ALL TIME HIGH for Bitcoin and Crypto Ahead of Trump's Inauguration

CryptosRUs

Crypto Market Update

The crypto market has experienced a significant surge, with Bitcoin reaching an all-time high of $109,000 and the overall market cap hitting $3.56 trillion. This increase is attributed to various factors, including the launch of Trump and Melania's meme coins.

Trump and Melania's Meme Coins

Trump's meme coin has a market cap of $10 billion, with a fully diluted value of $51 billion. Melania's coin, launched a day later, has a market cap of $2 billion and a fully diluted value of $8.45 billion. The launch of these coins has sparked debate and speculation about their impact on the market.

Market Expectations

The host expects the market to continue growing, with potential gains in various coins, including Solana, XRP, and ADA. The launch of Trump and Melania's meme coins may have opened the door for other celebrities and politicians to create their own coins.

Upcoming Events

The host mentions several upcoming events that could impact the market, including:

  • Trump's inauguration and potential executive orders related to crypto
  • Jobless claims and bank rate hikes
  • The potential launch of new meme coins

Q&A Session

The host answers various questions from viewers, including:

  • The potential for Elon Musk to launch his own meme coin
  • The impact of Trump and Melania's coins on the market
  • The possibility of other celebrities and politicians launching their own coins
  • The host's own plans for launching a meme coin, which he says will be used to reward users and subscribers

Market Analysis

The host analyzes the market trends, noting that:

  • The top 25% of the top 100 coins on CoinMarketCap may be meme coins by the end of the cycle
  • American-based projects are expected to perform well, but other projects like V-Chain and Injective are also showing promise
  • The host is bullish on Solana, XRP, and ADA, but not on Harmony due to concerns about the team's actions after a hack.