Donald Trump's victory in the US election led to a momentary surge in the crypto market. However, the stimulus is plunging for many
Donald Trump’s victory in the US Presidential elections has brought about a wave of optimism in the crypto market, with several crypto coins like Bitcoin and many altcoins surging to a new all-time high (ATH) on November 6. This market uptrend, which began in anticipation of the US elections, has seen several cryptos making gains.
However, as the market consolidates following the altcoins’ surge, some interesting trends are emerging. While some cryptos like Ethereum, XRP, and others, which were struggling earlier this year, are now seeing significant gains, the market’s bullish stimulus is slowly turning cold.
5 Trending Double Digit Gaining Crypto Coins
Donald Trump’s victory in the US election led to a momentary surge in the crypto market. However, the stimulus is plunging for many, including the Trump memecoins who faced a 50% downfall since their prime yesterday. Regardless, trending cryptos like Moo Deng, PEPE, Sundog, and others have double-digit gains per CoinmarketCap.
1. Moo Deng (moodengsol.com)
After becoming one of the most-demanded crypto coins right after its launch, Moo Deng is again in trend with the ongoing market rally. At that time, it made heavy profits for its early adopers, including this crypto trader making $2M in just 2 days. The token has surged 37% in the last 24 hours, currently at $0.2311, with a market capitalization of $228.72M. Interestingly, the traders are still active, as the 24-hour trading volume has surged by 70% to $153.03, directly indicating its demand.
2. PEPE (PEPE)
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