Inaugurated Trump could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Inaugurated Trump (TRUMPINA), a new Solana memecoin that was launched today, is set to explode over 12,000% in price in the coming days.
This is because TRUMPINA is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Inaugurated Trump can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Inaugurated Trump could become the next viral memecoin.
Inaugurated Trump launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Inaugurated Trump on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Inaugurated Trump by entering its contract address – 2F9Q7eZwdnfWUY6Pcqvb7KFDXVW2vcoLCDoTkzsHUvTF – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPINA.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
A crypto trader invested $800,000 in Melania Trump’s official memecoin, Official Melania Meme (MELANIA), and made a remarkable profit of over 1,950%, according to data from Lookonchain.
The trader, identified by the Solana address 4zo6…zHF2, exchanged 800,000 USD Coin (USDC) on Jan. 20 and converted it into 16.45 million USDC in just 12 hours, achieving nearly 2000% gains.
Another trader reportedly turned $560,000 into $11.5 million by investing in MELANIA, while a third pocketed $47.5 million in profits.
These massive gains came as MELANIA’s price soared by 25,600% within 12 hours of its launch across various crypto exchanges.
Melania Trump’s verified X account announced the token, which quickly gained traction with around 500,000 holders, according to DEX Screener.
The token has also become the 10th most traded cryptocurrency by volume.
MELANIA’s meteoric rise coincided with the buzz surrounding Donald Trump’s second-term inauguration and the debut of his own memecoin, Official TRUMP ($TRUMP).
The TRUMP token, released shortly before MELANIA, climbed into the top 20 cryptocurrencies by market cap, reaching a fully diluted value of approximately $50 billion.
Concerns About MELANIA’s Transparency
Despite its rapid success, MELANIA has faced criticism regarding its token distribution and project transparency.
Blockchain analytics platform Bubblemaps revealed that nearly 90% of MELANIA’s supply is controlled by a single wallet, raising doubts about the fairness of its distribution.
Additionally, the token’s website, launched a day before its debut, has been criticized for weak cybersecurity and subpar development.
Coinbase executive Conor Grogan commented that MELANIA appeared less professionally managed than the TRUMP token, likening it to a project run by “college kids.”
While doubts remain about MELANIA’s transparency and execution, its unprecedented gains have fueled excitement and speculation in the crypto space.
The European Securities and Markets Authority (ESMA) has urged firms to limit the use of stablecoins that fail to comply with the EU’s new Markets in Crypto-Assets Regulation (MiCA).
In a statement released on Jan. 17, ESMA emphasized the need for crypto asset service providers (CASPs) to take immediate action regarding non-compliant stablecoins, also known as asset-referenced tokens (ARTs).
While the authority did not specify which issuers or stablecoins were non-compliant, the focus was on ensuring adherence to MiCA’s standards.
EU Regulators Set Q1 2025 Deadline for Compliance
ESMA highlighted the role of national competent authorities (NCAs) in guiding CASPs to align with MiCA requirements.
The regulations prohibit the issuance of stablecoins by entities not authorized under MiCA.
Issuers must be licensed in the EU, and any third party offering ARTs or electronic money tokens (EMTs) must secure written consent from the issuer.
The ESMA stated that NCAs should enforce compliance “as soon as possible,” with a final deadline of Q1 2025.
Restrictions on Non-Compliant Stablecoins
CASPs have until the end of January 2025 to implement restrictions, with allowances for “sell-only” operations extending until the end of Q1 2025.
This provision aims to enable EU investors to liquidate or convert holdings in non-compliant stablecoins during this transition period.
Tether’s USDT Faces Potential Delisting
The ESMA’s directive suggests that Tether’s USDT, the largest stablecoin by market cap, does not meet MiCA’s requirements.
“Tether does not have a license,” stated Juan Ignacio Ibañez of the MiCA Crypto Alliance.
Ibañez indicated that CASPs might need to delist USDT by Jan. 31, with complete removal, including “sell-only” options, by March 31.
Cointelegraph reached out to ESMA and Tether for clarification but has yet to receive a response.
