Die größte Herausforderung bei der Einhaltung von MiCA sei die Bereitstellung von Ressourcen für den Aufbau der erforderlichen Infrastruktur, so der Europa-Chef von Gemini.
Melania Trump launches official memecoin
- Following the success of the $TRUMP token launched a day prior, Melania Trump announced the launch of the Melania memecoin late Sunday evening
- The token’s launch caused congestion in the Solana network and drained liquidity from the $TRUMP and other memecoins
Late Sunday evening, incoming First Lady Melania Trump announced the launch of the official Melania memecoin, $MELANIA, roughly 24 hours after President-elect Donald Trump launched his $TRUMP token.
The Official Melania Meme is live!
You can buy $MELANIA now. https://t.co/8FXvlMBhVf
FUAfBo2jgks6gB4Z4LfZkqSZgzNucisEHqnNebaRxM1P pic.twitter.com/t2vYiahRn6
— MELANIA TRUMP (@MELANIATRUMP) January 19, 2025
The announcement was made on her X profile and followed a similar pattern to Donald Trump’s: a website was provided with the option to buy with a credit card or cryptocurrency.
The market’s reaction to the drop was sharper than Trump’s as market reactions were more immediate.
Onchain data showed that other memecoins and some altcoins suffered price declines as attention and liquidity flowed to the $MELANIA token.
The token, which launched at $0.048 on Dexscreener, reached a high of $13.61 in the early morning of Monday January 20 before pulling back to $10.31 as of publication.
Meanwhile, the price of the $TRUMP token nosedived when the $MELANIA token was launched, falling from $73.50 to $30.94. However, it has regained some ground, rising to $53.51 as of publishing, as the Trump presidential inauguration draws close.
The post Melania Trump launches official memecoin appeared first on CoinJournal.
Donald Trumps Memecoin fällt um 38 %: Ehefrau Melania bringt unterdessen eigenen Token heraus
Melania Trump lancierte einen Memecoin, nachdem der TRUMP-Token ihres Mannes eine Spitzenbewertung von 15 Milliarden US-Dollar erreicht hatte, woraufhin er um fast 40 % fiel.
Solana Set New All-Time High as TRUMP-Fuelled Rally Spurred Price Growth
- Solana set a new all-time high of $295 as euphoria around the TRUMP memecoin spurs bullish interest.
- The network token rose over 20% on Saturday, Jan. 18 as on-chain trading volume reached $27Bn.
Solana’s network token, SOL, rallied to a new all-time high of around $295 following a spike in on-chain trading activity, which succeeded the announcement of an official TRUMP token late Friday, Jan. 17.
Around 9:44 PM EST, President-elect, Donald Trump, tweeted the new memecoin from his official X account.
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. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC
— Donald J. Trump (@realDonaldTrump) January 18, 2025
While initial buyers were cautious, thinking the announcement to be a result of hackers, crypto sleuths soon discovered the launch to be legitimate. Funds began to flow into the token 1 – 3 hours post-launch.
The memecoin’s legitimacy, fuelled by Trump’s popularity in the crypto space and his political position, drew traders who transacted a total volume of around $27Bn over the 24 hours after the token’s launch.
Solana price action
Solana rallied from $219.53 on Saturday morning to a high of around $290 on Sunday morning. However, the price did not close above the previous all-time high on the daily time frame.
Price fell slightly from the new all-time high Sunday afternoon as open interest levels on Binance declined.
SOL’s price has begun to recover and trades at $264.32 as of publishing.
The post Solana Set New All-Time High as TRUMP-Fuelled Rally Spurred Price Growth appeared first on CoinJournal.
Bitcoin hits $109,000 ahead of President-elect Donald Trump’s inauguration
- Bitcoin’s new high surpasses its previous all-time high of $108,000 reached in December
- President-elect Donald Trump was once critical of Bitcoin, claiming it seemed “like a scam”
- On the eve of his inauguration, Trump and Melania Trump launched their memecoins
Bitcoin soared to new heights, hitting over $109,000 ahead of President-elect Donald Trump’s inauguration.
The number one crypto asset reached its all-time high on January 20 as market sentiment remains optimistic about Trump’s plans for the crypto industry. The new high surpasses its previous record of more than $108,000 achieved in December.
Data from TradingView shows Bitcoin topped $109,036 around 6:55 am before dropping to $107,000 a few minutes later.
Trump mentioned Bitcoin in a Sunday speech, highlighting its record performance since the US election.
“Since the election, the stock market has surged and small business optimism has soared a record 41 points to a 39-year high,” Trump said. “Bitcoin has shattered one record high after another.”
Support for crypto
Once critical of Bitcoin who said that it “seems like a scam” a few years ago, Trump has since embraced crypto, showing his support for it during his presidential election.
During his campaign trail, he vowed to make the US the “crypto capital” of the world and has appointed several crypto-friendly candidates into his incoming administration. Some familiar names include Paul Atkins as the next US Securities and Exchange Commission (SEC) chair and crypto czar David Sacks.
Trump is also expected to sign an executive order prioritizing crypto when he enters the White House today.
On the eve of Trump’s inauguration, he launched his $TRUMP memecoin, which, at one point, was valued at $75 per coin, according to data from CoinMarketCap. At the time of publishing, it’s trading at $51 with a market cap of more than $10 billion.
Incoming First Lady Melania Trump also launched her memecoin, $MELANIA, which was trading at a high of $13. It has since dropped to $10 with a market cap of over $2 billion.
The post Bitcoin hits $109,000 ahead of President-elect Donald Trump’s inauguration appeared first on CoinJournal.