Crazy Market Moves, Trump’s Meme Coin & Crypto Volatility – What’s Next?

Market Update: Wild Swings & Bitcoin’s Rollercoaster

Happy Monday, everyone! It’s January 20th, Inauguration Day, and we have a new president in office. It’s been a wild week, so let’s break it all down—starting with the market update before diving into the craziness of the past few days.

Bitcoin is currently sitting at $104,000, down just under 0.5% on the day. Last night, we touched $109,000, but now we’re back down to $104,000—a clear sign of the volatility in the market today. With Trump speaking during his inauguration as I’m filming this, anything he says could send the market flying up or crashing down.

Ethereum is also feeling the heat, dropping 2.7% on the day to $3,300. However, it’s still up 10% this week, only down 1% this month, and up 34% this year—so not too bad overall.

Solana, on the other hand, is proving to be the most volatile of all the major coins. Sitting at $247, it has had some insane moves recently. Just a week ago, on the 13th, it was at $178, then skyrocketed to $295 in less than a week, before plummeting back down to $230 in just 15 hours. If that’s not volatility, I don’t know what is.

Trump & Melania Shake the Crypto World with Meme Coins

And here’s where things get even crazier—Trump launched his own meme coin. Yes, the former (and now current) President of the United States has entered the meme coin game. If that wasn’t shocking enough, Melania launched her own meme coin just a day later, triggering a massive liquidity crisis in the market.

At first, Trump’s token pumped the market a bit. But as soon as Melania’s coin dropped, everyone started selling their Trump coins to buy Melania’s token. People even dumped their other meme coins and conviction plays just to jump on the Melania train. This caused a ripple effect, leading to a market-wide dip just when things were starting to recover. So yeah, we can thank Trump and Melania for this wild ride.

As I’m filming this, Trump is officially being sworn in as the 47th President of the United States, making this whole situation even more surreal.

What Does This Mean for Crypto?

A lot of people think Trump launching a meme coin is bad for the crypto space. And sure, it might not look great having the President and First Lady dropping tokens left and right. Who knows—maybe the rest of the Trump family will launch their own coins next.

Some argue this makes crypto look unserious or even scammy. But here’s the way I see it: Trump is now fully committed to crypto. He’s been dabbling in NFTs and digital trading cards for a while, but now that he has his own meme coin worth tens of billions of dollars, he can’t just walk away.

He’s officially tied to the crypto market. There’s no way he’s going to turn around and ban crypto or meme coins now—not when he has one himself. Trump has essentially burned the bridge behind him and locked himself in as a pro-crypto president for the next four years.

Short-Term Panic, Long-Term Bullish?

Yes, the market is red today. Everything is down, and people are freaking out, saying it’s over, that Bitcoin is going to zero, and that it’s time to short the market. But once the dust settles and people calm down, I think we’re in for a bullish four years.

Trump’s presence in the space is bringing massive attention to crypto. Over the past few days, we’ve seen a huge influx of new people entering the market. The hype was so intense that Phantom, Jupiter, and other major crypto platforms couldn’t even handle the volume—transactions weren’t going through, nobody could buy or sell, and the whole market was clogged. That tells you just how much attention this space is getting right now.

People see the President launching a token, and now everyone wants to launch their own. That’s just the beginning—I think we’re about to see even crazier things ahead.

Trump Token & Melania Token: The Aftermath

Not a great day for Trump’s token—it’s down 40% today. The chart is wild: it launched under $7, skyrocketed to $71-$75, and now it’s crashing hard. Melania’s token isn’t doing much better—it’s down bad as well.

Just for the record—I don’t own any TrumpCoin, MelaniaCoin, or even Baron Trump’s coin (if that’s a thing now).

Checking In on Hammy: The Strongest Meme in the Game?

Since I’m also posting this to YouTube, quick reminder—Hammy is my token. I launched it back in March, almost a year ago now. And despite the chaos, Hammy is actually holding strong.

• Market cap: $2.1 million
• Daily volume: $120,000
• Up on the day while other memes are crashing

While most meme coins got wrecked this week, Hammy is built different.

Community Updates & Giveaways

Over on Twitter, we just hit 26.2K followers. Last week, we ran a $250 giveaway, with five winners receiving $50 worth of Hammy each. Over 4,000 people entered, and the response was amazing.

We also had a game night last week—we played Scribble, and Veler was our champion. Shoutout to Veler for taking the crown! These game nights are always a blast, especially when the market is red and everyone’s stressed out. Just a great way to bring the community together and have some fun.

Final Thoughts: Take a Step Back

It’s been a crazy week, and it’s probably going to get even crazier. But when days like this happen—when everyone is freaking out, the market is wild, and it feels like the world is ending—step away for a bit. Go outside, hang out with your family, and touch some grass.

Because when you zoom out, everything tends to go up. And with Trump locked into the crypto space for the next four years, I think we have a very bullish road ahead.

Thanks for reading—have a great day, and I’ll see you in the next one! 🚀