The U.S. debt ceiling is signaling a critical warning for Bitcoin, which could face a temporary correction to $70,000 before continuing its upward trend in the market cycle.
The Treasury is set to reach its $36 trillion debt ceiling the day after Donald Trump’s Jan. 20 inauguration as president.
Treasury Secretary Janet Yellen has announced a “debt issuance suspension period” starting on Jan. 21 and lasting until March 14, according to a letter published on Jan. 17.
This suspension period could lead to reduced global liquidity, which poses a challenge for Bitcoin despite it reaching a new all-time high of $109,000 on Jan. 20.
Short-Term Correction Expected
Raoul Pal, founder and CEO of Global Macro Investor, predicts Bitcoin will hit a “local top” above $110,000 in January before experiencing a correction below $70,000 by February.
Pal’s analysis, shared in a November post on X, highlights Bitcoin’s correlation with global liquidity, suggesting an interim peak in liquidity could trigger this pullback.
Impact of Debt Ceiling on Bitcoin
While some analysts remain cautious, others believe the debt ceiling’s impact on Bitcoin could vary.
Marcin Kazmierczak, COO of Redstone, noted that Bitcoin’s behavior during previous debt ceiling disputes has shown mixed correlations with traditional markets.
“The key factors to watch will be institutional behavior and whether this situation triggers broader market uncertainty,” Kazmierczak told Cointelegraph.
Alvin Kan, COO of Bitget Wallet, added that traditional market volatility could spill into crypto, potentially impacting Bitcoin.
“It could lead to a broader market risk-off environment,” Kan said, emphasizing the importance of investor behavior and global financial sentiment.
Long-Term Outlook
Global liquidity is expected to improve after March 14, which could bolster Bitcoin’s price later in 2025.
Jamie Coutts, chief crypto analyst at Real Vision, forecasts a peak in the global M2 money supply by Jan. 26, 2026, signaling a more favorable outlook for Bitcoin.
Bitcoin approached fresh monthly highs on Jan. 19 as market participants anticipated the return of price discovery.
BTC/USD all-time highs anticipated soon
Data from Cointelegraph Markets Pro and TradingView revealed that BTC/USD was edging closer to $105,500 on Bitstamp as the weekly close approached.
Up approximately 12% for January so far, Bitcoin has been gaining traction among bullish traders, especially with the inauguration of U.S. President-elect Donald Trump just a day away.
In tandem with Bitcoin’s momentum, Trump’s controversial cryptocurrency, OFFICIAL TRUMP (TRUMP), surged to a market cap exceeding $11 billion, securing its place among the top twenty largest cryptocurrencies.
Optimism for the crypto market as a whole has led to bold predictions from traders. “$BTC ATH incoming pretty soon imo,” remarked popular trader Pentoshi in a recent post on X.
Another prominent trader, Moataz Elsayed, also known as Eljaboom, described Bitcoin as entering the “belief phase” of its current market cycle. He stated, “$150K Bitcoin will happen this cycle,” and shared a comparative chart of Bitcoin’s current price action and its movement four years ago.
BTC support levels under watch
While bullish sentiment prevailed, some analysts emphasized the importance of maintaining key support levels.
Daan Crypto Trades highlighted this in his latest update: “$BTC Clean retest of the prior yearly high. Looks good for a move to the all-time high next week as long as that ~$102.7K level is held.”
As the crypto market remains optimistic, traders are now closely monitoring Bitcoin’s price movement for further confirmation of its upward trajectory. With strong momentum and favorable conditions, Bitcoin could be on track to achieve new all-time highs.
On Jan. 19, MicroStrategy co-founder Michael Saylor posted a Bitcoin chart signaling another BTC purchase, marking the 11th consecutive week of such updates.
“Things will be different tomorrow,” Saylor wrote on social media, likely referencing the inauguration of President-elect Donald Trump on Jan. 20.
The company recently acquired 2,530 BTC worth around $243 million on Jan. 13, bringing its total Bitcoin holdings to 450,000 BTC.
This purchase aligns with MicroStrategy’s 21/21 plan to raise $42 billion through equity and fixed-income securities for Bitcoin acquisitions.
The firm remains the largest corporate Bitcoin holder.
