** This is known as the "P*N!S pattern," which usually spells trouble! Just kidding—there's still hope. Let's see what the new release this week brings.
Trump Faces Backlash Over TRUMP Meme Coin Launch Before Inauguration
The current President-Elect of the United States, Donald Trump, has caused much controversy in the crypto space after launching his Official Trump (TRUMP) meme coin on Solana (SOL) two days before the inauguration.
The announcement on January 17 through Trump’s Truth Social account stated that the token was for him and his “winning.” The initial speculation pointed towards a possible hack, but the confirmation came shortly after, with Trump becoming the first U.S. president to endorse a meme coin.
Critics raise ethical concerns
Like others, the TRUMP meme coin has been criticized for having no real-world application. Critics and analysts have pointed out that using the Trump administration’s position to endorse cryptocurrency is questionable.
YouTuber Stephen Findeisen, also known as Coffeezilla, criticized the timings of the project. In a Jan. 18 post, he called the launch of the coin ‘unethical’ and raised concerns with the reported 80% of the coins being distributed to Trump’s inner circle. Findeisen described the situation as ‘nasty work’ due to the risks of large losses for inexperienced investors.
> dropping TRUMP memecoin 2 days before becoming president is nasty work> new SEC/DOJ guarantees no prosecution> 80% of tokens vest to insiders DURING the presidency> most ppl losing money will be MAGA who aren't crypto native> *should* be a crime but crime is legal now ig?
— Coffeezilla (@coffeebreak_YT) January 18, 2025
Peter Schiff, an economist who has consistently dismissed cryptos, likened the coin to Bitcoin in sarcasm while making fun of it. Former Trump aide Anthony Scaramucci called it “corruption” and warned it may negatively impact the broader crypto market.
Crypto-influencer Max Schwartzman said that it is possible that Trump’s account was hacked, as the TRUMP COIN website has the same design as Trump’s previous NFT project. Others, like 0xCygaar, pointed out that the two have similar technical structures, which only added to the hype.
Ok yeah the new Trump memecoin website is deployed almost identically to his previous NFT website.Same cloudflare setup, same deployment with Heroku, same SSL certificate issuer.Very similar HTML structure as before. pic.twitter.com/u1zLD7Vcv7
— cygaar (@0xCygaar) January 18, 2025
Explosive growth amid controversy
After the launch, the token only took 15 minutes to reach a market cap of $400 million. The launch also saw SOL, Solana’s native token, rise to an all-time high of $267 due to the buzz around the TRUMP token.
However, the TRUMP coin has soared and has recorded more than 12,000% adoption after its launch despite the backlash it has received. The token’s value reached close to $35 and then hovered around $29, taking the market capitalization to $5.98 billion. Successful traders have made a lot of money, with one of them reportedly making $50,000 to $1.1 million within a few hours.
However, doubts remain about the prospects of the token in the future. Currently, only 20% of the 1 billion TRUMP coins are in circulation with the remaining 80% to be released over the next 36 months.
At the moment, the first twenty holders possess 87.02% of the total token supply, which means only 12.97% remains for all other investors and traders. The developer wallet alone is estimated at about $15.5 billion, which raises questions about developers controlling and manipulating the market.
Some critics have claimed that this sort of ownership control weakens the token in question. Crypto analyst JRNY Crypto raised concerns about the lack of concrete information coming from Trump’s advisors to support the project.
The FOMO on the TRUMP token pushed many traders into action, causing a rise in the Solana price and an increase in its on-chain activity. Analyst Will Clemente pointed to the chaos, stating that traders have been dumping other assets to buy into the TRUMP phenomenon. However, some analysts have expressed concern that the fast pace may result in a quick drop.
Never seen anything like this, SOL ripping and everything on chain nuking as people panic sell to fomo into Trump’s memecoin. What is going on.
— Will (@WClementeIII) January 18, 2025
From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Absolutely! The #BitwiseBitcoinETF is a topic of great interest in the world of cryptocurrencies and investments.
What is a Bitcoin ETF?
