Today, January 27, 2025, the overall cryptocurrency market has experienced a significant price drop and notable selling pressure. Amid this, Dogecoin (DOGE) has gained considerable attention from crypto traders and investors, who appear to be accumulating and betting on the long side. Crypto Whale Buys 175 Million DOGE Recently, Whale Alert, a blockchain-based transaction tracker, …
The memecoin industry, led by Dogecoin (DOGE) and Shiba Inu (SHIB), was heavily impacted in the past 24 hours as Bitcoin (BTC) slipped below $100k earlier on Monday. According to the latest market data, the memecoin’s valuation slipped by 10 percent in the past 24 hours to hover about $99.8 billion at the time of …
The cryptocurrency market saw a big increase and a lot of buying activity after Donald Trump returned to the White House. With Trump signing several executive orders that support the cryptocurrency market, more people are interested in trading. The next week is important for the market because the Federal Open Market Committee (FOMC) meeting and …
The current sentiment towards Dogecoin (DOGE) appears bullish, and it seems poised for a massive upside rally due to the formation of bullish price action and Elon Musk’s recent views on the Department of Government Efficiency (DOGE). These factors appear to be shifting the market sentiment that DOGE has been witnessing. Elon Musk and Blockchain …
The altcoin market is seeing more ups and downs because of whales every time Bitcoin gets close to the $100K mark. With Trump signing several executive orders that support the crypto market, altcoins have been performing really well. As traders are going long, some altcoins are likely to stand out next week with significant surges. …
After a prolonged period of downside momentum, Dogwihat (WIF), a popular Solana-based meme coin, is poised for a massive upside movement. This positive outlook can be attributed to the formation of bullish price action and the rising interest from traders over the past 24 hours. Dogwifhat (WIF) Technical Analysis and Upcoming Levels According to expert …
The crypto president has signed several executive orders that support crypto, which has helped the altcoin market recover strongly. As a result, the price of SOL has bounced from the important $240 support level, and key on-chain metrics have improved. There’s also a notable increase in transactions on the SOL network, nearing a monthly high, …
Senator Warren and a member of the House commerce panel are pressing for a review of Trump's effort to make "extraordinary profits off his presidency."
Vine co-founder Rus Yusupov launches VINE coin on Solana as John McAfees legacy sparks the AIntivirus token in the meme coin trend.
The post Vine co-founder and late John McAfee spark a new trend in meme coins appeared first on Crypto Briefing.
A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices plummet. The trading volume surge by the TRUMP token is more interesting in this scenario of high volatility and uncertainty. Related Reading: Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs Speculation Fuels TRUMP Token’s Rally Despite its sharp decline in price (down 16% in the last 24 hours), the TRUMP token managed to outdo XRP in trading volume. The rally in trading activity in TRUMP’s token has piqued the interest of the entire cryptocurrency community, with speculation pointing towards a very strong reaction of traders to the token, probably fueled by its political branding or hype around its speculative nature. Donald Trump, the 47th president of the United States, launched the meme coin Official Trump (TRUMP), which is based in Solana, over the weekend. Its price immediately reached highs close to $80, indicating that it was a huge success at launch. At the time of writing, TRUMP was trading at $35.69, with a 24-hour trading volume surpassing XRP’s. In particular, according to CoinMarketCap data, the meme coin has experienced $8.7 billion in trade activity, compared to XRP’s $8.3 billion. Since its inception on January 17, TRUMP has experienced an incredible $38 billion in trade activity, according to CryptoQuant data released on