Donald Trump has finally spoken out about $TRUMP Memecoin! 🚨 After much speculation over 4 days, Donald Trump has finally addressed the memecoin and the cryptocurrency phenomenon, memecoin $TRUMP. 🌍💰 🎙️ In a press conference on January 22, 2025, Trump shared his thoughts on why this token has garnered so much attention: "It's my fault, I got involved in the launch and I knew about its tremendous success, but I never delved deeper into it." The statement was made during a meeting with top entrepreneurs Masayoshi Son, Sam Altman, Larry Ellison, and others. Everyone present burst into laughter when Trump jokingly responded that the $TRUMP token has a market capitalization of several billion dollars. 😄 📉 Its value dropped 30% immediately after his inauguration due to the lack of any specific cryptocurrency policy from Trump. 📈 With his latest comments and insights on policies, the market itself seems to be heading towards recovery at this moment; now all we need is for investors to join in, and we will be trading. 🚀 Stay tuned as the story of memecoin $TRUMP continues, will it become the cryptocurrency of the century? 🤑✨ #Write2Earn #Trump2024 #BTC #Binance #BinanceAlphaAlert
even selling stocks at a loss has to pay taxes, and nothing changes, just a bunch of mouths looking for easy gains while making it hard for the people. Collecting and devouring is quick.
Crypt_Hunter
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🇻🇳 Legalizing Crypto and the Future of the Crypto Industry in Vietnam
1/ According to Mr. Nguyen Phuong Tuan, Deputy Chairman of the Committee on Science, Technology and Environment of the National Assembly, legalizing digital assets creates a legal basis to establish playgrounds for digital assets, including the establishment of exchanges.
The Politburo has also agreed to the policy of building a financial center in Vietnam. Specifically, a comprehensive international financial center will be established in Ho Chi Minh City and a regional financial center in Da Nang.
=> This is an opportunity for Vietnam to pilot the establishment of a digital asset exchange (which may initially be set up on a small scale). => The establishment of exchanges will help regulatory authorities manage and collect taxes more easily. At the same time, it is also a way to filter out low-quality digital assets and prevent fraudulent activities.
2/ According to Mr. Phan Duc Trung, Permanent Vice Chairman of the Vietnam Blockchain Association: Legalizing digital assets will also help Vietnam enhance its attraction for foreign investment as well as bring back Vietnamese businesses that have had to register their business in other countries.
Lan, a girl who loves technology, was once gifted 0.5 Bitcoin by her best friend in 2013 when its price was only about 1 million VND each. At that time, Lan didn’t pay much attention because she saw it as just an interesting technology experiment. She created a Bitcoin wallet, stored it on her personal computer, and quickly forgot about it.
Many years later, in 2021, when Bitcoin became the center of every conversation and its price soared to 1.5 billion VND each, Lan suddenly remembered the old wallet. Excited, she rummaged through the computer she had stored away. After hours of searching, Lan was lucky to find the wallet and successfully recover it.
The small amount of Bitcoin from back then is now worth hundreds of millions of VND. Lan decided to keep a portion for long-term investment and use the rest to establish a scholarship fund for technology students, aiming to spread the spirit of exploration that Bitcoin had brought to her.
Through the story, Lan realized that small opportunities in the present can sometimes become valuable assets in the future if we know how to preserve them and look beyond immediate benefits.
Currently, the BTC fluctuations around the 95-98k level may be a sign of one of two scenarios:
1. Bait (Bull trap): If the trading volume is low and there are no clear positive news, it is likely that this is a “trap” to attract retail investors to participate before the price drops sharply. This often occurs when whales want to liquidate or manipulate the market for profit.
2. Accumulation for breakout: If the trading volume increases gradually and there is support from factors such as positive news about Bitcoin or overall market growth, this could be an accumulation phase before BTC breaks through the resistance level of 98k and moves towards the 100k mark.
Further analysis:
The current 98k level acts as a strong resistance. If the price breaks through and maintains above this level with large trading volume, the likelihood of rising to 100k is very high.
If it cannot break through and the price turns back down below 95k, it is likely that the market will continue to adjust downwards.
Strategy:
If you are a long-term investor: Do not worry too much about these small fluctuations, focus on the long-term trend.
If you are a short-term trader: Keep a close watch on resistance/support levels, trading volume, and other market signals (RSI, MACD, news). Set tight stop-loss to minimize risk.
What are your thoughts on this situation? Would you like to analyze further?
$BTTC Based on the data in the image, evaluate the potential of #BTTC reaching 1 dollar. Key points: 1. Current price: 0.00000132 dollars 2. Circulating supply: 968.25 trillion (T) BTTC 3. Total supply: 990 trillion BTTC 4. Market capitalization calculation for 1 dollar: To reach a price of 1 dollar, the market capitalization would need to be: \text{Market capitalization} = \text{Price} \times \text{Circulating supply} = 1 \times 968.25T = 968.25 \text{ trillion dollars} Comparison: Current market capitalization: 1.28 billion dollars Required market capitalization: 968.25 trillion dollars Feasibility: Unprecedented scale: A market capitalization of 968.25 trillion dollars would far exceed the entire global cryptocurrency market capitalization, which is currently around 1.1 trillion dollars (as of the end of 2023). Actual growth: For comparison, the market capitalization of Bitcoin (the largest cryptocurrency) is around 500 billion dollars. For BTTC to reach 1 dollar, it would need to surpass the total value of all existing global assets. Conclusion: It is highly unlikely that BTTC will reach 1 dollar due to the enormous market capitalization required, far exceeding the scale of any existing financial market. A significant reduction in supply (such as mass token burning) would be necessary to make this feasible. Disclaimer: Including third-party views. This is not financial advice. May include sponsored content. See Terms & Conditions. $BTTC
Yes, I appreciate your perspective. It's realistic and quite accurate. Look at the coins that are rising strongly, they all have low trading volume, very low, and a widely accepted ecosystem!
AliisSmile
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$SHIB To assess the possibility of #Shiba Inu (SHIB) reaching $1, let's break down the key points from the image and consider some crucial factors:
Key Data Points:
1. Current Price: $0.00002552
2. Market Cap: $15.07 billion
3. Circulating Supply: 589.26 trillion SHIB
4. Total Supply: 589.51 trillion SHIB
Implications:
1. Market Cap Calculation at $1:
If SHIB were to reach $1, the market cap would be:
\text{Market Cap at $1} = 1 \times 589.26 \text{ trillion} = 589.26 \text{ trillion dollars}
]
589.26 trillion dollars is significantly higher than the entire global cryptocurrency market cap, which is currently around $1.3 trillion (as of late 2023). This figure is not realistic with the current supply.
2. Supply and Demand:
The massive supply of SHIB is a significant obstacle. To reach $1, either:
Drastic supply reduction (burning tokens) is needed, or
The project would require unprecedented global adoption and utility.
3. Historical Context:
The highest recorded price of SHIB was $0.00008845 in October 2021, during a peak market cycle. Even at that peak, it didn’t come close to $1.
Conclusion:
Highly improbable under current conditions for SHIB to reach $1 due to its extremely high circulating supply. For this to happen:
1. Massive token burns would need to significantly reduce supply.
2. Utility and adoption would need to increase exponentially.
3. It would require a market cap far beyond any seen in the crypto space.
SHIB’s community and developers often emphasize token burns, which could help, but realistically, $1 remains a distant possibility without drastic changes.