Donald J Trump (DJT) news

Solana Saga Ends: What’s Next for Crypto Phones? Full Guide to Solana Seeker & Trump Phone

In a move that has made ripples across the crypto and tech communities, Solana Mobile has officially announced the end-of-life for its flagship blockchain smartphone, the Saga. Less than two years after its 2023 release, software and security updates have been discontinued. Users are now cautioned about security risks and potential application failures, as compatibility with future services is no longer guaranteed. The phone’s discontinuation marks a dramatic turning point in the evolution of crypto-focused mobile devices—and places the entire concept under the microscope as new players, including Solana’s own Seeker and the high-profile Trump phone, vie for market attention. What Was the Solana Saga Phone, and How Did It Emerge in the Market? The Solana Saga burst onto the scene in May 2023, championed as the first smartphone designed from the ground up with Web3 integration at its core. A bold collaboration between blockchain powerhouse Solana and hardware design firm OSOM, Saga was built to serve as a “crypto-native” smartphone for the Solana ecosystem. Originally priced at $1,000, the Saga struggled to capture the mass market, forcing a later price cut to $599. Only about 20,000 units were sold—an underwhelming figure given the anticipation surrounding its launch. The device, running an Android OS with a dedicated Solana dApp Store, boasted several features aimed at crypto enthusiasts, including the integrated Seed Vault (a biometric-secured hardware wallet), and a promise of exclusive airdrops and NFT access. From Sales Failure to “Printing Machine”: The BONK Airdrop Phenomenon For most of 2023, Saga was considered an outright commercial flop. Users were largely indifferent, even as prices fell. However, the market dynamic shifted dramatically due to a phenomenon unique to the crypto world: the “airdrop.” In late 2023, every Saga owner became eligible to claim 30 million BONK, a meme coin native to Solana’s ecosystem. Initially worth almost nothing, BONK’s value exploded amidst a broader meme coin bull run, turning this airdrop into a windfall worth more than the phone’s retail price—sometimes well in excess of $1,000. Airdrop to Solana Saga Holders The result was a reversal of fortune. Saga phones sold out almost overnight as word spread across social media. Devices became hot commodities on secondary markets, trading at multiple times their original price. The smartphone was suddenly more than a communication device—it was a direct ticket into the unfolding digital asset economy, an “entry pass” to exclusive financial upside within Solana’s ecosystem. This case illustrated a potentially disruptive new business model: using hardware as a distribution channel for digital assets. Solana Saga’s Successor: Enter the Solana Seeker Learning from both the hardware missteps and the viral success of the BONK airdrop, Solana Mobile released the Seeker on August 4, 2025. The new model departs from the lofty specs (and price) of the Saga in favor of a more medium-range device, targeting a wider user base at just $500. Hardware and Usability Processor and Memory: The Seeker features a MediaTek Dimensity 7300 chipset, 8GB of RAM, and 128GB internal storage. Though a step down from the Saga’s 12GB RAM and Snapdragon 8 Gen 1 chip, real-world use remains smooth for most non-AAA gaming and everyday blockchain tasks. Camera: Photography receives a substantial upgrade, moving to a 108MP main camera with optical image stabilization and a 32MP front camera—substantially better on paper, though still only “mid-range” by enthusiast standards. Battery & Display: With a robust battery that lasts up to two days, wireless charging, and a slightly higher-resolution AMOLED display, the Seeker is well-equipped for daily usage. Design: The device is lighter, smaller, and thus more user-friendly for mainstream adoption. Security and Web3 Integration Seed Vault Hardware Wallet: Carrying forward its predecessor’s strongest innovation, the Seeker’s Seed Vault remains one of the only truly hardware-based crypto wallets in the smartphone sector, isolated via a "Trusted Execution Environment." This means private keys never leave secure hardware, keeping on-phone assets significantly more secure. Biometric authentication (fingerprint scanner) allows seamless, practical access for transactions. Genesis Token and Seeker Wallet: On first setup, every Seeker assigns a unique, soulbound NFT—the Seeker Genesis Token—linking user and device, and unlocking future rewards within the Solana ecosystem. It also creates a personalized wallet identity (e.g., Anatoly.skr). Solana dApp Store: A Work in Progress One of the main selling points, the Solana dApp Store, is still finding its stride. With over 140 dApps across DeFi, gaming, NFTs, and more, functionality is inconsistent. Many apps don’t support the native Seeker Wallet and require email sign-ups instead. A considerable number have slow update cycles, and only a subset are fully Web3-native. While the platform is positioned to eventually rival app stores like Google Play or Apple’s App Store without the substantial developer fees, it clearly needs refinement for mass trust and adoption. Solana Seeker Dapp Ecosystem The Trump Phone: Crypto, Patriotism, and Market Positioning In a parallel but ideologically distinct move, the Trump family launched the “Trump Phone” and the “47 Plan” mobile service package—named for the ambition of Donald J. Trump returning as the 47th President. Centered on a golden “T1” smartphone, the Trump Phone plays heavily on “America First” branding, with the promise it is “Designed and Manufactured in the USA.” Analyzing the “Made in America” Claim Given the realities of global hardware supply chains (processors from Qualcomm or MediaTek, OLED screens from Samsung or BOE, batteries from LG or CATL), producing a phone fully in America is nearly impossible under US Federal Trade Commission (FTC) definitions. In practice, the Trump phone is almost certainly assembled in the US from internationally sourced components—leveraging the legal gray area between "manufactured" and "assembled." This patriotic messaging is a strategic play to capture a demographic motivated by American nationalism. Positioning and Market Appeal The Trump phone is paired with a $47.45/month "47 Plan," which includes not just mobile service but also extras like roadside assistance and telemedicine—catering directly to conservative, older, rural, or tradition-minded consumers. While not price-competitive with other MVNOs like Mint Mobile or Visible, the true product here is the bundled sense of political identity and preparedness. The Trump phone, thus, is less a hardware innovation and more a symbol of community, ideology, and loyalty, timed for maximum visibility during Trump’s new presidential campaign. Conclusion: Crypto Phones and Future Directions The discontinuation of the Solana Saga is emblematic of both the rampant experimentation and volatility within the intersection of blockchain and consumer electronics. While the Saga’s hardware-centric approach failed to gain lasting traction, it revealed the immense potential of coupling digital asset distribution with physical device sales. The viral “airdrop” effect underscores a new paradigm where hardware can serve as a gateway to exclusive financial opportunities. The next-generation Solana Seeker is a more refined, affordable, and user-centric response, but its true success will rest on the continued evolution and reliability of decentralized apps and Web3 services—areas where the crypto phone market remains nascent. Meanwhile, the Trump Phone illustrates how mobile devices can be transformed into vehicles for political and ideological identity, using hardware and service bundling to create a sense of belonging and mutual interest beyond mere functionality. As the crypto phone market continues to evolve, it will be shaped not only by technology and security features, but also by the ecosystems, incentives, and brand values that devices bring to their users. Both the Solana and Trump phone sagas suggest that the next great leap in the smartphone market could be as much about community and digital ownership as about processors and screens.

