New cryptocurrencies are tapping into the hype surrounding Donald Trump’s inauguration and the growing DeFAI (DeFi meets AI) trend. Among the notable projects are Trump Burner (BURNER), First Crypto President (FCP), and DeFAI (DEFAI). BURNER, launched just a day ago on Pump.fun, has quickly gained traction, amassing 26,000 holders and generating a daily trading volume of $15.6 million.
FCP, another inauguration-inspired token, has attracted over 12,000 holders and reached a $1.5 million market cap, with ongoing activity signaling potential for growth. Meanwhile, DEFAI capitalizes on the DeFi-AI fusion narrative, achieving a $5 million market cap and positioning itself as a standout project in this emerging space.
Trump Burner (BURNER)
BURNER, a meme coin launched just a day ago on Pump.fun — Solana’s largest launchpad — has quickly gained traction. With over 26,000 holders, a daily trading volume of $15.6 million, and more than 112,000 transactions, it stands out among the 40,000+ new cryptos released daily on the platform.
The project is attempting to capitalize on the upcoming inauguration of Donald Trump as the new president of the United States on January 20. This narrative-driven strategy aims to leverage the political event to generate attention and momentum for the coin, potentially appealing to a broad range of investors and speculators looking for short-term opportunities.
Despite its recent hype, BURNER’s RSI sits at 37, indicating it is approaching oversold levels after its price dropped 16% in the last six hours. However, if the coin can regain momentum leading up to the inauguration and capitalize on the event, its market cap — currently at $242,000 — could potentially test $500,000 or even $1 million.
First Crypto President (FCP)
FCP is another token aiming to capitalize on Donald Trump’s upcoming inauguration as the new US president. Released on Pump.fun just three and a half days ago, it has already attracted over 12,000 holders and recorded a daily trading volume of $4.1 million.
The coin’s market cap currently stands at $1.5 million, and its impressive daily transaction count exceeds 136,000, making it one of the most relevant new cryptos launched this week.
FCP’s RSI is currently at 48.6, suggesting neutral momentum but leaving room for further upward movement. If the coin can effectively leverage the upcoming inauguration, its market cap could test $2 million. After that, it could potentially climb to $3 million.
DeFAI (DEFAI)
DEFAI is an altcoin launched on Base three days ago. It aims to leverage the rising DeFAI trend, which combines decentralized finance with artificial intelligence.
The token currently has 5,500 holders, nearly 4,300 transactions per day, and a daily trading volume of $1.5 million. Its market cap stands at $5 million.
With an RSI currently at 57, DEFAI is in a neutral zone, leaving room for further upward movement if momentum builds. Should the hype around the DeFAI narrative persist, the token could continue to rise, potentially testing a market cap of $10 million.
Wirex
YouHodler
eToro
eToro
eToro
eToro
Phemex
Zoomex
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
