Author: The Daily Hodl
First Lady Melania Trump has launched her own memecoin on the Solana (SOL) blockchain, which quickly skyrocketed to a valuation exceeding $9.4 billion just hours after its release. Melania Trump’s social media platform X account suddenly announced that MELANIA was live for trading on Sunday. According to Bubblemaps, there are major discrepancies between MELANIA’s reported tokenomics and actual distribution. “JUST IN: The bubble map of MELANIA does NOT match the distribution on their website.” Bubblemaps is not the only prominent crypto voice questioning the launch of First Lady’s new coin. Former White House Communications Director Anthony Scaramucci expressed strong disapproval…
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…
The team behind President Donald Trump’s crypto operations is on an aggressive accumulation spree of crypto assets before and during the 2025 inauguration ceremony. According to blockchain intelligence and “de-anonymizing” platform Arkham, World Liberty Financial (WLFI) – the Trump family’s crypto project – bought over $50 million worth of cryptocurrencies in the hours leading up to the new President being sworn in. Trump’s purchases include blockchain oracle service Chainlink (LINK), lending platform Aave, Justin Sun’s TRON (TRX), synthetic dollar protocol Ethena (ENA), top smart contract Ethereum (ETH) and the Ethereum-based Bitcoin Wrapped BTC (WBTC). “TRUMP’S WORLD LIBERTY FI BUYING $50M+…
The team behind President Donald Trump’s crypto operations reportedly sent nearly a hundred million dollars worth of the TRUMP meme token to digital asset exchanges. According to blockchain analytics firm Arkham, Trump’s team has so far sent $92 million worth of TRUMP to crypto exchanges Arkham notes that the Trump team locked up 80% of the supply, with 10% reserved to provide liquidity and another 10% planned for public distribution. “100 million TRUMP was sent to the TRUMP Liquidity Provider, which added liquidity on Meteora.8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb another 10% was split between three wallets: Initial TRUMP Deployer (kept 14 million TRUMP)5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7 TRUMP…
Bitcoin (BTC) surged to a new all-time high prior to the swearing-in of President Donald Trump, who has promised to embrace the crypto industry. Bitcoin hit a new all-time high of $108,786 on Sunday amid high hopes of digital asset investors that Trump will roll out pro-crypto policies soon after taking office. Trump, who has been dubbed the first “crypto president,” was officially sworn into office Monday as the 47th US president around noon Eastern time. Since tagging a new all-time high, Bitcoin has retraced, currently trading for $101,517 at time of writing and down 3% in the last 24…
Ethereum (ETH) co-founder Vitalik Buterin says the non-profit organization dedicated to supporting the leading smart contract platform is making big changes to its leadership structure. In a post on social media platform X, Buterin says the Ethereum Foundation (EF) has been going through the process for nearly a year now to achieve five primary goals. He says the organization wants to improve the level of technical expertise within its leadership, improve communication and relationships with users and developers and bring in fresh talent to improve efficiency and speed. The ETH co-creator adds that the Ethereum Foundation also wants to become…
Top US-based crypto exchange platform Coinbase has added President Donald Trump’s official memecoin to its listing roadmap. In a post on the social media platform X, Coinbase announces the addition of Official Trump (TRUMP) – which launched late last week – to its roadmap. Being added to Coinbase’s listing roadmap means that the crypto exchange is considering supporting the asset in the future. Coinbase uses the listing roadmap to prevent insider trading and the front-running of tokens prior to them being listed. TRUMP is trading around $58.45 after a parabolic run-up since launch. According to data from CoinGecko, TRUMP’s fully…
One of the creators of the top smart contact platform Ethereum (ETH) says the Web3 explosion will be exponentially larger than that of the dot-com bubble of the late 90s. In a new thread on the social media platform X, Joseph Lubin – who now serves as the chief executive of blockchain technology firm ConsenSys – says the Web3 boom is already underway, and he believes it will make a positive impact to the world. “The Web3 boom is on and it will be orders of magnitude larger than the dot-com boom. It will be a rough and wild ride,…
The chief investment officer at a digital asset investment firm believes the launch of the Official Trump (TRUMP) memecoin has marked a new age in crypto adoption. Arca CIO Jeff Dorman says on the social media platform X that the TRUMP meme token is “incredibly long-term bullish” for the digital asset industry. According to Dorman, token issuers and investors have nothing more to fear from US regulators now that incoming President Donald Trump himself is both a crypto asset issuer and investor. “Now, just because the President issued a memecoin doesn’t mean the entire world will only focus on memecoins.…
A veteran crypto analyst says that Bitcoin (BTC) could be setting up for another parabolic spike past all-time highs and beyond. Pseudonymous trader Dave the Wave – who accurately called both the crypto market cycle top and bottom in 2021 and 2022 – tells his 147,000 followers on the social media platform X that Bitcoin is on the brink of a strong impulse to the upside. He shares a chart suggesting that BTC may witness a fresh parabolic rally if it takes out resistance at $105,000. “BTC parabolic breakout here and now… or a continued range?” Based on his chart,…