#TRUMPTokenWatch #VeThorOnBinance #BTCNextATH? #ETH $BTC

January 22, 2025

Relevant News:

Regulation in the US: The United States Securities and Exchange Commission (SEC) has appointed Hester Peirce, known as the "crypto mom", to lead a task force focused on regulating digital assets in the country. This initiative seeks to develop a clear and comprehensive regulatory framework for the sector.

Trump Token Launch: Coinciding with the inauguration of President Donald Trump, the $TRUMP token was launched on the Solana blockchain, with an initial supply of 200 million coins. The token quickly reached a market cap of $13.5 billion, pushing Solana’s price to an all-time high of $294.00. However, the value of $TRUMP has since fallen after Trump failed to address crypto-related issues on his first day in office.

Additional Token Offering: Donald Trump’s cryptocurrency company, World Liberty Financial, has announced the issuance of an additional 5 billion tokens due to “massive demand.” These tokens, called $WLFI, are intended solely for governance purposes and are not tradable.

These events highlight the volatility and rapid changes in the cryptocurrency market, reinforcing the importance of investors staying informed about trends and regulatory developments