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Cryptocurrency News Articles

All eyes are on Donald Trump's OFFICIAL TRUMP meme coin this week

May 21, 2025 at 06:48 pm

his gala-access dinner for the top 220 holders is just one day away.

All eyes are on Donald Trump's OFFICIAL TRUMP meme coin this week

After months of teasing his arrival, Trump meme coin gala dinner is finally here.

The event will see Donald Trump host the top 220 holders of his namesake token, OPEQ TRUMP, at an undisclosed location in New York City on Thursday evening.

Tron Founder Justin Sun is among those invited and will be making an appearance at the event.

In a recent post on X, Sun said he was "looking forward to meeting the other 219 members of the TRUMP family at the gala dinner tomorrow evening."

He added that he was the "TOP fan" of TRUMP, suggesting that he is the largest holder of the token.

The dinner is a significant moment for the meme coin industry. It provides the sector with unprecedented visibility and shows that meme coins are more than just a tool for speculation.

The event has also attracted interest from several high-profile crypto whales, including Synthetix founder Kain Warwick and a World Liberty Financial adviser who goes by the pseudonym “Ogle.”

Both are known for their keen interest in emerging crypto trends and have been closely following the development of new meme coins.

But TRUMP isn's 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 seen impressive participation, raising $9.7 million so far. However, the presale will end in just ten days. According to smart money trader Alessandro de Crypto, it could yield 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 set 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.

This is relevant because, despite the impressive contributions of several other projects, such as Mantle Network and Aleph Zero, to the broader crypto ecosystem, no other project has generated as much interest among prominent traders as Solaxy.

And that’s largely due to the stellar performance of Solana in recent months, which has seen Bitcoin fall further and further behind in terms of on-chain activity.

Solaxy is currently undergoing a presale and has raised $38 million so far, making it the biggest Solana presale ever. This is hardly surprising, given that while Solana can process 6,500 transactions per second, Solaxy aims for 10,000. With such heightened transactional capabilities, crypto whales are well aware that $SOLX could yield substantial 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

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Other articles published on Jun 09, 2025