Trump’s announcement of an exclusive dinner for $TRUMP meme coin holders has boosted the coin’s price significantly. In this context, three other crypto assets—Solaxy, Raydium, and Aave—are highlighted as potential investment opportunities capitalising on this buzz in the market. Each offers unique solutions and advantages within the crypto ecosystem.
US President Donald Trump has stirred up the crypto space by announcing an exclusive dinner for the 220 top holders of his meme coin, OFFICIAL TRUMP. This news, arguably one of the wildest in recent crypto history, sent the price of $TRUMP soaring by over 47% at its peak, and it currently holds a 32% increase from just a day prior. The buzz around this move has traders scrambling for opportunities, and while many are simply rushing to buy $TRUMP, there might be some crypto gems flying under the radar that could benefit from Trump’s dinner announcement.
First on the radar is Solaxy. This project operates on the Solana network where the OFFICIAL TRUMP token was launched. The launch significantly boosted Solana’s credibility and user adoption. When the token first emerged in January, it led to a flood of activity on the chain, with reports indicating millions of requests per second. Currently, Solana has experienced a very slight uptick of 1.57% in active addresses, unlike other networks that are seeing dips. However, the rise of $TRUMP has also caused congestion in Solana, something that Solaxy aims to solve with its layer 2 blockchain. Solaxy promises a faster, cheaper, and more reliable solution for transactions compared to Solana’s layer 1, and its presale has already raised an impressive $31.3 million, making it the largest ICO within the Solana ecosystem. As the main network launches, it could lead to a significant increase in the value of $SOLX.
Next up is Raydium, which appears to be a substantial benefactor of the heightened trading activity stemming from Trump’s meme coin antics. The platform has seen its trading volume rise by 20% this week alone as excitement around cryptocurrencies picks up. As Solana’s leading decentralized exchange (DEX), much of the trading involving $TRUMP will likely occur here, giving a notable boost to the price of $RAY. Raydium has also just launched LaunchLab, aimed at competing with Pump.fun; this tool allows users to create meme coins easily while incorporating features like multi-token payments. With the meme coin narrative gaining traction, Raydium’s innovations help solidify its position in the market.
Lastly, we can’t overlook Aave, which is part of Trump’s crypto network, particularly linked to the DeFi project World Liberty Financial that also includes Chainlink among its assets. Following the dinner announcement, both Aave and Chainlink have witnessed gradual price increases, signalling that the broader market views these as solid investments now that Trump has expressed interest. This move signals Trump’s determination to engage more with blockchain technology, and Aave could be a pivotal player in this journey. As the largest DeFi application with $19 billion locked in assets, Aave stands poised for continued growth as the landscape evolves.
However, potential investors are reminded to consult their own research and due diligence before making any financial decisions based on recent developments. Trump’s dinner news is creating waves, but it’s essential to discern which projects are genuinely solid bets.