A Bitcoin ETF (Exchange Traded Fund) is an exchange-traded fund that tracks the price of Bitcoin. In simpler terms, it is a way to invest in Bitcoin without having to buy the cryptocurrency directly. ETFs offer a more traditional and regulated way to participate in the cryptocurrency market.
Why is the Bitwise Bitcoin ETF important?
Greater accessibility: It allows a broader audience, including those who are not familiar with cryptocurrency exchange platforms, to invest in Bitcoin. Greater liquidity: Being traded on the stock exchange, it provides greater liquidity compared to directly buying Bitcoin. Diversification: It can be part of a more diversified investment portfolio. Regulation: Being subject to regulations, it can offer investors greater security and transparency. Bitwise and its proposal
Bitwise is one of the pioneering companies in creating Bitcoin ETFs. They stand out for their focus on security and transparency, which has generated trust in the market.
What should you consider before investing?
Volatility: Like Bitcoin, Bitcoin ETFs are highly volatile. This means that the price can experience significant fluctuations over short periods of time. Costs: ETFs have associated costs such as management fees. Regulation: The regulation of Bitcoin ETFs may vary by country. In summary:
The #BitwiseBitcoinETF represents an important milestone in the adoption of cryptocurrencies by traditional investors. However, it is essential that you thoroughly inform yourself and consider the risks before making an investment decision.
I know this post might be suppressed but I should say it.
All your crypto analysis are wrong. It is not about crypto, the whole market is down. Biden and Democratic party are pushing for passing their bill through the congress and this is how they do it.
Read my previous post on this topic to have a better big picture. Stop feeding people nonsense analysis when you are not taking into account the bigger picture. The entire stock market is down. It is not about pullback or correction. Stop talking about resistance and support. The entire US and europe market is down and crypto is just a tiny fraction of it.
There is a huge player in the game. This player is threatening the healthy market since they want to take benefit from taxed money.
Influencers, stop asking chat bots for explanation and copying it here.
Those who don’t want to read my previous post: in high volatility situations, like the threat of government shutdown, first things big investors do is to move their money in more secure assets like gold. When the fog goes away they begin with stock market and then the last step is to invest back on crypto.
⛔️STOP Buying every New Coin listed on Binance 🪙 - PART 1 - 💸
Now that I''ve got your attention
Since November I start researching new listed coins & bought the following new listed coins:
🌖To the Moon for the moment Due to Story, Community, Industry, Market Sentiment
$PNUT PNUT Great Story/Meme, Endorsements, Strong Community $ACT ACT AI Industry, Future, Community
🚀Premarket Coin, going great so far due to Industry, Stable Coin, Community
$USUAL Good on Paper, Community, not even listed and showing promising signs 🚀 even on days 85% of the coins are down. It's Future uncertain. Short term it seems it will get a strong boost at the listing
Let me tell you what I've learned from this coins I've bought them because I knew them and they were skyrocketing as I opened the app BUT HERES THE Catch⚾️
Some Coins opened at certain prices, and when the Binance app calculates the percentage in green 💹 , it shows the variation from a few cents till the current price. Example: Opens at $1.00 at the second the coin is listed with a 1000%, and its current price is at $1.50 how come? The increase was 50% not 1000%. So the coin took in consideration that rise since a few cents maybe 0.01 or else.
💡TIPS AND ADVICE: 💡
🔬Research the COIN beforehand, see its value, community, whitepaper. 🔎LOOK EVERYWHERE if the coin is already listed, sometimes it can be listed 1 hour before or one day before on some OFFICIAL exchanges. CHECK OFFICIAL COIN SITES Sometimes it can be a great advantage, sometimes coin gets dumped to the bottom
‼️BEWARE OF SCAM COINS: Some coins are listed by the same name or in another network, but they are a copy or a fake one. Beware because on official sites there are people posting links to click or conmect wallets or contract addresess or say that thet help you, dont interact with those links, sites and don't talk with them!! Always check the URL of the site of a coin, and check if its the official site and see where it can be bought or swapped.
