Key Market Insights for January 20th, how much did you miss out on?

By: blockbeats|2025/01/20 19:30:03
0
Share
copy

Top News

1.Polymarket Expects 58% Probability of Trump Creating Bitcoin Reserve Within 100 Days of Office

2.Bloomberg: Trump to Unleash "Series of Shocking Moves" on First Day in Office

3.Opinion: Trump Paves the Way for the Meme Coin Era, Expected to Last Until at Least 2028

4.Trump's Crypto Project WLFI Adds 5% Supply, Price Jumps to $0.05

5.Forbes: Trump's Meme Coin Issuance Sparks Major Legal Controversy

Trending Topics

Source: Overheard on CT (tg: @overheardonct), Kaito

FARTCOIN: FARTCOIN has emerged as a key player in the cryptocurrency market, with discussions emphasizing its rapid market cap growth, surpassing $2 billion without significant exchange listings. The coin is seen as a premium performer akin to TRUMP, with many traders shifting profits into FARTCOIN, anticipating further growth. Its appeal lies in its meme nature, decentralized control, and high return potential, making it a favorite among retail investors. The community holds an optimistic outlook on its future, especially post its listing on a tier-one exchange.

PHANTOM: Today, discussions about PHANTOM primarily focused on its significant surge in popularity, with its app becoming the second most popular utility in the U.S. iOS App Store. However, facing a surge in transaction requests, the platform is experiencing technical difficulties, largely due to the launch of Donald Trump's meme coin on Solana, causing network congestion. Users are encountering 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, the discussion around Coinbase mainly focused on its handling of Solana transactions, with many users expressing dissatisfaction with delays and suggesting alternative solutions. Many are also watching for Coinbase potentially listing the TRUMP meme coin, sparking debates about its market impact and role in the cryptocurrency ecosystem. Additionally, Coinbase CEO Brian Armstrong's call for a global Bitcoin reserve, as well as the company's efforts to deeper integrate Solana into its platform, became significant topics of discussion.

RAY: Today, the discussion around RAY centered on its key role in the Solana DeFi ecosystem, with Raydium generating fees in the past 24 hours surpassing Tether, highlighting its growing influence. The platform has been involved in trading popular meme coins like TRUMP and Fartcoin, with RAY being a crucial facilitator of these trades. Moreover, the overall sentiment is positive, with many users believing that as decentralized exchange volume on Solana continues to rise, RAY may continue its upward trend.

Threads & Tweets

1. Bitcoin contract and spot position analysis, @52kskew

Key Market Insights for January 20th, how much did you miss out on?

2. Market focus on what you need to know about DeFAI during TRUMP, @jinglingcookies

Featured Articles

1. "Two days before taking office, the Trump couple cashed out $65 billion from the crypto circle"

shushu&Penny, BlockBeats

Earlier today, Trump's wife Melania also launched her own namesake meme coin, MELANIA. The good news is, if you were awake and bought in, it's a 10x coin; the bad news is, all other coins crashed, including TRUMP halving, SOL dropping to 235, not to mention other altcoins, leading community members to exclaim, "Shorting is the only stable money-making opportunity."

2.《Gemini's E Person, the Origin of Trump's Outlandish Operation

Rhythm Worker, BlockBeats

How did the personality of a Gemini, ENTJ, guide Trump to make some outlandish coin issuance behavior? What will happen to TRUMP coin? With these questions in mind, we conducted research from the perspectives of astrology and MBTI, analyzing the logic behind Trump's coin issuance behavior, along with his post-inauguration considerations.

Biggest Gainer & Loser

Token price fluctuation on January 20, sorted by trading volume

Top Gainer

1. $MELANIA

2. $ELON

3. $XCN

Top Loser

1. $TRUMP

2. $ZEREBRO

3. $BAN

On-chain Data

On-chain fund movement on January 20

You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Overview of Important Market Events on June 16

Cursor, why did you get on Musk's spaceship?

SpaceX set a record with its IPO, spending a staggering $60 billion to acquire the popular AI programming unicorn Cursor just four days later. Musk is using the ultimate puzzle of "super computing power + top coding engine" to propel the market value skyrocketing, surpassing Amazon in one fell swoop...

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

This set of "beautiful rhetoric and value return to one's own people" has not stopped at charitable foundations; it has now almost been transferred intact to American Bitcoin.

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

The Federal Reserve announces its June rate decision tonight. Could gold break $4,500 next? Explore the latest gold price prediction, key Fed scenarios, and what they mean for XAUT and PAXG traders.

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

The most important question in the cryptocurrency industry is not which chain is the fastest, but rather where top builders choose to build in the long term. Ethereum has just surpassed one million cumulative developers; what does this number mean?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

Overview of Important Market Events on June 15

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com