momentum, ELON looks like a great beta play with a much higher r:r (risk to reward) ratio than any other prominent figure’s meme coin.
Too Many Meme Coins To Keep Up With: If Only There Was A Brand New Project With A Meme Coin Index
Meme Index ($MEMEX) is a brand new project still in presale. It is building the perfect solution to the overwhelming number of meme coins on the market right now.
Holders of $MEMEX will have four indexes to choose from, each offering a different risk rating and consisting of meme coins. It is the ideal play for those looking for exposure to the meme coin sector but unsure of the best plays.
These indexes will be carefully curated, with the least risky basket including the likes of DOGE, PEPE, and SHIB. The riskiest play will be for pure degens only, with newer, small-cap meme coins making up the index. A zero or hero mentality is required.
The Meme Index presale has just blasted past $2.5 million in early-stage funding, and it seems the market has a serious appetite for such a unique offering.
Investors can stake their $MEMEX presale tokens for a crazy 880% APY while kicking back and simply waiting for the presale to conclude.
Join the Meme Index community on Telegram and X for the latest updates.
Visit The Meme Index Presale Website
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