With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
The crypto market's surge preceding US President Donald Trump's inauguration appears to have lost momentum. This is reflected by the drawdown recorded in total market capitalization over the past 24 hours.
The U.S. President Donald Trump's newly launched crypto, TRUMP, has showcased impeccable performance since its inception. The meme coin's price skyrocketed, allowing it to reach an all-time high of over $73.
TL;DR President Trump's inaugural speech avoided crypto topics, causing TRUMP and MELANIA tokens to crash. TRUMP token dropped 43%, while the MELANIA token plunged over 60% due to unmet crypto policy expectations. Experts warn of the risks of celebrity-driven tokens and emphasize the speculative nature of meme coins.
The meme coins tied to President Donald Trump (TRUMP) and Melania (MELANIA), which skyrocketed in popularity and nearly doubled in value within hours, are now in freefall. However, token prices have crashed by 60% in just one day, as traders react to Trump's omission of crypto from his much-anticipated inaugural speech.
Two crypto whales bought 307,400 TRUMP , investing $7.06M and $3.167M during a price dip.
Several altcoins are gaining attention today, driven by growing interest in political and celebrity-themed cryptocurrencies. Among the standout performers is TRUMP, Donald Trump's official coin, which skyrocketed to a $15 billion market cap within just 24 hours of its debut.
Last Friday, Donald Trump announced the launch of his new cryptocurrency, Official Trump (TRUMP 10.64%). The meme coin has gotten off to an explosive start.
With the broader crypto market seeing a surge in activity just hours before Donald Trump's inauguration, attention is shifting to key altcoins that could see significant movement in the coming days.
An indicator called the cumulative volume delta shows traders are either shorting perpetual futures or closing long positions.
Ever since Donald Trump was elected as the new president of the U.S., the crypto markets have turned extremely bullish. A couple of crypto-favourable moves raised optimism, which pushed the Bitcoin price beyond the $100K milestone.
Dogecoin is outperforming the market as Donald Trump leads the race to the White House. Moreover, the volume over Bitcoin surged above $81 billion, almost doubled compared to the previous day, resulting in a new ATH at $75,000.
The crypto market became more active on Election Day. Bitcoin (BTC) prices officially hit a new all-time high amid investor anticipation of Donald Trump becoming the new US president.
The decline in Harris-themed tokens was starkly contrarian to the rise in Trump-themed tokens.
The US elections are on the cards as the top ones, like Dogecoin & Shiba Inu, are gaining back the lost attention. While the entire market is consolidating on election eve, these memecoins have been performing well, with a notable rise in the social sentiments as well.
As the US Presidential elections draw closer, political meme-based altcoins are gaining traction. Increased uncertainty has pushed some tokens to appreciate significantly while others remain stable.
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Political-themed memecoins completely outpaced all other memecoin categories this year and Donald Trump has just dropped another NFT collection.
A recent disclosure of Donald Trump's financial interests shows he holds millions of dollars in cryptocurrency as well as receiving considerable income from NFT licensing fees.
TL;DR Donald Trump-linked memecoins have plummeted following his interview with Elon Musk and Kamala Harris's positive advance in the polls. The Kamala Harris-inspired memecoin, KAMA, has experienced a 16% increase over the past week.
The team behind one of the famous Donald themed tokens called MAGA revealed their faces during Bitcoin conference 2024 at Nashville. This is the first time some meme coin team has shown their faces to the world. Let's explore what this means for the MAGA token and for the investors.
MAGA is painting a classic bullish reversal pattern right ahead of Donald Trump's keynote at the upcoming Bitcoin 2024 conference in Nashville.
In recent months, the crypto market has assumed an aura of frustration – if not outright despair – for those investors seeking to take advantage of cryptocurrencies' tendency to rapidly multiply their value during bull cycles.
Polymarket said the UMA's 'No' answer to the market betting on if Barron was involved in the DJT token was 'wrong.'
