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“Cryptocurrency enthusiasts are not happy about Donald and Melania Trump’s new “meme coins” — essentially, glorified trading cards. The digital tokens seem like a perfect vessel for anyone, including foreign governments, to funnel money to the Trump family. That’s one reason why some experts have said the ventures — launched within days of Trump’s inauguration — are ripe for blatant corruption.
And even some of Trump’s biggest fans are bemoaning the move. The Wall Street Journal published an article that quotes Trump-supporting crypto bros who are worried that this move will delegitimize the industry. On Monday, the Rev. Lorenzo Sewell, the pastor who gave the benediction at Trump’s swearing-in, announced that he also has launched a meme coin. Probably not helping with that whole legitimacy thing.”
#trump crypto memes#republican assholes#maga morons#traitor trump#crooked donald#bribery scam#corruption scam#blatant grifting#funnel for dark money#republican hypocrisy#traitor#resist#republican values#republican family values
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Donald Trump declared on the campaign trail that he’d be a “crypto president” during his second term. He said he’d make America “the crypto capital of the planet” and a “bitcoin superpower.” His sudden and wholehearted embrace of cryptocurrency thrilled the industry, but just days before taking office, Trump surprised his crypto supporters with a cash grab that’s shameless even by his standards.
Last Friday, Trump announced on his Truth Social platform that he’d launched his own “memecoin” bearing the name $TRUMP.
“My NEW Official Trump Meme is HERE!” he wrote. “It’s time to celebrate everything we stand for: WINNING! Join my very special Trump community. GET YOUR $TRUMP Now. Go to gettrumemes.com — Have Fun!”
It might’ve seemed like grandpa’s account had been hacked, but it’s actually yet another example of Trump’s ongoing long con on the American people. Since the election, he’s sold $199 Trump cologne and $100,000 Trump watches. Now, he’s hawking digital magic beans.
By Sunday morning, the $TRUMP coin had exploded in value. According to Axios’s Felix Salmon, the coin had made Trump $56.6 billionon paper, accounting for roughly 89 percent of his total net worth.
First Lady Melania Trump got in on the grift on Sunday with her own $MELANIA memecoin, which also generated billions of unearned dollars. Melania’s memecoin, however, did some damage to $TRUMP.
$MELANIA’s launch diverted attention and liquidity from Trump’s memecoin, which dropped from a $75 high on Sunday to $40 on Monday afternoon. But hey, that’s still a pretty good price for absolutely nothing.
The Trump family used the presidency to enrich themselves in egregiously corrupt ways the first time around, but the memecoin stunt suggests that owning a hotel by the White House and forcing the Secret Service to spend at Trump properties will soon seem quaint.
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Trump's crypto-ligarchy
It will blow up in his face — and possibly take the financial system with it
ROBERT REICH
JAN 27
Friends,
As of Friday, the Trumps’ cryptocurrency meme coins — the $TRUMP and $MELANIA cryptocurrency coins — had a combined market value of about $6 billion.
Days before taking the oath of office, Trump announced on his social media platform the creation of the $TRUMP coin, featuring Trump’s image from the July assassination attempt, and said: “Join the Trump Community. This is History in the Making!”
The $MELANIA coin soon followed.
Despite no details about the coin’s value, use, or risks, Trump supporters. gamblers, and those wishing to suck up to Trump bought it — sending the coin’s price into the stratosphere. On paper, the Trump family is now several billion dollars richer.
Trump once denounced crypto, but as the crypto industry poured tens of millions of dollars into 2024 campaigns, he changed his mind. Not only did he see the political power of the crypto industry; he saw an opportunity to make a pile of money.
He then promised to make the United States the “crypto capital of the planet.”
In September, the Trump family started World Liberty Financial, which they marketed as a platform to facilitate borrowing and lending in digital currencies. (Trump receives a cut of the sales of WLFI, the cryptocurrency associated with the platform.)
Now that he’s taken office, Trump plans to make billions off his presidency by implementing policies that favor crypto.
The truth about crypto
Cryptocurrencies serve no useful purpose other than the purchase of other crypto assets, money laundering, extortion and scams. As economist Paul Krugman has said, their market value rests on nothing but “technobabble and libertarian derp.”
They also use huge amounts of energy.
And if they infiltrate Wall Street, they could destabilize the entire financial system.
The crypto industry has a dubious reputation. Sam Bankman-Fried, founder of FTX, one of the world’s biggest crypto exchanges, was last year sentenced to 25 years in prison for fraud. Changpeng Zhao, founder of a rival exchange, has spent four months locked up for money-laundering.
