The Trump crypto business World Liberty Financial has bought up millions worth of Ether in the past day as the token has slightly strengthened against Bitcoin.
Bitcoin rallied as positive sentiment continues with Trump set to take office on Monday and having launched his memecoin.
The Official Trump (TRUMP) memecoin saw its price rebound to $61 after Robinhood announced the token’s listing on the exchange.
Trump-backed World Liberty Financial said it has sold 20% of its token supply and decided to open up an additional 5% of supply for sales.
Melania Trump's memecoin launched after Donald Trump's official TRUMP token reached a $15 billion market cap before falling nearly 40%.
Many crypto influencers and financial analysts have characterized the TRUMP memecoin launch as a new era for capital formation.
The launch of Donald Trump’s official memecoin on Solana has not only boosted the cryptocurrency’s price and trading volume, but also perceived odds of a SOL ETF.
"Immense gratitude to everyone who voted for President Trump on my behalf," the Silk Road founder wrote in a November 2024 X post.
The president-elect can only serve a four-year term before the Oval Office is contested between two new presidential candidates in 2028.
The latest meme coin launch by incoming US President Donald Trump seems to have upset the cryptocurrency industry with some speculators labeling it a scam. One of them, Coffeezilla, a YouTuber popular for exposing shady dealings, has alerted people in view of their concerns that insiders get 80% of this TRUMP coin supply, which means only a tiny fraction is available to the public, which could lead to a market manipulation scenario. Related Reading: Bitcoin Reserve In The US: 65% Chance It Happens In 2025 According to Coffeezilla, this structure shows the project as more of a “grift” than a legitimate crypto venture. Insiders Control The Majority One major red flag is the concentration of 80% of Trump Coin’s total supply. This disproportionate allocation means that a select group of people, likely developers or influencers involved with the coin, could control the vast majority of the token’s value. For the general public, this spells trouble, as the market could be easily manipulated by those holding most of the tokens. Red Flags Concerning Transparency But given the fast-speed promotion, issues of transparency revolve around actual utility. The notion that a meme coin would carry significant weight in the market is unsettling for some analysts, especially when it lacks clear backing or innovation. While Trump Coin has been verified on the Phantom Wallet, critics argue that this doesn’t necessarily mean it’s a safe investment. My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC — Donald J. Trump (@realDonaldTrump) January 18, 2025 The project has been criticized for possibly taking advantage of its investors. Coffeezilla’s criticism focuses on the fact that such ventures usually take advantage of the excitement and hype of popular figures such as billionaire Donald Trump, making it easier to encourage people to invest in tokens of little value. Critics argue that this is more about making fast money for the insiders rather than creating long-term value for the crypto community. Potential Impact On Crypto Reputation Attention given to Trump Coin may also mark a stain to the crypto sector. Projects like this, which focus on short-term gains, often deter new investors from taking the crypto market seriously. Related Reading: Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days Furthermore, the whole launch may grab the attention of regulators, given that they’re keeping a close eye on meme coins more closely than ever. It seems that this new venture will set off controversy and debate in a digital currency landscape already inflamed by volatility and other related factors. Coffeezilla is well-known for his stinging exposés of purported cryptocurrency scams, such as Andrew Tate and Hawk Tuah Girl. Featured image from AP, chart from TradingView
As the U.S. prepares for a new era under the Trump 2.0 administration, what are the early takeaways from Official Trump?
