Trump launches $TRUMP Meme Coin; is it crypto gold or a campaign gimmick?
With just days until his inauguration, President-elect Donald Trump has launched a new crypto token: $TRUMP. Marketed as a meme coin, $TRUMP has seen an explosive rise in value, sparking a whirlwind of interest—and skepticism—in the crypto world.
The debut of this Solana-based meme coin began with a flurry of posts on Trump’s social media accounts, Truth Social and X (formerly Twitter).
The announcement quickly gained traction, but not without raising a few eyebrows. Many users initially wondered if Trump’s accounts had been hacked, especially as his Truth Social account simultaneously appointed Peggy Schwinn as Deputy Secretary of Education—with her name misspelled. The bizarre nature of the posts led to confusion, but it didn’t stop the meme coin from making waves.
The $TRUMP surge In less than three hours, $TRUMP’s market cap soared to an eye-popping $8 billion. Trading volumes approached $1 billion, and the coin’s value surged over 300% within minutes. By the time the dust settled, the price of $TRUMP had reached $7.1, up from an initial $0.18.
Binance Announced the Second Batch of Vote to List Results and Will List Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL) With Seed Tags Applied 2025-04-11 15:38 Note: Please do your own research before making any trades for the aforementioned token(s) outside Binance to avoid any scams and ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Following the Vote to List results and completion of due diligence, Binance will list Ondo (ONDO), Big Time (BIGTIME), and Virtuals Protocol (VIRTUAL) and open trading for the following spot trading pairs at 2025-04-11 14:00 (UTC). Please note that tokens above are already available on Binance Alpha and will no longer be showcased there upon spot trading opens. Users can transfer their Binance Alpha tokens to their Spot Accounts from now on.
New Spot Trading Pairs: ONDO/USDT, ONDO/USDC, BIGTIME/USDT, BIGTIME/USDC, VIRTUAL/USDT, VIRTUAL/USDC
Users can start depositing ONDO, BIGTIME, and VIRTUAL one hour after this announcement.
Withdrawals will open at 2025-04-12 14:00 (UTC).
Listing Fee: 0 BNB
ONDO Smart Contract: Ethereum (0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3)
Just dropped some Lightning alpha at the Bitcoin Stage in Hong Kong on the the panel: “The Next Chapter of the Lightning Network” alongside Alex Bosworth | Head of lightning liquidity (Lightning Labs), Federico Tenga | R&D (Bitfinex), Ian Yang | Fiber Engineer (Cryptape), Zhiwei(Jeffrey) Hu | Head of Investment Research (HashKey Capital), Pepper | BTC Researcher.
We dived deep into the latest developments, real-world applications, and future outlook for the Lightning Network. A few themes we explored: ✅Stablecoins on lightning ✅ Lightning on Other Chains: Projects like Breez and Joltz are driving cross-chain adoption, with most of their user base coming from non-Bitcoin ecosystems. Lightning’s reliability and speed make it a natural BRIDGE layer. ✅Most promising applications ✅New promising ventures on lightning network ✅Path to Mass adoption
The market started the week on a stronger note, bouncing back as traders welcomed signs that U.S. President Trump had finally landed on a trade strategy after weeks of unpredictable tariff threats. His back-and-forth stance on major trading partners had kept investors on edge, so even a hint of clarity brought some relief.
Ethereum, Dogicoin and #solana joined Bitcoin #Bitcoin BTC 0.92% Bitcoin, which rallied more than 3.3% on Tuesday, in the broader market recovery. #Ethereum #ETH 0.14% Ethereum climbed to around $1,917, up 4% on the day. Dogecoin Dogecoin #DOGE 0.19% Dogecoin touched just over $0.17, a 3% rise, while Cardano Cardano #ADA 0.39% Cardano ticked up 2.5%. Still, the momentum fizzled out quickly as underlying concerns came back into focus.
However, with Trump’s reciprocal tariffs set to be introduced today, market anxiety has resurfaced.
At press time, BTC had fallen 1.36% from its April 1 high of $85,413. Major altcoins like $ETH, $XRP #XRP -2.09% $XRP , $SOL , and $DOGE have been hit harder, seeing losses ranging between 3-5%.
The global market cap fell 2.1% to $2.85 trillion as a risk-off sentiment prevailed. Traditional markets, including the S&P 500 and Russell 2000, were also down over the past week, as major tech stocks like Nvidia, Amazon, and Tesla slipped 5–7% over the same period.
Trump announces strategic crypto reserve including bitcoin, Solana, XRP and more
KEY POINTS President Donald Trump announced the creation of a "strategic crypto reserve" that will include bitcoin, ether, XRP, Solana's SOL token and Cardano's ADA, in a post on Truth Social. This is the first time Trump has specified his support for a crypto "reserve" versus a "stockpile." Bitcoin had been in consolidation since the executive order on crypto issued in late January. It just closed its worst month since 2022.
Cryptocurrencies rallied on Sunday after President Donald Trump announced the creation of a strategic crypto reserve for the United States that will include bitcoin and ether, as well as XRP, Solana's SOL token and Cardano's ADA.
