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Showing posts with the label president trump

President Trump’s Memecoin Braces for $341,000,000 Token Unlock After Three-Month Downtrend

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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...

Crypto Whale’s Losses on TRUMP Memecoin Balloon to $15,700,000 After Exiting Three Losing Trades in a Row

A crypto whale is booking millions of dollars in losses after making several Official Trump (TRUMP) trades. According to blockchain tracking platform Lookonchain, the whale’s losses have ballooned to nearly $16 million on his TRUMP memecoin trades this month. “This whale sold 743,947 TRUMP ($7.92 million) at $10.66 [Friday] – taking another $3.3 million loss on TRUMP! He only profited on his first TRUMP trade. The next three were all losses, bringing his total loss to $15.7 million.” Earlier this month, Lookonchain noticed that the same whale at first made nearly $12 million on his initial TRUMP trade, before suffering the large losses. “This whale made $11.82 million on his first TRUMP trade, lost $24.35 million on the second, and took another $201,000 loss on the third! Now, he’s back-spending $11.28 million to buy 777,684 TRUMP at $14.50. Will he turn a profit this time?” Other whales are also looking at losses on their rec...

Bitcoin (BTC) To Hit New All-Time High Of $159,000: Here's When

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Bitcoin (BTC) faced a significant price correction on Monday, Feb. 3, 2025. The asset fell below $93,000. BTC made a recovery in the early hours of Tuesday, Feb. 4, 2025. The asset briefly reclaimed the $100,000 but has since fallen to the $98,000 level. Source: CoinGecko Also Read: Elon Musk’s D.O.G.E. Accused of Misusing Treasury Data in New Lawsuit Why Is Bitcoin Surging Today? Source: Watcher Guru BTC faced a correction on Monday following President Trump’s tariffs on Canada and Mexico. Investor sentiment took a massive hit. The cryptocurrency market faced substantial liquidations as a result of the tariffs. BTC recovered on Tuesday after President Trump paused tariffs for 30 days. The crypto market could make a recovery if the taxed countries can deliver on President Trump’s demands. Also Read: Top 3 Cryptocurrencies Predicted To Hit New All-Time Highs Soon Will The Original Cryptocurrency Hit A New All-Time High? According to CoinCodex, Bitcoin (BTC) will surpass its a...

‘Rich Dad’ Kiyosaki’s top 3 market predictions for 2025

Robert Kiyosaki, a billionaire by debt and author of the best-selling personal finance book ‘ Rich Dad Poor Dad,’ is well known for making bold and frequently provocative predictions on his social media pages and most commonly on Elon Musk’s X. In 2024, some of his longest-standing – if frequently vague – predictions came true, providing many of Kiyosaki’s followers with stellar returns on long positions involving Bitcoin (BTC) and gold. On the flip side, the author’s other prediction didn’t fair half as well, as evidenced by the fact the U.S. equity markets are near their all-time highs, and the American dollar is still worth somewhat more than the paper it is printed on. Picks for you Bitcoin up 400% since Trudeau mocked political opponent for telling people to ‘buy BTC’ 45 mins ago ...