All eyes are on the U.S. political landscape this week following an attempted assassination of presidential candidate Donald Trump.
Trump’s odds of regaining the presidency shot up in the aftermath, and this could be a huge win for crypto enthusiasts.
Donald Trump Picks JD Vance as VP, Crypto Prices Rally
Crypto prices have shown strength as Donald Trump has picked pro-crypto JD Vance as his vice president.
JD Vance is the first vice presidential candidate to be a known Bitcoin holder, and it is believed he holds a substantial amount of wealth in the asset.
And with Trump’s recent endorsement of crypto, the duo is forming a pro-crypto ticket that will likely drive favorable regulations for the industry, should Trump be elected.
Following the assassination of Trump over the weekend, predictions market Polymarket saw a 10% increase in the odds of him becoming president.
Speculators have grown increasingly confident since Trump announced JD Vance as his pick, with odds rising to an all-time high (ATH) of 72%.
This is good news for crypto prices.
Per CoinMarketCap data, the industry’s total valuation has jumped over 10% since Saturday.
The market has continued to show strength today, up 2.6%.
However, many crypto assets are trading at 30-50% premiums this week, reflecting that traders are reentering the crypto market with haste.
All of this indicates that now could be an excellent time to buy cryptocurrencies.
With that in mind, let’s explore the five top coins to buy for the crypto bull run.
Pepe Unchained
Amid the crypto bull rally, one of the most prevalent narratives is Ethereum layer 2s.
These off-shoot blockchains provide transactions at faster speeds and lower fees than Ethereum while retaining its security and decentralization.
Pepe Unchained is the latest and most promising Ethereum layer 2, mixing the technology with the viral Pepe meme coin.
The project is currently undergoing a presale and has raised over $3.9 million so far.
According to its whitepaper, Pepe Unchained will be 100x faster and much cheaper than the Ethereum main network.
It also features an Ethereum bridge, block explorer, and staking mechanism.
Staking rewards are much more lucrative than usual.
Currently, stakers can garner a 484% APY, but this will decrease as the staking pool grows.
Meanwhile, the Pepe Unchained presale price will rise throughout the campaign, so potential investors should act quickly.
Injective Protocol
Injective Protocol is a DeFi-focused layer 1 blockchain. The project also tackles interoperability, connecting the Ethereum and Cosmos ecosystems.
INJ has enjoyed a strong performance this week, up over 20%.
It has also outpaced leading cryptocurrencies like Bitcoin and Ethereum with its monthly performance, up 7%.
The project’s focus on DeFi has encouraged significant innovation and adoption.
Some of its projects include an on-chain order book exchange, real-world asset protocols, algorithmic trading bots, and more.
Another draw to Injective Protocol is its AI capabilities. It integrates AI products within its DeFi apps, tapping into the prevalent demand for the emerging technology.
Currently, INJ is trading at $25, up 10% today, 23% this week, and 7% this month.
It holds a $2.3 billion market cap and a $169 million 24-hour trading volume, up 19% today.
WienerAI
WienerAI is another project that is part of the AI trend. On the surface, it is a sausage-dog-themed meme coin with a large community.
But going deeper, there’s much more to see.
Most importantly, WienerAI is the only meme coin with an AI-powered trading bot.
Think of the bot like a Swiss Army knife for trading. It has multiple tools and utilities that make the trader’s life easier.
Let’s start by talking about its AI chatbot. Users can ask it questions, and it will scour the market for the best trading opportunities.
And then there’s the trade execution function. This lets users automatically make trades that are instant, MEV-resistant, and fee-free.
Lastly, users can stake their tokens to compound their investment.
This exciting blend of utilities and memetic allure is causing a huge splash at presale.
The WienerAI presale has raised over $7 million so far, but the campaign will end in 14 days.
MAGA
This one is self-explanatory.
As the presidential elections heat up, the support for crypto’s favorite pro-Bitcoin politician will reveal itself in MAGA’s price.
MAGA is a meme coin paying homage to the former president. It’s currently the frontrunner within the PolitiFi domain.
There’s no utility on offer, but its relation to Trump could provide tremendous demand.
Another factor to consider is that MAGA is likely to be listed on big exchanges before the elections.
Currently, only MEXC has listed the project, but with significant interest in the elections, other exchanges may want to list to secure trading fees.
Currently, MAGA is trading at $7.62, down 4% today, up 24% this week, but down 31% this month.
The project holds a $335 million market cap and a $12 million 24-hour trading volume, down 11% today.
PlayDoge
PlayDoge is another top crypto to buy for the bull run.
Like WienerAI, PlayDoge taps into the meme coin craze while adding its own flavor – a hybrid meme coin-P2E cryptocurrency.
It’s based on the infamous 1990s Tamagotchi game.
Tamagotchi sold 82 million units throughout its lifespan, and PlayDoge aims to rekindle that demand with exciting iterations.
The project ups the stakes with real crypto rewards that compensate players for their time.
In addition, PlayDoge swaps out the OG Tamagotchi pet for a pet doge, creating a stronger appeal to the modern-day crypto investor.
There’s also a staking mechanism that currently provides an 85% APY. However, this will decrease as the staking pool grows.
PlayDoge is currently undergoing a presale and has raised $5.7 million so far.
Those looking to buy $PLAY should act fast because the price will rise throughout the campaign.