Former US President and the current Presidential Candidate, Donald Trump, recently went through a traumatic experience when an attempt at his life was made during one of his rallies. In the aftermath, Elon Musk, as well as many other influential figures, endorsed Trump, and wished him a speedy recovery.
However, apart from potential political consequences, the incident could also have a major impact on the financial sector, specifically cryptocurrencies. It came as no surprise when the MAGA (TRUMP) token saw its price skyrocket on July 14, after the event had taken place.
However, experts believe that Dogecoin could be another meme coin to see a major price boost as a result of what happened. While Dogecoin is not associated with Trump in any direct way, it is quite closely connected to the public’s perception of Musk. After all, Musk has supported DOGE for years now, and his posts on X have often resulted in short-term price spikes in Dogecoin’s value.
With Musk pledging his support to the Trump campaign, Trump’s supporters might turn to Dogecoin in return. Furthermore, Trump said multiple times that he is more than willing to support the crypto industry should he win the upcoming election, which could also add to Dogecoin’s solid performance.
Experts have predicted that DOGE could soon see a price increase to $0.51, which is a similar prediction as the one made in 2021. At the time, DOGE hit an all-time high of $0.73, far exceeding expectations, so it isn’t too much of a stretch to assume that it could do something similar again.
However, a Dogecoin surge could also affect a number of other meme coins, some well-known and established, as well as new ones that are still in presale. For example:
Shiba Inu (SHIBA)
As the second-largest meme coin, Shiba Inu often follows Dogecoin’s lead, serving as Ethereum to Dogecoin’s Bitcoin. Of course, SHIB is still a major competitor to DOGE, but its price is bound to follow if Dogecoin leads another price rally.
The token’s price currently sits at $0.00001929, and while it is about 8% higher than yesterday, it is still nowhere near its former ATH at $0.00008845, so there is plenty of room for growth if the market allows it.
Bonk (BONK)
Another project that could explode by following Dogecoin’s example is Bonk, which is often among the top performers in the meme coin sector. Currently the fifth-largest meme coin, BONK has seen an 11% surge in the last 24 hours, making a major recovery from the losses seen in the past few days.
This is why it is up 11% daily, but only 2.5% on a weekly basis, but trading in the green means gains for its holders and investors.
PlayDoge (PLAY)
PlayDoge is a new meme coin, currently still in presale, which has massive potential to be one of the most successful meme coins once it goes live. The reason is the fact that it combines memes, gaming, and the P2E model, and adds the ‘90s nostalgia into the mix.
The project is developing an app that will allow users to get their own digital 2D Doge-shaped pet, similar to Tamagotchi, a highly popular toy from the ‘90s. Users will have to feed, train, and play with their pet to keep it happy and healthy. But, in doing so, they will also earn PLAY tokens, with the potential to earn even more if they complete mini-games, or rise to the top of the leaderboard by collecting XP.
Its ICO became a huge success due to this mix, raising over $5.72 million as of July 16. Its token, PLAY, sells for only $0.00519 apiece, and you can buy it with ETH, BNB, USDT, or credit/debit cards.
GET YOUR HANDS ON PLAY TOKENS EARLY
WienerAI (WAI)
Similar to the previous entry, WienerAI is a highly popular meme coin that is currently in presale. It combines a dog, a sausage, and AI to deliver two things — a funny, memorable branding, and a highly potent trading bot that is about to launch very soon.
The project’s trading bot was modeled after ChatGPT, making it very easy to use. On top of that, it uses predictive technology to identify the best opportunities in the current market, and recommend them to the user. This could allow even inexperienced traders to make highly successful trades, instead of having to go through a slow and painful process of learning through trial and error.
One thing to note is that WAI sells for only $0.00073, and it managed to raise over $7.48 million due to extreme interest in its product. However, its ICO will end on July 31, so there is very little time left to join.
LAST CHANCE TO BUY WAI BEFORE THE ICO ENDS
Pepe Unchained (PEPU)
Another massive opportunity right now is Pepe Unchained — a new Pepe-inspired meme coin that stands apart from the rest due to being the first Pepe crypto to have its own blockchain. The project created an L2 chain on top of Ethereum, thus enjoying the larger project’s security without sacrificing speed or charging major trading fees.
This is why it is ‘unchained,’ as it managed to free itself of Ethereum’s limitations, and turn speed and low cost into its strengths, rather than problems.
So far, the PEPU presale raised over $3.78 million, and this figure continues to increase daily. Its token is selling for $0.0084598, and you can buy it with ETH, USDT, BNB, or credit/debit card.
JOIN THE PEPU PRESALE BEFORE ITS PRICE SURGES
Shiba Shootout (SHIBASHOOT)
Dogecoin’s surge could also directly impact another new meme coin that is holding its presale right now — Shiba Shootout (SHIBASHOOT). The token was modeled after Shiba Inu, but it places it in a Wild West setting, leading to very interesting and memorable designs. If you are a meme coin enthusiast and a cowboy fan, then this is probably the best opportunity on the market right now.
Best of all, it is still in the early stages of its presale, raising around $673k so far while selling its token, SHIBASHOOT for $0.0196 at the time of writing. You can buy it with ETH, BNB, USDT, or credit/debit card.
BUY SHIBASHOOT WHILE ITS PRICE IS LOW
While Dogecoin’s price surge to $0.51 is not a certainty, but only speculation at this point, there are valid indicators which make experts believe things could play out this way. With that said, DOGE could surge, and if it does, it will almost certainly open the meme coin season, so buying alternatives that have even greater chances of bringing strong gains is a move worth considering.
