This Week in Cryptocurrency: Trump-Themed Memecoins Steal the Show

President Donald Trump’s actions, including the swearing-in of Paul Atkins as SEC Chairman and some false rumors about tariff cuts with China, might have sparked some buzz.

But the real headline? Trump’s memecoin, Official Trump [TRUMP], is closing in on the top spot with one of the biggest weekly gains.

Top gainers

Virtuals Protocol [VIRTUAL]

A.I. token sparks FOMO with $1 reclaim

This week, Virtuals Protocol [VIRTUAL] took the lead among the top 100 crypto assets with a 93% surge.

It started slowly, remaining in a consolidation phase at $0.58. However, a massive 21% spike on the 22nd of April set it off like a rocket.

In just four days, VIRTUAL soared past the $1 mark, a level it hadn’t reached in over a month.

FOMO is building, and for the first time in three months, the token’s sentiment has flipped to the positive side.

And it’s not just technological and macroeconomic catalysts, such as Trump’s 90-day tariff threat and the “rate-cut” hype around China, that are fueling this rally.

With pressure mounting, VIRTUAL could maintain this momentum. The chances of a continued rally are, to put it mildly, slim.

Official Trump [TRUMP]

Memecoin gains steam with strategic moves

Official Trump [TRUMP] storming into the top three weekly gainers with an 80%+ surge is no coincidence. This rally is part of a master stroke involving none other than the President himself.

With less than a month until the top 220 holders of the TRUMP memecoin get a once-in-a-lifetime dinner with Trump, the race is on.

The competition to claim those golden spots is heating up, and this epic rally is just the beginning.

Of course, the RSI is screaming ‘overbought’ with a reading above 80, and the MACD is giving off some bearish vibes. But, when Trump’s involved, anything can happen.

Source: TradingView (TRUMP/USDT)

While other tokens are dropping 40%+ in volume, TRUMP’s dip has stayed just 10%. That’s right, big hands are still in play, snatching up those dips while smaller investors cash in on the buzz.

With the dinner approaching rapidly, don’t be surprised if TRUMP continues to rise in the coming weeks.

It’s clear that the competition for the top spot is far from over – unless the mounting concerns about Trump’s ‘manipulative tactics’ reach a breaking point and disrupt everything.

Brett [BASED]

Memecoin shows ‘high risk’, ‘high reward’ potential

Following closely behind TRUMP is Brett [BASED], heating up with a 78% jump this week and nearly securing the second spot.

In fact, it’s the only one to extend last week’s rally, making it an even hotter pick.

Undeniably, this week was a treasure trove for both the AI and memecoin sectors, but BASED has truly distinguished itself, dominating with 90%+ monthly gains.

And the memecoin isn’t slowing down – it’s now comfortably in 8th place by market cap, surpassing Dogwifhat [WIF].

Although a slight pullback might be on the horizon, these key FOMO drivers might push BASED even higher in the coming days. A return to $0.10? It might be nearer than you think.

Other notable gainers

In the broader market, Housecoin [HOUSE] took the lead with a staggering 970% surge, outperforming even the top 1,000 tokens.

Alpaca Finance [ALPACA] and MemeFi [MEMEFI] weren’t far behind, notching up gains of 345% and 246%, respectively.

Top losers

DeXe [DEXE]

DAO facilitator takes the lead with double-digit losses

Claiming the top spot on the losers’ board is DeXe [DEXE], which dropped 13.77% this week.

It all began with a promising bullish move – DEXE started with a 1.67% gain and even breached $15.

But then, the bears crashed the party. The 1D price action tells the tale – the bulls ran out of steam, and long positions were squeezed left and right.

In essence, what was meant to be a continuation of last week’s rally transformed into a crash landing, and now DEXE is dangerously close to the $13 floor.

Source: TradingView (DEXE/USDT)

Historically, the $12.15 support has intervened to catch the fall. Moreover, with volume halving, the bears are undoubtedly dict