But the richest people in America with huge power — the oligarchy, including Trump — support cryptocurrencies. Not only can they make a fortune, but crypto advances their longterm aim of shifting financial controls out of a democratically elected system of government and into their own hands.
Trump II and crypto
Now that he’s president, Trump is actively promoting crypto — reversing Biden’s attempts to prevent the crypto industry from infiltrating Wall Street.
Biden’s tight rules made it prohibitively expensive for banks to hold digital assets on behalf of clients, and stopped them from developing their own crypto products, such as stablecoins (tokens pegged to the dollar or other assets).
The Federal Deposit Insurance Corporation (FDIC), a watchdog, stopped dozens of such projects on the basis that it did not know how digital assets ought to be treated in regulatory filings.
With Trump, though, banks and the crypto industry are now pushing in the same direction, and face little resistance. New and enormously profitable forms of risk-taking are emerging — for a small group of people able to take such risks and able (like the Trump family) to profit of their own crypto products.
Trump is putting crypto-friendly people into place at key federal agencies, boosting its prospects. In December, he picked Washington lawyer Paul Atkins, a known crypto booster, to chair the Securities and Exchange Commission, America’s main financial regulator.
Last week, the Securities and Exchange Commission altered its guidance so that financial institutions no longer have to account, on their own balance-sheets, for crypto assets held on behalf of customers. The S,E.C. rolled back accounting guidance that had deterred banks from getting involved with crypto.
Trump has tapped the venture investor and digital currency enthusiast David Sacks to oversee administration policies on crypto (and artificial intelligence).
Then, this past Thursday, Trump issued an executive order committing the Trump administration to “protecting and promoting” the crypto industry:
“The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our nation’s international leadership. It is therefore the policy of my administration to support the responsible growth and use of digital assets.”
The order gives his administration authority to establish a national cryptocurrency stockpile — a stash of digital coins that the crypto industry has spent months lobbying the new administration for because it further legitimizes crypto and adds to the demand for it.
Trump’s order also prohibits the creation of a “central bank digital currency,” overseen by the government. And the order promises “fair and open access to banking services” for crypto (responding to complaints from crypto companies that banks have denied them accounts).
In effect, Trump is writing the rules for a business venture from which he and his family are personally profiting. It could earn them hundreds of billions of dollars.
If you’re outraged by this, fine. You’re probably outraged by a large number of things Trump has done since January 20.
The larger picture
The real significance of such blatant profiteering off the highest office in the land is what it reveals — not just about Trump but about the entire oligarchic enterprise he fronts for. It is likely to contribute to a vast wave of public alarm and disgust.
Just as Elon Musk is demonstrating how huge wealth can create enormous personal political power, Trump is demonstrating how enormous personal political power can create huge wealth.
Musk sank a quartet of a billion dollars into electing Trump, and was rewarded with a key spot as director of the so-called department of government efficiency, or DOGE (Dogecoin, itself a cypto token, has benefited from Musk’s vocal support) — creating vast conflicts of interest over crypto and Musk’s myriad businesses (X, SpaceX, and Tesla, which are regulated by federal agencies and also major government contractors).
This dynamic — great power creating huge wealth, and huge wealth creating great power — is central to the oligarchic takeover of America.And both are premised on the corruption of democracy.
Any wealthy person, corporation, or foreign leader wishing to curry favor with Trump now has a particularly easy means — just buy $TRUMP and $MELANIA cryptocurrency tokens.
The corruption will grow worse because neither Trump nor Musk has any sense of limits. Nor do any of the oligarchs surrounding them, such as David Sacks, who Trump picked to oversee his administration’s policies on crypto and artificial intelligence.
Like Musk, Sachs serves as a "special government employee,” which does not require Senate confirmation or full financial disclosure, and allows Sacks to maintain his business interests while influencing policy. Expect more conflicts of interest.
As crypto and banking begin to merge, bank deposits will become more vulnerable to movements in the crypto market, and banks more vulnerable to runs. That’s what happened at Silvergate and Signature, two crypto-focused banks which collapsed in 2023. Both were broken by a tumble in cryptocurrency prices that began in late 2021 and then reverberations from FTX’s collapse.
The biggest beneficiaries of all this are the highest rollers — the oligarchs who have been pushing crypto for years. And now Trump is in on it and stands to personally gain billions, as will those seeking to curry his favor by buying his coin.
The endgame
The American public doesn’t abide flagrant self-dealing. We don’t want public officials personally profiting by decisions that are supposed to be made in the public’s interest.
