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Trump Meme Coin Leaves Investors Scratching Their Heads

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The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow.

Early Birds Made A Fortune

A few early traders enjoyed staggering profits, according to statistics from Nansen and Chainalysis. Just hours before its formal launch, one anonymous account apparently purchased $1.1 million worth of $TRUMP coins. After selling those for $50 million, the same wallet carried on trading, eventually making an incredible $109 million in total gains.

Another trader who bought in just two minutes after launch walked away with nearly $3 million. In total, more than 30 early birds amassed an astonishing $670 million in gains within days.

Meanwhile, a much larger group of investors wasn’t so lucky. Data shows that over 813,000 wallets—likely retail traders and Trump supporters—either sold at a loss or are still holding coins that have lost most of their value. Collectively, these investors are staring at an estimated $2 billion in paper losses.

Trump’s Alleged $100 Million Payday

The New York Times reports that the Trump family and their partners raked in nearly $100 million in trading fees. What’s more, most of that money hasn’t even been cashed out yet. The timing of the coin’s launch—just three days before Trump took office—raises eyebrows, especially given his influence over cryptocurrency regulations.

Critics argue that this presents a clear conflict of interest, while supporters see it as just another Trump-branded business venture.

Total crypto market cap currently at $3.14 trillion. Chart: TradingView

The Trump campaign hasn’t commented on the allegations of insider trading, but political and financial analysts alike are scrutinizing the implications. Figures like SkyBridge founder Anthony Scaramucci and crypto investigator Stephen Findeisen (Coffeezilla) have already slammed the project as a textbook “pump-and-dump” scheme.

Supporters Left Empty-Handed

Many of Trump’s own followers were among the biggest losers in the $TRUMP token’s downfall. One example is Shawn Whitson, a small business owner from North Carolina. On Inauguration Day, he posted enthusiastically about both Trump’s return to the White House and his investment in the coin. Weeks later, his tune changed. “Done with this $TRUMP crap,” he wrote, calling the entire project a joke.

While the Trump family faces criticism, they appear unfazed. They recently announced the launch of TruthFi, a financial platform aimed at being a “non-woke” alternative for investors. Whether the MAGA community will rally behind this new venture remains to be seen, but for now, thousands of investors are licking their wounds from the collapse of the Trump meme coin.

Featured image from Reuters, chart from TradingView





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Ethereum Price Eyes Rally To $4,800 After Breaking Key Resistance

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Ethereum’s shoddy run of form is reaching its lowest ebb with investors lapping at the charts in bullish fashion. Ethereum price is tipped for a rally to $4,000 after technical indicators flash glimpses of promise for the largest altcoin.

Ethereum Price To $4,800 Is In Play

Cryptocurrency analyst Javon Marks is predicting an extended rally for Ethereum price in the coming weeks on the backs of solid technicals. According to an analysis on X, Ethereum price continues to trade outside of the previous descending trendline after a strong breakout despite recent poor price performances.

Marks notes that the previous breakout triggered an extended bullish run for Ethereum but previous declines leave ETH outside the descending trendline. According to the cryptocurrency analyst, if ETH continues to trade above the trendline, a price target of $4,800 is within grasp. While Marks did not give a timeline, the $4,000 prediction aligns with Standard Chartered’s revised prediction for ETH for the end of 2025.

“With Ethereum still being well broken out of an older resisting trend the target at the $4811.71 level goes unchanged,” said Marks.

Ethereum trading above the descending trendlineEthereum trading above the descending trendline

While Marks’ prediction offers a ray of hope for the bruised and battered altcoin, trading above the trendline is an uphill climb. For starters, ETH price charts are indicating lower lows and lower highs, confirming a strong downtrend.

Ethereum price has fallen to a new 5-year low against Bitcoin after posting its worst Q1 performance in nearly five years. ETH tanked to lows of $1,400 as investor optimism for the altcoin sunk to previously unseen levels.

Marks Says ETH Can Still Clinch $8,000

The analyst notes if the Ethereum price powers through the maze of challenges on its path to $4,800, it can trigger a sustained rally to $8,000. While the prediction is a steep ascent for ETH, prices have formed a 2020 historical pattern pointing to a rally.

“With this target still in play, an over 200% uphill run to reach it can take place and with the extensive post-breakout action, a break above is possible, bring $8,557.68 into play,” said Marks.

Bankless cofounder David Hoffman has revealed a strategy to improve ETH price performance. The plan involves attracting new users to the Ethereum network while ditching attempts to police users’ behavior.

Despite the possibilities for an upswing, Ethereum price is staring down the barrel of a gun. There are comparisons that the ETH price is mirroring Nokia’s decline with Solana’s rise delivering the final blow for Ethereum.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Bitcoin Analyst Says Shiba Inu Price Is Not Hitting $1, Here’s Why

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A recent analysis by a Bitcoin analyst has thrown cold water on the possibility of the Shiba Inu price hitting the $1 mark. The analyst firmly dismissed the idea, suggesting that it is highly unlikely, if not downright impossible.

