Inauguration of the god pumps
368: Meme Coin Madness, Crypto Golden Age
Morning lords.
Crypto aside — big day with the inauguration of President Trump.
At 12pm ET Vice President-elect JD Vance will be sworn in, followed by President-elect Donald Trump taking the presidential oath of office. President Trump will then deliver his inaugural address. Biden contributed to the special day by pardoning Dr. Anthony Fauci, General Mark Milley, and the Jan. 6 committee in an extraordinary use of presidential power last night.
Unreal.
But more on that later this week — there is money to be made (and lost) today. Bitcoin hit $109,000 late last night and alt markets are cooking. The dollar is falling after reports that Trump won’t impose tariffs on his first day.
We are well underway and for your sake and your grandchildren’s sake I hope you fucking devoted some time to getting ready to navigate the crypto supercycle we are clearly inside right now. I understand a major focus of ours recently has been crypto, but when there’s this much money to be made I think it’s only right to give people the best info they can find.
Things are getting wild — and this is likely just the beginning of the chaos.
The last 48 hours have been some of the most insane in the history of crypto markets. We watched on Friday night as the Truth Social and X accounts for incoming President Donald Trump posted a link to a new meme coin - $TRUMP. It wasn’t clear at first if this was a hack or some sort of elaborate scam and many held off on buying or just didn’t see it (including me).
This was costly — as the $TRUMP token went absolutely fucking parabolic (an understatement). People made a metric shit ton of money in just a few hours after clicking a few buttons. The $TRUMP meme coin, launched on January 17, 2025, ahead of Donald Trump's return to the presidency, quickly gained attention in the cryptocurrency market and on social media platforms like X.
Built on the Solana blockchain, the coin experienced significant price volatility shortly after its release, initially surging to over $75 before stabilizing around $44 last night. This price level corresponds to a market capitalization of approximately $8.9 billion.
A large portion of the coin's supply—around 80%—is held by Trump-affiliated entities, with plans for a gradual release over the next three years. The launch has sparked ethical debates due to the substantial insider ownership and potential conflicts of interest associated with Trump's upcoming presidency. The introduction of the coin also raised concerns about its impact on the broader cryptocurrency industry and investor confidence.
Shortly after the launch of $TRUMP on Sunday, Melania Trump or her team — introduced her own meme coin, which briefly influenced $TRUMP's market activity causing a 40-60% dump that bled into the overall crypto market. There are rumors other tokens are going to drop and with the inauguration tomorrow things could get wild offering opportunities to print bandos left and right.
Other notable updates include:
Trump’s World Liberty Financial multi-signature address bought WorldLiberty.eth, trumpcoin.eth, erictrump.eth and barrontrump.eth ENS domain names in the last 24 hours (Cointelegraph)
Search terms for “Buy Crypto” and “Buy Solana” are nearing one year highs and retail is flooding into the market signing up for Phantom, Coinbase, and other wallets/exchanges
With the events of the last 48 hours I think it’s a great time to cover a few key themes:
How to safely and effectively trade meme coins and get in them quickly
How this recent development has tweaked my expectations for this cycles length
What all of this means for blue chips like BTC, ETH, SOL, etc.
Where I am looking for alpha in the coming days and weeks
Things are moving very quickly and in order to take advantage of updates and developments it’s crucial to be plugged into the right online networks, groups, and channels.
You can join the Discord HERE - plugging this since everyone keeps asking me.
We will talk through these sources today while trying to paint the most accurate picture of what’s going to happen next, what we can expect for the broader market/economy, and where the best opportunities are going to emerge as a result of the game changing.
This is a new kind of economic boom — the slow to act are going to miss out, the reckless are going to get chopped up or blown out, and the decisive who take calculated risks can benefit while the music is still playing. But eventually it’s likely to stop (important you understand that). Doesn’t mean we can’t milk it for all it’s worth in the mean time.
Let’s start with the biggest changes to the current crypto landscape/market I see. Then we can move into what’s likely to happen in the coming days and weeks. No time to waste as much of what we will cover this morning will be relevant to today’s events.
This is it baby!
Trenches about to be popping off today.