Solana soars in January after President Trump sparks meme coin frenzy: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin and Solana's SOL token rise in January after President Trump's crypto projects and policy moves drive investors into the crypto market. But hedge fund Elliott Management reportedly warns that Trump's crypto dealings could spell trouble for crypto in a downturn. So, Crypto World takes a look at how President Trump sparked a resurgence in meme coin activity, and and why some in the industry are worried about the impact Trump's tokens could have. Chapters: 00:00 - CNBC Crypto World, Jan 29, 2025 0:25 - Bitcoin dips 1:04 - The headlines 3:12 - Trump's meme coin craze For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #cnbctv Solana soars in January after President Trump sparks meme coin frenzy: CNBC Crypto World