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XRP to $4 next? SBF’s parents seek Trump pardon, and more: Hodler’s Digest, Jan. 26 – Feb. 1

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An analyst sees XRP climbing to $4 by February’s end, the parents of former FTX CEO Sam “SBF” Bankman-Fried are reportedly exploring the possibility of a Trump pardon, and other news.

Elon Musk’s dad plans $200M raise with ‘Musk It’ memecoin

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Elon Musk’s father may be the next influential figure to raise funds through a memecoin amid growing interest in celebrity-backed meme tokens.

Retail investor interest returned to memecoins after President Donald Trump launched the Official Trump memecoin on Jan. 18 and the Official Melania Meme token on Jan. 19 on the Solana network

Joining the ranks, Elon Musk’s father, Errol Musk, is reportedly looking to launch his own memecoin token project called Musk It.

Musk’s father hopes to raise as much as $200 million from the memecoin project, which he plans to use to support a for-profit think tank called the Musk Institute, he told Fortune.