Meme coins went on a crazy profit-stream after Donald Trump won the presidential elections last week.
All major tokens saw an uptick in price, but some more than others… for example, Peanut the Squirrel ($PNUT) surged more than 1,400% after Elon Musk dropped a subtle hint in an X post (formerly Twitter) that he’s supporting the project.
That single post didn’t just pump $PNUT—it vaulted it to the 7th spot on the meme coin leaderboard.
While that’s all great, what does it mean for you as an investor? Is there still time to buy into this meme coin or are projects with smaller market caps like Shiba Galaxy ($SHIBG) a better play right now?
Let’s break it all down.
PNUT’s Meteoric Rise – From Elon’s Tweet to Market Sensation
The crypto world witnessed another Elon Musk effect last week when a simple X post about “a squirrel and a meme coin saving America” sent PNUT into overdrive.
This Solana-based meme coin didn’t just trend—it dominated the crypto conversation.
What makes this surge particularly interesting is the timing.
PNUT was already performing well on the Solana network, alongside other successful meme coins like BONK and ACT. But Musk’s post, which came right after Trump’s victory, created the perfect storm for this squirrel-themed token.
The numbers tell the story – PNUT trades at $1.48 now, up 1,100% from last month. Daily prices bounce between $0.39 and $1.47, which shows strong market action.
This kind of volatility is typical for meme coins, especially when they catch this kind of attention.
But here’s what investors should consider: PNUT now sits at a “big boys” table with other top 10 meme coins.
While more profits could come, the biggest price jumps likely already happened. This follows the typical pattern for trending meme coins – early buyers win biggest.
If you’re looking for a meme coin project that is still early, Shiba Galaxy ($SHIBG) might be worth a look.
Shiba Galaxy ($SHIBG) Is a New Funny Meme Coin That Offers Real-World Utility
Shiba Galaxy ($SHIBG) turned a lot of heads in the crypto community for its innovative approach to the meme coin game.
While many projects rely solely on hype, Shiba Galaxy differentiates itself with its Layer-2 blockchain technology designed to address real-world crypto challenges.
Launched during a time when meme coin fever was reaching its peak, Shiba Galaxy introduced its Shiba Galaxy Chain, which processes transactions off Ethereum’s main network.
This setup gives you faster transaction times and significantly lower fees, which is a really practical (and innovative) solution to the high costs that many users experience on the Ether mainnet.
The $SHIBG presale just went live, with tokens priced at penny cost of $0.11. Users can buy in with USDT, USDC, or their regular bank card – a setup that makes entry smooth for everyone.
What sets this project apart is its mix of meme coin appeal and practical use. The team built more than just another token with a cute mascot – they created infrastructure that solves actual problems.
This combination of fun and function puts SHIBG in a very good spot as the overall meme market continues election-induced bull run.
The project also plans to offer staking options, which adds another layer of utility for token holders.
These staking rewards can change based on market conditions, but this feature shows that the team thinks beyond just short-term hype.
Early signs point to solid community interest – the presale has picked up steady momentum.
With its affordable entry point and focus on solving real crypto problems, the project could get a lot of traction once it launches.
We’ll keep tabs on how this plays out, but one thing looks clear – Shiba Galaxy understands that lasting projects need more than just memes. They need real utility, and that’s exactly what they want to deliver.
Final Words
As we watch PNUT’s impressive run unfold after the election and Elon’s endorsement, it’s clear the meme market is more profitable than ever.
While PNUT might continue its upward trend, the most dramatic price moves likely already happened.
On the other hand, Shiba Galaxy brings something new to the table.
With its Layer-2 tech and an affordable presale entry point, the project could get substantial traction in the weeks ahead – especially given how it combines meme coin appeal with real utility for everyda