MicroStrategy’s Continued Bitcoin Accumulation
MicroStrategy’s December 2024 and January 2025 Bitcoin purchases were highlighted in a recent update, showing the company’s steady progress in its accumulation strategy.
Saylor’s long-term vision includes integrating Bitcoin into national economic policies.
He has previously suggested that a country issuing debt or printing money to convert fiat into Bitcoin could gain a significant edge globally.
Saylor also proposed that the United States Treasury convert its gold holdings to Bitcoin.
This move, he argued, would neutralize foreign adversaries’ gold reserves while bolstering America’s BTC reserves.
In December 2024, Saylor outlined a crypto regulatory framework designed to enhance the U.S. economy.
“A strategic digital asset policy can strengthen the US dollar, neutralize the national debt, and position America as the global leader in the 21st-century digital economy,” Saylor stated.
His plan aims to elevate digital asset markets to a $10 trillion valuation and grow digital asset capital markets to $280 trillion.
Support for a Bitcoin Strategic Reserve
Asset manager Anthony Pompliano echoed similar sentiments in November 2024, urging the U.S. to adopt a Bitcoin strategic reserve.
Pompliano suggested that federal, state, and local governments should prioritize acquiring Bitcoin to prevent being outpaced by other nations.
Both Saylor and Pompliano stress the urgency of embracing Bitcoin as a strategic asset.
Ethereum co-founder Vitalik Buterin has unveiled significant leadership adjustments within the Ethereum Foundation to prioritize technical expertise and strengthen collaboration with builders in the Ethereum ecosystem.
In a Jan. 18 post on X, Buterin outlined the goals of this overhaul, which include supporting decentralized application developers and championing decentralization, censorship resistance, and privacy.
He emphasized that the Ethereum Foundation would steer clear of political lobbying, ideological agendas, or assuming a central role in the ecosystem’s development.
These changes follow a challenging year for the Foundation in 2024, during which its spending, roadmap, and personnel decisions were criticized by members of the Ethereum community.
The Ethereum Foundation introduced a conflict of interest policy in May 2024 after prominent researchers took paid advisory roles at the EigenLayer Foundation, which oversees the restaking protocol.
Justin Drake, a long-time Ethereum Foundation researcher, accepted such a role in May 2024, followed by Dankrad Feist. Drake later stepped down in November 2024, apologizing to the community and committing to avoid advisory roles, investments, or council positions in the future.
In March 2024, Ethereum released the Dencun upgrade, which significantly reduced transaction fees for layer-2 networks by up to 99%.
This fee reduction led to a rapid increase in Ethereum layer-2 rollups, with L2Beat reporting 55 such networks currently in operation.
However, the proliferation of layer-2 solutions sparked concerns among market participants about cannibalizing revenue on the Ethereum base layer.
Data from Token Terminal revealed that base layer revenues plummeted by 99% during the summer of 2024 but eventually recovered to pre-Dencun levels by year-end.
As Ethereum continues to evolve, these leadership changes aim to foster a more robust and decentralized ecosystem while addressing challenges faced in 2024.
Crypto traders have quickly capitalized on the launch of Official Trump (TRUMP), a Solana-based memecoin introduced by U.S. President-elect Donald Trump.
Unveiled on Jan. 17, just before Trump’s inauguration as the 47th president, TRUMP reached a market cap of nearly $9 billion within hours, surpassing popular memecoins like Pepe and Bonk.
“My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR TRUMP NOW,” Trump announced on Truth Social and X.
While some in the crypto community questioned the authenticity of the project, a source close to Trump’s family confirmed to Cointelegraph that the initiative is legitimate and ties into his existing NFT ventures.
A surge of trades underscored the token’s rapid rise. Blockchain analytics firm Lookonchain reported that a wallet named “LeBron” turned a $1 million investment into over $2 million by acquiring 4.52 million TRUMP tokens shortly after launch.
Another trader made $70 million in under four hours, converting an initial $1.1 million investment into significant profits by selling 1.35 million TRUMP for 3.65 million USDC while keeping additional tokens valued at $67.5 million.
