Nearly $10 billion wiped out in President Donald Trump’s meme coin crash

Nearly $10 billion wiped out in President Donald Trump’s meme coin crash

The Rise and Fall of $Trump: A Meme Coin Saga That’s More Dramatic Than Reality TV If you thought the world of cryptocurrency couldn’t get any wilder, think again. The Trumpmemecoin,inspiredbynoneotherthanthe45thPresidentoftheUnitedStates,hastakenanosedivethatwouldmakeeventhemostseasonedcryptotradersgasp.Overthepast10days,Trumpmemecoin,inspiredbynoneotherthanthe45thPresidentoftheUnitedStates,hastakenanosedivethatwouldmakeeventhemostseasonedcryptotradersgasp.Overthepast10days,Trump has plummeted by a staggering 63%, wiping out a jaw-dropping $9.4 billion in market cap. Let’s break down this rollercoaster ride and see what’s really…

New Trump meme coin wave lifts Solana DEX tokens Raydium, Jupiter and Orca
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New Trump meme coin wave lifts Solana DEX tokens Raydium, Jupiter and Orca

## Trump Meme Coin Sends Solana DEXs Soaring The launch of the “official” Donald Trump meme coin ($TRUMP) on Solana ignited a massive surge in the prices of Solana decentralized exchanges (DEXs). Raydium (RAY), Jupiter (JUP), and Orca (ORCA) saw explosive gains, hitting their highest levels in months. Raydium, Solana’s largest DEX, reached $6.95, a…

Neptune shares rise 40% after securing $20m credit line to buy more Bitcoin
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Neptune shares rise 40% after securing $20m credit line to buy more Bitcoin

## Neptune Digital Assets Soars 40% After Securing $20M Bitcoin-Backed Loan Canadian crypto infrastructure provider Neptune Digital Assets Corp. (NDA) saw its shares skyrocket 40% after securing a $20 million credit facility from Sygnum Bank. The loan, collateralized by Neptune’s existing Bitcoin holdings, will be used to expand its Bitcoin stash, acquire other crypto assets,…

Ethereum lags even as derivative traders bet big on ETH rally, is return to $4,500 likely?
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Ethereum lags even as derivative traders bet big on ETH rally, is return to $4,500 likely?

## Ethereum Holds Steady Above $3,300: Bulls Reign Supreme? Ethereum (ETH) is showing resilience, holding firm above $3,300 amidst anticipation for upcoming events. Derivatives traders are exhibiting strong bullish sentiment, with open interest surging past $30 billion – a near-record high. This bullishness is further supported by significant institutional investment and growing on-chain activity. **Derivatives…

Extreme Meme Coin Volatility, Bitcoin’s (BTC) New ATH, and More: Bits Recap Jan 21

Extreme Meme Coin Volatility, Bitcoin’s (BTC) New ATH, and More: Bits Recap Jan 21

Key points: TL;DR Trump-Themed Memes Went Crazy The past several days have been more than eventful for the cryptocurrency industry, whose global market capitalization briefly surpassed $3.8 trillion on January 20 before plunging to its current $3.65 trillion (per CoinGecko’s data). Perhaps the most apparent reason for the enhanced volatility was the hype surrounding Donald…

Trump launches cryptocurrency with price rocketing -BBC-
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Trump launches cryptocurrency with price rocketing -BBC-

US President-elect Donald Trump has launched his own cryptocurrency, which quickly soared in market capitalisation to several billion dollars. His release of the meme coin, $Trump, comes as he prepares to take office on Monday as 47th president of the US. The venture was co-ordinated by CIC Digital LLC – an affiliate of the Trump…

TradeCityPro | XVSUSDT Possibility of a Long-Term Move Starting

TradeCityPro | XVSUSDT Possibility of a Long-Term Move Starting

🌐 Overview Bitcoin Before analyzing today’s altcoin, let’s start by reviewing Bitcoin on the 1-hour timeframe Yesterday, I mentioned opening a long position with Bitcoin’s break of 97343 and even suggested using a stop-buy order. Today, following the news announcement, this resistance was broken aggressively, showing strong whale activity. With this breakout, Bitcoin dominance has begun…