Wednesday. Notably, big sell-offs as momentum cools are probably the cause of the recent price’s sustained high trading volume. According to Dexscreener data, sale volume has recently surpassed buy volume. Meanwhile, XRP keeps growing steadily, while holding the number one spot of the top-ranked digital assets on the market. A short-term jump in trading volumes of the TRUMP token indicated a new shift in interest into tokens that bring more volatility and rewarding trading dynamics. XRP Standing Strong Although the TRUMP token managed to take a trading volume lead over XRP temporarily, it’s not easily replaced in the long run because of its years-long presence in the market. XRP, being an old cryptocurrency, has attracted followers and institutional investment and, thus, is relatively stable in the market. Related Reading: Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode The TRUMP token is, on the other hand, a recently introduced and relatively speculative asset whose trading volume peak may prove transitory and reliant on the whim of speculative traders rather than being based on sustainable investment. The contrast between the two tokens—one propelled by excitement and the other by solid fundamentals—illuminates the divergent forces at work in the cryptocurrency market. Although XRP may be more resilient, the TRUMP coin is presently experiencing a brief period of excitement and even controversy, which highlights the market’s unpredictable nature and the factors that influence trading activity. Featured image from Gearbest, chart from TradingView
The launch of the Trump meme coin has stirred the crypto world, drawing attention to its rapid rise and controversial nature. Debuting on January 17, the coin quickly gained billions in trading volume, partly fueled by endorsements from Donald Trump himself. However, the coin’s speculative nature and potential conflicts of interest have raised eyebrows. Adding …
Rus Yusupov, the co-founder of the now-defunct social platform Vine, has launched a new memecoin to honor the app’s nostalgic vibes. The Vine memecoin (VINE) was introduced earlier this week on the Solana (SOL) network, through the Pump.fun protocol. The Vine memecoin started with liquidity of nearly 10,000 SOL, worth about $10 million. Since then, …
The crypto world is buzzing after the launch of the Trump meme coin, which quickly hit billions in trading volume. The excitement has reached new heights with the filing of an exchange-traded fund (ETF) focused entirely on this controversial coin. Trump’s strategy to cash in on the hype has worked well, with his family’s coins …
The ranking Democrat on the House Oversight Committee is asking for a probe into Trump's financial conflicts of interest he said are "proliferating wildly."
The memecoins have gained mainstream attention ever since President Donald Trump launched his official token, TRUMP. This has started a wave of celebrity coins, as more and more known personalities like Mark Cuban are expected to launch their token. The ongoing wave has also offered a significant bullish push to the Dogecoin price, which has …
The crypto market has been posting greener numbers, with the bulls getting unchained. As a result, memecoins such as Dogecoin, Shiba Inu, Trump coin, and Bonk have recorded the highest gains during this period. Successively, market players have been keen on icebreaker questions like: Will the memecoin segment maintain its bullish recovery and surpass its …
Donald Trump’s TRUMP memecoin has taken the crypto world by storm, becoming the fastest-growing memecoin in history. Launched on January 17, just days before his inauguration, the Solana-based token quickly reached a market cap of $13 billion over the weekend. However, it has since dropped to around $8 billion after a sharp 50% decline, following …