⛔️STOP Buying every New Coin listed on Binance 🪙 - PART 1 - 💸
Now that I''ve got your attention
Since November I start researching new listed coins & bought the following new listed coins:
🌖To the Moon for the moment Due to Story, Community, Industry, Market Sentiment
$PNUT PNUT Great Story/Meme, Endorsements, Strong Community $ACT ACT AI Industry, Future, Community
🚀Premarket Coin, going great so far due to Industry, Stable Coin, Community
$USUAL Good on Paper, Community, not even listed and showing promising signs 🚀 even on days 85% of the coins are down. It's Future uncertain. Short term it seems it will get a strong boost at the listing
Let me tell you what I've learned from this coins I've bought them because I knew them and they were skyrocketing as I opened the app BUT HERES THE Catch⚾️
Some Coins opened at certain prices, and when the Binance app calculates the percentage in green 💹 , it shows the variation from a few cents till the current price. Example: Opens at $1.00 at the second the coin is listed with a 1000%, and its current price is at $1.50 how come? The increase was 50% not 1000%. So the coin took in consideration that rise since a few cents maybe 0.01 or else.
💡TIPS AND ADVICE: 💡
🔬Research the COIN beforehand, see its value, community, whitepaper. 🔎LOOK EVERYWHERE if the coin is already listed, sometimes it can be listed 1 hour before or one day before on some OFFICIAL exchanges. CHECK OFFICIAL COIN SITES Sometimes it can be a great advantage, sometimes coin gets dumped to the bottom
‼️BEWARE OF SCAM COINS: Some coins are listed by the same name or in another network, but they are a copy or a fake one. Beware because on official sites there are people posting links to click or conmect wallets or contract addresess or say that thet help you, dont interact with those links, sites and don't talk with them!! Always check the URL of the site of a coin, and check if its the official site and see where it can be bought or swapped.
very interesting this article to understand what happened today in the #criptoworld
Cryptonaryo Pulse
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Guess Who REALLY Caused The Crypto Crash Today? The Shocking Truth Revealed!
🚨 Guess Who REALLY Caused The Crypto Crash Today? The Shocking Truth Revealed 🚨 If you woke up to a sea of red in your crypto portfolio, you’re not alone. Today’s crypto crash has sent shockwaves through the market, wiping billions off market caps and sparking fears of another prolonged downtrend. But who, or what, is really behind the chaos? Let’s dive into the key causes, the players involved, and what this means for crypto investors moving forward. The Immediate Trigger: A Sudden Market Shakeup This morning, Bitcoin plunged by over 8%, dragging Ethereum, Solana, and other major altcoins down with it. But the big question remains: What caused this sudden crash? Here’s what we’ve uncovered: 🔎 1. The Institutional Sell-Off Reports suggest that large institutional players dumped significant portions of Bitcoin and Ethereum.Data from Glassnode shows a net outflow of over $2 billion from major crypto wallets within a 24-hour period. 🔑 Why It Matters: Institutions often act as market movers. Their sell-offs can trigger panic among retail investors, creating a ripple effect that accelerates the downturn. 🔎 2. Regulatory Fears Reignite U.S. SEC News: Rumors of stricter regulatory measures targeting decentralized exchanges and stablecoins have resurfaced.China’s Ban Expansion: Reports indicate that China is doubling down on its crypto ban, targeting even OTC trading platforms. 🔑 Why It Matters: Uncertainty around regulations fuels fear, leading investors to exit positions until clarity emerges. 🔎 3. The Macro-Economic Storm Dollar Strengthens: The U.S. dollar has been rallying, creating pressure on risk assets like crypto.Inflation Woes: Upcoming U.S. Consumer Price Index (CPI) data has sparked fears that inflation may persist, reducing risk appetite across the board. 🔑 Why It Matters: When macroeconomic factors turn bearish, crypto markets often suffer as investors seek safer assets. The Role of Whales and Liquidations Data from IntoTheBlock shows a surge in large Bitcoin transactions (over $1 million), suggesting that whales played a significant role in today’s downturn. Meanwhile, over $800 million in long positions were liquidated, adding fuel to the fire. The Social Media Frenzy Platforms like Twitter and Reddit have been buzzing with speculation and fear-mongering. Terms like “crypto crash,” “Bitcoin bear market,” and “altcoin liquidation” are trending, further stoking panic among retail investors. Breaking Down the Aftermath 💔 Who’s Hit the Hardest? Altcoins: Solana (SOL), Avalanche (AVAX), and Polygon (MATIC) saw double-digit declines.Meme Coins: Dogecoin (DOGE) and Shiba Inu (SHIB) were among the worst performers, with losses exceeding 15%. 