It is clearly noticed that the Crypto market is now on a new price surge after previous retracement in the early period of the month.. Most likely because of the news of the inauguration of the US President Elect Donald Trump. This has positively impact green candles on the crypto market. BTC price surged to $102k before most memecoins and other ALTS started their price surge.
$TRUMP (Official Trump) memecoin generated alot of profits for traders, reaching a peak of $39 and presently trading at $37.
$PEPE haven't yet break it's previous ATH, but surged from it's retracement of around 0.000018 to 0.000021 and right now it's trading around 0.000018..
The likes of $BONK, $DOGE and other ALTS like $GT, $SOL experienced positivity and generated lots of profits for traders.
It is obvious that most of these memecoins are highly affected by news causing their price pump and in most cases a corresponding dump, traping some traders funds.
Nevertheless, it is smart to always TP at strategic price rate to avoid losses.
What are your thoughts on the memecoin market presently, cause I believe most traders here must have been on a cool profit making with current market trend.. as we are still hoping to see more price surge from these coins by next week.