Plus: The FBI foils a crypto ransom plan
GM. Here is your every 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 immediately
The day each crypto bro circled in crimson is lastly right here: Donald Trump’s inauguration.
How’s the market reacting thus far? 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 reduce in March (making borrowing cheaper, which regularly encourages extra investing);
FOMO is at full pace – Google searches for “The right way to purchase crypto” broke a brand new document.
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 have a look at another memecoins 👇 after which we’ll get into the Trump token drama.
🥝 Memecoin harvest
… lmao, what “different” memecoins? 🤠 There aren’t any “others” immediately – 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 lots extra right here.
To all y’all who left your jobs and texted each group chat that you just’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 rather a lot about why the crypto neighborhood waited for immediately. Trump’s guarantees – like making a nationwide Bitcoin reserve and establishing a crypto council – had ’em in search of 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 bought 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 imagine 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 what is the craziest half? This story’s simply getting began.
Lower than a day later, Melania Trump ALSO launched her personal memecoin.
🤠 You possibly can’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 “comfortable spouse, comfortable life?”)
As you possibly can’ve guessed, this complete state of affairs 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.
Really, not solely information – it broke the goddamn blockchain itself. Solana bought so congested that the majority customers could not even commerce for a few hours.
And that is nonetheless not the tip 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 wanting an entire lot like a money seize, and other people weren’t thrilled. Some even referred to as it the largest 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 might imply a friendlier regulatory surroundings;
Onboarding no-coiners: a president launching a memecoin? That is gotta convey some new faces into the trade.
Wild occasions. No concept what to anticipate later down the road, however I am positive it’s going to be entertaining.
Liking the juice? 🍋 Don’t gatekeep this one – share the Every day Squeeze and let your folks get a style of Web3 sweetness!
Truthful 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 purchasing 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 dangerous sufficient, the group referred to as themselves “goons” 😐 … They should go to jail only for that title.
📝 Wyoming dropped a invoice to create a Strategic Bitcoin Reserve. Yeah, the race to hodl BTC is known as a factor.
🪪 Crypto.com has turn into the primary main crypto firm to get an in-principle MiCA license. Full approval means they’re going to quickly be offering their companies throughout the EU below the brand new guidelines.
🤑 If BTC’s gonna really feel that Trump pump, you will want the precise alternate. Don’t fret – we have you coated with a information to the most effective ones.
🍌 Juicy memes
