Market Update

It’s ‘Just Getting Started’ – Trump and Crypto Execs Add Plans for a Massive White House

01/20 Updated below. This post was originally published on January 19

Crypto markets have been rocked by the ‘official’ launch of the Donald Trump Memecoin this weekend –With traders preparing for more chaos this coming week.

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The price of the “official” Trump Memecoin has soared since its launch on Friday evening, breaking into the top 20 Crypto companies by market cap and hitting $14 billion.

now, The leaks also reveal that Trump is preparing for a wave of executive orders focused on encryptionTrump’s wife Melania launched a rival cryptocurrency – bringing Trump’s cryptocurrency retaliation.

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“Official Melania Live Meme”, the first lady featured in the United States to publish to x, along with a link to a website that sells cryptocurrency. “You can buy $Melania now.”

The price of the Melania coin soared as traders rushed to buy it, pushing it above $5 and giving it fully diluted market caps of more than $5 billion.

Like Trump’s coin, Melania’s Memecoin — a type of cryptocurrency similar to Bitcoin that derives value from the level of community interest and engagement — was launched on the Solana Blockchain.

01/20 Update: The crypto market is now getting more crypto bombs with the inauguration of Donald Trump in Washington, DC.

“Wait until you see what they do tomorrow,” Trump’s son Eric to publish To X on Sunday, plus separate mail Here’s what Donald Trump shared: “We’re just getting started!”

Following the launch of Trump’s Memecoin project, the launch of World Liberty Financial, a decentralized finance (Defi) project backed by Trump and his family last year, saw a surge in governance token sales.

“I truly believe World Liberty Financial will revolutionize Defi/CEFI [centralized finance] The future of finance,” Eric Trump added.

Meanwhile, Trump’s Memecoin price was boosted by trading on the Robinhood app announcing that he would list the cryptocurrency on its platform.

Adding to Sky’s already high expectations for Bitcoin and Crypto on Monday, Michael Saylor, CEO of MicroStrategy, who has turned the blockbuster software company into a Bitcoin buying vehicle since 2020, to publish“Things will be different tomorrow.”

Post Saylor expects Trump to announce a US Bitcoin Protectorate, an idea Trump first floated during a Bitcoin conference last year during which he promised to create a national stockpile of Bitcoin modeled after the country’s gold and oil reserves.

“This is beyond crazy,” the analysts wrote in a message to Kobeci to publish To

“Crypto seems to have become a family business” to publish.

Following the launch of Melania Coin, Trump’s Memecoin crashed by about 40%, diving as traders rushed to buy the new coin, according to on-chain material. Data.

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Early buyers of Trump Coin have seen a double-digit percentage increase since Friday evening with some traders losing out because they believe Trump’s social media channels have been hacked.

The Trump Family Blitz comes after David Sachs, who was dubbed Crypto and his artificial intelligence Czar by Trump, announced a new era of Crypto innovation.

“The reign of terror against cryptography is over, and America’s innovation for cryptography is just beginning.” He saidSpeaking Friday at an event called the Crypto Ball, which aims to drive support for Trump among the crypto community and demonstrate his value to the incoming administration.

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