Memecoin’s overall valuation crossed the $117 billion mark on Tuesday as President Donald Trump officially replaced Gary Gensler as head of the Securities & Exchange Commission (SEC), marking a paradigm shift for crypto regulation. currencies in the United States. Analyze key market events and technical aspects analysis signals, some prominent meme tokens are showing bullish outlooks for the coming weeks.
Bitcoin fell from yesterday’s all-time high above 109,000, falling to a low of 100,000 before recovering today towards 104,000. The price was corrected lower after the inauguration ceremony of Tump and while extreme greed dominates. While Trump’s actions may be more telling, they are morale-boosting.
A short-lived symbolic frenzy within the Trump family left hopeful investors with heavy losses.