Plus: The FBI foils a crypto ransom plan
GM. This 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 probably not. He is in every single place.
🍍 Market taste at this time
The day each crypto bro circled in crimson is lastly right here: Donald Trump’s inauguration.
How’s the market reacting to date? Effectively, 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 doable rate of interest lower in March (making borrowing cheaper, which frequently encourages extra investing);
FOMO is at full velocity – Google searches for “How you can purchase crypto” broke a brand new file.
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 are not any “others” at this time – actually EVERYTHING is in regards to 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%
Information as of 08:30 AM EST.
Try these memecoins and many extra right here.
To all y’all who left your jobs and texted each group chat that you simply’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 at this time. Trump’s guarantees – like making a nationwide Bitcoin reserve and organising a crypto council – had ’em searching for 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 consider 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 business, 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 may’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 prompted TRUMP to crash – it dropped from $74 to $38 (… is that this the crypto model of “comfortable spouse, comfortable life?”)
As you may’ve guessed, this entire 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 data as they hit $27B.
Really, not solely data – it broke the goddamn blockchain itself. Solana bought so congested that almost all customers could not even commerce for a few hours.
And that is nonetheless not the top 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 trying an entire lot like a money seize, and folks weren’t thrilled. Some even known as it the largest mistake earlier than a Presidential inauguration.
However hey, we’re being constructive in 2025, proper?
Professional-crypto laws: if nothing else, Trump’s clearly embracing crypto, which may imply a friendlier regulatory surroundings;
Onboarding no-coiners: a president launching a memecoin? That is gotta carry some new faces into the business.
Wild instances. No thought what to anticipate later down the road, however I am certain it will be entertaining.
Liking the juice? 🍋 Don’t gatekeep this one – share the Day by day Squeeze and let your mates get a style of Web3 sweetness!
Truthful warning, tho’: you’ll have to hold the burden of turning into a hero.
🍋 Information drops
🛍 World Liberty Monetary, the Trump-linked DeFi platform, went on an Ethereum procuring 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 unhealthy sufficient, the group known as themselves “goons” 😐 … They should go to jail only for that identify.
📝 Wyoming dropped a invoice to create a Strategic Bitcoin Reserve. Yeah, the race to hodl BTC is known as a factor.
🪪 Crypto.com has develop into the primary main crypto firm to get an in-principle MiCA license. Full approval means they’re going to quickly be offering their providers throughout the EU below the brand new guidelines.
🤑 If BTC’s gonna really feel that Trump pump, you will want the suitable alternate. Don’t be concerned – we have got you coated with a information to the perfect ones.
🍌 Juicy memes
