In a bold move, President Donald Trump has entered the cryptocurrency arena with the launch of his own meme coin, $TRUMP . Introduced just days before his inauguration, this digital asset has ignited discussions across financial and political spheres.

Key Highlights:

Launch and Surge: Trump was unveiled on January 17, 2025, and experienced a meteoric rise, reaching a market valuation of over $14.5 billion within two days.

Market Volatility: Despite its initial success, Trump has exhibited significant volatility, with its value decreasing by approximately two-thirds since its peak.

Ethical Concerns: The coin's launch has raised questions about potential conflicts of interest, given President Trump's direct involvement in its promotion and the financial gains associated with it.

The Meme Coin Landscape:

Meme coins, digital currencies inspired by internet memes and cultural references, have become a notable trend in the crypto market. While they often start as lighthearted projects, some, like Dogecoin (DOGE) and Shiba Inu (SHIB), have achieved substantial market capitalizations.

Current Market Snapshot:

$TRUMP (MAGA): Trading at $0.447148, with a slight decrease of 0.04126% today.

$DOGE (DOGE): Priced at $0.276684, reflecting a 0.02259% increase.

$SHIB (SHIB): Valued at $0.00001643, experiencing a 0.01381% decline.

Investor Advisory:

While meme coins can offer lucrative opportunities, they are often characterized by high volatility and speculative trading. Potential investors should conduct thorough research and exercise caution, especially with assets linked to public figures or trending topics.

#TRUMP #memecoin🚀🚀🚀 #pumpingsoon #ToTheMoon🌕✨

*Stay informed and approach meme coin investments with due diligence.*

Here’s Why The Dogecoin And Shiba Inu Prices Are Soaring Today
The Dogecoin and Shiba Inu prices have surged significantly today, providing optimism for investors. This development is thanks to several factors that paint a bullish picture for the foremost meme coins. 
Why The Dogecoin And Shiba Inu Prices Are Up
CoinMarketCap data shows that the Dogecoin and Shiba Inu prices are up over 14% and 8%, respectively, in the last 24 hours. This price surge is due to some developments that provide a bullish outlook for the foremost meme coins. One of these developments is the fast-approaching inauguration of the US president-elect Donald Trump. 
Related Reading: Worried About When To Sell Your Bitcoin? Analyst Provides ‘Sweet Spot’ – And It’s Much Higher
Trump’s inauguration provides a bullish outlook for the Dogecoin and Shiba Inu prices because of his pro-crypto stance. Moreover, Elon Musk’s Department of Government Efficiency (DOGE) is also set to come to life once Trump takes office. The department is bullish for Dogecoin because Musk coined the name from the meme coin’s ticker ‘DOGE.’
Another factor that has contributed to the Dogecoin and Shiba price surge is the optimism in the crypto that 2025 could be the biggest bull run ever. Crypto stakeholders like Binance’s former CEO Changpeng “CZ” Zhao have also fuelled this bullish outlook. In an X post, CZ asserted that 2025 will be the “send it” year. 
The Bitcoin price rebound to as high as $98,000 is another reason the Dogecoin and Shiba Inu prices have surged today. These meme coins share a strong positive price correlation with the flagship crypto, so they are bound to witness a rally alongside BTC. Further price surges can be expected, especially if Bitcoin rebounds above $100,000. 
Historical trends also support this Dogecoin and Shiba Inu Price surge. In the 2021 bull run, these foremost meme coins witnessed a bullish reversal in January 2021 following a wave of sell-offs in December 2020. The price rebound in January ultimately paved the way for these meme coins to reach new highs. 
What Next For These Coins
Crypto analyst Kevin Capital discussed what needs to happen for the Dogecoin price to reach a new all-time high (ATH). In an X post, he stated that Dogecoin needs to break above the macro golden pocket at $0.49, then the Fib .703 at $53, and then above $0.59. The crypto analyst remarked that a break above $0.59 would mean a new ATH is imminent. 
Related Reading: Dogecoin Price Eyes Double-Digit Surge After Breaking Out Of 2-Week Descending Wedge

Meanwhile, crypto analyst Daniel Ramsey provided insights into what is next for the Shiba Inu price. In an X post, he stated that SHIB is completing the cup and handle formation and is ready to break through the strong resistance confluence of key zone and descending resistance.

The analyst added that a bullish rally is imminent. The analyst suggested that Shiba Inu could rally to as high as $0.00013965 when this bull rally begins. 
$DOGE
#DOGE #pumpiscoming #pumpingsoon #BIOOpenonBinance #SUIHitsATH

MicroStrategy, the biggest corporate Bitcoin holder, announced a fresh purchase of 1,070 BTC made in the last two days of 2024.
The company revealed the purchase on Jan. 6, stating that it spent about $101 million in cash on Dec. 30–31, 2024.
The acquisition was made at an average price of roughly $94,004 per Bitcoin BTC $101,022 , according to a filing with the United States Securities and Exchange Commission.
MicroStrategy has not made additional Bitcoin purchases since Dec. 31, as noted in its current Form 8-K filing.
MicroStrategy now holds 447,470 BTC
Following its latest acquisition, MicroStrategy holds 447,470 BTC, acquired for around $27.97 billion at $62,503 per BTC as of Jan. 5. The amount accounts for 2.1% of all Bitcoin that will ever be mined.
Similar to previous MicroStrategy Bitcoin buys, the latest acquisition was made using proceeds from the issuance and sale of shares under a convertible notes sales agreement.

The purchase came shortly after MicroStrategy co-founder Michael Saylor hinted at the upcoming BTC purchase by posting the Bitcoin chart from the SaylorTracker website on Jan. 5.
Continued slowdown in buying BTC
MicroStrategy’s latest Bitcoin acquisition highlights a slowdown in its buying activity, even as the cryptocurrency hit new all-time highs in December 2024.
Between Dec. 2–31, 2024, MicroStrategy bought a total of 45,370 BTC, which accounts for only around 30% of all Bitcoin purchases made between Oct. 31 and Dec. 1.

The slowdown came amid prominent industry figures like BitMEX co-founder Arthur Hayes cautioning against a drop in crypto markets potentially stemming from the upcoming inauguration of US President-elect Donald Trump.

Some reports also suggested that MicroStrategy may enter a blackout period in January 2025, which would halt the issuing of shares and convertible bonds to purchase more BTC.
The latest MicroStrategy’s Bitcoin buy comes shortly after the company announced plans to raise $2 billion from a perpetual preferred stock offering to buy more Bitcoin.
The decision whether to proceed with the offering is in MicroStrategy’s sole discretion and is subject to market and other conditions, the firm noted.

$BTC
#BTC☀ #pumpingsoon #BinanceAlphaAlert #BTC100KTrumpEffect #CryptoReboundStrategy