Trump has given a ray of hope to the downmarket with its new crypto policies and market cheered his crypto centric election campaign wholeheartedly. The crypto turned to a Trillion dollar industry with Trump’s win. However, the market got more interested with the debut of Donald Trump’s TRUMP meme coin, which initially jumped to a whopping $14 billion market cap. This made it one of the top 20 cryptocurrencies by value, but the excitement was short-lived. With rumors of Trump gearing for many executive orders the market is in a mixed state.
Meanwhile, Trump’s wife, the first US lady, has announced that the MELANIA coin, via her social media, caused a dramatic 40% crash in TRUMP’s value. In a matter of minutes, $7.5 billion was wiped from its market cap as traders shifted their focus to Melania’s coin.
PEPE Eyes Breakout But Faces Competition From New Frog King Tension is rising in the memecoin market and more particularly the frog-themed sector as the most popular frog coin PEPE is looking towards a breakout but is facing pushback from the new king of frogs PEPETO.
TRUMP’s $14 Billion Market Cap Faces Headwinds Amid Overheated Conditions Donald Trump’s newly launched meme coin OFFICIAL TRUMP (TRUMP) has emerged as the market’s top performer, recording a 268% surge in value over the past 24 hours. Its market capitalization has soared past $14 billion, propelling it into the top 20 cryptos list within just 24 hours of its launch.
Whale Earns $29.6 Million Profit from $TRUMP Token Within 24 Hours A whale with the address “Fpj236…uVJr” is making headlines after depositing 1.27 million $TRUMP tokens into the OKX exchange. The value of these tokens is worth $43.9 million. The whale earned a profit of $29.6 million on this transaction, according to Lookonchain. With this move, the $TRUMP token has certainly created a lot of hype in the crypto market.
$TRUMP Wallet Deposits $455M, Raising Questions The $TRUMP token team wallet has made headlines following substantial deposits into cryptocurrency exchanges over the past 24 hours. According to blockchain data, the wallet transferred 4.5 million $TRUMP tokens, valued at $178.9 million, to Binance just 40 minutes ago. In total, the team wallet has deposited 10.13 million $TRUMP tokens, worth approximately $455 million, into various exchanges during this period, likely to provide liquidity for the token’s rapid trading activity.
Official Trump Solana Meme Coin Triples in Price Amid Binance, Coinbase Listings Donald Trump's official meme coin, TRUMP, nearly tripled in price from Saturday evening to early Sunday, blasting above $73 amid increasing momentum as major centralized exchanges shared plans to list the Solana token.
Though the price surge has since cooled and TRUMP has retraced to a current mark of about $59, it peaked at a price of $73.43 early Sunday, per data from CoinGecko. That was enough to place the coin in the top 15 cryptocurrencies by market cap, though at its current price, it ranks 21st on CoinGecko's list.
Even with that slight retreat after rising from a price under $25 on Saturday, TRUMP continues to be a staggering success, launching out of nowhere late Friday and showing early buyers with with enormous gains—all while sucking attention away from some other meme coins and giving a big boost to Solana in the process.
FLOKI, BONK, PENGU, AI16Z: Meme Coins Hit by Crypto Collapse
As Bitcoin (BTC) hits its lowest level since mid-November, major meme cryptocurrencies are on the list of the worst performers in the last 24 hours. Meanwhile, the liquidation tsunami erased over half a billion in crypto positions.
MoonPay acquires 'premiere' Solana payment firm Helio in $175 million deal MoonPay has acquired the Helio payment app in an effort to expand and improve existing payment services. The deal to buy the Solana-based payment firm is worth $175 million, according to Fox Business.
Just In: BlackRock Launches iShares Bitcoin ETF on Cboe Canada In a significant develoment for the crypto landscape, BlackRock has launched its iShares Bitcoin ETF on Cboe Canada, offering investors a way to gain exposure to Bitcoin through their brokerage accounts. Cboe Canada Inc. announced the launch of BlackRock Asset Management Canada Limited’s latest exchange-traded fund (ETF), the iShares Bitcoin ETF. The iShares Bitcoin ETF, now trading on Cboe Canada under the symbol IBIT, with U.S. dollar-denominated units trading under IBIT.U, marks a key step in expanding accessible crypto investment products in Canada. The fund allocates most or all of its assets to the iShares Bitcoin Trust ETF, which primarily invests in long-term Bitcoin holdings.
The ETF, traded under the symbols IBIT and IBIT.U, aims to track Bitcoin’s price performance, investing primarily in the U.S.-based iShares Bitcoin Trust ETF. This move highlights BlackRock’s commitment to innovation and providing Canadian investors with an easy and cost-effective method to invest in Bitcoin while avoiding direct custody and operational challenges.
JPMorgan CEO Calls Bitcoin a ‘Ponzi Scheme’ With No Value In a rather surprising statement from the executive, JPMorgan Chase CEO Jamie Dimon recently called Bitcoin a “Ponzi scheme,” while sharing his belief that the asset has “no intrinsic value” in a CBS interview. Indeed, Dimon’s recent statements came as BTC has fallen below $90,000 in a rather surprising drop.
PEPE Sees 11% Slump as PEPETO Comes For its Throne PEPE has recently seen a significant downturn, losing 11% in market value. Meanwhile, PEPETO is rapidly gaining traction in its presale phase, boasting over $3.4 million raised from an initial token price of just $0.000000103. This article delves into the market positions and potential futures of these two digital assets. Contrasting sharply with PEPE’s decline, PEPETO is a burgeoning star in the meme coin sector. Launched with a vision to blend humor with utility, PEPETO‘s presale has attracted substantial investor interest. The token’s low entry price and innovative features, such as a zero-fee exchange and a cross-chain bridge, make it an attractive option for both seasoned investors and newcomers. PEPE, a cryptocurrency that emerged from internet meme culture, has experienced a rapid decline in its value, shedding 19.51% over the last week. Despite its strong community support and substantial market cap of over $1.7 billion, PEPE is facing challenges that could be attributed to market saturation and investor shifts towards newer, more dynamic cryptocurrencies.
Why First-Ever Telegram ICO, Dogizen, Is Looking At a Parabolic 2025 Dogizen is shaping up to be one of the most explosive opportunities of 2025, having raised over $2.8m. Just as Telegram gaming hits its stride, Dogizen is driving the space forward with its upcoming app-native ecosystem. Supported by a perfect mix of factors and its status as the first-ever Telegram ICO, Dogizen could be in line for parabolic gains in 2025. Read on to learn more.#BinanceAlphaAlert
XRP Ledger Set For A Major Overhaul With 8 Amendments RippleX—the development arm of Ripple Labs—announced earlier today that nearly 80% of servers have already upgraded to the latest version of the XRP Ledger software, rippled v2.3.0. This update, poised to bring eight new amendments, marks one of the most comprehensive overhauls of the ledger to date. $XRP