TRUMP memecoin falls 50% as President ignores Bitcoin, crypto on first day in office

TRUMP memecoin falls 50% as President ignores Bitcoin, crypto on first day in office
фото показано с : cryptoslate.com

2025-1-21 12:22

TRUMP memecoin slid around 50% after President Donald Trump made no crypto-related announcements on his first day in office. CryptoSlate data shows the token peaked near $70 over the weekend, then dropped to about $35 following the inauguration. Its market capitalization briefly exceeded $15 billion before declining to $7.8 billion as of press time.

A wallet linked to the Trump team holding 80% of the memecoin supply currently holds $31 billion worth of TRUMP.

TRUMP holders (Source: Solscan)

Trump signed multiple executive orders on energy, border security, immigration, infrastructure, and more but did not address a promised Bitcoin strategic reserve or reverse the prior administration’s policies, known by some as Operation Chokepoint 2.0. He pardoned 1,500 January 6 protesters, including Oath Keepers and Proud Boys but Ross Ulbricht of Silk Road remains incarcerated. Trump promised to free Ross on day one.

Polymarket’s odds of a day-one executive order peaked around 60%, while the odds of a Bitcoin reserve in the first 100 days collapsed to just 30%.

Bitcoin hovers near $103,000 on Tuesday, down from a recent high of $109,300 reached on Inauguration Day. The industry had anticipated signals regarding Trump’s specific policies on digital assets, but no statements were made.

The post TRUMP memecoin falls 50% as President ignores Bitcoin, crypto on first day in office appeared first on CryptoSlate.

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TrumpCoin (TRUMP) на Currencies.ru

$ 0.0031691 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.17 %, 7d: -17.95 %
Cегодня L: $0.0031691 - H: $0.0040211
Капитализация $20.93k Rank 3405
Цена в час новости $ 0.0214291 (-85.21%)

trump office day president memecoin inauguration peaked

Источник: cryptoslate.com

trump office → Результатов: 119


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