You may be thinking: “But Trump has been profiteering for years off his presidency, as have members of his family. And they’ve gotten away with it.”
True, but what’s happening now is much bigger and far more visible. It involves an entire industry (crypto), and conspicuous members of the American oligarchy who are investing in it, including the President and officials around him.
And it’s inherently risky. For oligarchs, the rise of digital finance provides large moneymaking opportunities. But for the rest of us, it increases the risk of another financial crisis.
Unbound greed combined with unconstrained power is an explosive combination. When the blowup comes, it will take Trump, Musk, and the oligarchy with it.
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00:00Open/ Coincidence of the week: Nearly two-thirds of Trump's first executive orders resemble policies outlined in Project 2025
02:45'The Day It Snows On Christmas' by Allen Toussaint
06:10News of AI: AI isn't very good at history
14:36Thoughts on the inauguration of Donald Trump, the Felodent
15:56News of the Godly: St. John's archdiocese appeals ruling on insurance coverage; Pope Francis dissolves Peru Catholic group
22:10Allen Media replaces local TV meteorologists with The Weather Channel weathercasters in Atlanta
25:12'Fire And Rain' by James Taylor
29:33Rupert calls Trump
32:58News of Inspectors General: Trump fires the inspectors general from more than a dozen federal agencies
34:37Smart World: Retailers use consumer behavior to custom-tailor prices
38:00News of Crypto Winter: Trump and Melania release memecoins; Phemex exchange hacked; Trump's inauguration pastor launches memecoin that crashes 93%; Students for Trump co-founder Ryan Fournier denies scamming followers after TikTok meme coin crash
43:15The Apologies of the Week: Rupert Murdoch's UK tabloids, P&O Cruises Australia, Country singer Bailey Zimmerman
49:43News of the Atom: Indigenous group says they'll stop nuclear waste shipments unless a new deal is made; Radioactive waste threat at smoldering Missouri landfill
55:39'St. Louis Blues (Live on Later with Jools Holland)' by Herbie Hancock, Jools Holland & Moses Boyd
56:57More Apologies of the Week: Elon Musk
57:35Close
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🔥 $TRUMP Coin: Meme, Movement, or Market Shaker? 🪙 The crypto world just got a plot twist worthy of a blockbuster! $TRUMP, Donald Trump’s "official meme coin," is making waves after a jaw-dropping launch. In just 48 hours, it soared from $6.24 to $75.35, hitting a $14B market cap. But is it just hype, or a new era for meme coins? 👀 💥 What Makes $TRUMP Stand Out? 🚀 Built on Solana for lightning-fast transactions 🔗 Tokenomics: 200M tokens circulating, scaling to 1B in 3 years 💰 $18B trading volume in a single day 📈 Now listed on Robinhood—mainstream adoption is here More than just a coin, $TRUMP combines politics, culture, and branding like never before. Backed by Trump’s influence and marketing genius, it’s tapping into the power of symbolism and sentiment. ��️ Not without drama... When Melania launched $MELANIA, it caused a 40% dip in $TRUMP’s price. But in true Trump style, the coin rebounded, stabilizing at $53. 💡 A Glimpse Into the Future: With rumors of a crypto advisory council and policy moves to position the US as a global crypto hub, this might just be the beginning of $TRUMP’s impact. ⚠️ To Invest or Not to Invest? Meme coins are high-risk, high-reward. While $TRUMP has delivered massive returns, its value is driven by sentiment, not utility. The question is: do you believe in the movement? $TRUMP isn’t just a coin—it’s a cultural phenomenon rewriting the rules of the game. 🎯 Are you watching history being made or just another crypto bubble? 💬 Your move! Bullish or bearish?
www.cifdaq.com
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Trump Promotes Meme Coin as Crypto Agenda Gains Momentum
Source: washingtonpost.com
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Trump’s Cryptocurrency Launch and Market Reaction
President-elect Donald Trump has introduced a new cryptocurrency token, Trump meme coin, that has surged in value just before his inauguration. This unexpected move is in line with Trump’s history of unconventional promotions, which have included products like branded bibles and diamond-encrusted watches. The new token, marketed as a celebration of Trump’s values and victories, features an image of Trump with the words “FIGHT FIGHT FIGHT,” a nod to his resilience following an attempted assassination at a political rally in July.
