MANEKI, MOODENG and SUNDOG lead meme coin pump

Maneki, Moo Deng and Sundog are up 40% to 55% in the past 24 hours as meme coins dominate crypto trading following Donald Trump’s second-term victory in the US presidential election.

Bitcoin (BTC) jumped to a new all-time high above $76,000 to reach a new high for the second consecutive day, causing bulls to rally. This increase also saw the emergence of 11 thousand new Bitcoin millionaires.

However, meme coins attracted attention by showing the biggest gains among the top 500 coins by market capitalization.

Maneki, the Solana-based cat-themed meme coin, leads the way with over 55% gains at the time of writing. In one of the best sports deals in recent memory, the price of the Maneki (MANEKI) token reached a three-month high above $0.009. Meme coin traded at a low of $0.006 earlier in the day.

Another meme coin that has surpassed the rest of the top 500 is Moo Deng (MOODENG), a meme coin based on the viral baby Hippo Moodeng from Solana. Over the past few months, MOODENG has skyrocketed to new highs driven by catalysts such as the Binance futures listing.

MOODENG price has risen sharply following Trump’s landslide victory over Kamala Harris – this follows news that baby Hippo has “predicted” the Republican to win. The token traded at $0.13 on November 5 but reached highs near $0.30 and is up 50% in the last 24 hours.

Sundog (SUNDOG) is the largest meme coin on Tron (TRX) and gained traction when meme coin Launchpad SunPump emerged to challenge Pump.fun. However, the SUNDOG token pared its gains following a rally above $0.37 in late September.

It traded at $0.098 on US election day. However, it continued to rise after retesting support near $0.13, up 41% in the last 24 hours. SUNDOG is currently trading around $0.16 and if the meme coin loses more value, it could recoup its gains by reaching a new all-time high.

Trump’s victory and the Federal Reserve’s interest rate cuts are factors that will push Bitcoin higher. Altcoins may follow suit, and the appetite for meme coins looks set to grow even further.