As President-elect Donald Trump prepares for his inauguration on January 20, the crypto community is buzzing with anticipation regarding the potential impact of his administration on digital assets. Analysts are closely examining which crypto assets may benefit the most during this pivotal period, especially given Trump’s vocal support for making the United States a leader in the crypto space. Market expert Xremlin suggests that Trump’s presidency could usher in a “golden era” for crypto. His analysis focuses on US-founded coins and assets linked to the Trump family, indicating that the inauguration might catalyze significant price movements for certain altcoins. Notably, Eric Trump has publicly shared his investments in Sui (SUI), Solana (SOL), Ethereum (ETH), and Bitcoin (BTC), suggesting a focus on already established cryptocurrencies. The Leading Crypto Contenders Ethereum (ETH): The analyst shares that Ethereum remains a cornerstone of the crypto ecosystem, known for its smart contract functionality and diverse use cases. He suggests that as a leading platform for decentralized applications (dApps), its significance in the market is undeniable, making it a staple in any crypto portfolio. Bitcoin (BTC): Often referred to as digital gold, Bitcoin is the most recognized cryptocurrency and serves as a benchmark for the entire market. Xremlin observes its potential inclusion in a US Strategic Bitcoin reserve could further solidify its status and drive additional interest from institutional investors. Solana (SOL): As a US-founded blockchain with a robust user base, Solana has gained attention for its speed and scalability. Related Reading: Bitcoin Reserve In The US: 65% Chance It Happens In 2025 The analyst speculates that it could soon see the launch of an exchange-traded fund (ETF), which would enhance its visibility and accessibility to mainstream investors. Sui (SUI): Positioned as a direct competitor to Solana, Sui boasts higher transactions per second (TPS) but still lacks a significant user base. Being US-founded, it reportedly stands to gain from any favorable regulatory developments that may arise during Trump’s administration. World Liberty: Initiated by the Trump family, is another one to watch, according to Xremlin. Although it has yet to launch, its connection to the Trump name could reportedly generate price spikes once it enters the market. Additional Contenders For The “Trump Trade” Beyond the aforementioned digital assets, Xremlin highlights several other US-founded projects are gaining traction and could play a role in the so-called “Trump trade”: Ripple (XRP): Known for its blockchain-based payment protocol, Ripple facilitates real-time cross-border payments, making it a key player for financial institutions. Chainlink (LINK): As a blockchain-agnostic platform, Chainlink connects various chains to major financial institutions, enabling seamless data connectivity and interoperability. Related Reading: Crypto Analyst Predicts When Dogecoin Price Will Hit $3 This Cycle Ondo (ONDO): This platform bridges traditional financial products like US bonds and treasuries to the blockchain, enhancing accessibility and efficiency in the DeFi space. Hedera (HBAR): Governed by a council that includes tech giants like Google and IBM, Hedera is designed for fast and energy-efficient transactions, ensuring stability and transparency. Stellar (XLM): Focused on facilitating low-cost cross-border payments, Stellar collaborates with companies such as Circle and MoneyGram to integrate blockchain solutions into the U.S. financial system. Featured image from DALL-E, chart from TradingView.com
The Solana-based memecoin surged to a market cap of over $32 billion one day after launching but allegedly violates the US Constitution.
The "official" TRUMP memecoin has seen almost $10 billion in trading volume in less than 24 hours, and the rally looks set to continue.
The TRUMP meme coin, the official Donald Trump cryptocurrency, took the crypto world by storm upon its launch on Friday. Within hours, it became the hottest topic in the market, captivating investors and enthusiasts alike. By Saturday morning, as the U.S. woke up to the news, the TRUMP coin had skyrocketed to an astonishing $30, marking a jaw-dropping 12,000% increase from its launch price. Related Reading: Solana Reclaims Monthly And Weekly Support Levels – Expert Sets $330 Target The exponential rally that unfolded overnight now seems like just the beginning. The coin’s meteoric rise barely makes a dent in its increasingly vertical chart. With a staggering $6 billion market cap and a fully diluted valuation of $30 billion, the TRUMP coin is quickly establishing itself as a phenomenon in the meme coin category. For early investors, the returns have been life-changing. A modest $10,000 investment at launch is now worth an incredible $1.2 million, highlighting the massive potential of this viral asset. As the TRUMP coin continues to dominate headlines, speculation is growing about whether this is a short-lived hype or the start of a new trend in the crypto space. With such explosive growth, all eyes are on this unprecedented meme coin’s next move. TRUMP Becomes The Biggest Meme Coin In History At 9:44 PM ET on an otherwise quiet Friday night, President-elect Donald Trump made history by launching the $TRUMP meme coin, which has already become the biggest meme coin phenomenon the market has ever seen. According to The Kobbeissi Letter, a trusted voice in global capital markets commentary, TRUMP is up a staggering 9,500%, with $2.2 billion in trading volume within just 12 hours of its launch. Initially met with skepticism, the announcement of $TRUMP’s launch seemed so implausible that many traders assumed Trump’s account had been hacked. However, with no official statement refuting the coin’s