World Liberty Financial (WLFI): Bridging Traditional and Decentralized Finance

World Liberty Financial is a financial technology platform focused on bridging traditional finance and decentralized finance through purpose-built, on-chain products and services designed for both institutions and individuals. Founded by the Trump family and crypto entrepreneurs in 2024, this platform has raised over $550 million to combine legacy finance capabilities with blockchain transparency and efficiency. World Liberty Financial (WLFI) will soon be available on Bitget! What is World Liberty Financial (WLFI)? World Liberty Financial is a financial technology platform that aims to combine legacy finance capabilities with the transparency, efficiency, and accessibility of blockchain-based financial tools. The platform operates across multiple blockchain networks including Ethereum, BNB Chain, Solana, and Tron, enabling users to access its products and stablecoin across these environments. World Liberty Financial addresses the lack of integration between traditional financial services and decentralized, blockchain-based systems. By providing transparent, efficient, and interoperable financial products, it aims to make digital asset management accessible to institutions and individuals while retaining legacy finance trust and compliance standards. Core Innovation: World Liberty Financial acts as a bridge between traditional finance and decentralized finance, making on-chain financial services transparent, accessible, and secure for both institutions and individuals through blockchain-powered tools that enable interaction with financial products without depending solely on legacy banks. Who Created World Liberty Financial (WLFI)? World Liberty Financial was founded in 2024 by a team that blends political legacy, real estate leadership, and blockchain expertise, with direct involvement from the Trump family and experienced crypto entrepreneurs. Donald J. Trump (Co-Founder Emeritus): ● Listed as Co-Founder Emeritus, providing the project with significant visibility and strategic direction Eric Trump and Donald Trump Jr. (Co-Founders): ● Play leading operational and promotional roles in the platform ● Eric Trump serves as Director, responsible for strategic growth and governance Barron Trump (Co-Founder): ● Listed as a co-founder and described as a "DeFi visionary" Zach Witkoff (CEO & Co-Founder): ● Co-founder and CEO with mixed background in real estate and digital assets ● Also serves as chairman of ALT5 Sigma Steven Witkoff (Co-Founder Emeritus): ● Co-Founder Emeritus, a prominent New York real estate developer and Trump's envoy to the Middle East Chase Herro and Zak Folkman (Original Co-Founders): ● Original crypto entrepreneur co-founders, both experienced in blockchain and fintech ventures ● Main architects of the DeFi platform's technical foundations ● Zak Folkman serves as Board Observer and early platform architect Key Team Members: ● Corey Caplan: Head of Technical Strategy; blockchain architect and founder of DeFi and DEX projects like Dolomite ● Ryan Fang: Head of Growth, leading user acquisition and partnership efforts ● Brandi Reynolds: Chief Compliance Officer, overseeing legal and regulatory compliance What VCs Back World Liberty Financial (WLFI)? World Liberty Financial has raised over $550 million, backed by both private and strategic investors, including major names from the crypto and venture capital sectors, as well as politically tied entities. Funding Rounds: ● Total Raised: Over $550 million via ICO, governance token sales, and strategic private rounds since its founding in 2024 ● Major VC/Investor-Driven Rounds: Strategic rounds such as the Falcon USD stablecoin investment ($10M round, July 2025), along with individual token sales and public launches ● Planned Future Raises: World Liberty Financial is exploring the creation of a Nasdaq-listed treasury vehicle aiming to raise up to $1.5 billion for further token-backed expansion Major Venture Capital Backers: ● Trump Family: Holds over 40% direct ownership and has received tens of millions from founder distributions and early stake ● Justin Sun (TRON Foundation): Chinese billionaire, invested $30 million in early rounds and is a major public backer ● Abu Dhabi Government/Associated Firm: Purchased $2 billion worth of tokens, one of the largest sovereign investments ● DWF Labs: Crypto VC firm invested in multiple rounds ● Oddiyana Ventures, Aqua1, Web3Port: Participated as strategic or corporate investors ● ALT5 Sigma: Key partner/investor now acting as a treasury vehicle for WLFI token exposure on Nasdaq How World Liberty Financial (WLFI) Works World Liberty Financial works by providing easy-to-use tools that let people and businesses securely manage, spend, and borrow digital money through blockchain technology with transparency and control similar to a regular bank, but using cryptocurrencies and stablecoins instead. USD1 Stablecoin Users can hold and use USD1, a digital dollar backed by real assets, for payments, transfers, and online purchases. It stays stable (one USD1 is always worth roughly one US dollar) and can be used across many crypto apps. The stablecoin operates across several major blockchains powered by Chainlink's Cross-Chain Interoperability Protocol (CCIP) for secure cross-chain transfers. WLFI App The app lets users deposit money from either crypto wallets or regular bank accounts, making it flexible for both crypto beginners and regular finance users. Funds in the app can be accessed anytime, making it easy to spend, make payments, or convert between crypto and cash. Lending and Borrowing Platform Users can lend their crypto, earning interest, or borrow money by locking up their digital assets as collateral. The platform monitors risk in real time so users don't have to worry about sudden losses or liquidation without warning. The platform enables users to supply digital assets and borrow against collateral, employing real-time risk monitoring for user protection. Multi-Chain Infrastructure World Liberty Financial operates as a multi-chain platform supporting Ethereum, BNB Chain, Solana, and Tron networks, enabling broad user access and cross-chain interoperability for maximum ecosystem participation. You can access the platform at https://worldlibertyfinancial.com. World Liberty Financial Token (WLFI) and Economics The World Liberty Financial token (WLFI) is the governance token for the World Liberty Financial protocol, deployed as an ERC-20 token on the Ethereum blockchain. Token Details ● Token Name: World Liberty Financial ● Token Symbol: WLFI ● Total Supply: 100,000,000,000 tokens (100 billion) ● Blockchain Deployment: Ethereum (ERC-20), with bridged versions on other supported networks ● Contract Address (Ethereum): 0xda5e1988097297dcdc1f90d4dfe7909e847cbef6 Token Distribution ● Token Sale & Investors: 35% (35 billion tokens) ● Community Growth/Incentives: 32.5% (32.5 billion tokens) ● Initial Supporters: 30% (30 billion tokens) ● Team and Advisors: 2.5% (2.5 billion tokens) Token Utilities ● Protocol Governance: Holders use WLFI to propose and vote on technical upgrades, partnerships, protocol changes, marketing initiatives, and DeFi application integrations, with a 5% voting cap per wallet to prevent centralization ● Access to DeFi Services: WLFI holders can participate in lending, borrowing, and supplying stablecoin liquidity using integrated third-party platforms and the WLFI app ● Community Growth & Incentives: Large share of WLFI is used for rewarding active community members, ecosystem contributors, and those participating in token unlock schedules ● Integration with Stablecoin Ecosystem: WLFI acts as an access and participation mechanism for USD1 stablecoin utilities such as payments, lending, and treasury solutions Why World Liberty Financial? Traditional payment systems create barriers for global financial commerce, especially for integrating legacy finance with blockchain technology. World Liberty Financial addresses these challenges with innovative solutions: High-Profile Leadership: Founded by the Trump family and experienced crypto entrepreneurs, providing instant brand recognition and significant political connections for mainstream adoption. Strong Investor Validation: Over $550 million raised from strategic investors including Justin Sun, Abu Dhabi Government entities, and DWF Labs demonstrates institutional confidence in the vision. Multi-Chain Infrastructure: Native support for Ethereum, BNB Chain, Solana, and Tron ensures broad user access and cross-chain interoperability for maximum ecosystem participation. Real Financial Utility: Unlike typical governance tokens, WLFI has direct use cases for accessing DeFi services, governance participation, and stablecoin ecosystem integration, creating genuine utility beyond speculation. Strategic Partnerships: Collaboration with Chainlink for cross-chain capabilities, HTX for USD1 Points Program, Vaulta for Web3 banking integration, and ALT5 Sigma for public market exposure through Nasdaq listing. Regulatory Compliance: Built-in compliance features with Chief Compliance Officer oversight and structured tokenomics designed for regulatory transparency. The platform successfully bridges traditional finance with cryptocurrency innovation, creating new business models for institutional and individual users while providing transparent access to decentralized financial services. World Liberty Financial (WLFI) Goes Live on Bitget We are thrilled to announce that World Liberty Financial (WLFI) will be listed in the Innovation & DeFi Zone. Check out the details below: Trading Available: 1 September 2025, 13:00 (UTC) Withdrawal Available: 2 September 2025, 14:00 (UTC) Trading Link: WLFI/USDT, WLFI/USD1 Community Links: Website | Twitter | Telegram Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions. Follow Bitget X to win 1 BTC