Chainlink (LINK) has experienced a significant surge in its price, which analysts are attributing to the additional acquisition of World Liberty Financial (WLFI) and the rumors of a brewing partnership with Cardano. Related Reading: Trader’s Hot Take: XRP Branded The ‘Biggest Meme Coin’ In Crypto Chainlink could be off to a good start as the crypto token was able to pull off a big run that propelled the coin from its lowest level to reach over $26 per coin. Chainlink 30% Price Surge Analysts said that Chainlink has successfully positioned itself in the blockchain landscape after breaking the slump that saw the token at its lowest level this year and gaining momentum to surpass its March 2024 high of $22.87 Data showed that the crypto token’s price skyrocketed by 40% to hit $26.85 per coin. The come-from-behind rally also pushed the market capitalization to nearly $17 billion. Meanwhile, LINK was up 30% in the last seven days, data from Coingecko shows. Market observers noted that LINK’s gains to reach $26.87 have allowed the token to get over the resistance level of $22.87, which some analysts suggested the token could be moving towards a highly bullish condition. The cup and handle pattern method showed there is a high possibility that Chainlink would reach its target of $37, which an analyst explains, “The profit target for this pattern is calculated by measuring the depth of the cup and projecting the same distance upward from the breakout point.” WLFI Acquires More Tokens One of the reasons seen by crypto analysts that drive Chainlink’s price in an upward direction is the Trump-associated WLFI which bought a significant number of tokens. According to Nansen, about $4.6 million worth of LINK tokens were acquired by WLFI, bolstering their Chainlink holdings to more than $6.6 million worth of tokens. Some analysts pointed out the possibility of the US Securities and Exchange Commission (SEC) approving a Chainlink ETF if an application is submitted, noting that Trump’s crypto policy could positively affect these tokens. Moreover, data showed that WLFI holds $179 million worth of Ethereum tokens together with other assets like USD Coin, Tether, Wrapped Bitcoin, AAVE, Ethena, and Tron. It is estimated that WLFI has a portfolio that exceeds $322 million in value. Now that we have governance moving along really well, this year I’m going to focus deeply on three big themes for Cardano: 1) Bitcoin DeFi on Cardano (Market is 4 times the size of Ethereum and Solana combined) 2) 24/7 work on scalability, including Leios 3) Making Cardano a… — Charles Hoskinson (@IOHK_Charles) January 18, 2025 Related Reading: Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy Possible Cardano Partnership Another factor that contributed to Chainlink’s price surge is the rumor that Cardano will have a partnership deal with the token. No less than the Cardano founder, Charles Hoskinson, hinted that a potential collaboration is underway, saying they are looking to build more partnerships this year. According to Hoskinson, one of his goals this year is to make Cardano “a peninsula, not an island.” “Integrations, integrations, integrations. Already got a meeting with Chainlink on the books,” the Cardano founder said in a post. Featured image from CoinFlip.tech, chart from TradingView
Shiba Inu (SHIB), the popular and second-largest crypto meme coin, is poised for a price surge as it has formed a bullish price action pattern on its four-hour time frame. In addition, the overall market sentiment appears to be shifting from a downtrend to an uptrend, with SHIB seeming to breach its prolonged consolidation or …
After Trump’s return to the White House, numerous crypto influencers are bullish about potential regulatory changes and growth within the crypto market. In an interview with CNBC, Brian Armstrong, CEO of Coinbase, has stated that Bitcoin’s value is set to soar into the “multiple millions.” He also proposed the establishment of a strategic Bitcoin reserve …
Osprey Funds files for seven spot crypto ETFs, featuring Trump and Doge tokens, as Trumps pro-crypto presidency takes shape.
The post Trump and Doge meme coins get ETF filings as Trump begins second term in office appeared first on Crypto Briefing.
Musk's involvement in government efficiency could legitimize cryptocurrencies, potentially influencing broader adoption and market dynamics.
The post Dogecoin soars 14% as Musk’s DOGE drops official website featuring its logo appeared first on Crypto Briefing.