Trump announced the token on social media, encouraging his supporters to “Have Fun!” The official website emphasizes that the tokens are symbolic of support rather than investment opportunities. Despite this, the token’s value skyrocketed from an initial $10 to nearly $70 before dipping again when Trump and his wife, Melania, introduced a separate meme coin dedicated to her, which traded for around $5.
Meme coins, known for their volatility and often launched as jokes, can experience significant price surges if they gain popularity. Dogecoin, a well-known meme coin, has similarly risen in value despite its whimsical origins. However, the Trump meme coin’s rapid rise and fall highlights the speculative nature of such investments.
Support and Criticism from the Crypto Community
The release of the Trump meme coin has garnered mixed reactions. Some crypto enthusiasts view it as a positive sign of Trump’s commitment to fostering a crypto-friendly environment, especially after feeling targeted by the previous administration. Trump has pledged to introduce favorable regulations for the crypto industry and has appointed pro-crypto figures to key positions in his government.
On the other hand, critics are concerned about the potential implications of the meme coin. They warn that it could provide a conduit for special interests and foreign entities to gain influence over the president. Anthony Scaramucci, former White House communications director, voiced concerns on social media, suggesting that the coin allows anyone to deposit money into Trump’s “bank account” with ease.
The token’s sale is managed by CIC Digital, an affiliate of the Trump Organization, which plans to issue a total of 1 billion coins over the next three years. The Trump Organization and another company collectively own 80% of the coins and will benefit from trading revenues. This setup has raised eyebrows, given the potential conflicts of interest it poses for a sitting president.
Trump’s Continued Foray into Digital Assets
This isn’t Trump’s first venture into the digital asset space. Last year, he and his family launched a cryptocurrency trading initiative and explored the world of non-fungible tokens (NFTs). Trump reported significant earnings from a series of digital trading cards depicting him in various heroic personas, from an astronaut to a cowboy.
Additionally, Trump’s social media platform, Truth Social, reflects his unconventional approach to business. Despite financial challenges, the platform boasts a valuation exceeding $8 billion, buoyed by the support of Trump’s loyal followers.
As Trump prepares to take office, his involvement in the crypto industry with Trump meme coin underscores his departure from traditional political norms and raises questions about the interplay between personal business interests and public office.
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By Eric Lipton and David Yaffe-Bellany
The Trump family’s new crypto token surged in just two days to become one of the most valuable forms of digital currency in the world, creating the potential for a multibillion-dollar payout to the family but also generating a storm of questions about the conflicts of interest the new venture creates.
President-elect Donald J. Trump announced the launch of the new token, $Trump, on Friday night as hundreds gathered for a crypto-inspired inauguration ball not far from the White House.
The venture won praise by some as a sign of how digital currencies are now going mainstream in the United States.
But economists and even some longtime crypto investors said the new digital coin, known as a memecoin, might also emerge as a landmark moment in the speculative history of crypto trading and the potential dangers it poses to the financial system. Memecoins are a type of cryptocurrency tied to an online joke or a celebrity mascot.
“If people want to gamble, I don’t really care,” said Lee Reiners, a former Federal Reserve economist who is now a lecturer for a center studying global economic markets at Duke University. “What I care about is when this crypto bubble bursts — and it will burst — it will end up impacting people across the economy even if they don’t have direct investment in crypto. And this new coin is making it worse.”
Eric Trump, one of Mr. Trump’s sons, who helped launch the token, declined to comment on Sunday.
At least on paper, the Trump tokens in the market as of Sunday late afternoon had a total trading value of nearly $13 billion, and a total of $29 billion worth of trades had taken place in just two days. That calculation is based on the nearly $64 value of each of the 200 million tokens issued, according to CoinGecko, an industry data tracker.
This suggests, as of Sunday, that Mr. Trump’s coin was the 19th most valuable form of cryptocurrency in the world, the CoinGecko tally indicated.
The Trump affiliates appear to control another 800 million tokensthat, at least hypothetically, could be worth as much as $51 billion — a total that would make Mr. Trump one of the richest people in the world.
Before the coin started trading, Forbes had listed Mr. Trump’s net worth as $6.7 billion, most of that coming from Trump Media and Technology Group, another speculative venture the Trump family helped start, which runs the money-losing social media platform Truth Social.
The Trump family late on Sunday moved to add a second new crypto token, this one called $Melania, with Mr. Trump and Melania, his wife, both promoting it on Truth Social, just as Mr. Trump was about to start a rally in Washington celebrating his inauguration.
“The official Melania Meme is live!” the social media posting said.
That move then coincided with a dive in the value of Mr. Trump’s own token, dropping to as low as $41, before starting to rise again, as doubts appeared to emerge over just how valuable these new tokens would actually be. Mr. Trump did not appear to be deterred.