WLFI Listing 2025: Is WLFI Worth Investing? Complete Guide on WLFI Price, Presales, and How to Buy

After months of speculation and excitement, the long-awaited WLFI (World Liberty Financial) token is finally set for its official listing—a milestone eagerly tracked by both crypto enthusiasts and the wider investment community. Beyond its unique positioning in the DeFi sector, the WLFI project has attracted additional media buzz due to its associations with the Trump family, raising the stakes for the upcoming WLFI listing. But with massive presale momentum and a sky-high market cap, is WLFI really worth your investment? In this in-depth guide, we break down everything you need to know about WLFI, including factual insights from its two presales, WLFI price trends, the exact WLFI listing details, and whether this anticipated token belongs in your portfolio. What is WLFI? How Does the WLFI Project Work? WLFI is the governance token powering the World Liberty Financial protocol—a bold new DeFi project built to champion on-chain governance, promote dollar-backed stablecoins, and push the boundaries of global financial utility. According to WLFl's white paper, with a total issuance of 100 billion WLFI tokens on Ethereum, WLFI’s main function is enabling decentralized community governance rather than offering direct dividends or profit-sharing. Token holders can vote on major protocol enhancements, meaning that with each WLFI you hold, you gain a say in the platform’s direction. Much of WLFI’s early draw comes from speculation around its relationship to Trump. However, official statements clarify that neither Donald J. Trump nor his family members are officers, directors, or principals of World Liberty Financial or its affiliates. While WLFI’s launch echoes some themes often associated with Trump, such as promoting American financial prowess, the platform itself maintains no formal Trump campaign relationship. Built with security in mind, WLFI contracts are audited by leading blockchain security firms, ensuring a robust and trustworthy foundation. KYC and verification requirements are enforced for all purchasers in every WLFI listing and sale event, aligning with global regulatory standards. WLFI Listing: Official Dates, Tokenomics & Unlocking Mark your calendar: the official WLFI listing and trading kickoff is set for September 1. The WLFI listing will enable early backers from two key presales to unlock 20% of their holdings, with the remaining 80% scheduled for release based on future WLFI governance votes. Notably, tokens for founders, partners, and advisors remain locked at the time of WLFI listing—an intentional move to bolster market stability and foster investor confidence in the initial WLFI price action. Major exchanges are capitalizing on this hype, with Binance, OKX, and Hyperliquid offering WLFI/USDT perpetual contracts ahead of the spot WLFI listing. These high-profile moves fueled a pre-market WLFI price rally to $0.55, settling at around $0.22—pushing WLFI’s fully diluted market cap to an eye-popping $22 billion. This impressive number already places WLFI’s theoretical market capitalization well above industry titans such as Uniswap and AAVE, drawing even more attention to the upcoming WLFI listing and giving traders plenty to analyze. Inside the Two WLFI Presales: Funding Success and Token Distribution First WLFI Presale Launch: October 15, 2024 20 billion WLFI tokens were offered at a starting WLFI price of $0.015. Raising Target: $300 million at a $1.5 billion project valuation. The first round quickly gained momentum after attracting high-profile industry support, leading to 21.3 billion tokens sold and $319.5 million raised—doubling down on WLFI’s early credibility and buzz before the WLFI listing. Second WLFI Presale 5 billion WLFI tokens available at a WLFI price of $0.05 each, aiming for a $250 million raise at a $5 billion valuation. Growth was steady but slower compared to round one: by January 21, 2025, 960 million tokens sold, totaling $48 million in raised capital. Together, the two presales account for 25 billion tokens of the 35% (35 billion) set aside for public sale—essential information for anyone tracking WLFI price potential and upcoming WLFI listings. Token Usage: According to the whitepaper, all WLFI utility is confined to voting and protocol governance—there are no dividends, income rights, or ties to funds managed by the platform. The raised capital is professionally diversified, but ownership of WLFI does not equal a share in these assets. WLFI Price, Market Cap Analysis, and Investment Potential The near-term WLFI price and future WLFI listing valuations will reflect both the massive presale success and the unique media spotlight from its alleged Trump connections. Early investors from both WLFI presales have seen notional WLFI price gains of over 14x at pre-market peaks—a clear testament to the hype and demand leading up to the official WLFI listing. But is entering at the current WLFI price justified? WLFI’s $22 billion market cap already eclipses top DeFi platforms that have years of successful track record and product-market fit. While the WLFI listing could continue to ride the wave of momentum, investors must recognize: The WLFI token only provides governance rights. Most WLFI tokens remain locked, and future unlocks (and possible sell pressure) are subject to governance votes. No formal link or direct endorsement from Trump or his family—despite all the media buzz around WLFI’s relationship to Trump. Given these factors, the WLFI price may remain volatile following the long-anticipated WLFI listing, creating both opportunity and significant risk. Do your due diligence, monitor each WLFI price movement, and be wary of overexposure due to market hype. How to Buy WLFI on Bitget Want to secure your share during the WLFI listing? Once live, trading WLFI on Bitget is straightforward: Register & KYC: Create a Bitget account and complete the identity verification process. Fund Your Account: Deposit USDT or another major asset. Track the WLFI Listing: Watch Bitget’s announcements for the launch of WLFI/USDT spot trading pairs and future trading. Place Your Order: Buy WLFI at market or limit prices to take advantage of real-time WLFI price movement. For On-Chain Access: Use Bitget Wallet for decentralized swaps if WLFI liquidity pools are live. Conclusion WLFI’s upcoming listing is set to be one of the most closely followed DeFi launches of the year, combining sky-high presale numbers, endless rumors about its relationship to Trump, and a blockbuster WLFI price trajectory. With the official WLFI listing on the horizon, be sure to stay updated with the latest WLFI price reports and market news. As always, invest with awareness and keep an eye on both the opportunities and risks that come with such a high-profile WLFI listing.

