As markets return to normal after the conclusion of the US debt crisis, CryptoRUs predict that cryptos, especially meme coins like Wall Street Memes (WSM), AiDoge (AI), SpongeBob Token (SPONGE), and Copium (COPIUM) are poised for growth.
Debt Ceiling Crisis Subsides Setting Cryptos for Growth
The US debt crisis has been capturing the news headlines for weeks now. The struggle between President Joe Biden and Republican Party Congress majority on whether the United States will renegade on its financial responsibility for the first time in history captivated not only the American public but the global one as well.
The US bankruptcy could spell disaster for the entire global economy, as this unprecedented event would send ripples across the planet far worse that the Global Financial Crisis of 2008. That is why everyone was relieved when the news about the settlement broke and we could all go back to business as usual. One of the most popular crypto expert analysts CryptoRUs posted a video of how much the end of the debt crisis will affect the crypto market, especially meme cryptos like WSM, AI, SPONGE, and COPIUM.
[youtube https://www.youtube.com/watch?v=eBujP0ritjg]
The news was welcomed by the crypto community, as the crypto market could ill afford yet another bad year like 2022. Almost immediately, investors scrambled to take advantage of this new-found optimism and the entire market surged forward. Alongside the usual suspects like Bitcoin and Ethereum, meme cryptos were among the first to make significant gains.
Let’s take a look at which performed well during and after the crisis here.
Wall Street Memes Presale Hits $5 Million in the Aftermath of Debt Crisis
Wall Street Memes is one of the most significant meme coins that appeared on the market recently. Backed by a massive community gathered around Reddit and Twitter, WSM can potentially become one of the biggest surprises in 2023.
The incredible hype surrounding this token has been yielding amazing results even during the debt crisis negotiations. With that issue behind us, we can rightfully expect a huge influx of funds that will force the developers to end the presale ahead of schedule as allocated tokens sell out quickly.
Its record-breaking presale has already caused WSM to be compared with Pepe Coin, a meme coin that caused a sensation in April. According to experts, Wall Street Memes has the potential to be as successful as PEPE, if not more. That is why early investors are eagerly awaiting the end of presale and first listings, which should send WSM sky-high.
Impeding AiDoge Listing Will Benefit From Market Recovery
AiDoge is one of the most fascinating crypto projects of the year. The idea to combine AI and Internet memes is proving to be extremely popular, proved by the fact that AiDoge’s presale raised $14.9 million and ended ahead of schedule. The raised money will fund the development of a powerful AI that will be able to create viral memes from scratch, with minimal users’ input.
The community growing around AiDoge and its native token AI will have a crucial role in the functioning of this incredible app. Users will vote on the best memes and creators will receive rewards to motivate them to compete.
With presale over, AI is scheduled to hit the open market on June 19th and those who bought it can expect to make a bundle as its price soars.
CryptoRus Predicts Meme Coins Like SPONGE Will Explode
SpongeBob Token has caught the attention of the public after an incredible 800% gain in a single day. For a while, it even outperformed PEPE and every other meme coin on the market. Styled after the iconic cartoon character SpongeBob SquarePants, SPONGE continues to pump and experts like CryptoRus predict it will have an amazing year. With the threat of the debt crisis behind us, crypto tokens are expected to surge, with SPONGE leading the charge.
SpongeBob crypto owes its popularity mainly to the fact that generations grew up following the adventures of the Bikini Bottom crew. The creators correctly predict the massive draw the cartoon has on millions of people and the fond memories it evokes for them. Playing on that memory, the creators describe their token as “Krabby Patty” of meme coins, a reference any true SpongeBob fan will instantly understand.
SpongeBob can be found on Uniswap, Gate.io,, MEXC, Bitget, LBank, and Poloniex crypto exchanges, with several more listings in the works.
Copium Gaining With Debt Crisis Resolved
Another meme coin that stands to gain from the debt crisis resolved is Copium. Named after the Copium meme, born during the Russian invasion of Ukraine, the Copium meme is used to describe people coping with a losing situation. It is mostly used to make fun of Russians bragging online about the imaginary successes of their army in Ukrainian steppes.
In a similar vein, the creators of Copium intended to create a crypto that will meme an average crypto trader, trying to cope with content losses, rug pulling, and pump-and-dump schemes that plague the crypto market and often leave small investors holding the bag. Considering how many of us have been burnt at least once, it is no wonder why COPIUM is such a popular meme coin. It provides us with something to bond over by reminding us of a shared experience and reminding us that losing money isn’t always worth fretting about.
Conclusion
CryptoRUs is one of the most popular crypto analysts on YouTube and goes into great depth explaining the inner workings of the crypto market in his videos. In one of his latest, he described the effects of the US debt crisis’s positive conclusion and noted that many cryptos, including meme coins like WSM, AI, SPONGE, and COPIUM stand to benefit from it.
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