“Bitcoin has shattered one record after another,” Mr. Trump said at his rally, referring to another form of cryptocurrency. He added during his remarks that “these are all investments that are only being made because we won the election.”
But Mr. Trump’s newfound crypto wealth would likely vaporize if he moved to sell his trove of coins. New cryptocurrencies often shoot up in price, making traders billionaires on paper, only to collapse when the coins’ holders start selling.
That is especially true of memecoins, which are prone to rapid swings in price as their internet popularity fluctuates. Prices can also vary across platforms, making it difficult to pin down a coin’s actual value. In 2021, one of the first memecoins, a dog-based digital currency called Dogecoin, minted millionaires overnight, only to lose much of its value just as quickly.
The launch of the Trump memecoin caught many of the industry’s power brokers off guard.
When the president-elect announced the coin on Friday night, hundreds of the most influential executives in the industry were drinking cocktails and singing along to Snoop Dogg at an inauguration party in Washington dubbed the Crypto Ball. (One executive who attended the ball said he was “annoyed” that trading in the coin had begun while the industry’s leaders “weren’t paying attention,” making it difficult for them to profit.)
Nonetheless, some traders have already cashed in.
Within a minute of the coin’s launch, a crypto trader had accumulated a $1 million position, according to an analysis of public transaction data by the crypto data firm Bubblemaps, which posted its findings on social media.
The coin’s price surged, and the trader’s account soon sold off holdings worth $20 million. The analysis prompted speculation on social media about whether an insider with advance knowledge of the coin’s launch had been able to make quick profits. (Bubblemaps did not immediately respond to a request for comment.)
Conor Grogan, a director at Coinbase, one of the largest trading platforms in the United States, estimated in a social media post that as of Saturday, the Trump team had made $58 million in fees from all of the $Trump sales — even without selling its own reserve of tokens to the open marketplace.
It also appears that the Trump team may be transferring some of its tokens onto an overseas trading platform called Bybit, which is not allowed to execute trades in the United States, Mr. Grogan noted. Bybit has recently been the focus of enforcement actions by international cryptocurrency regulators.
The Trump coin’s launch immediately created new opportunities for executives, crypto traders and even major companies to curry favor with the Trump administration.
Anyone can spin up a memecoin for a few dollars, and the vast majority of the tokens are not available to buy and sell on mainstream digital currency marketplaces, which often focus on larger, more established coins. But within hours of Mr. Trump’s announcement, the crypto exchange Kraken began offering the new coin, and Coinbase, the largest exchange in the United States, said it would also list it.
Coinbase and Kraken are fighting lawsuits filed by the Securities and Exchange Commission, which conducted a wide-ranging crackdown on crypto firms during the Biden administration. The companies are among a large group of crypto firms that stand to benefit from the more relaxed approach to tech regulation that Mr. Trump promised on the campaign trail.
A onetime crypto skeptic, Mr. Trump embraced the digital currency industry last year, giving a speech at a major industry conference in which he promised to turn the United States into the “crypto capital of the planet.”
After winning the election, Mr. Trump made a series of moves that appear poised to benefit the crypto industry. He chose someone to lead the S.E.C. who has a track record of working closely with crypto companies, and tapped the venture capitalist David Sacks, a digital currency enthusiast, to oversee crypto and artificial intelligence policy for his administration.
At the Crypto Ball, Mr. Sacks announced from the stage that “the reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun,” according to a video posted on social media by Eric Trump.
The president-elect’s family was personally invested in the crypto market even before the memecoin launched. In September, he and his sons helped start a crypto business, World Liberty Financial, that also has a digital coin associated with it, WLFI.
World Liberty is not directly owned by the Trumps. But Mr. Trump is a promoter of the venture, and he receives a cut of the profits from token sales.
For the most part, the crypto industry has responded enthusiastically to Mr. Trump’s crypto ventures. But someexecutives expressed concern this weekend that the memecoin launch would end up hurting amateur traders.
A popular crypto podcaster called it a “gratuitous cash grab” that would be “bad for humanity.” Erik Voorhees, a prominent Bitcoin investor, wrote on social media that the memecoin was “stupid and embarrassing.”
Still the Trump family’s embrace of cryptocurrencies shows no sign of slowing down.
“It’s time to celebrate everything we stand for: WINNING!” Mr. Trump wrote on Friday as he announced the birth of the new crypto token. “Join my very special Trump Community. GET YOUR $TRUMP NOW.”
