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The Best Post-Election Meme Coins? Not Dogecoin, Not Shiba Inu, But Cats And AI, Traders Say

Khyathi Dalal
November 05, 2024

Pseudonymous crypto trader Nachi has voiced strong confidence in Donald Trump winning the presidential election, resulting in a bullish outlook for AI-driven meme coins, particularly Goatseus Maximus (CRYPTO: GOAT).

What Happened: The trader highlighted on X that Solana (CRYPTO: SOL) meme tokens like Popcat (CRYPTO: POPCAT) and Dogwifhat (CRYPTO: WIF) have recently corrected to attractive buy levels. Nachi believes GOAT will be the "fastest horse" in the market in the coming months.

Dogwifhat

Fellow trader Lucky emphasized Dogwifhat's strong performance among Solana meme tokens, suggesting early entry into WIF, as it continues to exceed expectations.

Popcat

Bitcoin Buddha noted Popcat as a top-performing cat-themed altcoin, stating that he is dollar-cost averaging into the meme coin ahead of a potential reversal. Trader Mayne echoed a similar sentiment, suggesting Popcat may be poised for gains.

GOAT

Trader Scient revealed he's building positions in GOAT, seeing it as a favorable asset for spot and futures trading. He's buying down to $0.2 and expects GOAT to thrive this season.

Altcoin Sherpa also mentioned GOAT as a promising entry at current levels.

What’s Next: The influence of meme coins expected to be thoroughly explored at Benzinga’s upcoming Future of Digital Assets event on Nov. 19.

Read Next: 

  • ‘Meme Coin Supercycle’ Means 13 Out Of Top 20 Outperforming Tokens Are Memes: Will Shiba, Dogecoin Be First To Reach $100B?

Image: Shutterstock

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