Cryptocurrency Daily Thefoxposts.com

Donald Trump, the president of the United States and convicted felon, has embraced crypto. He’s expanded his personal business ventures into the industry and has found ways to embrace it from the Oval Office, issuing executive orders and promising legislation. Protos has tried to summarize the various connections between the cryptocurrency industry and the president’s family.  This raft of projects shows the willingness of the Trump family to cash in on their name. World Liberty Financial World Liberty Financial purports to be a DeFi-focused firm that has launched a stablecoin and maintains a portfolio of tokens.  The project named Donald Trump Sr. as its “chief crypto advocate” and his three sons as its “Web3 ambassadors.” Donald Trump Jr. and Eric Trump, two of the aforementioned sons, were previously implicated in an investigation of the Trump Organization that resulted in the brothers receiving a ban from serving as ...

The gambling mentality is becoming the dominant mindset among crypto traders amid a surge in memecoin discussions, according to analytics firm Santiment. In a new report, Santiment says that memecoin mindshare is making a comeback despite the recent high-profile collapses of several assets in the sector. Santiment says that the rise in memecoin-centered discussions on social media suggests an increase in speculation and short-term investing mentality. “Memecoins, in particular, are once again gaining considerable attention. Online discussions about these high-risk tokens have proliferated as traders embrace a ‘gamble’ mindset, rather than a calculated investment approach. Notice how social volume has been creeping up for top market cap meme coins, and declining for layer-1s and layer-2s. This is a telltale sign that traders are increasingly investing based solely on speculation and short-term gains.” Source: Santiment Santiment says that...

A closely followed crypto analyst believes one Solana (SOL)-based meme token is gearing up for further swings to the upside. Pseudonymous trader Altcoin Sherpa tells his 244,000 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) will likely break through the $1 resistance level after putting up massive gains in the past month. However, he says the meme asset may first return to the .382 Fibonacci retracement level at $0.70. Fibonacci retracement levels are used in technical Analysis for determining an asset’s support and resistance levels. “Don’t have much of an opinion on Fartcoin at current level; would probably wait to buy on a break of $1 or at $0.70. Still think this one goes much higher later but not sure in the short term. Regardless, hot air rises and this is the meme of the cycle in my opinion.” Source: Altcoin Sherpa/X Fartcoin is trading for $0.871 at time of writing, up 220% ...

President Trump’s official memecoin (TRUMP) is about to go through a massive token unlock worth about $341 million. According to crypto tokenomics data aggregator Tokenomist, 40 million TRUMP tokens will be unlocked on the open market on April 18th. With 199 million TRUMP tokens currently in circulation, the unlock represents about 20% of the memecoin’s circulating supply. TRUMP currently has a market cap of $1.69 billion and a fully diluted valuation (FDV) of $8.48 billion. Token unlocks are often considered bearish for crypto assets, given that new supply will soon be available and sell pressure may be higher. Like most digital assets, TRUMP suffered recently following the escalation of the president’s trade war, starting when he signed an executive order that slapped tariffs on all imported goods entering the US with the stated goal of protecting domestic manufacturing. Despite the unlock, cryptocurrency trader and analyst Ali Martinez is l...

Valentine’s Day is upon us again and whether you’re planning to launch a memecoin with your nearest and dearest (Donald Trump-style), or take a much-needed couples vacation to a volcano paradise run by a ruthless dictator, it’s time to treat the one you love.  Whatever you decide to do, Protos has you covered for a suitably sentimental card which is the perfect way to prove that you’re capable of loving another human being. Click to enlarge and start spreading some crypto-tinged love. Read more: Artist who paints with his penis launches memecoin to ‘flip crypto script’ So, don’t spend the year’s most romantic day filming the love of your life from a distance like a creep — we know what you did Ansem. Send them one of these instead. Just remember, they’re pretty hot stuff so use them wisely. Happy Valentine’s, love birds xoxox. Got a tip? Send us an email or Proton...

The cryptocurrency market is famous (or infamous) for its volatility, which can be very rewarding (or punitive) in trading activities. A crypto trader, for example, had a taste of both of the two worlds, going from $270,000 of unrealized losses up to a $4.5 million in unrealized gains – all within a day. This impressive comeback story was first reported by Lookonchain, in a post on X on January 23. The trade was with VINE, a recently launched Solana-based memecoin on pumpdotfun . On that note, pumpdotfun is a platform that became known in Solana (SOL) for hosting thousands of memecoin rug pulls. How the crypto trader turned $270,000 losses into $6 million gains in a day As reported, the trader first turned 20 SOL into 23 SOL with a quick trade of 1 million VINE. Right after selling it, however, VINE surged, causing the trader to ‘FOMO’ back in, buying far more at higher prices. Picks for you ...