After Bitcoin (BTC) plumbed its recent depths to $58,400 on Monday, a bounce on Tuesday has followed. With this bounce the memecoins have been let off the leash.
Trends set the performance of the altcoins, as they can raise or lower their performances. As of now, the crypto market is not in bullish behavior anymore as the fear and greed index has moved to 51, which is on the verge of turning bearish.
As the USA election campaigns heat up, the blend of politics and blockchain technology is opening up exciting investment opportunities, with investors seeking top PolitiFi tokens for high returns. Investors can benefit greatly from the volatility created by the emergence of these tokens, especially with 2024 being a Bitcoin halving year and the potential onset
Arkham, a cryptocurrency analytics platform, has put a bounty of 100,000 ARKM, valued at $150,000, for information leading to the reveal of the creator of DJT, a Solana token linked to the former President and current Republican presidential candidate Donald Trump.
Blockchain analytics firm Arkham Intelligence has announced a $150,000 bounty for anyone who can definitively identify the creator of the Solana-based token DJT.
It comes amid $1.7 million in Polymarket bets on whether Donald Trump or his family members are behind the DJT token.
The cryptocurrency world is abuzz with speculation about a new token named “Trump Coin,” launched on the Solana blockchain under the symbol “DJT.” Despite the hype, evidence suggests that the token is not officially linked to former President Donald Trump.
Industry experts are trying to figure out the origins of a Solana-based meme coin DJT and the moniker “Trump coin”. DJT is the stock symbol of Truth Social, Donald Trump's own social media platform.
With zero evidence of a Trump link, one Solana meme coin has more than doubled in price and seen $129 million in trades based on a rumor.
The former president's son Barron is spearheading the project, Pirate Wires reported on X, without naming its sources.
A Solana meme coin tied to Trump soared 80% after a Pirate Wires tweet, sparking debate over the authenticity of the claim. The post Trump Solana meme coin surges after suspected hack of Pirate Wires twitter appeared first on Crypto Briefing.
Former President Donald Trump emphasized that Bitcoin mining should be in the U.S., sending Trump-related Maga Memecoin (CRYPTO: TRUMP) higher in the process. What Happened: Pseudonymous trader Sistine Research, in multiple tweets, noted Trump's newfound support for Bitcoin and Bitcoin mining in the United States.
The TRUMP token, a meme coin inspired by former US president Donald Trump, surged on Wednesday morning as the crypto market looked to bounce following Tuesday's dump. MAGA (TRUMP), the largest Trump-related memecoin by market cap, rose from lows of $11.86 to trade above $13.30 (at the time of writing).
Brett (BRETT), a meme coin inspired by a character from the "Boy's Club" comic, has experienced a notable price surge of 449% within the past 30 days.
As the 2024 U.S. presidential election heats up, political finance tokens, or PolitiFi tokens, are gaining traction. These tokens are attracting investors due to their association with political figures and events.
Today, crypto.news examines the recent trends and forecasts for some of the most talked-about meme coins: DOGE, SHIB, PEPE and STRUMP (Super Trump).
With the market leaders displaying a weak price action for about a week, the crypto space has seemed to have entered a consolidated phase, suggesting a high possibility of a delay in the Altcoin season.
The Donald Trump-themed MAGA meme coin surged late Thursday after a short-lived crash prompted by his “hush money” trial verdict.
The memecoin niche has been pretty crazy over these last few months. With market capitalizations in the billions, memecoins continue to be one of the main front-running niches for the crypto sector.
Caitlyn Jenner's JENNER meme coin launches on Solana and Ethereum, with the latter token aimed at supporting Donald Trump's presidential campaign
The new Caitlyn Jenner token on Ethereum takes a fee to support Donald Trump's presidential ambitions—but the Solana coin has plummeted.
As of May 27, Former President Donald Trump's crypto portfolio has surpassed $10 million. Former U.S. President and Republican frontrunner Donald Trump's crypto investments have been paying off.