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The Rise of Trump’s $TRUMP Coin and Why You Should Join the Conversation
I’ve been captivated by the rise of Trump’s $TRUMP coin. This digital asset, launched on the Solana blockchain, skyrocketed to a market cap of over $10 billion within days. Its rapid ascent, along with Melania Trump’s $MELANIA coin, has sparked discussions across the trading community about the growing influence of meme coins and the opportunities they present.
In our trading community, these trends are not just news — we dissect them, learn from them, and use them to build better strategies. Here’s why you should join us.
Understanding the $TRUMP Coin
The surge of $TRUMP from under $10 to a peak of $74.59 highlights the power of branding, sentiment, and speculation in the crypto market. With a 24-hour trading volume reaching $40 billion, it’s clear this coin has captured the market’s imagination.
However, $TRUMP’s meteoric rise comes with a dose of skepticism. Legal and ethical concerns linger, and volatility is the name of the game. But for traders like me, these swings are where the opportunities lie — and that’s exactly what we dive into in our community discussions.
Lessons from the $TRUMP Phenomenon
Here are the key takeaways I’ve applied to my trading strategies:
Volatility Equals Opportunity Coins like $TRUMP thrive on sentiment, creating rapid price movements. With the right strategies, such as scalping or swing trading, these fluctuations can become highly profitable.
Technical Analysis is Key $TRUMP has shown strong support between $60 and $62 — a critical zone for traders. By leveraging advanced charting tools and community insights, we pinpoint entry and exit points that make the difference between gains and losses.
Sentiment Drives Markets The hype surrounding Trump’s pro-crypto stance underscores how sentiment can move markets. In our community, we analyze these drivers to understand broader market trends, applying insights not just to crypto but also to forex and other trading arenas.
Looking Ahead
The rise of $TRUMP is more than a crypto story — it’s a sign of the times. As meme coins and sentiment-driven assets take center stage, there’s no better time to be part of a trading community that empowers you to navigate these trends confidently.
Whether you’re intrigued by the $TRUMP phenomenon, looking to explore forex opportunities, or simply want to sharpen your skills, I invite you to join us. Together, we analyze the markets, share strategies, and turn insights into action.
Trading isn’t just about profits — it’s about understanding the stories that shape the markets and using them to your advantage. The $TRUMP coin is one of many narratives that offer opportunities for those ready to seize them.
The rise of Trump’s $TRUMP coin underscores the importance of understanding sentiment-driven markets. For traders on ORION Wealth Academy, this is an opportunity to apply your skills, seize opportunities, and navigate the dynamic world of trading with confidence.
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Donald Trump’s coin soars hits $10 billion market value on his first day in office
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Donald Trump’s new meme coin, $TRUMP, slumped by 47% after Melania Trump matched his stride and launched her own token. Since then, $TRUMP has doubled in price, now costing $52. However, it’s still 30% lower than its ATH achieved one day post-launch – before his wife’s crypto venture. The Melania Trump coin, $MELANIA, is available for a fraction of the price, at $8.4. Trump-run coins are attracting investor interest from all corners. They’re even casting light on lower-cap coins (like $WEPE and $SOLX), which are poised to spike 100x because of offering more optimal risk/reward ratios. 1. $TRUMP – Crypto Celebrating Trump’s Presidential Victory $TRUMP is piquing significant investor interest because it was created by the self-acclaimed crypto president, Donald Trump. According to Trump himself, the Solana-based coin was launched to celebrate ‘WINNING’ the US presidential election. Partly owing to this, it jumped over 1,000% two days after going live. With Trump resuming the US presidency today, crypto investors foresee more favorable US crypto regulations in the pipeline. And it’s no wonder why. Elon Musk, a close political ally of Trump, just retweeted an anti-regulation speech by Ronald Reagan (the 40th US president), essentially confirming the Republican presidency will de-regulate all it can. pic.twitter.com/H1ChWWQx0r — Elon Musk (@elonmusk) January 19, 2025 Trump’s new US Securities and Exchange Commission (SEC) leadership change further supports the likelihood of a more crypto-friendly America. They’re reportedly weighing freezing current enforcement actions, which have been problematic to the crypto exchanges Ripple and Coinbase. Beyond having his own meme coin, Trump has his own DeFi platform (which acquired 14,403 $ETH worth $48M earlier today). Further highlighting his dedication to the Web3 industry is that over 90% of his net worth is held in cryptocurrency. So, when considering all the chit-chatter about Trump’s crypto stance, $TRUMP is certainly worth eyeing – especially since it already has a $10B+ market cap. 2. $MELANIA – Melania Trump Coin Capitalizes on Husband’s Crypto Success The Melania Trump coin, $MELANIA, is another market sensation owing to its US presidential ties. In just hours of launching, the Solana coin flipped $TRUMP, but volatility soon occurred, and $TRUMP took back the reins. $TRUMP’s value is likely higher because of its direct attributes with the President. However, $MELANIA is still proving fruitful in the crypto realm, snagging a $1.84B market cap since launching yesterday. Contributing to its rise is Trump’s $MELANIA advocacy. Acting as a supportive husband, he helped boost the coin’s demand by retweeting his wife’s meme coin announcement. 