Trump Has Won And Crypto Is Pumping: Here’s 5 Tokens Well Worth Watching
The crypto market is about as bullish as it’s possible to get, with Bitcoin and other top tokens like Ethereum surging to new all-time highs in the wake of Donald Trump’s resounding election victory over Kamala Harris.
Trump, once considered an opponent of crypto, has transformed his outlook in the past couple of years, launching his own NFT collection and even suggesting that the U.S. amass its own stash of Bitcoins, similar to El Salvador. He’s probably the most “pro-crypto” U.S. President thus far, and it bodes well for the future of the industry.
That’s why crypto prices are soaring right now, and every token holder is scrambling to find an asset that’s set to rocket in value. There are lots of reasons as to why lots of different cryptocurrencies might “go to the moon” in the coming weeks, but it’s safe to say that not all of them will. Still, we’ve identified a handful of assets that look to be extremely promising bets, not just in the short-term, but over the long-term too, due to the distinct value and utility they provide.
So check out our list of top five tokens to invest in post-Donald Trump’s latest election win:
1. FUSE
One of the hottest projects in decentralized finance right now is Fuse Network, which is a Layer-2 network that’s focused on scaling the vast Ethereum DeFi ecosystem and also expanding its own.
Fuse has built an infrastructure network for crypto transactions, designed to support business-to-business and business-to-consumer payments across borders.
Its Ethereum-based L2 leverages zero-knowledge proofs to scale Ethereum-based DeFi with private transactions. The L2 is built using the Polygon Chain Development Kit, which ensures rapid performance, and Fuse has high hopes that it will emerge as one of the leading Ethereum L2s, giving dApps built on its network access to the vast liquidity found within Ethereum’s ecosystem.
The FUSE token is the oil that fuels the Fuse Network, paying for the fees charged whenever a transaction is effected across its blockchain, in addition to a host of other functions. For instance, FUSE is also the protocol’s governance token, bestowing voting rights on holders, and it can also be staked by holders who want to participate in transaction verification and earn a passive income for doing so. In addition, the FUSE token can also be used as a means of payment for B2B and B2C transactions. It’s widely available to purchase on top tier crypto exchanges, most recently launching on Bitget.
As one of the hottest players in the Ethereum L2 world, Fuse naturally has a lot of potential to grow, and that makes the FUSE token an especially attractive investment. In the last month, FUSE has underperformed the wider crypto market, with its value rising just 5%, compared to Bitcoin’s 30% growth. If Fuse’s network grows as expected, the FUSE token sure has plenty of room to make far more substantial gains.
2. LADYS
Despite making gains of more than 22% in the last week, the LADYS memecoin is another promising token that’s yet to see the full benefit from Trump’s post-election pump.
LADYS is a memecoin that was created in homage to the popular NFT collection known as “Milady”, though there’s no official affiliation between the two projects. Much like Dogecoin before it, LADYS was never intended to be a serious project, but its creators became much more ambitious shortly after it launched when it was unexpectedly mentioned as a hot prospect by Elon Musk on X.
Musk’s tweet pumped the value of LADYS immensely, and over the last year it has firmly established itself as one of the hottest memecoins to watch, amassing a market cap of over $62 million.
LADYS describes itself as a “tokenized, fully memetically optimized white pill”, whatever that means, and its marked by an enthusiastic community that’s shown a determination to make its mark on the crypto landscape. To that end, it has established friendly relations and rivalries with a host of other well known memecoins. Adding fuel to the fire, it also has plans to launch an extensive collection of LADYS-branded merchandise, with discounts available to LADYS holders, boosting its utility.
3. ALICE
One might be forgiven for thinking ALICE is yet another memecoin, but it’s actually the native token of one of the most popular blockchain games to launch this year.
The game in question is My Neighbor Alice, and it’s a metaverse world that’s designed to ease non-crypto natives into the world of NFTs and digital assets in a fun, creative way. Players are encouraged to build their own virtual worlds, and as they do so, the game will teach them all about the intricacies of blockchain in a way that’s designed to be user-friendly.
There’s a big social aspect to My Neighbor Alice, as the name suggests, with players encouraged to connect with their virtual world neighbors and participate in activities and challenges together, such as fishing, farming, collecting insects and beekeeping. These activities allow players to earn ALICE tokens, which can then be used to purchase NFT-based buildings, plants, trees, flowers and animals to decorate and build-out their virtual worlds.
Players can also buy and sell these NFTs through the games integrated NFT marketplace, with other accessories that allow players to individualize their in-game avatar and create a unique look for themselves.
ALICE has already increased 16% in the last month, thanks to a post-Trump win boost, but the game continues to amass thousands of new users every month, which should ensure the token remains in-demand for some time to come.
4. CUTO
Available in presale now, Cutoshi is a cute cat meme-based DeFi platform that’s promising to shake up the decentralized financial industry through its novel, multichain DEX platform that pays homage to the ideals of Satoshi Nakamoto and enables users to swap assets across chains with complete anonymity and full privacy.
The CUTO coin champions all of Nakamoto’s core principles, with decentralization, monetary freedom and privacy at its heart, but beyond this, it introduces a unique token farming model that rewards holders when they complex various community-based challenges and quests. The project is all about giving more utility to memecoin holders, and will also sell an array of merchandise and mint exclusive NFT collections. Moreover, CUTO implements a deflationary mechanism that’s designed to increase its value over time, similar to Bitcoin.
To emphasize the seriousness of this memecoin project, Cutoshi also functions as a crypto educational platform, teaching users about Satoshi’s vision with the goal of bringing them good fortune and wealth.
This on-chain educational approach differentiates CUTO from other memecoin projects and it has already attracted a lot of attention from the wider crypto community. Now in its third stage presale, one CUTO is currently valued at $0.022, up 46% from its first presale price of $0.015.
5. SPY
Early birds could probably do a whole lot worse than pay attention to an upcoming project known as SpacePay, which has plans to launch on 4.5 million devices globally by the end of the year.
It’s a decentralized, terminal-agnostic protocol designed to enable crypto payments in retail locations, based on a transformative point-of-sale payment system. With SpacePay, crypto holders will be able to buy items in stores using any cryptocurrency they hold, and it boasts compatibility with a staggering 325 crypto wallets. Payment is enabled by simple QR code, with merchants receiving the funds in their local currency if they desire.
To incentivize adoption, SpacePay has created its native token SPY, available on presale now. Paying with SPY gives users discounts on each purchase, and SPY holders will also be eligible for monthly airdrops. In addition, holding SPY enables governance rights, as well as early access to new features before they’re released more generally.
All of this should ensure significant demand for SPY once SpacePay launches.
The total supply of SPY is capped at 34 billion tokens, and 20% have been allocated for the presale. The token is currently priced at $0.002135, and the sale has already raised over $500,000 USD within days of the presale launch.
Conclusion
The victory of Donald Trump is believed by some to herald the dawn of a new era of crypto growth, but remember that there are no guarantees when it comes to digital assets, which remain highly speculative investments at the best of times.
Buying and holding any cryptocurrency, even Bitcoin, is a risky thing and so investors should never put more money into than what they can afford to lose. But that said, if you’re a believer in the future of a world ruled by crypto, you could do a whole lot worse than consider holding a few bags of the tokens we’ve discussed today.
***
DISCLAIMER
The views, the opinions and the positions expressed in this article are those of the author alone and do not necessarily represent those of https://www.cryptowisser.com/ or any company or individual affiliated with https://www.cryptowisser.com/. We do not guarantee the accuracy, completeness or validity of any statements made within this article. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author. Any liability with regards to infringement of intellectual property rights also remains with them.