An unofficial Trump-linked meme coin called MAGA has seen its price explode by 470% in the past 7 days alone and has seen its market capitalization jump to $239.7 million in just a few days.
MAGA’s website – magamemecoin.com – provides further details about this project. The token is available on the Ethereum, Solana, Base, and BNB blockchains and there are two versions of it.
The taxed version collects a 1% fee. The proceeds are donated to veterans and child rescue efforts. To date, the project has contributed $2.1 million to these causes. Meanwhile, there’s a taxless version for those who prefer to speculate and invest in MAGA solely.
MAGA (ETH: 0x576e2BeD8F7b46D34016198911Cdf9886f78bea7) is backed by three individuals – Shawn Farash, Steven Steele, and Jackie Dutton. They regularly participate in X Spaces to share updates and news about the project’s roadmap and achievements.
Farash has a large social media following and he is the host of a show called “Ungoverned” that airs on Live America TV. Meanwhile, Dutton is a known voice in the crypto space as she shares regular updates on the crypto market for BSCNews.
MAGA is Trading 53% Below Its ATH – Can it Recover?
MAGA ($TRUMP) has a maximum total supply of 47 million tokens, while its circulating supply currently stands at 43.99 million.
The token is currently trading 53% below its all-time high from June 2024. This unofficial $TRUMP token has not yet been listed in any top-tier centralized exchanges. However, as its market cap continues to rise rapidly, it could be picked up by mid-level CEXs at some point.
The token’s charitable side and limited supply could play in its favor. A quick look at top holders shows that top wallets are either exchanges or token distribution smart contracts.
Based on the token’s latest performance, it seems that MAGA has benefitted tremendously from Trump’s rise to power. If the token manages to recover from the heavy losses it took in the past year, its market cap could easily double.
Unofficial Trump-themed tokens have flooded the market ever since the new President took over the White House. Trading volumes in the popular Solana-based Pump.fun token minting platform surged to a historical record of $3.3 billion last week.
Meanwhile, Trump’s official meme coin (Official Trump) is up 2.7% in the past 24 hours but is currently trading 63.3% below its all-time high of $75.4 while its market cap has shrunk from its $70 billion to $27.6 billion at the time of writing.
Typically, early investors are the ones who make the most out of these digital assets. The best ICOs are then one of the best places to look for opportunities to 10X or 100X your investment.
Solaxy ($SOLX) Could Be One of the Best Crypto Presales of 2025
A layer-two Solana scaling project called Solaxy ($SOLX) is making the headlines this year as the project has raised $16.4 million from investors in less than 2 months.
Its value proposition is simple. The Solana network has experienced severe congestion during times of peak usage. For example, the blockchain struggled to keep up with rising transaction volumes after the launch of $TRUMP and $MELANIA.
Solaxy alleviates the mainnet’s burden by processing transactions offline and bundling a larger number of records into a single block.
On top of this, investors who secure the L2 protocol by staking their $SOLX tokens are entitled to receive handsome rewards. The APY for the project currently stands at 243%.
At its discounted price of $0.00162, $SOLX is one of the most promising new cryptos to buy this year.
To invest in $SOLX, head to the Solaxy website and connect your wallet. You can either swap ETH, USDT, or BNB or use a bank card to complete the transaction. The presale price will increase in 39 hours. Don’t miss the cut.