World Liberty Financial (USD1): A Trump-Inspired Vision for the Future of Decentralized Finance

What is World Liberty Financial (USD1)? World Liberty Financial (USD1) is a DeFi platform that aims to make DeFi easy to use, secure, and available to a broad audience. One of its main products is USD1, a stablecoin designed to keep its value equal to one U.S. dollar. WLFI is closely linked to Donald J. Trump and his family, who are involved in its leadership and promotion. The company has quickly attracted attention, raising over $550 million from investors worldwide. Who Created World Liberty Financial (USD1)? WLFI was co-founded by Zach Witkoff, a young entrepreneur, along with members of the Trump family, including Donald Trump Jr. and Eric Trump. The Trump family holds a significant stake in the company and actively promotes its initiatives. Other key figures involved include Chase Herro and Zak Folkman, who have backgrounds in cryptocurrency ventures. The company's leadership combines experience in real estate, politics, and digital finance. What VCs Back World Liberty Financial (USD1)? World Liberty Financial has attracted substantial investments from various venture capital firms and industry leaders. Notably, DWF Labs invested $25 million into WLFi, recognizing the platform's potential to revolutionize the DeFi space. Additionally, prominent figures such as Justin Sun, founder of Tron, have shown confidence in WLFi by making significant investments. These investments underscore the industry's belief in WLFi's mission and the viability of its offerings. How World Liberty Financial (USD1) Works World Liberty Financial operates on a decentralized model, utilizing smart contracts to facilitate financial transactions without the need for intermediaries. Users can engage in various financial activities, such as lending and borrowing, directly through the platform. USD1 plays a crucial role within this ecosystem by providing a stable medium of exchange. Its integration into WLFi's services allows users to transact with confidence, knowing that the value of their digital assets remains consistent. World Liberty Financial operates under a decentralized governance model, empowering its community members through the WLFI token. Token holders have the right to vote on key decisions, giving them direct influence over the platform's development, upgrades, and overall policy direction. This governance structure ensures that the platform remains community-driven and responsive to user needs. USD1, the platform’s stablecoin, is built with cross-chain compatibility in mind. It is available on multiple blockchain networks, allowing for seamless integration into a wide range of DeFi applications. This broad accessibility enhances the utility of USD1 across different ecosystems and platforms. To maintain the highest standards of security, World Liberty Financial has partnered with established custodians like BitGo. These partnerships ensure that all user assets, including the reserves backing USD1, are safeguarded using industry-leading security protocols. This commitment to security builds trust and reliability in the WLFi ecosystem. USD1 Goes Live on Bitget World Liberty Financial (WLFI) offers a secure, transparent, and user-driven DeFi ecosystem that blends the trust of traditional finance with the innovation of blockchain. Its USD1 stablecoin provides a reliable digital dollar alternative—fully backed, cross-chain compatible, and custodied by BitGo. With strong backing, real-world use cases, and growing exchange listings, including Bitget, USD1 stands out as a practical tool for stable, privacy-preserving digital transactions. For users seeking to engage confidently in DeFi or diversify with a U.S.-pegged asset, trading USD1 on Bitget presents a timely opportunity. How to Trade USD1 on Bitget Listing time: May 26, 2025 Step 1: Go to USD1USDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade USD1 on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions. Follow Bitget X to win 1 BTC

Trump Coin Price Is Soaring – But Should You Invest Right Now?

Just when you thought meme coins couldn’t get any wilder, Trump Coin (officially known as OFFICIAL TRUMP with ticker TRUMP) is back in the spotlight. Fueled by surging trading volume, viral buzz, and a once-in-a-lifetime dinner with the President Donald J. Trump, this politically charged cryptocurrency is making serious waves. Over the past 7 days, OFFICIAL TRUMP has jumped more than 20%, and crypto traders everywhere are asking: Should I get in now, or is the pump already over? Let’s break down the price action, the hype around the Trump dinner, and the real risks before deciding if you should buy OFFICIAL TRUMP (TRUMP). A Surge Backed by Numbers OFFICIAL TRUMP Price Source: CoinMarketCap In the past seven days, OFFICIAL TRUMP jumped from around $11 to nearly $14.90, before stabilizing near $13.46. That performance places it among the top-performing tokens of the week. The coin’s marketcap has reached $2.6 billion, with 24-hour trading volume peaking above $3.1 billion and now sitting at approximately $1.4 billion. Such a high volume-to-market-cap ratio—over 50%—signals that speculative trading is in full force. Despite the recent surge, the token is still far below its all-time high of around $75 back in January 2025. But given the renewed momentum, many believe another run could be on the horizon. Trade OFFICIAL TRUMP (TRUMP) on Bitget now! The Trump Dinner That Set the Market on Fire On May 22, 2025, Donald Trump is set to host a private dinner at Trump National Golf Club near Washington, D.C. But it’s not just a campaign stop — it’s an event exclusively for OFFICIAL TRUMP holders. How It Works: Only the top 220 holders of TRUMP (based on a time-weighted balance from April 23 to May 12) qualify. The top 25 wallets receive VIP status, including a private reception and next-day White House tour. To enter, buyers had to register their wallet and maintain their holdings for three weeks. Some investors spent millions to climb the leaderboard. One wallet famously acquired over $13 million worth of TRUMP just to earn a top-25 spot. This created intense buying pressure, driving the token up nearly 50% in a single day when the contest was first announced. The price then consolidated, but remained elevated as people speculated that even more exclusive events could be on the horizon. However, there’s a caveat: the event could still be postponed or canceled, and participants may instead receive a digital collectible (NFT). That fine print didn’t stop whales from piling in — but it does raise questions for risk-conscious traders. Technical Signals: Bullish... But Cautious From a trading perspective, OFFICIAL TRUMP shows strong short-term momentum—but also extreme volatility. Here’s what the charts reveal: Support Levels: $11.00: A recent support line that has held firm during dips $7.50: A deeper level seen during April’s lows Resistance Levels: $15.00: The most immediate ceiling $20.00 and $75.00: Psychological barriers, with $75 being the all-time high from January Indicators: Short-term moving averages are sloping upward, suggesting continued bullish sentiment Overbought signals are flashing on several oscillators, warning of a potential cooldown Trading platforms classify the coin as “neutral to bullish,” reflecting cautious optimism In short: the chart is favorable for momentum traders—but timing and risk management are essential. Inside the Community: What People Are Saying About TRUMP No meme coin thrives without a community, and TRUMP is no exception. On social media, enthusiasm is loud. Roughly 40% of posts about OFFICIAL TRUMP are positive, especially among Trump supporters and crypto gamblers chasing quick gains. The project’s official channels, along with Trump’s posts on Truth Social, have helped fuel the hype. But skepticism is growing just as fast. Many seasoned traders and analysts have flagged the token as risky—pointing to its unusual tokenomics, including: 80% of supply held by insiders Unclear long-term utility Heavy reliance on Trump’s personal brand Still, for meme coin investors, hype often trumps fundamentals—at least in the short term. What's Next for TRUMP Price After the Dinner? This is the big question. A successful Trump dinner could further legitimize the token in the eyes of its supporters. But here are a few factors that could cause turbulence after May 22: 1. Profit-Taking Once the event passes, many holders may begin to sell — especially those who bought purely for eligibility and now have no reason to hold. 2. Token Unlocking Approximately 40 million TRUMP tokens are set to unlock soon. If a significant portion of those tokens enter the market, supply could outpace demand and drive prices down. 3. Media & Regulatory Blowback The more attention the coin gets, the more scrutiny it invites. If regulators view this event as selling political access, it could prompt new rules — or even enforcement actions. In short, post-event price volatility is not just possible, it’s likely. Should You Buy Trump Coin Now? Investing in OFFICIAL TRUMP isn’t a straightforward decision. It all depends on your investment profile. If you’re a short-term trader who understands meme coin dynamics and knows how to manage exits, then TRUMP might offer an opportunity. The coin still has momentum, and speculation around future Trump-branded events could keep it afloat—at least temporarily. But if you're a long-term investor looking for utility, transparency, and decentralized fundamentals, OFFICIAL TRUMP may not be for you. The token’s centralized distribution, event-dependent hype cycle, and regulatory risks make it a highly speculative asset. Most importantly, if you can’t afford to lose your investment—or if you’re simply chasing FOMO—it’s wise to think twice before jumping in. Conclusion OFFICIAL TRUMP has proven that in the world of crypto, narrative can be just as powerful as utility. By tying itself to real-world exclusivity—a private dinner with a former president—it has turned heads far beyond typical meme coin circles. The result has been a rapid price surge, massive trading volume, and a wave of curiosity from both political supporters and speculative traders. As the May 22 event draws near, interest in TRUMP remains high, and the short-term momentum could continue. Still, the real test will come after the spotlight fades. Without ongoing events or new utility, the coin may struggle to maintain its current valuation. It sits at a crossroads between cultural moment and market sustainability. For those considering an investment, this is a coin that rewards timing over patience and thrives on attention more than adoption. Watching closely—or entering with caution—might be the smartest strategy for now. Register now and explore the wonderful crypto world at Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Top 7 Trump Coins to Watch in 2025

