Plus: The FBI foils a crypto ransom plan
GM. This is your day by day dose of crypto nutritional vitamins: squeezed, stirred, and served chilly to maintain you feeling refreshed.
🦅 Trump.
🍋 Information drops: Trump + extra Trump
… jk, however not likely. He is in every single place.
🍍 Market taste in the present day
The day each crypto bro circled in crimson is lastly right here: Donald Trump’s inauguration.
How’s the market reacting up to now? Nicely, the Worry & Greed Index is at 76, which suggests buyers are feelin’ bullish, and Bitcoin reached a brand new all-time excessive above $109K.
What’s contributing to the hype?
Bitcoin ETFs had $2.3B in inflows final week;
One of many Fed governors hinted at a potential rate of interest lower in March (making borrowing cheaper, which frequently encourages extra investing);
FOMO is at full pace – Google searches for “Learn how to purchase crypto” broke a brand new file.
In the meantime, after regardless of the f*ck occurred with Trump fam memecoins this weekend (extra on that mess in a bit), Solana set a brand new ATH of over $290.
So yeah, let’s not waste any extra time – take a fast take a look at another memecoins 👇 after which we’ll get into the Trump token drama.
🥝 Memecoin harvest
… lmao, what “different” memecoins? 🤠 There are not any “others” in the present day – actually EVERYTHING is concerning the Trumps:
Identify
24H Change
Official Barron Meme BARRON
▲17K%
Melania Meme MELANIA
▲15K%
OFFICIAL IVANKA IVANKA
▲5.8K%
PERSON OF THE YEAR POTY
▲856%
Knowledge as of 08:30 AM EST.
Take a look at these memecoins and many extra right here.
To all y’all who left your jobs and texted each group chat that you simply’d “make it” on January 20 – the wait is over. Trump’s about to be sworn in because the forty seventh president of the US.
We have talked quite a bit about why the crypto neighborhood waited for in the present day. Trump’s guarantees – like making a nationwide Bitcoin reserve and organising a crypto council – had ’em searching for the closest place to lastly get that Lambo.
However, uh… let’s simply say what occurred this weekend wasn’t the “higher crypto future” we anticipated.
It began when Trump dropped this bombshell on social media:
Some thought the account obtained hacked; others speculated that Trump was trolling… however no – hours glided by, and the tweet stayed up. The TRUMP memecoin was actual.
And never simply actual – what it did to the market made me consider in miracles:
Hit a $15B market cap;
Ranked because the thirteenth largest crypto for a second (it overtook XLM, SUI, and HBAR);
Oh, and it made Trump a memecoin billionaire. Scripting this felt weird, NGL.
All that in LESS THAN 48 HOURS. What an trade, huh?
However you understand what is the craziest half? This story’s simply getting began.
Lower than a day later, Melania Trump ALSO launched her personal memecoin.
🤠 You’ll be able to’t persuade me this isn’t a fever dream.
MELANIA did not come right here to play, both:
Shot as much as a $2B market cap;
Instantly precipitated TRUMP to crash – it dropped from $74 to $38 (… is that this the crypto model of “pleased spouse, pleased life?”)
As you could possibly’ve guessed, this entire scenario made everybody go loopy go silly. Over the weekend, DEX buying and selling volumes on Solana (the place these cash launched) broke information as they hit $27B.
Truly, not solely information – it broke the goddamn blockchain itself. Solana obtained so congested that the majority customers could not even commerce for a few hours.
And that is nonetheless not the top of the drama. Bubblemaps entered the chat to disclose that 80% of TRUMP and 89% of MELANIA tokens are held by single clusters (aka, insiders).
Mainly, this began trying an entire lot like a money seize, and folks weren’t thrilled. Some even referred to as it the most important mistake earlier than a Presidential inauguration.
However hey, we’re being constructive in 2025, proper?
Professional-crypto rules: if nothing else, Trump’s clearly embracing crypto, which may imply a friendlier regulatory surroundings;
Onboarding no-coiners: a president launching a memecoin? That is gotta carry some new faces into the trade.
Wild occasions. No concept what to anticipate later down the road, however I am certain it will be entertaining.
Liking the juice? 🍋 Don’t gatekeep this one – share the Day by day Squeeze and let your pals get a style of Web3 sweetness!
Honest warning, tho’: you’ll have to hold the load of changing into a hero.
🍋 Information drops
🛍 World Liberty Monetary, the Trump-linked DeFi platform, went on an Ethereum buying spree – they spent $48M to get 14,403 ETH.
🚔 The FBI foiled a plan to kidnap a Miami jeweler holding $2M in crypto. As if that wasn’t unhealthy sufficient, the group referred to as themselves “goons” 😐 … They need to go to jail only for that title.
📝 Wyoming dropped a invoice to create a Strategic Bitcoin Reserve. Yeah, the race to hodl BTC is mostly a factor.
🪪 Crypto.com has turn out to be the primary main crypto firm to get an in-principle MiCA license. Full approval means they’re going to quickly be offering their providers throughout the EU beneath the brand new guidelines.
🤑 If BTC’s gonna really feel that Trump pump, you may want the best trade. Don’t fret – we have you coated with a information to the very best ones.
🍌 Juicy memes
