Altcoins

Just days before his inauguration, Donald Trump announced on X and Truth Social the launch of the "official" meme coin TRUMP.

Ripple’s native token XRP has touched a psychologically important $2 mark as bearish sentiment takes over with spot volumes declining over the holiday season.

The planned unlock that occurs every first day of the month will add 1.74% to the current circulating supply, putting additional selling pressure on the cryptocurrency.

The on-chain data by Santiment reveals that whales bought 40 million XRP in the last 24 hours after a week of price consolidation.

World Liberty Financial, a DeFi project backed by Donald Trump’s family, went on a $2.5 million Ethereum buying spree after the crypto market took a nosedive caused by the recent Federal Reserve rate cut.

Legal expert Jeremy Hogan expects XRP ETF products to get a green light from the SEC in the summer of 2025, potentially opening a new era for Ripple. 

The XRP has shown remarkable growth over the past month and recently broke past the $1.6 mark, surging to levels unseen since April 2021. 

The crypto’s ‘enemy number one’ will leave the role as the US Securities and Exchange Commission Chairman when Donald Trump officially takes office on January 20.

Ripple’s native token XRP posted double-digit gains on Tuesday, positioning itself among the top 10 gainers as rumors spread about the CEO Brad Garlinghouse's meeting with Trump.