Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
The TRUMP meme coin is rallying toward upward momentum and continues its movement to reach its key support level at $13 after a long time of consolidation. Now it is moving toward a fresh and new momentum. Both traders and investors are closely watching this coin to get a maximum recovery. If a successful breakout […]
A crypto whale suffered a $3.8M loss on $TRUMP tokens but bought back higher. Whales token moves raise questions about his decisions
The TRUMP dinner is making the headlines as a new wallet got 1.94M $TRUMP tokens withdrawn from Binance
A recent report by ChainPlay and Storible reveals that 78% of crypto investors bought president-endorsed meme coins, but two-thirds are now at a loss.
Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A substantial portion of his digital wealth is currently in a digital currency [...]
The post Donald Trumps Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump-Branded Tokens appeared first on Crypto Breaking News.
Donald Trumps new business idea, the World Liberty Financial (WLF), will be selling its tokens called WLFI starting Tuesday, in what can be considered the first token sale by a U.S. presidential candidate. As the United State of Americas presidential election is just three weeks away, this new $1.8 billion venture has sparked debate on […]
A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices plummet. The trading volume surge by the TRUMP token is more interesting in this scenario of high volatility and uncertainty. Related Reading: Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs Speculation Fuels TRUMP Token’s Rally Despite its sharp decline in price (down 16% in the last 24 hours), the TRUMP token managed to outdo XRP in trading volume. The rally in trading activity in TRUMP’s token has piqued the interest of the entire cryptocurrency community, with speculation pointing towards a very strong reaction of traders to the token, probably fueled by its political branding or hype around its speculative nature. Donald Trump, the 47th president of the United States, launched the meme coin Official Trump (TRUMP), which is based in Solana, over the weekend. Its price immediately reached highs close to $80, indicating that it was a huge success at launch. At the time of writing, TRUMP was trading at $35.69, with a 24-hour trading volume surpassing XRP’s. In particular, according to CoinMarketCap data, the meme coin has experienced $8.7 billion in trade activity, compared to XRP’s $8.3 billion. Since its inception on January 17, TRUMP has experienced an incredible $38 billion in trade activity, according to CryptoQuant data released on Wednesday. Notably, big sell-offs as momentum cools are probably the cause of the recent price’s sustained high trading volume. According to Dexscreener data, sale volume has recently surpassed buy volume. Meanwhile, XRP keeps growing steadily, while holding the number one spot of the top-ranked digital assets on the market. A short-term jump in trading volumes of the TRUMP token indicated a new shift in interest into tokens that bring more volatility and rewarding trading dynamics. XRP Standing Strong Although the TRUMP token managed to take a trading volume lead over XRP temporarily, it’s not easily replaced in the long run because of its years-long presence in the market. XRP, being an old cryptocurrency, has attracted followers and institutional investment and, thus, is relatively stable in the market. Related Reading: Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode The TRUMP token is, on the other hand, a recently introduced and relatively speculative asset whose trading volume peak may prove transitory and reliant on the whim of speculative traders rather than being based on sustainable investment. The contrast between the two tokensone propelled by excitement and the other by solid fundamentalsilluminates the divergent forces at work in the cryptocurrency market. Although XRP may be more resilient, the TRUMP coin is presently experiencing a brief period of excitement and even controversy, which highlights the market’s unpredictable nature and the factors that influence trading activity. Featured image from Gearbest, chart from TradingView
The ongoing TRUMP memecoin frenzy has sparked the creation of hundreds of tokens inspired by the US president and his family. A recent report revealed malicious tokens and dApps using Donald Trump references skyrocketed since Friday, targeting unsuspected investors and non-crypto people. Related Reading: Bitcoin Struggles For Direction Post-Trump Disappointment What Next? Trump-Themed Scams Skyrocket Over the weekend, US President Donald Trump surprised the crypto industry by launching his official memecoin, TRUMP. The token received heavy criticism, with several crypto investors calling the Presidents memecoin venture a big red flag. Many community members initially suspected the token was a hacking scam, while others expressed reservations about TRUMPs tokenomics. Regardless of the doubts, the memecoin eclipsed the market, skyrocketing to $30 in a few hours and hitting an all-time high (ATH) of $75 a day later. Web3 security platform Blockaid shared that TRUMPs successful launch also ignited a rapid proliferation of malicious tokens, fake dApps, and scams using the Trump name and branding, following the trend of scammers leveraging major news events in the crypto industry to target unsuspecting users. According to the report, tokens with the Trump name increased by 206% on the launch day. The report stated, Many of these tokens used misleading branding to lure investors. The chart shows that since late December, the number of new malicious tokens with the word Trump has hovered between 2,000 and 3,000 daily. However, this number increased to 6,800 tokens deployed on Friday, double the usual 3,300 Trump-inspired tokens created daily. Additionally, the number of fake dApps deployed saw record rates over the weekend. The malicious applications are often used to trick users into connecting their wallets, allowing scammers to drain funds. Blockaid reports that impersonator dApps using President Trumps name saw a 14x increase after the launch, with 91 malicious dApps deployed in 24 hours. Trump Memecoin Frenzy Continues The report highlighted that scammers didnt stop at Trump-themed tokens. Memecoins with metadata referencing the Trump family, including Melania and Barron-inspired ones, surged by 592% over the weekend, creating the illusion of an interconnected ecosystem. Its worth noting that US First Lady Melania Trump announced the launch of her official memecoin, MELANIA, on Sunday afternoon. The launch pushed the crypto market to a 6% correction, with Bitcoin (BTC) dropping below $100,000, and TRUMP declining 49% in an hour. On Inauguration Day, DexScreeners main page showed a plethora of memecoins inspired by the Trump Family. Of the top 15 tokens, 11 were related to the presidential family, including the official TRUMP and MELANIA memecoins. Fake Donald Trump Jr, Ivanka, and Eric memecoins were also launched, alongside Trump-related figures like US Vice President JC Vance and Elon Musk. Despite the several Musk-themed tokens already existing, the recently launched memecoins used branding inspired by the official Trump tokens. Related Reading: Analyst Says Bitcoin Is Entering Second Price Discovery Uptrend, Whats Ahead For BTC? Moreover, the Trump memecoin frenzy continued as the US President was sworn into office. A video shared on X shows that during Trumps inauguration speech, community members created several new tokens themed after the speech. Users flooded the market with dozens of memecoins using phrases like Make America respected again or America will be admired again just seconds after the US President pronounced them, potentially attempting to lucre from the ongoing hype. As of this writing, the official TRUMP memecoin trades at $37.6, a 1.4% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
US President-elect Donald Trumps Solana-based memecoin, TRUMP, sparks a trading frenzy fueled by high-profile trades and notable whale activity.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