Introduction Trump coins have surged into the spotlight as meme-driven cryptocurrencies continue to capture global attention in the digital asset market. With the political landscape in the United States heating up ahead of the 2024 elections, Trump-inspired tokens are making headlines for their sharp price moves and viral social media presence. Just in recent weeks, the "Trump coin" market has seen record trading volumes, partially fueled by endorsements—or criticism—by prominent crypto influencers. These meme coins blend political fandom with speculative investing, making them uniquely positioned within both the cryptocurrency and political spheres. In this article, we examine the leading Trump coins to watch or invest in for 2025, providing detailed insights into their mission, market performance, and investment prospects. What Are Trump Coins? Trump coins are a category of meme cryptocurrencies themed after Donald J. Trump, the former President of the United States and current high-profile political figure. These digital assets leverage the Trump brand as a tongue-in-cheek nod to the intersection of politics and finance. Within the broader meme coin ecosystem, Trump-themed tokens have become a vehicle for both political commentary and speculative trading, often catalyzed by viral news cycles and celebrity endorsements. The appeal of Trump coins lies in their ability to harness strong community support—much like DOGE or PEPE—while also benefiting from the ongoing attention surrounding political events. Investors and speculators are drawn to these coins not only for potential profit but also for their cultural resonance in an era where memes and politics are increasingly intertwined online. Overview of Each Trump Coin to Watch in 2025 Below are the leading Trump-themed coins making waves in the crypto industry. Our list accounts for a detailed narrative, followed by Mission Vision, Market Performance, and Pros Cons. 1. OFFICIAL TRUMP Coin (TRUMP) The OFFICIAL TRUMP coin is widely recognized as the flagship Trump-themed cryptocurrency, with a significant presence on established exchanges and robust community backing. Launched to commemorate the personality and political legacy of Donald Trump, it distinguishes itself through clear branding, social media campaigns, and integration with real-world merchandise. Mission and Vision The OFFICIAL TRUMP coin aims to serve as a digital token for Trump supporters, fostering political engagement and offering exclusive access to Trump-related virtual and tangible assets. Its vision is to unify the Trump fanbase within the Web3 economy, potentially enabling donations, voting, or participation in political events using blockchain technology. Market Performance As of Q2 2024, OFFICIAL TRUMP coin recorded a 700% increase in trading volume in May, following renewed media coverage ahead of the presidential debates. The coin’s price reached an all-time high of $0.46, and experienced significant volatility, typical of meme coins. Benefits Drawbacks Advantages: Official branding and strong marketing support Deep liquidity and listings on major exchanges Strong and growing online community Disadvantages: Highly speculative and prone to rapid price swings Regulatory uncertainty surrounding political coins Dependency on political news flow Trade OFFICIAL TRUMP (TRUMP) on Bitget now! 2. MAGACOIN (MAGA) MAGA capitalizes on the iconic "Make America Great Again" slogan, appealing to grassroots supporters and meme coin traders alike. Created as a decentralized tribute, MAGA has gained traction for community-oriented events and viral challenges on crypto Twitter. Mission and Vision MAGA seeks to empower pro-Trump communities worldwide with a fun, accessible digital currency. It emphasizes charitable activities and intends to donate a portion of transaction fees to political causes. Market Performance After a breakout in April 2024, MAGA consistently ranked among the top three Trump coins by trading volume. Its price fluctuates with major news events, often rising in tandem with increased political discourse. Advantages Disadvantages Pros: Grassroots-driven marketing Integrated with crypto charity platforms Opportunities for airdrops and community rewards Cons: Less transparency in leadership than the official project Frequent pump-and-dump cycles Regulatory questions over political donations 3. TRUMP INU (TRUMPINU) TRUMPINU leverages the lighthearted appeal of dog-themed meme coins with a Trump twist. By coupling the “Inu” brand with political branding, TRUMPINU targets a diverse audience of meme coin traders and political meme enthusiasts. Mission and Vision TRUMPINU’s mission is to bring humor and inclusiveness to the Trump coin niche, supporting social engagement as well as entertainment. The community proposes NFT drops themed around political humor and satire. Market Performance While smaller in market cap than TRUMP and MAGA, TRUMPINU enjoyed a 400% rally following a May 2024 tweet from a well-known crypto influencer praising its satirical NFT collection. Benefits Drawbacks Advantages: Strong engagement among meme coin traders NFT roadmap with unique satirical assets Lower entry price for retail investors Disadvantages: Limited real-world utility Vulnerable to low liquidity and rapid dumps Meme coin “hype cycle” risks 4. DADDY TRUMP (TADDY) DADDY TRUMP stands out with its irreverent branding and clever marketing, blending “crypto dad” humor with Trump iconography. Its development team has garnered praise for transparency and consistent community updates. Mission and Vision The coin aspires to be the 'father figure' for Trump meme