All eyes are on Donald Trump’s OFFICIAL TRUMP meme coin this week; his gala-access dinner for the top 220 holders is just one day away.
Tron Founder Justin Sun says he’ll attend and calls himself the “TOP fan,” suggesting he’s the largest holder of $TRUMP.
The dinner marks a new era for the meme coin industry. It gives the sector unprecedented visibility and shows that meme coins are more than just a tool for speculation.
Sun is among several high-profile crypto whales attending the dinner, alongside Synthetix founder Kain Warwick and a World Liberty Financial adviser who goes by the pseudonym “Ogle.”
But $TRUMP is not the only joke token on the radar of sophisticated traders. Here are three other meme coins whales are buying this week:
MIND of Pepe
MIND of Pepe is a new AI agent on the Ethereum blockchain. It uses Pepe-themed branding, aiming to harness the virality and light-heartedness of a meme coin. But beneath the surface, MIND of Pepe might just be among the most promising AI protocols on the market.
It’s currently undergoing a presale, which has raised $9.7 million so far. However, the presale will end in just ten days. According to smart money trader Alessandro de Crypto, it could give 100x gains once it lists on exchanges.
The MIND of Pepe agent will scan the market to identify trading opportunities and share them with $MIND holders.
It can also use the data it collects to identify market gaps and create its own tokens to fill them. $MIND holders will also get insider access to these token launches, which will provide them with the best possible prices.
With token utility hard-wired in and a promising AI-focused use case, $MIND looks ready to explode this year.
Solaxy
Solaxy is building the world’s first Solana layer 2 blockchain. It’s no secret that Solana is the home of most new meme coins. Everything from OGs like Bonk and Dogwifhat, to innovative new platforms such as Believe and Pump.fun are rooted in the Solana ecosystem.
Its high speeds and low fees create optimal trading conditions, but that doesn’t mean Solana is perfect. The network still grapples with congestion issues in periods of peak network activity, and that’s what Solaxy fixes.
On-chain analyst Chrome recently hailed Solaxy as a “serious infra play,” alluding to its position as a crucial piece of Solana infrastructure. This came in response to another prominent trader listing Solaxy as one of the best cryptos to watch this week.
Solaxy is undergoing a presale and has raised $38 million so far, making it the biggest Solana presale ever.
This is no surprise. While Solana can compute 6,500 transactions per second, Solaxy aims for 10,000. With such heightened transactional capabilities, crypto whales are well aware that $SOLX could give big gains.
Fartcoin
Fartcoin has long been a meme coin that smart money traders have shown interest in. With a simplistic name and easily-understandable premise, sophisticated investors see value in the project’s mass market appeal.
Since March, Fartcoin has proved one of the best-performing meme coins, making approximately a 7x gain at its peak. Despite a slight selloff, it remains at over a 6x premium.
Analyst Altcoin Sherpa, who boasts over 240K followers on X, noted that Fartcoin led the market while Bitcoin gained over recent months and suggests that it’s about to begin soaring once again.
Fartcoin has even gained recognition from market participants who don’t usually engage with meme coins, such as senior Bloomberg ETF analyst Eric Balchunas. He covered Fartcoin’s surprising outperformance of the broader market amidst a period of instability in early April, noting it held up even while gold and treasuries dipped.
Again, this comes down to Fartcoin’s mass market appeal, which is why it could be a smart buy in the months ahead.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.