On 19th January, U.S. President-elect Donald Trump’s official meme coin, the TRUMP coin, became the second largest meme coin in the market, replacing Shiba Inu (SHIB). This has put a stamp on the growing market shift as new tokens emerge to compete with the older ones. The milestone proves that more investors are getting interested in the $TRUMP coin, as well as its performance in the past several days. However, since then the $TRUMP coin has retraced and is now ranking as the 3rd largest memecoin.
Over the past 24 hours, the $TRUMP coin’s value has skyrocketed by an impressive 169.16%, reaching $65. This rise was supported by a massive jump in trading volume of 328.69% to $25.23 billion. The trading volume of the coin stands at $47 billion, while the market capitalization now stands at $13.06 billion, proving the investors’ confidence and positive market direction.
Shiba Inu
The price for Shiba Inu (SHIB) went down by 6.05% in the same 24-hour period. The token’s value has currently risen to $0.00002163. Despite this, trading volume increased by 15% to $992 million, which is an indication that there was still trading going on in the market even after the price drop. The market capitalization of Shiba Inu has fallen to $12.74 billion, making it a difficult day for the previous leading cryptocurrency.
The $TRUMP coin has risen sharply in value after its introduction by U.S. President-elect Donald Trump. Originally, $TRUMP was launched as a meme coin, but it was able to amass a market capitalization in the billions demonstrating its mass adoption. Rising interest from the market ahead of Trump’s inauguration as the 47th President of the United States on Monday has also contributed to pushing up the token’s price.
Ozak AI Presale Progresses to Phase Two
Ozak AI is emerging as a key player in the industry. This innovative technology company specializes in predictive AI and advanced data analytics for financial markets. By leveraging machine learning and decentralized networks, Ozak AI delivers real-time insights tailored to individual and business needs.
Key components of its platform include the Ozak Stream Network (OSN) for low-latency data processing and Decentralized Physical Infrastructure Networks (DePIN) for secure data storage. Additionally, Ozak’s customizable Prediction Agents (PAs) enable users to fine-tune their models for specific use cases. With its scalable architecture, Ozak AI is well-equipped to handle the growing demand for accurate, real-time analytics in the cryptocurrency space.
Ozak AI’s presale is currently in Phase 2. It offers tokens at $0.002, up from the starting price of $0.001. With its listing price set at $0.05, the $OZ token is expected to reach a target of $1 in 2025. Over 69 million tokens have already been sold, the project raised $200,000 during the first phase and aims to secure $1 million in total funding. The presale’s success reflects strong investor confidence and positions Ozak AI as a rising star in the industry.
Conclusion
Cryptocurrency markets are undergoing a major change, and new entrant $TRUMP coin has overtaken Shiba Inu to the second position. This is a significant event that shows that more and more people are interested in buying newly launched tokens, such as $TRUMP, owing to the prevailing market conditions and new launches. At the same time, the emergence of Ozak AI reflects the growth of predictive analytics and decentralized approaches in the development of the industry.For more information about Ozak AI, visit the below links:
Website: https://ozak.ai/
Twitter/X: https://x.com/OzakAGI
Telegram: https://t.me/OzakAGI
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