Why Shiba Inu Price Will Never Hit $1

Davinci Jeremie, a prominent Bitcoin analyst with over 825,700 followers on X (formerly Twitter) has declared the Shiba Inu price will never reach $1. To understand why the analyst has made such a grim prediction, he points to Shiba Inu’s market capitalization and supply dynamics.

With Shiba Inu’s vast circulating supply, Jeremie argues that reaching $1 would require an astronomical market cap far beyond what the crypto market could sustain. As of April 2025, the total circulating supply of SHIB is around 589.5 trillion. However, this number fluctuates with daily token burns

For Shiba Inu to hit $1, Jeremie has stated that its market capitalization would need to surge to a staggering $600 trillion. To put the sheer scale of this figure into perspective, a comparison between Bitcoin, gold, and the global crypto market cap helps illustrate just how unrealistic this milestone is.

Currently, Bitcoin, the world’s largest cryptocurrency by market cap, is worth around $1.66 trillion. For Shiba Inu to achieve a $1 price point, it would need to surpass almost 600 times the total market cap of Bitcoin

SHIB market cap currently at $7.32 billion. Chart: TradingView

Gold, which is widely regarded as a reliable store of value and has a market cap of approximately $21.857 trillion, would still be significantly dwarfed by the required market cap for SHIB at $1. To put it simply, Shiba Inu reaching this figure would need a valuation nearly 300 times greater than the entire global crypto market cap, which currently sits around $2.65 trillion. 

As mentioned earlier, Shiba Inu’s massive supply also significantly contributes to why a $1 price is unrealistic. While cryptocurrencies like Bitcoin have a capped supply, SHIB’s is exponentially larger, created to appeal to its community. 

The sheer number of tokens in circulation is part of what keeps SHIB’s current price so low at $0.000012. It also makes it virtually impossible to reach $1 unless drastic changes are made to supply or token burns skyrocket astronomically. 

Community Acknowledges SHIB’s $1 Pipe Dream

Following Jeremie’s declaration that Shiba Inu is unlikely ever to hit $1, many in the crypto community echoed his sentiment, emphasizing just how unrealistic and ambitious this target is. While many concluded that Shiba Inu cannot reach $1, others offered potential solutions they believe could one day turn this far-fetched goal into a reality.

One member highlighted the need to reduce Shiba Inu’s supply. Primarily, this would involve token burns, which permanently remove tokens from circulation. Since its inception, over 410.7 trillion SHIB tokens have been burnt. However, despite this progress, the circulating supply remains overwhelmingly large. 

Featured image from Pixabay, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Expert Outlines Reasons Why Avalanche Will Revolutionize Traditional Finance

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Avalanche (AVAX) is carving a niche as a blockchain network with boundless scalability but one expert is highlighting its real-world use case in finance. Crypto expert Olivia Vande Woude says Avalanche will change the landscape for traditional finance as we know it.

Avalanche Will Modernize Legacy RTGS Systems

According to an X post, business development expert Olivia Vande Woude remarks that Avalanche will improve current offerings for mainstream finance. Right out the bat, Woude notes that the lowest hanging fruit for AVAX will be changing outdated rails in legacy finance.

Woude argues that rather than a wholesale replacement, an Avalanche integration will improve legacy RTGS systems like SWIFT and Fedwire. Perhaps, the biggest area of improvement will be in conventional post-trade infrastructure bogged down by fragmented reconciliation. Woude notes that the network can introduce real-time finality and liquidity efficiency for post-trade infrastructure.

Large exchange infrastructure is tipped to record seismic changes following an Avalanche integration, says Woude. While CBOE and ICE grapple with execution latency, Woud was Avalanche’s decentralization can reduce slippage for legacy exchanges.

“Avalanche does for finance what fiber optics did for telecom,” said Woude. “It’s replacing outdated rails with real-time, high-throughput, low-latency execution.”

Woude points out in her statement that Avalanche’s tamper-proof infrastructure will improve the batch processing systems employed by traditional custodians. The derivatives markets will receive their fair share of changes, leaning on Avalanche’s collateral optimization and margin logic based on advanced smart contracts.

Amid soaring regulatory changes in the US, traditional financial institutions can unlock new revenue streams in tokenization via blockchain-based integrations.

Benefits Extend To Funding Markets Amid Soaring AVAX Price

Woude highlights the benefits of an integration in short-term funding markets by leaning on its dynamic discounting. Furthermore, the blockchain offers programmable yield analytics designed to revolutionize the operations of repo settlements and liquidity management in funding markets.

An EVM compatibility will allow institutions to still deploy Ethereum-based smart contracts, smoothening the curve for tokenized funds. As the US SEC approves options trading for Ethereum spot ETFs, Avalanche can offer financial institutions permission chains for compliance while offering on-chain derivatives mirroring ETF performance.

“Avalanche isn’t just modernizing financial infrastructure, it’s reprogramming it,” said Woude. “Institutions adopting Avalanche in turn gain a meaningful edge in speed, efficiency, and transparency.”

AVAX price has gained nearly 8% over the last day driven by a broader crypto market rebound and rising institutional adoption for Avalanche. AVAX is trading at $20 while daily trading volumes have spiked by 7% buoyed by bullish chatter around the network.

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Aliyu Pokima

Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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