Close Menu
Cryprovideos
    What's Hot

    Solana Key Indicator Flashes Purchase Sign On Every day Chart – Rally Forward?

    June 7, 2025

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Billion-Greenback Financial institution Sending $3,125,000 To Prospects Over Alleged Breach of Contract, Improper Overdraft Charges – The Each day Hodl

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Group Reacts to Trump and Melania Meme Cash as Market Sinks – Decrypt
    Crypto Group Reacts to Trump and Melania Meme Cash as Market Sinks – Decrypt
    Crypto News

    Crypto Group Reacts to Trump and Melania Meme Cash as Market Sinks – Decrypt

    By Crypto EditorJanuary 20, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Crypto Group Reacts to Trump and Melania Meme Cash as Market Sinks – Decrypt

    Meme cash have formally entered the halls of energy. 

    Only a day earlier than President-elect Donald Trump’s inauguration because the forty seventh U.S. President, he and his spouse, First Woman Melania Trump, have dropped their meme cash, Official Trump ($TRUMP)  and Melania Meme ($MELANIA), sparking a frenzy of reactions on Crypto Twitter. 

    $TRUMP climbed to a totally diluted valuation (FDV) of $72 billion whereas $MELANIA surged over 12,000% inside hours of the launch, per DexScreener knowledge.

    Nonetheless, the meme coin debuts siphoned liquidity from the broader crypto market, leaving Bitcoin (BTC) regular and altcoins struggling to recuperate.

    Fashionable meme cash corresponding to Dogecoin (DOGE) and Shiba Inu (SHIB) every slipped round 7% and 6%, respectively, within the final 24 hours, whereas Pepe Coin (PEPE) noticed a fair steeper drop, falling 12.6% as per CoinGecko knowledge.

    Amid the chaos, opinions diversified wildly—from pleasure about mass adoption to sharp critiques of ethics and execution.

    Arthur Hayes, co-founder of BitMEX, rallied merchants to push $TRUMP to a $100 billion market cap. “Degens, let’s have a good time the emperor by sending his meme coin to 100 Billy by Monday,” he wrote on X (previously Twitter).

    Dangerous transfer for crypto?

    Others condemned the transfer as exploitative and unethical. Coffeezilla, a YouTuber identified for exposing crypto scams, didn’t maintain again:

    “80% of tokens vest to insiders DURING the presidency… “needs to be” a criminal offense, however crime is authorized now, I suppose?” he stated, blasting the meme coin debuts.

    Alpha Prime Capital founder William Scythe accused Trump of prioritizing private acquire over public service:

    “This can be a very unhappy day for America when the President realizes he can rip-off individuals himself, going from probably the most anti-crypto to a crypto maniac… scamming his MAGA cult with $TRUMP coin,” Scythe wrote.

    Melania’s $MELANIA token confronted even sharper backlash. Conor Grogan, head of product enterprise operations at Coinbase, famous:

    “This token was dealt with by a much less skilled group… the creator pockets was funded by way of a Solana memecoin launchpad.”

    For some, like Caitlin Lengthy, CEO of Custodia Financial institution, the incident hinted at future regulatory shifts:

    “WELL, one of many unintended effects of meme-coining is that Trump now has an actual incentive to vary the taxation of #crypto within the US,” Lengthy tweeted.

    One step ahead, two steps again

    For others, the second represented a step backward:

    “This isn’t onboarding. This isn’t schooling. This isn’t how we construct a greater future. Now we have to do higher,” lending platform ZeroLend’s co-founder Gafoor Khan wrote on X.

    Many merchants mirrored on SEC Chair Gary Gensler’s previous warnings. Pseudonymous crypto dealer Ash Crypto tweeted: “I feel all of us have to say this: we’re sorry Gary Gensler, you had been proper, our house is a joke.”

    But amid the chaos, Daan Crypto struck a hopeful observe in regards to the mid-term prospects:

    “I feel the market would possibly take pleasure in this greater than you suppose within the weeks to return,” the crypto dealer wrote. “Particularly when one thing occurs the place they bring about the Trump coin to a number of chains (together with ETH), which might make the whole market go loopy.”

    Edited by Sebastian Sinclair

    Every day Debrief E-newsletter

    Begin each day with the highest information tales proper now, plus authentic options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Holonym's Human Community: Remodeling Crypto Onboarding with Human-Pleasant Keys

    June 7, 2025

    Why Coinbase Introduced Dogecoin and XRP to Ethereum Community Base – Decrypt

    June 7, 2025

    Greatest New Crypto Cash to Purchase as Merchants Gear Up for the Subsequent Altseason Rally

    June 7, 2025

    Crypto Betting Platform Polymarket Turns into ‘Official Prediction Market Associate’ for Elon Musk’s X – The Day by day Hodl

    June 7, 2025
    Latest Posts

    Bitcoin (BTC) Worth Prediction for June 7

    June 7, 2025

    Are We Witnessing the Last Bitcoin Cycle as We Know It?

    June 7, 2025

    Bitcoin Golden Cross Sample Says The Crash To $100,000 Is Regular – What To Count on Subsequent

    June 7, 2025

    Is a Bitcoin value rally to $150K attainable by yr's finish?

    June 7, 2025

    The most effective DOGE and BTC cloud mining platform in 2025, simply earn $16,777 a day

    June 7, 2025

    Bitcoin Holds Above $100K, However Analyst Sees Bother Brewing

    June 7, 2025

    Pepe Worth Prediction: $PEPE Declines as Bitcoin Hyper Emerges as a Prime Presale Decide

    June 7, 2025

    Circle Inventory Climbs: CRCL Quadruples IPO Value as Bitcoin Regains – Decrypt

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Insiders Money Out $107,000,000 in Crypto Earlier than Memecoin Backed by Argentinian President Collapsed: Lookonchain – The Day by day Hodl

    February 16, 2025

    Bleeding Edge DeFi Crypto Lunex Community Surprises Even Hardiest of ETH and BTC Proponents

    December 3, 2024

    Binance Launches 'Phrase of the Day' Sport That includes Bitcoin Euphoria

    December 2, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.