TL:DR; Within just over a day after its launch, the Trump-backed and endorsed meme coin has already created numerous success stories of investors getting in at the right time and (some) getting out. Nevertheless, meme coins remain highly volatile and risky assets, and investors should be wary before allocating funds to them. The president-elect shook the entire crypto market on Friday night when he announced the launch of the OFFICIAL TRUMP (TRUMP) meme coin and invited his millions of followers and supporters to join his community. Despite the controversial launch and fears about a potential hack or a scam, the token became an overnight sensation. Its price is now worth $40, while its market capitalization has soared past $8 billion, making it the third-largest meme coin, sitting behind only DOGE and SHIB. With this remarkable rise in value within mere hours, the number of success stories for traders who got in early (possibly insiders) and have already sold some portions to capture massive profits has gone through the roof. Turned $1.1M into $70M in just 4 hours—incredible! This trader has sold 1.35M $TRUMP for $3.65M, and still holds 4.62M $TRUMP ($67.5M), bringing his total profit to over $70M! https://t.co/m1k6zmKgLA pic.twitter.com/U3IeU23PER — Lookonchain (@lookonchain) January 18, 2025 After the initial buying spree, more information emerged later from Lookonchain about deposits to large exchanges, such as OKX, where the same traders most likely capitalized on the price rally by selling off their tokens. Whale “Fpj236…uVJr” deposited all 1.27M $TRUMP ($43.9M) into #OKX an hour ago, with a profit of $29.6M! https://t.co/RN5fXx11CW pic.twitter.com/4HyHZSHgou — Lookonchain (@lookonchain) January 19, 2025 One of the more famous traders, which Lookonchain called ‘legendary,’ made $6.8 million on the TRUMP token within a day after securing a $12.5 million profit from BOME last year. OFFICIAL TRUMP’s launch was a highly successful and impressive story. However, not all meme coins have the same spectacular path. There are thousands of such tokens released on a daily basis, and most turn into quick rug pulls, leaving investors with empty hands. As such, traders should be wary when dealing with meme coins, even if they are launched by the upcoming US president. The post Overnight Millionaires: OFFICIAL TRUMP Success Stories 24 Hours After Launch appeared first on CryptoPotato .
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Shiba Inu (SHIB): Out of Top-15 As Price Plummets
Shiba Inu is out of top as its price is no longer acceptable for traders Crypto Potato
This New Altcoin Is Giving Early Pepe Coin (PEPE) Vibes As FOMO Amongst Investors Skyrockets
Remittix is a new cryptocurrency creating waves and it’s giving off major early Pepe Coin (PEPE) vibes. The fear of missing out (FOMO) is increasing as more and more investors leap in. Remittix is fast becoming popular, and many people think it might follow PEPE’s footsteps and become even better, thereby providing great possibilities for those that enter early. Don’t miss out on this exciting opportunity! Pepe Coin Suffers Amid Broader Market Decline Third-largest meme currency Pepe currency (PEPE) has seen a dramatic drop—trading at $0.0000156—its lowest price since December 20. Rising bond rates and declining stocks rule the financial scene, so this decline coincides with a larger collapse of the bitcoin market driven by a risk-off attitude. With Bitcoin falling to $90,000 and the whole cryptocurrency market capitalisation down by 4% to $3.19 trillion, Pepe’s price reflects the trend in the market overall. Reflecting mounting market concern, key indices like the Dow Jones, Nasdaq 100, and S&P 500 all saw notable declines. Pepe’s drop draws attention to meme currency fragility in times of market instability. The Federal Reserve’s hawkish posture is the main reason for the continuous crypto fall as the U.S. economy is still doing very well. Recent figures showed a decline in the unemployment rate to 4.1% in December coupled with the 256,000 job creation. These numbers raise questions about whether the Fed will keep raising interest rates for an extended term, therefore reducing the excitement about riskier assets like Pepe. Looking forward, market mood will be much shaped by the Consumer Price Index (CPI) release. From 2.7% in November to 2.9% in December, economists predict inflation climbed. This information will probably affect Pepe’s performance and help to decide if it can stop its declining course or get back on track. Why Everyone’s Watching Remittix For Massive Growth in 2025 By providing a blockchain-based infrastructure that assures quick, safe, and reasonably priced transactions, remittix is transforming the cross-border payment scene. Remittix presents a flawless and clear substitute for antiquated payment mechanisms in a global market where time and money are valuable. With its creative approach, $RTX may upend the whole cross-border payment sector. If you’re looking for the best coins to buy now, $RTX is undoubtedly a standout choice, providing not only utility but also substantial growth prospects. Remittix is special because of its great tokenomics and solid functionality. For both companies and people, traditional payment methods may include exorbitant fees, poor processing times, and lack of transparency that can be problematic. Remittix wants to remove these inefficiencies by using blockchain technology, hence it is a great tool for international companies and people who require a more efficient means of money transfer. The technology guarantees quick, safe, and fraction of cost processing of payments compared to conventional ways. As one of the best coins to invest today, $RTX has already gained impressive attention, raising close to $4,000,000 during its presale phase. This remarkable figure reflects strong investor confidence and signals the growing demand for $RTX. With its presale still ongoing, this is the perfect opportunity to secure your stake before prices increase. Moreover, holders of $RTX tokens actively participate in the destiny of Remittix, not just passive investors. Token holders have governance rights, which lets them influence the direction and decision-making procedures of the platform. This community-driven method guarantees that investors in $RTX will be involved in its development, therefore establishing a really cooperative initiative. If you’re looking for the best coins to buy now, Remittix offers a unique opportunity. It combines a strong foundation, real-world utility, and an active community to create a high-growth project. Don’t miss out on this chance to be part of the future of cross-border payments—invest in $RTX during its presale phase and watch your investment grow. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials https://linktr.ee/remittix Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Crypto Potato