coins, prioritizing secure contracts and educational outreach about meme investing risks. Market Performance DADDY TRUMP showed resilience during bear market pullbacks, maintaining steady liquidity pools. It receives frequent shout-outs from mid-tier crypto YouTubers for its active Discord moderation. Pros Cons Pros: Strong, transparent development team Educational content and financial literacy focus Stable liquidity compared to other meme coins Cons: Smaller market cap, limiting institutional attention Branding is “niche” even within meme coins Dependency on community-driven momentum 5. DONALD TRUMP (TRUMP2024) Launched at the outset of the US election cycle, TRUMP2024 zeroes in on the upcoming presidential race as its main narrative, often running themed promotions aligned with debate nights or polling developments. Mission and Vision TRUMP2024 promises to facilitate blockchain-based campaign events, collectibles, and interactive votes on political topics using its token. Market Performance According to CoinMarketCap, TRUMP2024 experienced its largest price spike during the Super Tuesday primaries, underscoring the coin's close correlation to election events. Advantages Disadvantages Advantages: Real-time engagement with US elections Integration with campaign event streams Backed by active “red wave” supporter subgroups Disadvantages: High volatility tied to election outcomes Notable risk of losing relevance post-2024 Yet to establish longer-term post-election utility 6. SUPER TRUMP (STRUMP) SUPER TRUMP (STRUMP) is a trending Trump-themed meme coin that leverages the cultural phenomenon of superhero narratives by depicting Donald Trump as a larger-than-life, comic book-style figure. Launched in late 2023, it quickly captured the imagination of both political enthusiasts and meme coin traders, fueled by creative social media campaigns and viral community content. The project’s branding merges political satire with pop culture aesthetics, leading to increased engagement among younger crypto audiences and meme enthusiasts. Mission and Vision STRUMP’s mission is to create a fun and inclusive platform where political satire meets blockchain technology. The project aspires to unite supporters and critics of Trump alike, turning current events into interactive NFT drops, meme competitions, and rewards for active community engagement. Through these activities, STRUMP aims to become the go-to token for playful political commentary within Web3. Market Performance STRUMP saw its trading volume triple in early June 2024 during a widespread meme coin rally triggered by U.S. primary elections. The token charted a notable price increase of more than 160% in a single week, earning mentions across crypto YouTube channels and X (formerly Twitter). Despite its meme-status volatility, the steady growth in community size reflects a trending interest among retail investors. Advantages Disadvantages Advantages: Highly engaging branding combining politics and pop culture Rewarding incentive mechanisms for active participants Strong viral marketing and NFT collaborations Disadvantages: High volatility and limited utility beyond meme trading Meme cycle popularity may fade after key political events Not yet listed on Tier-1 exchanges, affecting liquidity 7. TRUMP CAT (TRUMPCAT) TRUMPCAT combines Trump iconography with the viral power of cat meme coins, targeting the intersection of political satire and animal-themed crypto. Mission and Vision The coin aims to foster light-hearted political commentary, using cat memes and collectible NFTs to build a less combative, more inclusive Trump-themed digital community. Market Performance TRUMPCAT has been lauded for its viral NFT series, occasionally trending alongside other major meme tokens. Benefits Drawbacks Advantages: Cross-over appeal to two major meme segments Engaging viral NFT drops Fun, less-contentious political discourse Disadvantages: Overlap with other meme categories may dilute brand Lower trading volumes Heavily driven by NFT demand cycles Conclusion Trump coins remain a vibrant and evolving sector within the cryptocurrency market, blending political fandom, satire, and technological innovation. From established leaders like the OFFICIAL TRUMP coin to more experimental tokens such as TRUMPCAT, these assets demonstrate the ongoing intersection of culture and finance in Web3. Political cycles and media attention will continue to drive volatility and trading interest well into 2025. As always, potential investors should conduct diligent research, considering both the unique risks and rewards associated with meme and political coins. Frequently Asked Questions Is investing in Trump coins a good idea in 2025? Trump coins can offer speculative opportunities, especially during political events or news cycles. However, they are high-risk and highly volatile assets, best suited for experienced traders or meme coin enthusiasts. Never invest more than you can afford to lose. What drives the price of Trump coins? Trump coin prices are often influenced by political events, social media trends, endorsements or criticisms from crypto influencers and celebrities, and market liquidity. Where can I buy Trump coins? You can trade popular Trump-themed coins on major exchanges like Bitget. Always ensure you use reputable platforms and store assets securely. Register now and explore the wonderful crypto world at Bitget! Disclaimer: All investment strategies and investments are subject to the risk of loss. Nothing contained in this article should be construed as investment advice. Users are strongly advised to do their due diligence and invest at your own risk.

