There has been quite a boom in the crypto world after the presidential elections in the US. Most, if not all cryptos saw a price increase, and Chainlink (LINK) is no exception.

While it’s still far from its highest-ever peak, Chainlink is on the rise and this might turn out to be an interesting time for all those who consider it for investment.

Meme coins also saw their fair share of the election boost, with some like Dogecoin surging over 30% at one point. In addition, there’s one new project bound to bring in much-needed excitement after the election hype ends - Shiba Galaxy.

Will Chainlink continue to rise?

During its upward trajectory, Chainlink got an approximately 25% boost in price in the last few days. Sitting currently at $13.32, it’s slowly but surely increasing every day. 

While no one can say for certain how long it will continue to grow and by how much, there has been some talk of noticeable price change even before the elections.

For example, crypto analysts used historical data that showed signs of a possible breakout. Some believe that at the end of the year, LINK won’t change too much and will have a similar price range as it does now - though the result of the US elections will have a significant say in further development.

With the next year close by, it’s also expected for LINK to go over $40 in 2025 at one point, but will probably slip noticeably as the year progresses. Those with a finger on Chainlink’s pulse are even more optimistic than that, though they may be overly optimistic on their part. Time will tell, right?

In any case, things are looking solid for LINK at the moment. For some other cryptocurrencies, the situation is even better - namely, meme coins.

Excitement in the meme coin corner

There are plenty of reasons to be enthusiastic about meme coins right now. The most well-known of the bunch, Dogecoin, is surging, as are some of its peers. However, there’s a case to be made that the most interesting thing in the meme coin segment is the newcomer Shiba Galaxy.

While still in the pre-sale, it’s oozing quality even this early on.

Shiba Galaxy is developing an L2 blockchain dedicated to creating and launching new meme coins. It also offers high-speed bridging between Shiba Galaxy Chain and Ethereum, in addition to low fees.\

The ecosystem will feature a dedicated builder and tools like a block explorer, a unique offering in the meme coin space that opens the doors (and windows) for devs and enthusiasts to participate and mint their own meme coins.

Being this new, one might be cautious regarding Shiba Galaxy’s security. The good news is that this coin has already been audited, which means no mint function, blacklist, honeypot, and all sorts of bad stuff plaguing cryptocurrencies.

All of this combined makes Shiba Galaxy a refreshing addition to the meme coin space that does its best to entice investors to at least take a closer look. Throw in a market capitalization of just $30 million, and it presents an interesting opportunity during the next bull market.

Shiba Galaxy ($SHIBG) is currently priced at $0.109.

Get ready for a boom

The hype around Trump’s win will take its sweet time, so it’s likely we’ll need to wait a few days for it to settle before we get a clearer picture of the crypto market. Yes, Chainlink is on a decent run right now, as are meme coins, but who knows for certain how long that will last?

What is sure though, is that Shiba Galaxy is one of the more interesting projects in a long time, offering a lot for a “simple” meme coin. With a strong blend of utility and meme factor, it has all the makings to be the next big thing for crypto enthusiasts.