2025, Jan 15 - Jan 21

This Thursday, Bitcoin has briefly hit $100,000 after a very nice recovery from $89,000 just 3 days ago. It was expected to hover around the high 90’s and resulted above and beyond. XRP has been seeing very big hype along with BTC as it increased 44.47% in the last 7 days. Mr.  Trump hinted at the US strategic reserve currency for not only BTC but also others like USDC, Ripple and some even say Solana? Former SEC, Paul Atkins in the Bush Administration, is a very pro crypto, and will replace current SEC Gary Gensler after Trump takes office. On top of that, Trump plans to designate Bitcoin as a “National Priority,” jumping the price of over $105,000. The Official Trump Meme Coin has been launched on the Solana chain and has been up already over 900%. Whether this is a good path for politics to be involved in the meme coin sector, investors have been hyping over the Official Trump Meme Coin, but also has been sucking up some liquidity from other meme coins like $SKI and $BRETT. I personally do not think making this meme coin was the best way to present a love for crypto. Yes, this can create more liquidations and get more investors to be involved, but from a professional standpoint, this could ultimately end up with more divided views especially with the President being the face of the market. Perhaps a utility coin would have been a much more beneficial path for the US government as a whole to develop into an inclusive and less risky tool. Nevertheless, crypto investors are somewhat FOMOing into the coin, but unless it was bought in as early as two nights ago when it was launched, $TRUMP may reach new all time highs, (but of course may not as well). This has majorly disrupted the ETH and BAS chain, and most importantly, more than 80% is owned by the Trump Camp and only 20% is circulated by the community. In the meme coin standards, the more circulation in a community means, the better, because these currencies essentially have no meaning other than the investor groups’ entertainment. The opposite goes with Trump. It was obviously only for the hype, right before his Inauguration, and influencers assumed to be a personal “rug pull scheme.” Although I don’t think it will exactly be a complete scam, I just don’t see this coin as a great way of starting the Trump Administration, especially with an already natural bullish cycle. $TRUMP is feared that it will create an even bigger anti-crypto community, even with the current ultra pro-crypto America. This Sunday, First Lady Melania Trump tweeted her own meme coin with a $5 billion market cap of just entering the market. This shook the market even more as $TRUMP went from $75 to $39, in just minutes. The family crypto chain seems legitimate but the market must look out for any movement. It is very possible for the Trump Coins to continue the rallies especially with the President’s plan for crypto, but this just totally altered the image for crypto. The uncertainty is through the roof but most are somewhat bullish. This is an incredibly negative move for the general altcoin market and can possibly hurt the natural movements of Bitcoin, since it is taking all the attention away. Bitcoin has seen a pull back to $101,000. This can even be unhealthy for the short term because of the imbalance of the meme coin’s market cap compared to others. The market was left very confused days before Inauguration and simply is insanity. Eric Trump’s tweet of supporting the coin makes it even worse because it shows the “legitimacy” of the coin. Just because $TRUMP is ultra bullish does not mean it is a bullish result of the BTC and crypto but also if it plummets down like some similar meme coins, the US Government is fundamentally admitting their invalid view of crypto, thus cancelling the full potential of this “super cycle.” On the side note, the Trump coins have already resisted crypto’s capacity this year, only being the 3rd week in 2025. 

On January 20, President-Elect, Donald Trump was inaugurated as 47th President. Despite the hype, crypto holders were a bit skeptical that he did not talk about his plans on making Bitcoin the national strategic reserve currency, nor did he even mention crypto. It would have been a lot less professional to bring this topic up in Washington DC, since BTC has seen a major dip to just above $101,000, after hitting an all time high of almost $110,000. Afterall, President Trump did not in fact make BTC as his promises stated in his rallies, and ended the day of inauguration a somewhat disappointed crypto market, on top of the meme coin instability. This still does not mean that the bull run is over though.