3. $WEPE – Share Crypto Tactics to Win Token Rewards Wall Street Pepe ($WEPE)‘s high-profit potential is shown by its already raising $53M, despite 1 $WEPE only costing $0.0003665. The frog meme coin’s distinct utility draws investors’ attention. In a nutshell, it brings a strong investor community together by offering them exclusive crypto insights that prevent crypto whales from manipulating the market. The Pepe-inspired crypto project sets aside 15% of its total token supply to reward token holders who share their most successful crypto trading tactics. Making the project even more attractive is that extra $WEPE can be accumulated through staking, with 12% of the total token supply being put away for such rewards. 4. $SOLX – A Speedier, More Scalable Solana Solaxy ($SOLX) is the first-ever Solana Layer 2 solution, designed to advance the speed, scalability, and durability of the third-largest blockchain with a $6.28B TVL. Solana is already much faster than Ethereum and Polygon, having achieved 1,504 transactions per second (tps) (compared to the former’s 22.8 and 190 tps). However, it’s no stranger to network congestion and failed transactions during peak times. Also, Sui is catching up in terms of speed, processing 120K tps. Solaxy helps Solana remain competitive by addressing its issues, like failed transactions and network congestion. Joining the network is straightforward. You can buy $SOLX on presale for just $0.001606 by connecting your crypto wallet to the widget and buying as many tokens as you desire. You can then stake your tokens to win more $SOLX with a hefty 305% APY. Also, 30% of $SOLX’s total token supply is allocated to development, further pointing at prosperous times for the crypto project. 5. $MIND – AI Agent With Unmatched Trading Insights MIND of Pepe ($MIND) is being brought to attention because it’s the backbone of a novel AI agent that taps into crypto X (Twitter) for unmatched trading insights. It analyzes crypto traders, projects, and trends on its social media channel to inform its token holders about hot trading opportunities. With an impressive 781% staking APY, holders can earn significant amounts of passive income by staking their tokens. An impressive 15% of the total token supply goes to rewarding holders, enhancing the platform’s appeal and incentivizing user engagement. In addition, it earmarks 20% of the total 22,000,022,220 presale supply to marketing initiatives, which should help boost the coin’s price to greater heights. For now, $MIND costs just $0.0031635. Its price will go up in less than two days, making now a prime time to buy. Trump Family Spurs Bullish Sentiment Trump’s steadfast commitment to the crypto space presents an opportune time not just for his and his wife’s crypto projects but also others — especially low-cap altcoins. Coins like $WEPE and $SOLX stand out for having distinct use cases and robust community support. As the crypto landscape becomes increasingly bullish, their growth potential could reach 100x. However, this isn’t investment advice. Always do your research, gear up for price swings, and never invest more than you’d be sad to part with.
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As President Donald Trump was sworn into office as the 47th President of the United States on Monday, grifters and opportunists were already seeking to cash in on the new Trump era—including the president himself.
Just days before he took office, Trump launched a memecoin called $TRUMP to “celebrate our win and have fun," warning that it was “not intended to be … an investment opportunity.” Trump announced the launch on X and Truth Social, with many wondering if the president’s accounts had been hacked.
However, within hours, thousands had invested in the cryptocurrency. The sale was so successful that, at billions of dollars, it accounted for almost 90 percent of Trump’s overall wealth. However, like a lot of memecoins, the $TRUMP coin’s price fluctuated wildly and dipped significantly on Sunday, with the price drop continuing into Monday.
At the time he was sworn in as president on Monday, the $TRUMP memecoin was worth just shy of $50 billion, with Trump retaining 80 percent of the coins. The coin, which is built on the Solana blockchain, allows anyone anywhere in the world to funnel money directly to the US president.
First Lady Melania Trump also launched her own memecoin on Sunday, and while it hasn’t reached the level of Trump’s memecoin, the $MELANIA coin was worth almost $8 billion on Monday.