legitimacy, confidence grew—and so did the price. Related Reading: Ondo Finance Funding Rate Signals Greed Among Investors – Sign Of Strength? By 12:45 AM ET, TRUMP had broken above $10, accelerating into a parabolic rally. In the early hours, traders witnessed unprecedented returns. One investor reportedly turned $50,000 into nearly $1.1 million in just two hours. Remarkably, TRUMP outperformed the S&P 500’s 30-year cumulative return within that same short window. A key factor driving the coin’s explosive price action is its limited circulating supply. Only 20% of the maximum supply—200 million coins—is currently on the market. Over the next 36 months, the remaining 800 million coins will gradually be released. Speculation is rife that Trump himself holds this undistributed portion, potentially giving him substantial control over the asset. With $TRUMP already establishing itself as a phenomenon, the coin’s trajectory remains a captivating spectacle. This unprecedented rally and intrigue surrounding its supply mechanics have cemented it as one of the most extraordinary stories in crypto history. Price Action And Market Cap Details The explosive rise of the TRUMP coin has prompted questions about its Market Cap and Fully Diluted Valuation (FDV). With a total supply of 1 billion coins, the FDV—if all tokens were circulating—would stand at approximately $21 billion based on current prices. However, since only 200 million coins (20% of the total supply) are currently in circulation, the market cap is approximately $4.2 billion. This significant disparity highlights the impact of circulating supply on valuation metrics. Related Reading: Cardano Whales Go On A Shopping Spree – 100 Million ADA in 48 Hours Price action, for now, provides limited insight into the coin’s future. There is little data to conduct meaningful technical analysis. The TRUMP chart essentially consists of a parabolic green candle, reflecting its meteoric rise in an hype-dominated environment. This leaves the market with one critical question: can demand sustain current levels as the remaining 80% of the supply gradually enters circulation? The TRUMP emission schedule outlines how the maximum supply will be reached over the next 36 months. Skeptics argue that this influx of supply could lead to oversaturation, ultimately sending the coin’s price plummeting to $0. On the other hand, bulls believe the schedule’s gradual nature allows demand to keep pace. This could mitigate the risk of significant price dilution. For now, the debate continues. Featured image from Dall-E, chart from TradingView
There were no crypto conference appearances or positive social media posts about digital assets during Donald Trump’s 2016 presidential campaign.
Following an earlier price crash to below $90,000, Bitcoin closed out the past week with an impressive price surge resulting in a net 9.30% gain. During this price rally, Santiment reports a significant network development with bullish indications for the largest cryptocurrency. Related Reading: Bitcoin Price Forecast Of $150,000 ‘Too Low’ Amid Rising Adoption, Crypto Trader Says Ash Tiwari 1 hour ago Bitcoin Whale Wallets Heading For 18,000 In a new post on X, prominent blockchain analytics firm Santiment provided a live update on the Bitcoin market amid the current uptrend. Notably, Bitcoin produced another robust positive trading week making a near full-price rebound from its correction in late December. The BTC market was particularly bullish on Friday as prices surged by over 7% to trade as high as $105,970. Interstingly, Santiment reports that the number of whale wallets holding at least 100 BTC had increased to 17,799 right before Bitcoin hit this one-month high price milestone. This development is particularly important as an increase in Bitcoin whales signals accumulation which is a common bullish signal. Considering that this accumulation is occurring in price zones near Bitcoin’s current all-time of 108,268, it can be inferred that large BTC holders are highly expectant of significant price gains leading to a new price discovery. Interestingly, this trend supports the presently strong bullish sentiments around Bitcoin driven by multiple factors most notably expectations of US pro-crypto policies. With the inauguration of Donald Trump less than three days away, investors are hopeful the Republican will implement his promises to the crypto community which include but are not limited to the national Bitcoin reserve, and the overturn of the SAB 121 policy among others. In addition, BTC investors are also bullish on the performances of the Spot Bitcoin ETFs following an impressive debut year during which they recorded $37.10 billion in net cumulative total net inflow. For 2025, the President of the ETF Store, Nate Geraci predicts the Spot Bitcoin ETFs will permanently accumulate more net assets than physical gold ETFs, which would translate to significant gains for the premier cryptocurrency in terms of price and adoption. BTC Price Overview At the time of writing, Bitcoin was trading at $104,174 following a 3.19% price increase in the past 24 hours. On the same positive note, the asset’s daily trading volume currently stands at $65.88 billion following its 16.27% gain. Investors should note that Bitcoin’s relative strength index is currently at 69.16 heading for the overbought zone. Therefore, there is potential for a reversal soon. With a market cap of 2.06 trillion, Bitcoin remains the largest digital asset accounting for 56.4% of the total crypto market cap. Related Reading: Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December Featured image from Xcoins, chart from Tradingview
Crypto leaders attended a pre-inaugural bash in Washington, cheering Trump's return to the White House and hoping it will benefit digital assets.
