Top News
2.Bloomberg: Trump will "launch a series of shocking measures" on his first day in office
3.Viewpoint: Trump opens a new era of MEME coins, which will last at least until 2028
4.Trump's crypto project WLFI adds 5% supply, price rises to $0.05
5.Forbes: Trump's issuance of MEME coins sparks major legal controversy
Trending Topics
Source: Overheard on CT (tg: @overheardonct), Kaito
FARTCOIN: FARTCOIN has become an important participant in the crypto market, with discussions emphasizing its rapid market cap growth, surpassing $2 billion without major exchange listings. The coin is seen as a performer like TRUMP, with many traders shifting profits to FARTCOIN, expecting further growth. Its appeal lies in its meme nature, lack of centralized control, and high return potential, making it a favorite among retail investors. The community is optimistic about its future, especially after gaining tier-1 exchange listings.
PHANTOM: Today's discussions on PHANTOM focused on its significant rise in popularity, with the application becoming the second most popular utility tool in the US iOS app store. However, due to a surge in transaction requests, the platform is facing technical difficulties, mainly due to the launch of Donald Trump's MEME coin on Solana, causing network congestion. Users are facing issues with transaction processing and balance updates, leading to widespread dissatisfaction. Despite these challenges, PHANTOM's role in the Solana ecosystem and its user-friendly interface continue to attract new users.
COINBASE: Today's discussions on Coinbase centered around its handling of Solana transactions, with many users expressing dissatisfaction with the delays and suggesting alternative options. There was also significant focus on the possibility of Coinbase listing the TRUMP MEME coin, sparking debates about its impact on the market and Coinbase's role in the crypto ecosystem. Additionally, Coinbase CEO Brian Armstrong's call for global Bitcoin reserves and the company's efforts to further integrate Solana into its platform were important topics.
RAY: Today's discussions on RAY focused on its crucial role in the Solana DeFi ecosystem, with Raydium generating more fees than Tether in the past 24 hours, highlighting its growing influence. The platform has been involved in the trading of popular MEME coins like TRUMP and Fartcoin, making RAY a key facilitator of these transactions. Furthermore, the overall sentiment is positive, with many users believing that RAY is likely to continue its upward trend as decentralized exchange trading volumes on Solana increase.
Threads & Tweets
1. Bitcoin futures and spot position analysis, @52kskew
2. Market focus on all you need to know about DeFAI when it comes to TRUMP, @jinglingcookies
Featured Articles
1. "Two days before taking office, the Trump couple cashed out $65 billion from the crypto market"
shushu&Penny, BlockBeats
2. "The Gemini twins, the source of Trump's outrageous operations"
BlockBeats Intern, BlockBeats
Top Gainers & Losers
Token price movements on January 20, filtered and ranked by trading volume
Top Gainers
1.$MELANIA
2.$ELON
3.$XCN
Top Losers
1.$TRUMP
2.$ZEREBRO
3.$BAN
On-Chain Data
On-chain capital flow on January 20
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