Attending the recent Bitcoin Convention, the former US President Donald Trump gave a speech that has since made plenty of headlines, promising to establish a Bitcoin reserve and ensure that the coin plays a major role in America’s financial future. Since then, however, many have started speculating that the Biden Administration might interfere with these plans.
Will the Biden Administration disrupt Trump’s plans?
Soon after Trump revealed his plans, reports emerged saying that the US Department of Justice transferred 29,799.99 BTC, worth $2 billion, to an unknown wallet. Despite this transfer, the US government still holds 183,439 BTC, which is valued at around $12 billion.
The move was reported by Arkham Intelligence data, which reported that this might represent a 10,000 BC deposit to an institutional custody service.
https://x.com/ArkhamIntel/status/1817975722662670643
However, many have since started speculating that the US government is trying to dump the seized BTC, and that the funds may have already been sold. The speculators are saying that the acting government is trying to disrupt Trump’s plans to use the seized BTC for establishing the reserve.
https://x.com/PeterSchiff/status/1818032988665606162
Meanwhile, the move may have already disrupted Bitcoin’s price performance. Just as the coin reached the $70k mark, the speculations emerged, causing its price to correct to $63.3k, which is where it sits at the time of writing.
Some have speculated that a greater correction will follow, and that BTC might dip to $50k in August. With that in mind, investors have started looking into alternative investment opportunities, and with the meme coins being the hottest trend of 2024, here are some of the tokens that are currently among community favourites.
Shiba Shootout (SHIBASHOOT)
Shiba Shootout is a Shiba Inu clone that places the meme coin in the Wild West, which attracted the attention of cowboy fans. The project also captured the community’s interest by doubling as a P2E project, thanks to its game, Shiba Sharpshooter, which is available on Google Play and the App Store right now.
The game is expecting a major Web3 update that will allow players to earn tokens as they win sharpshooter duels, which will likely arrive around the same time when its ICO ends. For now, however, the presale is still ongoing. It recently hit the $800k milestone, and right now, it has already climbed to $853k since, selling its SHIBASHOOT token for only $0.0197.
You can buy it with BNB, ETH, USDT, or credit/debit cards, and in the meantime, players can download the game and start practising for when the P2E model kicks in.
BUY SHIBASHOOT WHILE ITS PRICE IS LOW
PlayDoge (PLAY)
Another project that operates as both a meme coin and a P2E project is PlayDoge, which might be the most anticipated crypto of the year. The project’s upcoming game was based on Tamagotchi, a popular toy from the ‘90s that went global, allowing users to have their own digital pet on a small device.
Players could train their pet, feed it, and play with it, and the same will be true for PlayDoge’s upcoming game. But, being a P2E game, PlayDoge will also allow them to earn PLAY tokens by interacting with the pet regularly, completing mini-games, and scoring high on the project’s leaderboard.
By mixing memes, gaming, the P2E model, and the ‘90s nostalgia, the project attracted massive attention and quite a lot of capital, raising over $5.88 million while selling its token for only $0.00524. The game will likely go live when the ICO ends, but for now, players can support it by purchasing PLAY tokens with ETH, USDT, BNB, and credit or debit cards.
JOIN PLAY PRESALE BEFORE ITS PRICE SKYROCKETS
The Meme Games (MGMES)
Finally, one of the most recent projects to launch its ICO is The Meme Games — a project inspired by the 2024 Olympics. However, the project comes with a twist, as it intends to hold its own meme Olympics, where five major meme characters will take on the role of athletes and compete in various disciplines.
The iconic characters include Dogecoin, Pepe, Turbo, Brett, and dogwifhat. Those who join the project’s ICO can select a competitor, and if they win, the investors who backed them stand to win major rewards. However, joining the ICO is necessary to be able to choose a competitor, and right now, the project is approaching its next milestone of $300k raised.
Its token, MGMES, currently sells for $0.0091 apiece, but it will see another price increase in under two days, so the time to buy is now, before that happens. You can invest in MGMES with ETH, USDT, BNB, or credit/debit cards, and you can do it as many times as you wish.
JOIN MGMES ICO AND CHOOSE YOUR ATHLETE
While Trump’s newfound appreciation of the crypto sector has confused many, it also caused quite a bit of excitement for the future of the crypto industry in the US, should the former president get re-elected. But, for those who wish to see gains sooner, the top-performing meme coin presales are a perfect opportunity to make an early investment and see their prices skyrocket, whether due to their own popularity, or the upcoming major rally which is expected to start later this year.
