GENIUS Act Fuels DOGE & XRP Rally and Memecoin Presales
After the U.S. House passed the GENIUS Act to regulate stablecoins and awaits President Trump’s approval, a fresh crypto rally has emerged. DOGE led gains, rising over 11% amid institutional backing from Thumbzup Media and Bit Origin treasury plans, while XRP jumped above 10%, nearing its January 2018 peak. The bullish momentum extended across major altcoins and Solana (SOL) broke key resistance with a 10.8% gain. High-risk traders are eyeing memecoin presales—Snorter Token (SNORT) and Best Wallet Token (BEST)—both trading under $0.10 and offering trade-sniping bots, rug-pull detection, non-custodial wallets, governance rights, and staking rewards. Litecoin (LTC) at ~$110 remains an undervalued Bitcoin alternative. This crypto rally underscores renewed institutional and regulatory momentum, offering opportunities for both short-term swings and longer-term holds. Traders should monitor the act’s enactment, liquidity shifts, and emerging presales to refine strategies.
Bullish
Regulatory clarity from the GENIUS Act and renewed institutional interest have catalyzed a robust crypto rally, driving DOGE and XRP to multi-month highs. Short-term traders are benefiting from heightened momentum across major altcoins and meme token presales, boosting liquidity and speculative activity. Over the longer term, stablecoin regulation and institutional treasury plans underpin a more sustainable bull trend, likely supporting further price appreciation as market confidence grows.