Trump & Melania Launch Memecoins

🚀 Trump and Melania’s Crypto Clash

Trump’s $TRUMP Coin Takes Off: Donald Trump’s memecoin made waves after launching on Solana, skyrocketing to a $4bn market cap within hours. While it spiked excitement, critics called the 80% insider token allocation during his presidency “predatory,” while others saw it as a bold move to legitimize crypto. Solana trading hit record highs as $TRUMP stole the spotlight.

Melania’s $MELANIA Shakes Things Up: Just as $TRUMP gained traction, Melania Trump launched her own rival memecoin, $MELANIA, which quickly hit a $5.69bn valuation. With fewer insider tokens (35%) and a shorter 13-month vesting period, it grabbed attention and sent $TRUMP’s value tumbling by 48% before it rebounded slightly.

What It Means for Crypto: The Trump family’s sudden plunge into memecoins sparked mixed reactions. While some see it as a gateway to bring new users into crypto, others worry it could tarnish the industry’s reputation. Analysts predict wild swings ahead as these coins dominate headlines. Read More.

️ On today's Top Picks:

  1. ⚡ Vitalik Buterin details 'large changes' to Ethereum Foundation.
  2. 👀 Mark Cuban considers issuing a memecoin similar to $TRUMP.
  3. 🪂 Eclipse introduces Eclipse Foundation; airdrop potentially soon.
  4. 🤖 Linea identifies ~476K sybil addresses in partnership with Nansen.

Read time: ⏰ 3-9 minutes


Crypto News


• ⭐️ US President Trump launches Official Trump $TRUMP; US First Lady Melania Trump launches Melania Meme $MELANIA.

• Digital Asset Investment Products saw $2.19B of inflows last week; Bitcoin $BTC saw inflows of $1.9B, Ethereum $ETH saw inflows of $246M, & Solana $SOL saw inflows of $2.5M.

• Bitcoin $BTC reached new all-time high of ~$109K on January 20th.

• ⭐️ Ethereum Co-Founder Vitalik Buterin $ETH details 'large changes' to Ethereum Foundation leadership; some changes already executed & some still in progress.

• Ethereum Foundation $ETH allocates 50K Ethereum worth ~$160M to participate in Ethereum DeFi; ETH stored on 3-of-5 multisig Safe wallet.

• Ethereum Foundation $ETH sells 100 Ethereum worth ~$330K; Ethereum Foundation has sold 200 ETH for ~$670K so far this year.

• Solana $SOL reached new all-time high of ~$293 on January 19th.

• ⭐️ Mark Cuban considers issuing a memecoin similar to Official Trump $TRUMP; revenue from the sale would go to the US Treasury.

• US President Trump's World Liberty $WLFI buys $47M of Bitcoin $BTC, $47M of Ethereum $ETH, $4.7M of Aave $AAVE, $4.7M of ChainLink $LINK, $4.7M of Tron $TRX, & $4.7M of Ethena $ENA.

• US President Trump's World Liberty $WLFI presale of 20% of WLFI supply sells out; opens additional sale of 5% of WLFI supply.

• Tron Founder Justin Sun $TRX buys $45M worth of US President Trump's World Liberty $WLFI; Sun's total investment now up to ~$75M.

• Elon Musk says Ross Ulbricht will be freed with a presidential pardon from Donald Trump.

Alpha


• ZKsync Ignite Program Airdrop Strategy by Earndrop.

• ⭐️ Eclipse introduces Eclipse Foundation; to potentially launch TGE & airdrop soon.

• Abstract posts "Mainnet soon..." on X; to launch TGE & airdrop soon.

• Symbiotic posts "mainnet is loading" on X; to launch TGE & airdrop soon.

• ZKsync launches Period 2 of ZKsync Ignite Program; ~9.5M $ZK up for grabs.

• BOB launches Fusion Lunar New Year campaign; open Red Envelopes to earn Spice.

• DeBank launches Puffer $PUFFER Airdrop Hunter Web3 Badge; users who received PUFFER airdrop & are verified non-sybil are eligible to mint.

Airdrops


• ⭐️ Linea identifies ~476K sybil addresses; adds addresses to existing sybil blocklist which won't receive LXP airdrop allocations; appeal form available for 2 weeks.

• Plume to launch $PLUME airdrop claim soon; early adopters, testnet users, pre-deposit stakers, & more are eligible.

• Nillion launches $NIL airdrop eligibility checker; Verifier Program participants, various community members, developers & more are eligible; registration closes February 3rd.

• Orbiter launches $OBT airdrop claim; Orbiter Points holders are eligible; claim scheduled in 3 phases.

• Analog launches $ANLOG airdrop claim; testnet users are eligible; claim by June 19th.

• ICYMI Weekly Airdrop Recap by Earndrop.

• ICYMI Nansen Airdrop Strategy by Earndrop.

Finance News


• US President Trump selects Mark Uyeda as acting US SEC chair; Uyeda previously an outspoken champion of the crypto industry; Trump nominee Paul Atkins to lead SEC when approved.

• US President Trump selects Caroline Pham as acting US CFTC chair; Pham previously led multiple digital asset initiatives at the CFTC; a permanent chair has yet to be named.

• Circle CEO Jeremy Allaire says US President Trump may soon sign an executive order to make it easier for banks to own digital assets.

• Rumble $RUM buys $20M of Bitcoin $BTC as part of treasury strategy; plans to increase its Bitcoin holdings in the future.

Security and Exploits


• SlowMist posts Weekly Security Report highlighting ~$521K in total reported losses; multiple contract vulnerabilities & account compromises reported.

• Threat Actors target Homebrew with fake sponsored Google links to distribute malware; malware designed to steal crypto wallet data & drain assets.

• Malicious VPN Extensions found to be spying on users; the extensions used obfuscation techniques to bypass Google's remote code execution restrictions.

• Hewlett Packard Enterprise investigates claims of breach; threat actor claims they stole documents from the company's developer environments.

• Revoke[.]cash adds support for ink.

Token Unlocks


• Ethena $ENA / ~$11M / JAN 22nd
• Immutable $IMX / ~$28M / JAN 24th
Sourced from Tokenomist


Funding


• Oshi raises $12.5M in funding led by Polychain & Superscrypt.

• Grix raises $1.1M in Seed funding from several investors.

• DuckChain raises undisclosed amount in Strategic funding from OKX Ventures.

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PROTOCOLASSETSAPY
Orca logoOrca (Solana)USDCUSDT96.27%
SmarDex logoSmarDex (Ethereum)SUSDN43.22%
Indigo logoIndigo (Cardano)IUSD39.11%
Storm Trade logoStorm Trade (Ton)USDT38.49%
Joe V2.1 logoJoe V2.1 (Avalanche)USDTUSDC35.27%
Notional V3 logoNotional V3 (Ethereum)NUSDC34.90%
Synthetix V3 logoSynthetix V3 (Base)USDC33.36%
Uniswap V3 logoUniswap V3 (Ethereum)SUSDEUSDT33.02%
. . .

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. . .

That’s it for today’s edition! See you soon.

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