"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA," he said in a post on Truth Social. "I will make sure the U.S. is the Crypto Capital of the World.""And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve," he said in a follow-up post. "I also love Bitcoin and Ethereum!"
XRP surged 33% after the announcement while the token tied to Solana jumped 22%. Cardano's coin soared more than 60%.
This is the first time Trump has specified his support for a crypto "reserve" versus a "stockpile." While the former assumes actively buying crypto in regular installments, a stockpile would simply not sell any of the crypto currently held by the U.S. government. #USCryptoReserve #CZ'sTokenModelIdea #BTCRebundsBack #TraderProfile #BTCDipOrRebound $ETH $XRP $SOL
Jio Coin: Mukesh Ambani-led RIL's crypto entry? All about Jio Platforms’ partnership with Polygon Labs
Jio Coin: Mukesh Ambani-led Reliance Industries' technology subsidiary Jio Platforms recently announced a partnership with Polygon Labs, the developer arm of Polygon Protocols for its Web3 and blockchain debut in India. With this tie up, Jio's users will be able to make use of the Web3 advantages, it said in a statement.
Jio Coin : India’s richest person Mukesh Ambani-led Jio Platforms recently announced its partnership with internet technology company Polygon Labs . Ever since, the telco has made the announcement, ‘JioCoin’ has taken over the internet like a storm, with users sharing screenshots of the same. Several users took to Twitter to share pictures of JioCoin despite the company not making any official announcement about the same. Bitinning CEO Kashif Raza also shared the same, speculating that JioCoin could eventually be used for services like mobile recharges or purchases at Reliance gas stations. #Jiocoin #jio #altcoins #BTCNextATH? #BinanceAlphaAlert $XRP
BitMart is thrilled to announce the exclusive primary listing of Bee Trade Finance (BTF) on January 14, 2025. Please check out the details of listing below:
Deposit feature: Available Trade feature: 1/14/2025 10:00 AM UTC Withdrawal feature: 1/15/2025 10:00 AM UTC Trading Pair: BTF/USDT Trading Zone: DeFi
Coffee house giant Starbucks recently started accepting cryptocurrencies as a form of payment in an attempt to step-up their blockchain game. + After previously publicly denying that they would be accepting crypto, they now seem to have changed their stance. Starbucks is not the only retailer that seems to has started accepting cryptocurrencies thanks to Flexa and Gemini. Nordstrom, Whole Foods, Barnes & Noble, Bed Bath & Beyond, Lowe's, Gamestop and Office Depot are all new official partners of Flexa and ready to accept digital assets as a form of payment. #BTCXmasOrDip? #BinanceAlphaAlert #GrayscaleHorizenTrust #MarketRebound #BinanceLaunchpoolBIO $XRP
MetaMask and Mastercard to roll out crypto debit card in the US.
But it’s unlike any “crypto credit card” we’ve seen before.
The card works like a typical debit card, but lets you spend straight from your MetaMask wallet.
You control your crypto right up until you swipe.
All transactions settle on Linea, an Ethereum layer-2 network, ensuring speed and efficiency.
This is a big deal for a few reasons: 1. Easier on-ramp: Simplifies crypto spending for everyday txns 2. Financial inclusion: Potential to bank the unbanked globally 3. Industry convergence: TradFi & blockchain tech are merging fast
Will crypto debit cards accelerate mainstream adoption?
Get the latest on crypto markets, trends, and tools: www.newmoney.xyz
🚀 $PNUT /USDT Analysis: Key Levels to Watch! 📉 The market is heating up, but PNUT/USDT is currently in bearish territory, trading at $1.1359, down 7.41% in the last 24 hours. Sellers are dominating, with the price forming lower highs and lower lows—a clear downtrend. 💡 Key Levels: Resistance: $1.1698 – This level needs to break for any bullish recovery. Support: $1.1271 – If this breaks, expect a drop toward the $1.08 region, an important historical level. 🎯 Entry Strategy: 1️⃣ For Bulls: Wait for a breakout above $1.1698 with strong volume before entering. A retest of this level as support would confirm bullish momentum. 2️⃣ For Bears: Look for entries near resistance ($1.1698) or after a breakdown below $1.1271 for short opportunities. 🔥 The market is ripe for action! Stay patient and trade smart—timing is everything. 📊 #ThanksgivingBTCMoves #ThanksgivingBTCMoves #BinanceBNSOLPYTH #BitwiseFiles10ETFs #punt $PNUT
What an incredible experience speaking with two legends in the crypto world today - Changpeng Zhao (CZ), former CEO of Binance and Ronghui Gu, co-founder of CertiK.
CZ has been a driving force in shaping the #Web3 space, breaking barriers, and setting the standard for innovation since the very beginning of my journey in #crypto. Meanwhile, Ronghui’s work with CertiK has been pivotal in building trust and security in this industry (plus a client I’m proud to say Luna PR has worked closely with for the past two years).
Our conversation about crypto security gave me a fresh perspective on how far we’ve come and where we’re headed. These two leaders are not just shaping the industry, they’re making it stronger for everyone involved.