China gave a curiously generous amount of support to US President Donald Trump’s largest crypto project, TRUMP. In the critical hours of its weekend debut, Chinese traders and Chinese-founded exchanges led trading activity in the memecoin. Around 9pm New York time on Saturday, January 18, Trump launched TRUMP on Solana’s blockchain via Moonshot, a fiat onramp and wallet provider. His website accepted both crypto and fiat denominations, including credit and debit cards. Debuting on non-custodial exchanges like Jupiter and Raydium, the token rallied from below $1 to over $75 overnight — imputing a $75 billion fully diluted valuation on its maximum supply of 1 billion tokens. Due to the prominence of what had quickly become the world’s second-largest memecoin — ranking by Sunday morning beneath only Dogecoin (DOGE) itself — centralized exchanges scrambled to list it. China led the charge. Chinese crypto exchanges lead TRUMP listings Although TRUM...

The team behind President Donald Trump’s crypto operations reportedly sent nearly a hundred million dollars worth of the TRUMP meme token to digital asset exchanges. According to blockchain analytics firm Arkham, Trump’s team has so far sent $92 million worth of TRUMP to crypto exchanges Arkham notes that the Trump team locked up 80% of the supply, with 10% reserved to provide liquidity and another 10% planned for public distribution. “100 million TRUMP was sent to the TRUMP Liquidity Provider, which added liquidity on Meteora. 8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb another 10% was split between three wallets: Initial TRUMP Deployer (kept 14 million TRUMP) 5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7 TRUMP Team Wallet 1 (received 56 million TRUMP) 2Fe47zbh8svDNGNehFy1NY8bsjQNtomvKFuq1jNgWSkv TRUMP Team Wallet 2 (received 30 million TRUMP) 7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE” Source: Arkham/X Arkham says that just ho...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto projects. Therefore, investors should consider Best Wallet...

A memecoin based on the name and likeness of a baby hippopotamus in a Thai zoo is stumbling at the gates following a new Coinbase listing. Yesterday, Coinbase announced the listing of Moo Deng (MOODENG), a Solana (SOL)-based memecoin. “Moo Deng (MOODENG) is now live on //coinbase.com & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.” Moo Deng is the name of a baby pygmy hippopotamus born in the Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand, this past summer. The hippo has become an internet sensation, inspiring memes and memecoins alike. Moo Deng means “bouncy pork” in Thai. Our favorite bouncy pork a.k.a Moo Deng ??#moodeng @KhaokheowZoo @MooDengSOL pic.twitter.com/5cJl9oJD82 — Moo Deng (@moodengx) December 1, 2024 In November, Moo Deng went viral again by correctly “predicting” the outcome of the 2024 U.S. Presidential Election. D...

A closely followed economist believes one popular Solana (SOL)-based memecoin may soon have an explosive breakout. Henrik Zeberg tells his 166,100 followers on the social media platform X that dogwifhat (WIF) may increase in the near-term by more than 337% from its current value. The analyst uses the Elliott Wave Theory to forecast a massive run for WIF. The theory states that an asset tends to witness a five-wave rally with wave three being the longest and the strongest move up. “Now get ready for the even bigger move. WIF seems to have concluded wave two and is now setting up for monster move. Next level in few weeks time around $12-$13!” Source: Henrik Zeberg/X In September, the analyst said WIF may soar to as high as $79.26 this cycle after breaking out of a key level. According to Elliott Wave principles, an ABCDE triangle indicates consolidation in an uptrend market could spark a strong rally once it is completed. “WIF: are you onboard? ...

One of the top-performing cryptocurrencies on the market right now is Dogecoin (DOGE). The memecoin has increased by 235.6% over the past month, 26.2% on the daily charts, 128.3% on the weekly charts, and 122.9% on the 14-day charts. Since November 2023, DOGE’s price has likewise gone up by 376.6%. The project is now the sixth-largest cryptocurrency project with a market capitalization of nearly $61 billion. Also Read: Trump To Appoint Pro-Crypto Candidates for Key Federal Agencies Source: CoinGecko Why Is Dogecoin Rallying? DOGE’s rally is likely due to a few developments that have taken place over the last few days. Firstly, Donald Trump won the U.S. Presidential election, triggering a market-wide rally. Bitcoin (BTC) hit a new all-time high earlier today and is inching closer to the $90,000 mark. Also Read: Microsoft: MSFT $13B Investment Called ‘Best Money Ever Spent’ Source – Bitcoin.com Secondly, Elon Musk, one of Trump’s most significant endorsers, wants t...

Popcat (POPCAT) is currently the best-performing cryptocurrency among the top 100 projects by market cap. Source: CoinGecko The cat-themed memecoin has rallied by 14.6% in the last 24 hours, 3.8% in the weekly charts, 35.1% in the 14-day charts, and 91% over the previous month. Dogecoin (DOGE) follows closely in second place, rallying 10.1% in the daily charts and 24.3% in the weekly charts. Also Read: Netflix Stock: A Profit of $380,000 Could Have Been Yours: Here’s How Factors Driving Popcat’s Rally Why Is Popcat Rallying? The asset’s latest rally could be due to memecoins taking center stage over the last few weeks. Other memecoins, such as Floki (FLOKI), Shiba Inu (SHIB), dogwifhat (WIF), Pepe (PEPE), etc., are also topping the charts. Investors may be moving their funds from mainstream cryptocurrencies to memecoins, such as Popcat, ahead of the US elections. Analysts anticipate a market rally in the days following the elections on Nov. 5, 2024. Market participants may b...