TRUMP Coin Up 17% As Hayes Says It Could Outperform Bitcoin
The former Bitmex CEO Arthur Hayes made a bold prediction about Trump’s meme coin: If sentiment continues to improve and politicians start leveraging Meme Cryptos, it will outperform Bitcoin.
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Trump’s symbol coincides with the inauguration of US President Donald Trump and becomes the fourth largest meme coin with market capitalization in a short period of time. However, after reaching the $75 peak, the Trump meme coin fell below $20.
Now, the assets are looking closely, and Hayes provides predictions for its next move. After Hayes’ post, the Trump meme coin showed signs of recovery immediately. The current transaction is between $19.03, Growing 17% in the past 24 hoursdata from CoinMarketCap is displayed.
Why Trump Meme Coins Are Better Than BTC
In the blog post Hayes speculates The meme coins will become a powerful political tool as they can be used in advertising and campaigns. He then predicts that the 2026 midterm election will be a pivotal moment as more and more politicians will join the trend and launch their own meme coin project.
According to Hayes, the political meme coins are unique crypto projects because they blend politics with entertainment. He speculated that if market sentiment improves further, political meme coins, especially Trump, would outperform Bitcoin.
Hayes used the latest price action on these two digital assets, and Trump’s height dropped by 80%, Bitcoin Working to recover $110K. If market conditions improve, Hayes believes that Trump coins will surge first and Bitcoin will follow.
Will other politicians follow Trump and launch their meme coins?
Hayes also hopes more politicians will join the trend and suggests that Chinese leader Xi Jinping is next. He added that Xi will realize he needs to show people that he is popular and one way to do so is to issue meme coins.
But, Hayes warned that Trump meme coins.
Challenges are presented for similar crypto projects
Hayes said in an interview with Scott Melker that there is an exciting change in the cryptocurrency industry, preferring highly liquid meme coins. But, Hayes explained, only Trump can achieve this, and future political meme coin projects may struggle due to strict community standards.
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Hayes speculates that some investors may demand fair launches for fair distribution.
Melk also provides insights into the unique status of Trump’s meme coin. He mentioned a recent chat with Dragonfly’s Hasem Qureshi, who suggested that the asset’s markings are more like security than security coins.
He added that people have purchased tokens due to Trump, whose prices are not free to float and will be found by the price.
Featured images by Gemini Imagen, charts by TradingView
