![BONK COIN PRICE PREDICTION [ A 30% AVERAGE PUMP !!! ]](/uploads/2025/01/30/cryptocurrencies-news/videos/bonk-coin-price-prediction-average-pump/image-1.jpg "BONK COIN PRICE PREDICTION [ A 30% AVERAGE PUMP !!! ]")
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
Cryptocurrency News Articles
Trump Digital Trading Cards Surge Despite Skepticism from Some Prominent Investors
Jan 29, 2025 at 11:09 pm
TRUMP-OFFICIAL (USD) traded just above $27 after hitting a high north of $73 the day before the inauguration. The coin's market cap currently stands above $5 billion.
Several cryptocurrencies linked to former President Donald Trump or his family experienced sharp declines over the weekend, while others continued to rise amid skepticism from some prominent investors — even those betting against the market.
Trump coin (TRUMP-OFFICIAL USD) fell to around $27.30 on Monday morning after hitting a high of over $73 the day before the inauguration. The coin's market cap was at $5.1 billion at the time.
Meanwhile, Melania coin (MELANIA-OFFICIAL-USD), which launched the day before the president took office, rose to a high of nearly $5 before falling to around $2.30 each.
Trump stock (DJT) rose 15% on Monday after the parent company of Truth Social announced it will expand into financial services and possibly buy bitcoin (BTC-USD) and other digital tokens.
Both Trump coin and Melania coin are available on FTX, a cryptocurrency exchange that filed for bankruptcy last year. The coins' websites state they "are not intended to be, or to be the subject of, an investment opportunity, investment contract, or security of any type."
In a recent interview with Yahoo Finance, Galaxy Digital CEO Mike Novogratz said he was "short seven figures" on Trump coin, a bet that the coin will continue to fall in value. At the same time, he said he was "skeptical" of the coin's staying power.
"I think it's a joke, but I'm not going to stand in the way of people having fun," Novogratz added.
Others were more skeptical of the coins' staying power, even among those betting against the market.
"I think retail is going to get left holding the bag on both of the Trump coins," Skybridge Capital founder Anthony Scaramucci said at the World Economic Forum in Davos, Switzerland.
Scaramucci, who was a former White House communications director during Trump's first term, added that he was "short a couple million" on both coins.
"I think they're going to go down, but I don't think they're going to stay," he said. "I think the rug's going to get pulled on both of them."
Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre.
Click here for in-depth analysis of the latest stock market news and events moving stock prices
Read the latest financial and business news from Yahoo Finance
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- 2025 Is Primed to Be an Adrenaline-Charged Year for Crypto, Where Every Twist and Turn Feels Like a Moment From a Blockbuster
- Jan 30, 2025 at 09:40 pm
- Institutional titans are throwing their weight behind digital assets, adoption rates are climbing faster than a meme coin during a bull run, and retail investors are flooding the market like it's Black Friday on the blockchain.
-
- SOL Faces a Potential 25% Drop Next Week, Raising Concerns Among Investors Tracking the Solana Price Trends
- Jan 30, 2025 at 09:40 pm
- Analysts point to potential selling pressure that may impact its short-term outlook. Meanwhile, Panshibi is gaining interest as traders look for assets with strong upside potential.
-
- Panshibi ($SHIBI): The New Meme Coin Stealing the Spotlight as Ethereum (ETH) Inches Closer to Falling to the $2,500 Mark
- Jan 30, 2025 at 09:40 pm
- As Ethereum (ETH) inches closer to falling to the $2,500 mark amid bearish technical signals. A new meme coin, Panshibi ($SHIBI), is stealing the spotlight with experts forecasting 10X gains in its debut week.
-
- Skyren DAO (SKYRN) Redefines Staking, Offering 36% APY and Unmatched Flexibility
- Jan 30, 2025 at 09:40 pm
- Ethereum 2.0 introduced staking as a core feature, allowing users to earn rewards while helping secure the network. However, despite its benefits, Ethereum staking comes with significant barriers, such as high entry requirements and locked funds. Skyren DAO (SKYRN) offers a powerful alternative, delivering flexibility, accessibility, and an impressive 36% APY for stakers.
-
-
-
- Bitcoin Faces Major Correction Fears as Gold Outperforms with 20% Annual Gains
- Jan 30, 2025 at 09:40 pm
- Bitcoin, despite a 10% increase since January, may face a major correction as gold outperforms with annual gains of 20%. This inverse dynamic between the two assets raises fears of an imminent reversal in the crypto market.
-
-
- Skyren DAO (SKYRN) Presale: A Smarter Choice for Long-Term Crypto Growth
- Jan 30, 2025 at 09:40 pm
- Cryptocurrency offers countless ways to diversify investments, and Skyren DAO (SKYRN) and Trump Coin (TRUMP) are two options that have captured the spotlight. While Trump Coin capitalizes on political branding and meme culture, Skyren DAO focuses on revolutionizing decentralized finance (DeFi).
