Donald Trump’s election victory is fuelling SPX6900 on a dramatic SPX meme coin pump. Could new layer-2 Pepe Unchained be next to skyrocket?
America has spoken, and Donald Trump has come out on top as the next President of the United States. Crypto markets reacted with jubilation as Bitcoin price
Price Trading volume in 24h Last 7d price movement rallied to a new all-time high at just under $76,000.
The +8.4% gain in Bitcoin price has supercharged the overall crypto market, with the total cryptocurrency market cap now at $2,589,939,146 (a 24-hour change of +6.7).
Not to mention, the excitement has bled over into the meme coin market, with SPX6900
Price Trading volume in 24h Last 7d price movement leading the charge after hammering an impressive +35% 24-hour gain.
( btcusdT )
The election has also emboldened TradFi markets, with the SP500 (SPX) fund showing an uptick in the wake of Trump’s victory and ahead of critical macroeconomic metrics this month, including an anticipated +0.25% interest rate decision at FOMC.
SPX6900 Price Analysis: Will SPX Meme Coin Lead Sector Recovery After Trump’s Victory Adds Weight to Super Cycle Theory
In a huge display of strength by SPX meme coin, price action has pushed up +31% over the past 24-hours, with SPX6900 currently trading at $0.88.
With SPX price testing the limits of Bollinger band volatility, bulls are in full control of price action, as the order book reveals buys represent 58% of transactions in the last 6-hours, amid a tidal wave of volume – $8.22M over the past day.
( SPXUSDT )
As US election polls closed, a bounce from moving average support around Midnight saw confidence flood the chart – with the meme coin now testing historic resistance levels at $0.92.
The move has reasserted SPX meme coin’s $819M market cap, and it seems likely this coin will push back above the $1Bn market cap level in the coming days, despite bearish oversold signals on the RSI, which stands at 69.95.
BONUS: Pepe Unchained Smashes $25M Raised Ahead of Major Layer-2 Launch
TODAY IS A BIG DAY!!! 🔥
Not only have reached the $25M milestone, but we have a major announcement for you all.
Buckle up and read below 👇 pic.twitter.com/Y2dEhrozb1
— Pepe Unchained (@pepe_unchained) November 6, 2024
Yet, while retail traders emboldened by Trump’s win return to blue-chip high cap meme coins, smart money investors know that real money is made to get ahead of the next big trend.
As US election clarity fuels a bullish November, Pepe Unchained is rapidly emerging as the next viral play, as its ongoing PEPU presale skyrockets to hit a shocking $25M raised.
But the returns don’t stop there, with presale investors gaining access to a supercharged staking pool offering a market-beating 96% variable APY until the project launches later this year.
Yet, the genius in Pepe Unchained isn’t simply about getting a good deal ahead of the next big meme coin; it’s about recognizing the true value in a space clouded with thin-air projects and empty roadmaps.
Pepe Unchained is launching the next level to the Pepecoin ecosystem, a bespoke new Layer-2 designed for meme coin developers to harness their creativity for the cheapest possible deployment costs.
The team is putting its money where its mouth is, with the recent announcement of a new developer’s grant fund, Frens With Benefits , which aims to incentivize building on the new layer-2.
By funding dApp and meme coin project development on the new layer-2, Pepe Unchained will fuel the growth of an ecosystem to match the highly-scalable cross-chain bridge, and AI-charged block explorer.
Stay informed about the latest developments and announcements by joining the Pepe Unchained community on X (Formerly Twitter) and Telegram .