💡 What’s Holding Strong? Surprisingly, stablecoins like USDT and USDC have held up well as investors seek shelter.Bitcoin’s dominance rose slightly, signaling a flight to safety even within the crypto space. What Happens Next? 1️⃣ Short-Term Outlook: Expect continued volatility as the market digests the news. Key support levels for Bitcoin are around $95,000, with Ethereum hovering near $3,800. 2️⃣ Long-Term Implications: The crash serves as a wake-up call for over-leveraged traders and speculative altcoin investors. It also underscores the need for clear regulatory frameworks to stabilize market sentiment. What Should You Do Now? 💡 For Long-Term Investors: Stay calm and avoid panic selling.Use this opportunity to dollar-cost average (DCA) into fundamentally strong assets. 💡 For Traders: Be cautious with leverage, today’s liquidations prove how quickly things can go south.Monitor key resistance and support levels to plan entries and exits. 💡 For Everyone: Keep an eye on upcoming regulatory announcements and macroeconomic indicators like CPI data. Final Verdict: A Crash or a Correction? While today’s crash is alarming, it’s essential to see the bigger picture. Crypto markets are inherently volatile, and periods of extreme fear often present the best opportunities for disciplined investors. 💬 What’s your take on today’s crash? Share your thoughts in the comments below! ✨ Found this article helpful? Like, share, and follow for more real-time crypto insights and strategies. Let’s navigate this market together! 🙌 #CryptoCrash #Bitcoin #AltcoinSeason #CryptoNews #MarketAnalysis
Today Earn $5 on binance without spending Just Follow given step💵👇
If you’re a newcomer to Binance, here’s some fantastic news: you can earn to $5 every day without spending a single penny. 🚀 This is a golden opportunity to step into the world of crypto and start generating consistent income without risking your hard-earned money. As the leading cryptocurrency exchange, Binance offers various features to help even beginners succeed. Ways to Earn on Binance: 1. Content Creation Binance encourages users to share valuable insights and knowledge. By creating and sharing content, you can engage with the community and earn rewards. 2. Creator Academy Enhance your understanding of cryptocurrencies by participating in educational programs. Completing tasks in the Creator Academy can help you gain crypto incentives. 3. Data Center Contribute to the Binance ecosystem by engaging with data-related projects and earn small rewards in return. 4. Tips Binance allows users to tip others for valuable content or services, which creates an opportunity for mutual earning within the platform. 5. Write to Earn Writing insightful articles, blogs, or reviews related to crypto and Binance activities can help you secure additional earnings. 6. Check-in Bonuses A simple yet effective way to earn daily. By checking in regularly on the Binance app, you can accumulate rewards over time. 7. Giveaways Participate in frequent giveaways hosted by Binance to grab additional earning opportunities. Keep an eye on their announcements for upcoming events. 8. Bookmarked and Liked Engage with the community by bookmarking and liking content, which sometimes contributes to earning tokens. Why Use Binance for Earning? Binance not only provides a secure trading environment but also encourages user participation with its innovative earning features. These methods are perfect for users looking for passive income or exploring crypto opportunities without heavy investments. Getting Started To maximize your earnings: Stay active on the platform. Participate in educational programs and community events. Regularly check the “Tips,” “Check-in,” and “Giveaway” sections for opportunities. Conclusion Earning on Binance is simple, efficient, and designed for everyone. By leveraging the features above, you can steadily grow your crypto wallet while learning more about the world of digital currencies. #BinanceEarnings #CryptoIncome #PassiveIncome #CryptoTips #DailyEarnings