The president and first lady were far from the only ones seeking to cash in on the buzz around Trump’s second term, and the inauguration weekend in particular. Since his first term in office, Trump has been a magnet for all types of grifts and cash grabs, many of them endorsed by the president himself, and including everything from guitars and shoes to trading cards and coins.
Religion has also been on the table. Lee Greenwood, a country singer, said on Sunday that Trump could use a special edition of the “God Bless The USA” bible for his swearing in—the same bible the singer has been selling with Trump since last March.
The “Inauguration Day Edition Bible” has been on sale on Greenwood’s own website—alongside hot pink and camo versions of the bible—for $70 for the last week, but as Trump took office on Monday, the bible appeared to have already sold out.
A raft of other commemorative items are on sale, ranging from dozens of “Inauguration Day” t-shirts and hats being sold on platforms like Amazon and Etsy to a special “Inauguration Edition” roast from Victory Coffee. A Texas-based jeweller is even offering to gift the president an 8-carat diamond in the shape of his head in what appears to be a marketing bid.
And because Trump’s inauguration was moved indoors due to severe cold weather, tens of thousands of people who had been sent tickets to attend the event were unable to use them. People have attempted to cash in on those tickets, with dozens of listings on eBay offering the unused tickets for up to $200 each. The tickets were distributed free by members of the House of Representatives and feature a hologram and the signature of the representative whose office issued them. Many of the listings have already been sold, with some sellers offering multiple tickets.
A specific website offering commemorative inaugural tickets was also set up, with some tickets offered for as much as $900. It is unclear who is behind the page, but the site is ranked as the second result on a Google search for "commemorative inauguration tickets.”
Grifting and cash grabs in Trumpworld are nothing new. Ever since Trump came to office in 2016, he and his sycophantic supporters have embraced a wide variety of schemes. With Trump support, many figures have made entire careers grifting on topics like stolen elections or COVID denialism.
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Official MELANIA (MELANIA) Price Prediction 2025-2029: Will MELANIA Hit $35 Soon?
The Official MELANIA (MELANIA) token has become a rising star in the cryptocurrency world, driven by its symbolic ties to the Trump family and growing popularity as a meme coin. Currently trading at $5.61, MELANIA boasts a market cap of $1.07 billion and has already gained substantial traction with a 24-hour trading volume of $6.24 billion. With a total supply of 1 billion tokens and a…
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Donald Trump meme coin price crashes after wife Melania also launches token
Melania Trump, the wife of Donald Trump, who will take office as US president on Monday, announced on social network X the launch of her cryptocurrency.
The wife of the president-elect wrote:
The Official Melania meme is live! You can buy $MELANIA now. https://melaniameme. com FUAfBo2jgks6gksB4Z4LfZkqSZgzNucisEHqnNebaRxM1P.
Earlier, Trump announced the launch of his own cryptocurrency, “memecoin” OFFICIAL TRUMP. According to crypto exchanges, in less than a day after the launch, Trump’s cryptocurrency quadrupled in value, and the total trading volume exceeded $10 billion. At the same time, Trump introduced this new digital currency as a “meme coin.” The latter is a cryptocurrency designed to capitalise on public enthusiasm around an online personality, movement or viral phenomenon.
“Meme coin” has no economic or transactional utility and is often considered a purely speculative asset, the media outlet wrote. Melania’s currency traded at $6.3 per unit in the first hour after the launch. At the same time, the memecoin launched by Trump lost in price almost 50% after the publication of the news about his wife’s cryptocurrency.
Earlier, Eric Trump, the son of US President-elect Donald Trump, announced that his father intends to turn the US into a world leader in the field of cryptocurrencies. The victory of Donald Trump in the US elections caused a significant increase in the bitcoin rate, which reached at that time a record of 81 thousand dollars.
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#world news#news#world politics#usa#usa politics#usa news#donald trump#donald trump news#trump#trump coin#trump meme coin#meme coin#melania trump#melania coin#crypto news#crypto#cryptocurrency#crypto currency
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Melania Trump launches cryptocurrency ahead of Donald Trump's inauguration | masr356.com
Melania Meme price on ape.pro website is displayed on a mobile phone with official melaniameme.com website in the background for illustration photo. Beata Zawrzel | Nurphoto | Getty Images Incoming first lady Melania Trump launched her own meme coin ahead of her husband’s inauguration as the 47th president of the United States on Monday. In a Sunday evening post on the X social media platform,…
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