Author: Yeek.io
Investor Chris Burniske says that Donald Trump’s recent launch of his official memecoin could help usher in a new phase of free experimentation and capital flows in the crypto space. Burniske, a former ARK analyst and current partner at venture firm Placeholder, says in a post on the social media platform X that he doesn’t plan on buying TRUMP, but notes that its launch is “catching eyeballs everywhere” and potentially encouraging others to embark on projects in a similar manner. President Trump launched TRUMP late on Friday and it quickly skyrocketed to a $64 billion fully diluted valuation (FDV). Burniske…
Bitcoin has reached new all-time highs, surging to $109,357 for the first time since December, marking a historic moment for the cryptocurrency. This milestone has reignited bullish sentiment across the market, with many analysts forecasting a massive surge in the coming weeks. The optimism coincides with President-elect Donald Trump assuming office today, fueling expectations for a pro-crypto administration that could further accelerate Bitcoin’s adoption and growth. Supporting this bullish outlook, data from IntoTheBlock reveals that 100% of Bitcoin holders are once again in profit—a rare occurrence that underscores the strength of the current rally. The last time this level was…
World Liberty Financial’s $48 Million Ethereum Spree World Liberty Financial (WLF) has made headlines with a significant $48 million Ethereum (ETH) purchase over an eight-hour period. This buying spree took place between Sunday afternoon and evening, showing the platform’s aggressive investment in crypto. At an average price of almost $3,300 per token, the platform purchased 14,403 Ethereum. With this acquisition, the Trump-affiliated project now owns 28,612 ETH in total, which is now worth almost $109 million at current exchange rates. The buying spree follows a weekend of activity in the crypto space tied to the Trump family. Over the weekend,…
The altseason’s chances saw a setback after the launch of TRUMP. Bitcoin making new highs would likely mean more capital that could be rotated into altcoins. The altcoin season has not yet started. In fact, the chances of one have receded over the past month, as the altcoin season index chart and other metrics clearly show. Conditions were not favorable for the altcoins, and Bitcoin [BTC] also struggled to establish an uptrend in recent weeks. Source: Blockchain Center January and December 2024 were the last two times that the altcoin season reading had moved beyond 75. The index uses the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A famous analyst who made $30 million buying Dogecoin early has predicted that WallitIQ could rally by 34,550%. During the 2021 bull run, a famous analyst turned a strategic Dogecoin (DOGE) investment into a $30 million profit, earning worldwide acclaim. This crypto visionary has identified a new opportunity in WallitIQ (WLTQ), suggesting the Ethereum token poised for a 34,550% rally with its $0.0420 presale. The Dogecoin success story Dogecoin started as a meme token but soon became a market…
Este artículo también está disponible en español. Ethereum (ETH) continues to lose ground to Bitcoin (BTC) as the latter’s dominance rises, with US President-elect Donald Trump set to take office later today. At the time of writing, the ETH/BTC trading pair stands at 0.031, marking a four-year low for the ratio. ETH/BTC Continues To Decline As Trump Focuses On Bitcoin Over the past year, Bitcoin has appreciated by an impressive 158%, surging from approximately $41,000 on January 21, 2024, to $107,608 at the time of writing. The cryptocurrency has consistently reached new all-time highs (ATH) throughout the year. In contrast,…
Meme coins are a specific category of cryptocurrencies that draw inspiration from internet jokes, memes, and pop culture references. In contrast to Bitcoin or Ethereum, most meme coins do not have any serious utility and are largely fueled by community enthusiasm and viral trends. Yet, the meme coin market has expanded rapidly, reaching an astonishing market cap of $108 billion today. Popular examples like Dogecoin and Shiba Inu have proven that meme coins can turn simple ideas into major financial opportunities. Follow this guide and we will take you through step by step how to create a meme coin, from…
TRUMP token’s explosive 250,000% rally sparked speculation of a new memecoin bubble. $7M in Solana purchases by the TRUMP team drove demand and fuel SOL’s price surge. In a stunning turn of events, the TRUMP token has skyrocketed by a staggering 250,000% in just 24 hours, leaving many altcoins trailing in its wake. This unprecedented rally has ignited comparisons to the ICO boom that propelled Ethereum [ETH] from $1 to over $1,100, raising the question: is the crypto market on the brink of another memecoin bubble? Beyond its own meteoric rise, the TRUMP token is having a ripple effect on…
Crypto analysts expect the January 20 inauguration event to be mainly ceremonial and priced in, not market-moving. The swearing-in of Donald Trump has attracted active debate across the crypto community, with market experts weighing whether the inauguration event will trigger any price movements for major digital assets. Industry experts who aired their views before the surprise launch of the Solana-based official TRUM meme coin were conservative. The well-established digital assets, including Solana, Bitcoin, and XRP, have staged impressive gains following the Republican triumph over the Democratic. Experts attribute this surge to the fact that the crypto market has already…
Melania Trump’s sudden entry into the crypto space is making waves. In less than two hours after its January 19 launch, her self-named memecoin, MELANIA, grew to a market value of $6 billion. However, the debut has generated both enthusiasm and skepticism. A Fast-Rising Token Within minutes of the token’s launch, over 45,000 wallets took it, according to statistics from DEXScreener. Its market value skyrocketed to $6.14 billion in less than two hours, showing the powerful appeal of a cryptocurrency bearing the Trump name. TRUMP coin down today. Source: CoinMarketCap At the same time, Donald Trump’s memecoin, TRUMP, suffered a…