Analysis: Bitcoin's rise today may be affected by Trump's launch of his personal Meme coin

PANews reported on January 18 that according to Jinshi, the US President-elect Trump posted on his social account, announcing the launch of his personal Meme coin TRUMP, and informed users that they need to visit the website with the domain name "gettrumpmemes" to obtain the Meme token. According to CoinGecko data, the market value of TRUMP coin has reached 4 billion US dollars, and its market value has ranked fourth among Meme coins. The top three are DOGE (market value of 58.7 billion US dollars), SHIB (market value of 13.3 billion US dollars), and PEPE (market value of 7.8 billion US dollars). Bitcoin was also affected by this, rising straight from around 97,000 US dollars to over 105,000 US dollars, and then fell back, falling below 103,000 US dollars during the session, and falling more than 1,100 US dollars during the day.

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Author: PA一线

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