With Bitcoin bleeding value due to a streak of not-so-good political issues, including the recent US tariff threats, AVAX price has also dipped in value. However, the Avalanche price decline has been marginal, since the token has lost only 1% of its total value.
The Solana-based meme coin OFFICIAL TRUMP (TRUMP) is extending its recovery after bouncing from recent lows for the second day.
TRUMP price continues to struggle, dropping more than 4% in the last 24 hours as it trades near historical lows. The bearish momentum has persisted for over a week, causing TRUMP to lose its position as the third-largest meme coin to PEPE, with a market cap now sitting at just over $3 billion.
Late January and early February 2025 provided ample – if ephemeral – opportunities for swift meme coin traders to make a massive profit with either high-profile or accidentally prominent cryptocurrencies.
SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency's jurisdiction as investors lose $2 billion from the token's decline.
Many altcoins are struggling as the fear and greed index remains in the fear zone and the closely watched altcoin season index stays on the sidelines. Most cryptos are down by over 50% from their highest levels this year, making them bargains compared to where they were a few weeks or months ago.
The TRUMP cryptocurrency has plummeted to new lows, erasing most of its value within a month. This drawdown is the result of the ongoing tariff wars waged by the US President.
The cryptocurrency market has resumed its downtrend today, with the market cap losing $125 billion over the last 24 hours.
A cryptocurrency trader who had amassed over $11 million in profits with TRUMP memecoin has given it all back, accumulating more than $21 million in losses amid the tariffs crash.
The crypto market remains under pressure, with Bitcoin (BTC) now trading below the $100,000 mark and Ethereum (ETH) slipping under $3,000.
The President of the United States, Donald Trump, continues to expand his footprint in the crypto space by integrating his official memecoin, $TRUMP, into the sale of merchandise. Holders of $TRUMP can now purchase items such as sneakers, watches, and perfumes using this token.
Since Bitcoin reached the $100,000 mark, the general public's interest in cryptocurrencies has increased even more. This was big news for the crypto community and reconfirmed once again that Bitcoin always increases in value in the long term. Altcoins also recorded growth, with many of them emerging as newcomers to the market.
The 24-hour liquidation heatmap also showed that there was a strong likelihood that TRUMP would gravitate toward $30.7.
After remaining in a downtrend for the past eight days, TRUMP may have bottomed at $25, according to analysts.
The market capitalization of Donald Trump's meme coin, Official Trump (TRUMP), briefly exceeded $14.5 billion; however, it did not have a noticeable impact on the overall cryptocurrency market.
The cryptocurrency market is experiencing a downtrend today, affecting many altcoins. The global cryptocurrency market cap today is $3.37 trillion, down 6% in the past 24 hours.
TRUMP's rapid rise and fall highlights memecoin volatility. Are investors ready to dive back in, or is the risk too steep?
What do a U.S. President, meme tokens, and cryptocurrency exchanges have in common? Together, they are driving the conversation around mainstream crypto adoption.
The cryptocurrency market has been no stranger to volatility, but VeThor (VTHO) has taken this to a new level following its listing on Upbit, South Korea's largest crypto exchange by trading volume. After a period of relative stability near the $0.
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.
VTHO price has skyrocketed 300% after Binance announced its support for VeThor Token. Simultaneously, the token's trading volume also surged by an astonishing 86,000%, reaching $3 billion.
VeThor token is witnessing a surge of over 80,300% after the token was listed on South Korea's largest crypto exchange by trading volume, Upbit. On Jan.
The Official Trump meme coin has bounced back strongly after forming a bottom at $32 with the TRUMP price up 20% at press time moving past $41. This surge comes amid developments of fresh TRUMP ETF filings with the US SEC on Tuesday.
VeThor (VTHO) has shot up a monumental 108% in the past 24 hours, bringing out a God candle on the daily chart with a peak of $0.01071.
The listing of VeThor Token (VTHO) on Upbit fueled a dramatic 230% price increase and a 5000% surge in trading volume.
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.
VET and VTHO registered massive price hikes in the recent past, but their fates may be different.
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.
Coinbase, one of the leading cryptocurrency exchanges, has announced a new listing as part of its ongoing expansion efforts. This latest addition comes on the heels of a series of listings aimed at broadening Coinbase's offerings and enhancing its appeal to a wider range of investors.
Coinbase cryptocurrency exchange platform has expanded its offerings for New York-based customers by adding five new digital assets to the list of available cryptocurrencies. This expansion enables New Yorkers to access and trade NEAR, AERO, VET, VTHO, and PYUSD (ERC-20) on the crypto exchange website and its mobile applications.
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.