The increasing popularity of XRP is generating a mix of reactions. CNBC’s Ran Neuner recently called XRP the “biggest meme coin” in the crypto space, referring to its massive fully diluted valuation (FDV) of $320 billion. Related Reading: Trump Son Drops Hints About Major World Liberty Plans After Massive Ether Buy He opined that though it’s currently touted as one of the most popular utilities, its market dynamics resemble more those of meme coins than a utility-based crypto asset. This comment raised eyebrows, especially considering XRP’s historical background as a leading player in digital payments. An Increasingly Complex Narrative Due to its rapid value growth, many people are reconsidering XRP’s position in the market. Some people think that its price trajectory and media attention are comparable to joke currencies, while others see it as a utility token with real-world applications. According to Neuner, the token’s $320 billion FDV indicates that its value is primarily derived from speculative trading rather than any practical use. Here is a list of the biggest memecoins by FDV; 1. XRP – $320bn 2. DOGE – $57bn 3 ADA – $47bn 4.TRUMP – $36bn 5.HBAR -$17bn — Ran Neuner (@cryptomanran) January 19, 2025 Meme Coins Vs Utility Tokens In the crypto space, meme coins like Dogecoin and Shiba Inu have gained fame, often based on community sentiment rather than solid use cases. A comparison of XRP to such meme coins can be seen as controversial, yet it is an interesting one to look at. For all its utility-focused narrative, XRP has a massive market cap and substntial media buzz which often overshadows practical applications. Skeptics Weigh In At the same time, prominent individuals in the business, like Raoul Pal and DaVinci Jeremie, have expressed doubts about the direction of XRP. Some people say that the coin’s popularity may not last and is likely just due to market trends rather than real growth. Even though its story is based on its usefulness, XRP’s huge market cap and broad media attention often overshadow its actual uses. Interesting that you classify ADA as a memecoin when it’s one of the few chains with peer-reviewed research, formal verification methods, and a clear roadmap to scalability. Perhaps we should distinguish between price speculation and fundamental value. — talos (@TalosAgent) January 19, 2025 Talos, a community member, found Neuner’s assertion surprising as labeling ADA a joke currency ignores its special qualities. Cardano is unique from speculative assets, he said, since it is grounded on peer-reviewed research and has a clear scalability plan. As the debate goes on, it’s evident that XRP is more than just a utility coin or simply one player in the digital asset world. It’s either a meme coin or something more serious – the debate is not over yet. But one thing is for sure: XRP is definitely on everyone’s radar now, and its market movements will still draw the interest of fans and its harshest critics. Related Reading: Bitcoin Reserve In The US: 65% Chance It Happens In 2025 The Future Of XRP In The Meme Coin Debate What happens next with XRP will depend a lot on how people feel about it in the next few months. Some people see it as a risky asset, but others keep saying that it could change the way people pay for things around the world. XRP’s price changes and general effect on the market are likely to stay a hot topic no matter what classification it gets. Featured image from LumerB/Getty Images, chart from TradingView
The TRUMP meme coin has plunged 40.88% in the last 24 hours, wiping out much of its earlier gains. Once a popular choice among investors, the token’s steep decline followed Donald Trump’s presidential inauguration, which initially raised hopes of a market boost. Whale Activity Shakes Confidence Whale activity has played a major role in the …
Recently, $Trump and $MELANIA, the two prominent meme coins released by the Trump family, created extreme excitement in the market. Both these coins achieved massive growth in the initial hours post-launch. It seems that the buzz created by the Trump family-related meme coins has encouraged many to rethink their view of the meme coin sector. …
During the oath-taking ceremony, as the President of the United States of America, Donald Trump failed to mention about cryptocurrencies in his speech. This further led to a significant overnight correction in the crypto market, with Bitcoin price retesting its $102k level. Moreover, the memecoin segment recorded the highest correction with Trump meme coins crashing …
Mark Cuban plans to launch a Trump-inspired meme coin, donating all proceeds to the US Treasury to help reduce national debt.
The post Mark Cuban announces Trump-inspired meme coin to pay down US debt appeared first on Crypto Briefing.
The cryptocurrency market has experienced a major pullback following the oath-taking ceremony of Donald Trump. Reportedly, with Trump failing to highlight cryptocurrency in his inauguration speech, the crypto space took a nose dive with the price of Bitcoin retesting its low of $102,000. Notably, top marketers had speculated for such an event to occur following …
As Trump prepares for his inauguration, the crypto market keeps picking up speed. Since his election victory, dubbed the “crypto president,” Trump has been fueling the market for several months. This has led to record highs in various metrics, including a recently reached all-time high in assets under management (AUM). Moreover, the excitement surrounding the …
After Melania Trump launched her own memecoin on Sunday, positioned as a rival to $TRUMP, Donald Trump’s memecoin saw a 40% drop before rebounding. “The official Melania meme is live,” the incoming first lady of the U.S. posted to X, with a link to a website selling the cryptocurrency. “You can buy $melania now.” Within …