As Bitcoin (BTC) surges past $100,000 once again, edging closer to a new all-time high (ATH), most crypto analysts predict the premier cryptocurrency will peak around $150,000 during this market cycle. However, some experts argue that such a target is “too low” for BTC, considering its growing adoption and evolving market dynamics. $150,000 Target Too Low For Bitcoin Crypto trader Alex Becker recently took to X to share his thoughts on Bitcoin’s price momentum. The trader said that although the consensus points to BTC peaking at $150,000 this cycle, he believes that the target is “way too low and way too short.” Related Reading: Bitcoin Primed For A Major Rebound Following ‘Final Capitulation,’ Analyst Predicts Becker argued that at $150,000, Bitcoin’s market capitalization would only represent one-sixth of gold’s, leaving significant room for growth. He described the idea of BTC reaching merely one-sixth of gold’s market cap as “silly low.” At the time of writing, Bitcoin’s total market cap stands at $2.06 trillion. In comparison, gold commands a significantly larger market cap of approximately $18.5 trillion. As for why, the trader noted that unlike past market cycles, things are vastly different for BTC during the current cycle. The top cryptocurrency is poised to benefit from favourable regulations under Donald Trump’s administration, alongside increasing adoption by corporations and sovereign nations as a store of value. Becker projects that, driven by these factors, BTC could peak anywhere between $250,000 and $400,000. His outlook aligns with that of crypto analyst Will Clemente. In a recent post on X, Clemente noted that if a nation adopts Bitcoin as a strategic reserve asset, it could trigger a domino effect, compelling other countries to follow suit. Clemente elaborated: Once a nation adopts BTC as a strategic reserve asset, it becomes inherently nationalist to DCA into said asset. Then apply this to every nation on Earth that wants to keep its purchasing power simultaneously in game theoretic fashion. BTC Supply Crunch Nearing? As more corporations add Bitcoin to their balance sheets and speculation grows about the potential establishment of a US strategic Bitcoin reserve, the active supply of BTC may come under pressure. Related Reading: Bitcoin Reserve Idea Sparks Cautious Response From Japan PM: Report Crypto analyst Miles Deutscher recently pointed out in an X post that Bitcoin balances on crypto exchanges have hit a fresh seven-year low. Historically, reduced exchange supply correlates with sharp, parabolic price increases for the asset. Other projections estimate BTC could reach a peak of around $200,000 by the summer of 2025. At press time, Bitcoin is trading at $103,973, up 5.7% in the past 24 hours. Featured image from Unsplash, Charts from X and TradingView.com
As industry insiders gathered in a 'Crypto Ball,' Trump's official memecoin rocketed to a market cap of nearly $9 billion Friday night.
Analysts say Dogecoin has a 60% chance of hitting $1 before Jan. 31.
Crypto investors have high hopes for the incoming administration, including potential digital asset-focused executive orders that could add fuel to the rally.
Macro investor and asset manager Dan Tapiero explains how Trump’s policies and the DOGE initiative might fuel explosive crypto growth.
