Trump-Related Coins Could Pump In October, Says Prominent Meme Coin Trader

The Trump-related Maga Memecoin TRUMP/USD has seen a resurgence, bouncing from its lows set in September.

What Happened: Crypto trader Unipcs predicted in a recent post on X that political meme coins will experience an explosive rally in October.

He believes Maga Memecoin and other Trump-related meme coins could benefit from that.

Crypto trader Davie Satoshi pointed out that the 3-day stochastic relative strength index for MAGA, another Trump-related meme coin, shows a bullish outlook. Temporary resistance lines are noted, but overall, the chart structure looks promising for a potential 3x price increase from current levels.

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

Why It Matters: Coingecko data shows politicial meme coins at a valuation of $652 million.

According to Polymarket data, Kamala Harris has a 50% chance of winning the 2024 election, compared to DOnald Trump’s 48%.

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