Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
As the market cheers Donald Trump’s election win amid expectations of a pro-crypto administration, analysts say Bitcoin, Ethereum and Solana are among coins poised to rally to new highs.
However, the attention is also on meme coins and decentralised finance tokens, which are currently outpacing the cryptocurrency market after skyrocketing on Trump’s win.
While BTC, ETH and a number of DeFi tokens are attractive, investors seeking the best of meme coins see appeal in Vantard (VTARD).
Why is Vantard so attractive today?
Vantard is a meme coin index fund. It offers access to the best performing assets in the Solana meme space, and stands out as potentially the top meme coin supercycle play.
This is why investors are scrambling to join the presale of VTARD, the token that gives holders access to the basket of top meme assets. But why is it so attractive?
With Vantard, investors eyeing the meme supercycle have a portfolio of all the gems.
This basket rebalances periodically to bring in all the best tokens, and with VTARD, a holder can earn from the portfolio’s outperformance or trade in VTARD for treasury assets.
Vantard is soaring after raising $500k in the pre-seed round and more than $800k so far in the seed round.
Meme coins or DeFi?
Granted, the US Securities and Exchange Commission is set to see leadership changes, and the exit of Gary Gensler.
The likely scenario is a shift from regulation by enforcement to encouraging regulatory compliance amid innovation.
According to Ethereum educator @sassa10x, the fee switch issue- where protocols pass value to users from generated revenue, will be massive.
“The Ethereum DeFi revenge arc is going to be absolutely biblical with a hostile SEC out of the way. Imagine the next 4 years being the complete opposite of the last few years when it comes to what DeFi projects are “allowed” to do. Fee switches, fee switches everywhere!” the Daily Gwei founder noted.
But this upside potential is not limited to DeFi tokens. Analysts indeed say the meme coins market will likely outperform DeFi tokens by a large margin. The sector has outpaced all other segments so far.
Why buy VTARD?
According to details on CoinGecko, the layer-1 sector has surged 9% in the past 24 hours.
In comparison, DeFi is up 16% while meme coins have soared 14%. Also notable is the performance of tokens such as Uniswap as decentralised exchanges hit an upward run.
The outlook for the broader market is bullish as investors view Trump as a pro-crypto president whose administration will encourage regulatory clarity and innovation.
Rather than lag as unattractive governance tokens, DeFi is expected to benefit from potential regulatory support.
This same outlook is driving interest in the meme coin space. Investors expect the meme narrative to strengthen even further during Trump’s four-year term.
VTARD is the token investors bullish on top Solana meme coins such as dogwifhat, Popcat or new gems yet to go wild, are eyeing.
It’s a meme portfolio that brings all the best performing meme coins together. Its traditional finance-style investing come to crypto.
The Vantard Seed sale shows the demand is huge and if crypto goes parabolic, VTARD could offer unprecedented upside potential.
Learn more here.
The post Vantard draws interest as DeFi, meme coins surge on Trump win appeared first on Invezz
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.