Some industry insiders who spent millions to support the US president-elect’s party and fund his inauguration will likely have a good view of the Capitol Building on Jan. 20.
Immortalizing Donald Trump on the Bitcoin network may seem like a gimmick, but it’s driven by real optimism about the future of crypto in the US.
Marathon Digital, a prominent Bitcoin mining company, has immortalized incoming US President Donald Trump on the blockchain network of the flagship digital asset. On Jan. 17, Marathon Digital CEO Fred Thiel detailed the creation of the “Trump 47” block on social media platform X, saying: “The ‘Trump 47’ block was composed with AI to form […]
The post Donald Trump image inscribed on Bitcoin blockchain by Marathon Digital appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin heeft het de afgelopen 7 dagen goed weer goed gedaan. Dat is verrassend, want de afgelopen weken leek het er lang op dat er een grondige correctie zou gaan plaatsvinden. Gelukkig was er deze week veel positief nieuws uit de Verenigde Staten, wat het geloof in de Bitcoin koers weer deed aanwakkeren. Daardoor staat Bitcoin op het moment weer boven de $100.000 en is het interessant om te zien wat er de komende dagen gaat gebeuren. Gunstige inflatie in de Verenigde Staten Gunstige inflatiecijfers uit de Verenigde Staten waren de afgelopen weken een van de redenen waarom Bitcoin stijgt. De crypto- en aandelenmarkt maakt zich hier al langere tijd zorgen over, en het economische nieuws wat er in december en januari naar buiten is gekomen, was gemixt. Gemixt nieuws is over het algemeen een slecht teken, omdat dat betekent dat de Amerikaanse centrale bank de rentes hoog moet houden. Hogere rentes zijn over het algemeen slecht voor de cryptomarkt omdat er zo minder geleend geld de markt invloeit. Gelukkig lijkt het ook in januari weer mee te vallen. Op maandag kwamen de Consumer Price Index cijfers naar buiten. Deze CPI cijfers zijn de belangrijkste graadmeter van inflatie in de Verenigde Staten. Analisten hadden verwacht dat, in vergelijking met een jaar geleden, de inflatie op 3% uit zou komen. Het echte cijfer was echter 2,9%. Dat is nog steeds hoger dan de gewenste 2%, maar positiever dan de geschatte 3%. Doordat de inflatiecijfers gunstig uitvallen wordt de kans op renteverlagingen groter. De markt reageerde daar positief op en dat betekende deze week een ommekeer in de Bitcoin koers. Trumps inauguratie zorgt ervoor dat Bitcoin stijgt Daarnaast is Trumps inauguratie al een paar weken het onderwerp van gesprek. Zoals we allemaal weten is Trump heel erg pro-crypto en schatten traders in dat zijn termijn goed zal zijn voor de cryptomarkt. Ook gisteren kwam er weer positief crypto nieuws naar buiten. Zo liet Trump weten open te staan voor het aanleggen van een nationale reserve van Bitcoin. Daarnaast wil hij van crypto een nationale prioriteit maken en regelgeving voor banken versoepelen, zodat het voor hun makkelijker wordt om Bitcoin op de balans te zetten. Dit alles heeft ervoor gezorgd dat Bitcoin stijgt. Presales die gaan profiteren als Bitcoin stijgt Nu de marktomstandigheden er weer beter uit beginnen te zien, is het tijd om te kijken hoe jij ook dit jaar kunt gaan profiteren van een Bitcoin bull run. Immers, als Bitcoin stijgt, dan doen andere altcoins dat ook. Om ervoor te zorgen dat jij de beste deals vindt in deze drukke cryptomarkt is het cruciaal om op zoek te gaan naar crypto presales. Presales zijn momenten waarop veelbelovende coins voor het eerst op de markt worden gebracht tegen een extreem lage prijs. Zo hebben bijvoorbeeld Ethereum en Solana in het verleden presales gehad die tussen de $18-25 miljoen ophaalde. Traders die toen zijn ingestapt hebben tienduizenden procenten rendement verdient. Wall Street Pepe Als je