Polymarket: The Crypto Betting Site That Knows the Future (Sometimes)

What if you could turn your opinions about world events into real money? Welcome to Polymarket—a blockchain-powered prediction platform where users bet on everything from elections and celebrity drama to economic forecasts and legal showdowns. Backed by crypto and powered by collective intelligence, Polymarket promises a glimpse into the future or, at least, the one the internet believes in. In this article, we'll explore how Polymarket makes money, how it works, its controversial rise under founder Shayne Coplan, and how Donald Trump became the platform's most high-stakes subject. What Is Polymarket? Polymarket is a decentralised prediction market that lets users bet on real-world outcomes using crypto. Think of it as a betting exchange crossed with a news ticker, except powered by the Polygon blockchain and run through smart contracts. Users can bet on yes-or-no questions like "Will Donald Trump win the 2024 U.S. Presidential Election?" or "Will Apple release a foldable iPhone by 2026?". Each market has a share price between $0 and $1, which reflects the crowd's belief in that outcome. If you buy Yes at $0.40 and the event happens, you get $1. If not, you lose your stake. Source: Polymarket What sets Polymarket apart is its use of blockchain infrastructure and stablecoins like USDC to create transparent, tamper-resistant markets. No bookie needed, no house bias. How Does Polymarket Work? At its core, Polymarket is a trading platform for probabilities. You connect a crypto wallet, fund it with USDC, and start buying or selling shares in future events. These aren't fantasy points or play money; it's real crypto at stake. Markets are resolved by oracles (automated systems or trusted sources like news outlets) that determine the outcome once an event concludes. The entire process runs on smart contracts, meaning trades, payouts, and record-keeping are all automated and publicly verifiable on the blockchain. For example: ● A Yes share priced at $0.65 implies a 65% chance of the event happening. ● If you disagree, you can buy No at $0.35. ● When the event resolves, winners get $1 per correct share. Losers get $0. This system enables real-time, crowd-sourced forecasting that adapts to breaking news, rumors, and shifting sentiment, sometimes faster than polls or pundits. How Does Polymarket Make Money? Polymarket takes a 2% fee on net winnings, meaning if you bet $100 and win $200, you keep $198. Losers pay nothing beyond their original bet. It’s a simple model that scales well with high-volume events. Additional revenue sources include: ● Market creation fees: Users must pay to launch new markets to filter out spam and help maintain quality. ● Liquidity spreads: Price differences between buy/sell orders allow market makers and sometimes the platform to earn indirectly. ● Data insights: With millions of user-generated predictions, Polymarket's data is a goldmine for traders, researchers, and journalists tracking public sentiment. In short: Polymarket wins when users are active, not when they lose. The Visionary (and Controversial) Shayne Coplan At the centre of Polymarket's rise is Shayne Coplan, the platform's enigmatic founder. A college dropout from New York and early Ethereum adopter, Coplan launched Polymarket in 2020 with the idea that prediction markets could outshine polls and pundits. Backed by investors like Founders Fund and Vitalik Buterin, Coplan grew Polymarket into a crypto phenomenon. But with success came scrutiny. In 2022, the U.S. Commodity Futures Trading Commission (CFTC) fined Polymarket $1.4 million for offering unregistered binary options. The platform agreed to block U.S. users, but questions lingered about enforcement. In late 2024, just after the U.S. presidential election, FBI agents raided Coplan's apartment in connection with an ongoing federal investigation. Though he wasn't arrested, the move signaled growing legal pressure on prediction markets, and added to Coplan's mythos as a rebellious founder operating in a legal grey zone. Trump and the Billion-Dollar Bets If one figure defines Polymarket's rise, it's Donald J. Trump. The platform exploded in popularity during the 2024 U.S. election, as users bet over $1 billion on whether Trump would reclaim the presidency. Markets at times gave him a higher chance of winning than major polls did, leading many to wonder if Polymarket was seeing something others weren't. Source: Polymarket 2024 Election Forecast At the peak, four anonymous "Trump whales" collectively wagered over $40 million on his victory. Rumours swirled: Was it insider knowledge? Just conviction? Either way, Polymarket became the go-to source for those who wanted a live, financial pulse on the election. The aftermath? Trump won—and so did those traders. But regulators took notice. The sheer size of these markets, combined with suspicions that U.S. residents were still accessing the site via VPNs, brought renewed legal heat. Some accused the platform of politicisation, but Coplan maintained it was simply the market speaking. Beyond elections, Polymarket users have bet on: ● Trump's legal indictments ● His social media returns ● Whether he'd attend debates or get convicted These Trump-centric markets have been goldmines for volume and controversy, and they've firmly positioned Polymarket as a cultural barometer, whether regulators like it or not. Why It Matters (and What Comes Next) Polymarket is more than a mere crypto casino. It's a window into how people think the world will unfold. From economic forecasts to entertainment gossip, the markets there reflect the crowd's collective intelligence—or bias. But the big question remains: Is it legal? In many jurisdictions, real-money prediction markets walk a fine line between financial derivatives and gambling. While Polymarket enforces geoblocks and claims to comply with local laws, its future may hinge on whether regulators see it as a forecasting tool, or a threat to democratic processes. Still, for crypto users, data junkies, and risk-takers, Polymarket is the most exciting place to bet on what's next. Remember that Polymarket doesn't promise it knows the future, but it shows you what the internet thinks will happen. Whether that's brilliance or madness depends on your view of markets, memes, and money. But one thing's for sure: it's never boring. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading guidance. Qualified professionals should be consulted prior to making financial decisions.

The Official Trump Meme (TRUMP): The Official Meme Coin by President Donald J. Trump

What is The Official Trump Meme (TRUMP)? The Official Trump Meme (TRUMP) is a meme coin created by Donald Trump to celebrate his presidential election victory and upcoming inauguration for a second term. Despite its lighthearted branding, the TRUMP token has proven to be a serious contender in the crypto world, boasting a market capitalization of $11.7 billion within just three days of its launch. The coin is built on the Solana blockchain, a popular platform known for its fast transactions and low fees. Who Created The Official Trump Meme (TRUMP)? The TRUMP Meme Coin was partly coordinated by CIC Digital LLC, a company affiliated with Trump’s business empire, The Trump Organization. Another key player behind the coin is Fight Fight Fight LLC, a Delaware-based company established earlier this month. Both entities hold 80% of the token’s total supply, giving them significant control over the coin's future direction. While the exact identities of the developers behind TRUMP remain unclear, it is evident that the project benefits from Trump’s massive global following and the branding power of his name. The coin’s website uses imagery and slogans associated with Trump’s political career, such as references to his resilience following an attempted assassination and his iconic rallying cries like “WINNING.” What VCs Back The Official Trump Meme (TRUMP)? The specific venture capital firms backing the TRUMP Meme Coin remain undisclosed. How The Official Trump Meme (TRUMP) Works The TRUMP Meme Coin was launched with an initial supply of 200 million tokens, which will expand to 1 billion tokens over the next three years. This gradual increase in supply is designed to ensure liquidity while maintaining scarcity, a factor that often drives up the value of cryptocurrencies. One unique feature of TRUMP is its meme-based appeal. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, which are often used for financial transactions or building decentralized applications, meme coins rely heavily on social media buzz and community engagement. In the case of TRUMP, the coin has gained momentum through its association with Donald Trump’s larger-than-life persona and his promise to make America the “crypto capital of the planet.” The coin’s website explicitly states that TRUMP is not intended as an investment opportunity or a security. Instead, it positions itself as a “fun and celebratory token” that reflects Trump’s vision for the future of cryptocurrency. However, the token’s soaring price and trading volume—reaching $52.5 billion in 24 hours—suggest that many investors see significant financial potential in this new digital asset. Adding to the excitement is the launch of a separate cryptocurrency by Melania Trump, called MELANIA, which has also gained traction in the market. Together, the two tokens have created a family-driven crypto phenomenon that has captured the public’s imagination. While the TRUMP Meme Coin has generated significant excitement, it also raises important ethical and regulatory questions. Critics argue that public figures like Trump wield enormous influence in speculative markets, which could lead to manipulation or unfair practices. Some analysts worry that the coin’s popularity is driven more by hype than by real-world utility, making it a risky investment for those hoping to profit from its rise. The coin’s ownership structure is another point of concern. With 80% of the tokens held by Trump-affiliated companies, there is a lack of decentralization, which goes against one of the core principles of cryptocurrencies. This concentration of ownership could lead to price manipulation or other issues in the future. TRUMP Goes Live on Bitget As Donald Trump prepares to take office for his second term, the TRUMP Meme Coin is likely to remain in the spotlight. Trump has already hinted at executive orders aimed at making cryptocurrency a national priority, which could further boost the coin’s popularity. However, the long-term success of TRUMP will depend on its ability to maintain investor interest and overcome potential regulatory challenges. For now, the TRUMP Meme Coin stands as a fascinating example of how politics, technology, and internet culture can intersect in surprising ways. How to Trade TRUMP on Bitget Listing time: January 18, 2025 Step 1: Go to TRUMPUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell Trade TRUMP on Bitget now! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Hot Takes (December 12 - December 18)

