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Trump Rally (TRUMPRAL) Solana Memecoin to Explode Over 19,000% Before Exchange Listings, While Shiba Inu and Dogecoin Lag

Trump Rally could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Trump Rally (TRUMPRAL), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because TRUMPRAL is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Trump Rally can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Rally could become the next viral memecoin. Trump Rally launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Rally on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Rally by entering its contract address – 9sawQZwuqdxzgtn2ZhD1eeRit425XtaXfdn57RJY6bcM – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPRAL. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. Bitcoin.com

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Fed Vice-Chair Michael Barr Resigns Amid Accusations of Impacting Crypto Banking Services

U.S. Federal Reserve Vice-Chair for Supervision Michael Barr has announced his resignation from the position ahead of President-elect Donald Trump’s return to the White House. His departure has sparked reactions from lawmakers and crypto industry leaders, who pointed out his controversial role in shaping U.S. banking policies concerning digital assets. A Polarizing Figure in Banking and Crypto In a January 6 release , the Fed stated that Barr would leave his post at the end of February or even earlier if the new president found a suitable successor. However, it noted that the legal scholar would remain on the seven-member Federal Reserve Board of Governors. Barr has served as the Fed’s Vice Chair for Supervision since July 2022. The office was created in the aftermath of the 2008 Global Financial Crisis to offer more transparency and accountability for the U.S. central bank’s supervision and regulation of the country’s financial system. In his time, the 58-year-old has been at loggerheads with the fledgling crypto industry, especially following his push to give the Federal Reserve the power to regulate and enforce laws against digital asset issuers in the United States. Barr once stated that the monetary authority would likely deem it “unsafe and unsound” for banks to hold crypto-assets directly on their balance sheets. Many in the industry blame that perspective for limiting the ability of U.S. financial institutions to engage with the cryptocurrency sector. Recent revelations about unredacted letters acquired from the Federal Deposit Insurance Corporation (FDIC) through legal efforts by Coinbase seem to bolster these claims. The documents allegedly show a coordinated effort to slow or halt banks’ crypto-related activities, including basic Bitcoin transactions, custody services, and crypto payments. Allegations of Overreach At a November 2024 grilling before the House Financial Services Committee, Barr and his fellow regulators were criticized by Iowa Congressman Zach Nunn, who accused them of stifling virtual currency innovations. “You’ve all engaged in an anti-crypto crusade during your time here. You have helped make the United States a second-tier place for digital assets,” said Nunn. Reacting to news of Barr’s impending exit, Wyoming Senator and crypto advocate Cynthia Lummis issued a statement alleging that the Fed governor had “illegally increased his power at the cost of Wyoming’s digital asset industry,” further accusing him of failing to uphold his responsibilities as the Vice Chair of Supervision. The Yale alumnus is the latest anti-crypto official to resign from their position following Donald Trump’s crypto-fueled victory in last year’s U.S. presidential polls. Gary Gensler, head of the Securities and Exchange Commission (SEC), announced his departure on November 21, 2024, forestalling a promise by Trump to fire him on his first day in office. Similarly, Barr has cited the “risk of a dispute over the position,” ostensibly with the incoming administration, as part of his reason for leaving. The post Fed Vice-Chair Michael Barr Resigns Amid Accusations of Impacting Crypto Banking Services appeared first on CryptoPotato . Bitcoin.com