Quickly understand the history and background of various well-known coins

Trump's Tweets Shake DOGE & Bitcoin Prices as New Exchange Surges

Coin WorldSunday, Jan 26, 2025 9:27 pm ET

1min read

Trump's Influence on DOGE & Bitcoin Prices Worries Investors as New Exchange Launch Gains Big Traction

In recent weeks, the cryptocurrency market has witnessed significant fluctuations, with coins like Solana, Bonk, Trump Meme Coin, Dogecoin, and Remittix making headlines. While each of these coins has experienced price changes, the launch of a new exchange has gained substantial traction, raising concerns among investors about the influence of former U.S. President Donald Trump on the prices of DOGE and Bitcoin.

Solana, a high-performance blockchain platform, has had an interesting start to 2025. After reaching a new all-time high on January 19, its price declined by 10% but has since increased by 5% in the last 24 hours. On the daily chart, Solana's price has surpassed important trendlines, indicating a potential continuation of the upward trend. With a bullish MACD signal, the momentum remains robust, and if Solana maintains its position above crucial levels like $232, it could eventually target the $300 mark. However, if it falls below $232, a dip to $170 could be on the horizon.

Bonk, a meme coin, has experienced mixed movements in the crypto market. Its price has seen a slight decrease of about 2.30% over the past day, but its market capitalization remains robust at $2.38 billion, reflecting ongoing investor interest. While the currency's price may seem unpredictable, meme coins like Bonk often undergo significant swings. Prior to this minor correction, Bonk displayed some positive momentum in recent weeks; if favorable market conditions persist, further gains are possible. Due to its volatility, traders and investors in meme currencies like Bonk should be prepared for risks, though it may offer high-risk, high-reward opportunities for those interested.

Trump Meme Coin, launched recently, has garnered significant attention. Its current price is fluctuating around $33.12, reflecting a 5% decrease over the past 24 hours. If the crypto community backs this shift, it could be viewed as a temporary adjustment with potential for future growth. Although still in its early stages, the Trump Meme Coin has captivated many, especially those looking to capitalize on trends and public events. Should it overcome its present

Disclaimer: The news articles available on this platform are generated in whole or in part by artificial intelligence and may not have been reviewed or fact checked by human editors. While we make reasonable efforts to ensure the quality and accuracy of the content, we make no representations or warranties, express or implied, as to the truthfulness, reliability, completeness, or timeliness of any information provided. It is your sole responsibility to independently verify any facts, statements, or claims prior to acting upon them. Ainvest Fintech Inc expressly disclaims all liability for any loss, damage, or harm arising from the use of or reliance on AI-generated content, including but not limited to direct, indirect, incidental, or consequential damages.