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, the 360-degree onboarding guide for all crypto enthusiasts. Bitget Hot Takes last week can be found here. Central Themes • BGB shed only 2.75% in a red week for crypto. • FED increased rates by 50bps, implying at prolonged hawkish period into 2023. • SBF arrested in Bahamas, currently seeking extradition. • USDD at US$0.97, Raydium hacked for US$4.4 million. • Former U.S. President Trump announced the sale of his NFT collection. BGB Shed Only 2.75% In A Red Week In a week where both stocks and crypto took a dive, BGB managed to withstand the bloodbath better than most digital assets, second to Bitcoin (-1.86%) only. Meanwhile, even ETH saw a nearly 6% decrease (with a volatility of 35.8%) and BNB declined by 15.69%. Negative market conditions usually turn out to be a time for BGB to shine - with its resilience! For more details about how that is even possible, please check out the monthly performance analysis of BGB here: BGB Sail: November Edition BGB Sail: October Edition BGB Sail: September Edition BGB Sail: August Edition BGB Sail: July Edition BGB Sail: June Edition BGB Sail: May Edition “Reducing inflation is likely to require a sustained period of below-trend growth” Data for November 2022 came in on Tuesday (December 13), showing a “welcome reduction” in monthly inflation data of the U.S. The actual annualised increases stand at 7.1% for CPI and 6% for core CPI compared to the estimated 7.3% and 6.1%. A 75bps hike didn’t seem justified, and the Federal Reserve (FED) ended up raising interest rates by 0.5%. However, the FED is most likely to remain hawkish in the next month because “reducing inflation is likely to require a sustained period of below-trend growth” and “the historical record cautions strongly against prematurely loosening policy”, as said by FED Chair in his remarks. In short, the FED “will stay the course, until the job is done”, causing investors and markets to react fearfully. On Thursday (December 15) only, more than US$878 billion got vaporised from the U.S. stock market, and US$21,839,626,708 from crypto global market cap. Source: WatcherGuru However, there were still several pieces of good news to cheer up the distressed market. Beginners will soon find it easier to get onboard with crypto thanks to the newly announced partnership between PayPal and MetaMask. The current on-ramp options for MetaMask users are MoonPay, Wyre and Transak, but with a Paypal integration, MetaMask can expand their services to 430 million Paypal accounts all around the world. WisdomTree Investments is one of the best when it comes to exchange-traded funds and other exchange-traded products with US$76.2 billion in AUM (as of July 31, 2022). The asset manager has received approval from the U.S. Securities and Exchange Commission (SEC) last week to launch nine new funds that all use blockchain technology to “digitise ownership of each fund’s shares”. On the other side of the globe, investors have welcomed the first Bitcoin and Ether ETFs on the Hong Kong Stock Exchange with US$79 million raised in its first trading session on Friday (December 16). Depeg, exploit and withdrawal suspension Algo stablecoins are expected to be the backbone of DeFi, but all models until now appear to be highly susceptible to losing peg. USDD, an algorithmic stablecoin that emerges after the LUNA/UST crash, lost its peg last Monday and dipped as low as US$0.970245 before recovering to US$0.98 for the whole week. USDD relies on an improved design of UST (now USTC); it is backed by a reserve system consisting of TRX, BTC, USDT and USDC. This is not the first time that USDD saw a deviation from its peg: the chart below shows that USDD has lost the Dollar peg three times since its inception (in June, November and last week). Source: CoinGecko Another L1 ecosystem had to deal with a different issue. The 6th biggest DApp on Solana by unique active wallets, Raydium, was hacked last Friday. Dev team reported that the attacker took control of the DEX’s admin address, thus was able to syphon approximately US$4.4 million in assets out of liquidity pools. The team is offering the attacker a 10% bounty in the hope of getting back the stolen funds. Some CEXs were, on the other hand, getting roasted because of withdrawal difficulties. Some Binance users reported that their withdrawals took quite some time to complete or not completed after Nansen publicised that the 24H outflow from the exchange hit US$3 billion on December 13. The exchange replied that it was a temporary halt for USDC. And OKEx didn’t process any withdrawals in almost seven hours yesterday because of a cloud hardware failure from Alibaba in the Hong Kong area. Fresh capital flows One juicy news of the week is the sale of the Trump Digital Trading Cards. The 45th U.S. President announced the launch of this NFT collection on December 15, which was sold out in less than 12 hours after release. Originally priced at US$99, the floor price of the 45,000-piece collection has reached an all-time high of 0.586 Ethereum (ca. US$695) and is still trading at a floor price of 0.3 ETH, data from CoinGecko shows. Despite the public support from the former U.S. President, the collection is not “owned, managed or controlled by Donald J. Trump”, according to their website. Investment deals of the week include: • Crypto insurance firm Evertas: US$14 million • Non-blockchain decentralised network Nillion: US$20 million • Web3 dog-themed game Dogami: US$7 million • Decentralised sports prediction market Frontrunner: US$4.75 million • Web3 intellectual property protocol Spaceport: US$3.6 million • AR NFT project Onlybots: US$3 million • NFT infrastructure protocol Decent: US$3.5 million • Web3 privacy firm Aztec Network: US$100 million • Crypto payment gateway Utorg: US$5 million The Latest Bitget News While Mazars, auditor of several CEXs, announced the pause of all crypto exchange proof-of-reserves reports, Bitget Reserve Certificate is still available and updated regularly for your safety and trust! Access the reserve data of Bitget as a whole here and learn how to check your personal Merkle Tree by following the guide at the end of the page. Finally, our World Cup 2022 journey has come to an end with the victory going to our Hero, Lionel Messi. Today is also the last day of Bitget’s fierce trading competition KCGI - stay tuned to know the true champion! Sharing is caring: Seed, Bitget’s first and exclusive NFT collection, is launching, with the first batch directly distributed to FTT holders to assist them on this difficult transition. We are here to help the crypto community with unwavering dedication - check out our US$200 million Bitget Protection Fund and our US$5 million Builders’ Fund as well! Bitget SharkFin, our new structured investment product that offers good yields at significantly lower risks, was launched last week with two pools (USDT and BTC) of 8.41% - 8.70% APR as the highest yields. While firstcomers are waiting for the earning distribution, all users can set up the reminder to join the two new pools that open tomorrow here! Another new launch from us is Bitget DCA - the useful tool to help investors trading with discipline and commitment! Currently, Bitget users have got access to DCA 45 spot pairs and 37 futures pairs, more will soon be added to the selection! Check out our full tutorial here to not miss a dang thing about this practical trading option. New Listings Spot Trading OASUSDTKAVAUSDT PRIMALUSDT PUMLXUSDT HOOKUSDT Futures Trading BATUSDT FOOTBALLUSDT MKRUSDT Good Reads Glossary Of P2P Trading Why Is It Necessary To Use A Stop Loss Comprehensive Manual To Bitget Spot Margin Trading How To Perform Market Sentiment Analysis With Indicators Using Social Media To Perform Market Sentiment Analysis Follow us for the latest updates: Twitter | Telegram | LinkedIn | Facebook | Instagram