Pseudonymous trader 0xsun also saw substantial gains, purchasing nearly 1 million TRUMP tokens with 3,000 Solana (worth $653,000) and later selling part of their holdings for $812,000, netting over $3.7 million in profit.
Whales joined the frenzy as well, with one withdrawing 61,205 SOL, valued at $14.3 million, to purchase 1.27 million TRUMP tokens. Another whale spent 8.5 million USDC to acquire 1.03 million tokens at an average price of $8.28.
At the time of writing, TRUMP traded at $18.82 with a market cap of $4.28 billion, a 10,222% increase since launch. The project’s website details a total supply of 1 billion tokens, with 200 million unlocked at launch and the remainder distributed over three years.
The U.S. Securities and Exchange Commission (SEC) has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with providing misleading information to investors about Genesis’s financial state following the collapse of Three Arrows Capital (3AC).
According to a filing dated Jan. 17, DCG and Moro have agreed to pay $38.5 million in civil penalties. DCG is responsible for $38 million, while Moro will pay $500,000.
Both parties consented to the penalties without admitting to or denying violations of the Securities Act of 1933.
This settlement is the latest development in the legal troubles surrounding Genesis, which filed for Chapter 11 bankruptcy in January 2023 after a 2022 default by its borrower, 3AC.
The collapse of 3AC sent shockwaves through the cryptocurrency sector. The now-defunct hedge fund had invested approximately $570 million in 10.9 million locked LUNA tokens before Terra’s ecosystem collapsed in May 2022.
This investment lost over 99% of its value, dropping to just $670 by June 2024. The financial impact severely impaired 3AC’s ability to repay loans, affecting its creditors.
By June 16, 2022, 3AC failed to meet margin calls, prompting the liquidation of certain positions. On June 27, a British Virgin Islands court ordered the fund to liquidate its assets.
The liquidation coincided with Voyager Digital issuing a default notice to 3AC for failing to repay a loan of 15,250 Bitcoin.
In the aftermath, former Genesis CEO Michael Moro attempted to reassure investors, stating in July 2022, “We previously stated in June that we mitigated our losses with respect to a large counterparty who failed to meet a margin call.”
This settlement marks a critical chapter in the ongoing fallout from 3AC’s collapse and its broader impact on the crypto industry.
Bitcoin could reach $130,000 this cycle, a target described as a “great result” by seasoned trader and DecenTrader co-founder Filbfilb.
In a recent interview with Cointelegraph, Filbfilb shared insights on Bitcoin’s trajectory amid a recovering market and incoming political changes in the U.S.
Trump Administration and Bitcoin Market Dynamics
After rebounding from two-month lows, Bitcoin is trading above $100,000 as of Jan. 17, according to Cointelegraph Markets Pro and TradingView data.
Filbfilb believes the Trump administration’s pro-Bitcoin stance could boost the market. However, potential trade wars could disrupt the broader risk-asset rally.
Despite these uncertainties, Filbfilb predicts Bitcoin will maintain its leadership in the crypto market, possibly achieving record dominance. He remains optimistic about Bitcoin’s ability to outperform equities if favorable policies are enacted quickly.
Short-Term Expectations and Market Reactions
In response to potential unmet expectations regarding executive orders, Filbfilb said, “I had anticipated a bumpy open to the year with a recovery in the second part of the month, which is what we have seen so far.”
While Bitcoin’s current price reflects cautious optimism, he noted, “If something like this is ruled out, I’m sure there would be a dip, but probably an overreaction and perhaps an opportunity.”
MicroStrategy and Bitcoin Correlation
Discussing MicroStrategy’s stock performance, Filbfilb dismissed claims of it being a “ponzi scheme” but acknowledged its risks.
“At present, the premium over net asset value (NAV) is around 2, similar to levels seen when Bitcoin consolidated around $60,000-$70,000,” he explained.
If Bitcoin surpasses $100,000, he expects MicroStrategy’s stock to surge, driven by increased interest in Bitcoin. “Short term, I’m not too concerned about a major retracement for MSTR, unless there is a big pullback in Bitcoin,” he added.
Long-term concerns about MicroStrategy’s debt servicing are noted but remain a topic for the future.