The team behind President Donald Trump’s crypto operations reportedly sent nearly a hundred million dollars worth of the TRUMP meme token to digital asset exchanges. According to blockchain analytics firm Arkham, Trump’s team has so far sent $92 million worth of TRUMP to crypto exchanges Arkham notes that the Trump team locked up 80% of the supply, with 10% reserved to provide liquidity and another 10% planned for public distribution. “100 million TRUMP was sent to the TRUMP Liquidity Provider, which added liquidity on Meteora. 8tKLhRyFC3RsQ41APTqKdzr9DdeGqV2RtRgSjVgsY4xb another 10% was split between three wallets: Initial TRUMP Deployer (kept 14 million TRUMP) 5e2qRc1DNEXmyxP8qwPwJhRWjef7usLyi7v5xjqLr5G7 TRUMP Team Wallet 1 (received 56 million TRUMP) 2Fe47zbh8svDNGNehFy1NY8bsjQNtomvKFuq1jNgWSkv TRUMP Team Wallet 2 (received 30 million TRUMP) 7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE” Source: Arkham/X Arkham says that just hours after the official announcement of TRUMP from the President’s social media, two of the three Trump team wallets began sending coins to crypto exchanges – presumably to sell on the open market. “The TRUMP team has also sent [$92] million of TRUMP tokens to exchanges, including Bybit and Kucoin. This has occurred from TRUMP Team Wallet 1 and TRUMP Team Wallet 2. They waited for seven hours after Trump’s tweet to begin sending coins to exchanges.” At time of writing, TRUMP is trading for $61 at a fully diluted valuation (FDV) of $61 billion. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Trump Team Sends $92,000,000 Worth of Official Trump Memecoin to Exchanges: Arkham appeared first on The Daily Hodl .
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Shiba Inu Price Surges: Market Responds to Trump’s Presidency
Shiba Inu price increased by 130% in the past year. Trump`s presidency sparks speculation in the cryptocurrency market. Continue Reading: Shiba Inu Price Surges: Market Responds to Trump’s Presidency The post Shiba Inu Price Surges: Market Responds to Trump’s Presidency appeared first on COINTURK NEWS . The Daily Hodl
Ethereum and Solana Whales Turn to Remittix Amid Speculation of 20X Growth in January
The crypto market is known for its unpredictability, and with investors gearing up for 2025, whispers of huge gains have stirred up excitement among big players. Major developments are capturing attention for two of the main players in the crypto world: Ethereum and Solana. Yet, the real action is happening elsewhere as savvy investors turn their gaze to Remittix (RTX) , a low-cap asset with the potential for remarkable growth. Ethereum`s Upgrade Sparks Optimism Ethereum has been a cornerstone of the crypto economy, and 2025 is shaping up to be another pivotal year. The upcoming March Pectra upgrade promises significant enhancements to the Ethereum ecosystem. With features like improved wallet capabilities, account abstraction, and advances in zero-knowledge cryptography, Pectra aims to boost Ethereum`s user experience, privacy, and scalability. Core developers have already started implementing Sepolia and Holesky on Ethereum testnets. If successful, the upgrade could attract more users, reinforcing Ethereum`s role as a leader in decentralized finance. The $166.6 million net inflow into Ethereum ETFs, coupled with these technical upgrades, reflects strong institutional interest. Currently, Ethereum is facing resistance around $3,400, showing an inverted head and shoulders pattern that hints at bullish momentum. Analysts suggest that ETH could retest its previous peak of $4,868 after a breakout, and if it stays above key resistance levels, it might even reach $6,000. However, to sustain its upward trajectory, the altcoin needs to maintain support around $2,817. Solana Leverages Meme Coin Buzz Solana has been on a roll, with its price jumping nearly 32% to $253.22 over the past week. This surge is due to heightened activity on the Solana network, spurred by the launch of a Trump meme coin that has diverted liquidity from other markets. This shift has temporarily disrupted operations, and due to the high transaction volume, Binance recently paused SOL withdrawals, causing users to eagerly await the return to normal operations. Despite this hiccup, Solana`s robust ecosystem and ability to attract liquidity make it a formidable competitor in the Layer-1 blockchain market. Investors are capitalizing on Solana`s price momentum, but seasoned traders are also eyeing more stable options like Remittix, as the meme coin excitement is often short-lived. The Potential for Remittix to Shine in 2025 An increasing number of whales are shifting their focus to Remittix (RTX) , an innovative payment network that merges blockchain tech with fiat transactions, even though Ethereum and Solana continue to dominate the headlines. Remittix offers a seamless cross-border payment solution by allowing users to send bitcoin while recipients receive fiat directly into their bank accounts. During its presale phase, Remittix has already attracted over $3.7 million, priced at just $0.0221, thanks to its groundbreaking approach. Supporting more than 40 cryptocurrencies and 40 fiat currencies, the platform provides unmatched flexibility and financial inclusion. Its transparent flat fee model helps customers avoid the hidden charges and poor exchange rates often associated with traditional banks and payment systems. Remittix stands out with its capability to disrupt the $183 trillion global payments industry. By integrating blockchain with local payment networks, it ensures faster, cheaper, and more secure transactions. Its API solutions, like "Remittix Pay," allow businesses and freelancers to accept crypto payments while settling in fiat, reducing exposure to market volatility. Investors are particularly optimistic about RTX`s long-term prospects. With predictions of a 25x increase during the presale and 1,500% gains post-launch, Remittix is set for rapid expansion. Its smart contract has undergone a comprehensive audit, and plans to lock liquidity and team tokens for three years ensure transparency and stability. Conclusion While Ethereum and Solana remain titans in the crypto market, with promising developments for investors, the real opportunity may lie in emerging ventures like Remittix. By blending the best of traditional finance with blockchain technology, Remittix is redefining cross-border payments and establishing itself as a leader in the PayFi space. The Remittix presale is LIVE, join in before the surge: Website: https://remittix.io/ Socials: Remittix (RTX) Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. The Daily Hodl