dacht dat de eerder genoemde presales van Ethereum en Solana het vroeger goed hebben gedaan, dan heb je die van Wall Street Pepe nog niet gezien. De teller van deze crypto presale is ondertussen als over de $50 miljoen heen! Veel traders hebben zich positief uitgelaten over de community die er achter deze coin zit en de ontwikkelaars die het mogelijk maken. De ontwikkelaars van $WEPE hebben namelijk een hekel aan crypto whales en insiders. Deze grote cryptospelers vergallen, in de ogen van de ontwikkelaars, de markt voor kleinere traders. Precies om die reden willen ze ervoor zorgen dat hun community met kleinere traders veel geld gaat verdienen. Zo krijg je, als je $WEPE koopt, toegang tot deze exclusieve community. In deze community delen de ontwikkelaars de laatste informatie rondom het project alleen met jou. Zo kan jij dus snellere en betere beslissingen nemen voordat de rest van de markt hier vanaf weet. Het resultaat is dat je rendement omhoog schiet! Daarnaast ontmoet je hier natuurlijk ook veel andere succesvolle traders waarmee je ideeën uitwisselt en zo samen nog rijker wordt. Gezien het grote succes van deze presale is het waarschijnlijk een kwestie van tijd voordat de voorraad die voor de presale bestemd is, weg is. Wees er dus snel bij! Nu naar Wall Street Pepe Solaxy In een wereld die gedomineerd wordt door meme coins is het top om te zien dat er ook projecten zijn met daadwerkelijke utility. Solaxy is zeker zo’n project! Dat komt doordat Solaxy een layer-2 oplossing is voor de immens populaire Solana blockchain. Voor de traders die dit niet weten: Solana was vorig jaar de snelstgroeiende blockchain. Maar liefst 7600 projecten werden toegevoegd, waaronder een hoop DeFi applicaties. Dat is verrassend, want juist DeFi applicaties hebben nogal een moeite met Solana. Zo is Solana snel en goedkoop, maar heeft het last van mislukte transacties en netwerkcongestie. Dat maakt de betrouwbaarheid van het netwerk voor DeFi applicaties laag. Precies daarom is Solaxy zo’n innovatie! Met Solaxy hebben DeFi ontwikkelaars namelijk een netwerk wat snel en goedkoop is, en daarnaast geen last heeft van mislukte transacties of netwerkcongestie. Dat komt doordat Solaxy ook gebruikmaakt van de liquiditeit van het Ethereum netwerk. Het zal dus een kwestie van tijd zijn voordat dit netwerk populair wordt onder deze doelgroep. Dat zal resulteren in een grote prijsstijging van de native token van het platform, $SOLX. Vanzelfsprekend kun je daar als slimme trader daar nu alvast je voordeel mee doen door deel te nemen aan deze presale! Nu naar Solaxy Best Wallet De presale van Best Wallet mogen we ook zeker niet vergeten. Het unieke van deze crypto presale is namelijk dat Best Wallet een bewezen concept is. Zo heeft deze crypto wallet al meer dan honderduizend gebruikers op iOS en Android. Het resultaat is dat er al een gigantische markt is voor de presale van $BEST. Dat is ook de reden waarom de teller ondertussen al de $7 miljoen voorbij is. Maar wat maakt de presale van $BEST zo interessant? Omdat gebruikers van dit platform met $BEST in hun portfolio verschillende voordelen hebben. Zo zijn hun transactiekosten later op de gedecentraliseerde exchange én de debit card die ook aan dit platform gelinkt zijn. Daarnaast krijg je met deze coin toegang tot exclusieve presales die je nergens anders vindt. Het resultaat is dus dat snelle traders deze coin nodig hebben om de nieuwste presales te kopen. Zowel de lagere kosten als de mogelijkheid om beter te traden maken dit voor gebruikers een interessante investering. Nu naar Best Wallet
Orbiter Finance's OBT will have a total supply of 10 billion tokens and launch on Ethereum, Arbitrum and Base.
“For the moment we need regulatory clarity and guidance,” says Tether CEO Paolo Ardoino.