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    #71
    Originally posted by errolanderson View Post
    Trump memecoin collapses 40% as Melanie memecoin is launched. Beyond insane . . . .
    Donald Trump's newly created cryptocurrency soared on Monday to nearly $11 billion in market value, drawing in billions in trading volume, while bitcoin hit a record high just hours ahead of the U.S. President-elect's return to the White House.

    Launched on Friday, Trump's meme coin, also known as $TRUMP, stood at $52.71 by 1230 GMT on Monday, giving it a market capitalisaton of about $10.7 billion, according to CoinMarketCap, which ranked it as the 18th biggest cryptocurrency. The coin rose to as much as $74.59 on Sunday, having risen from less than $10 early on Saturday morning, while 24-hour trading volume reached $52.5 billion.

    Trump had on Friday launched the digital token with branding including an image from his attempted assassination in July, expanding his cryptocurrency interests that already include World Liberty Financial. Of the total number of tokens, 80% are owned by CIC Digital LLC, which is an affiliate of Trump's business The Trump Organization, and another business called Fight Fight Fight LLC, the token's website says.

    Melania Trump launched her own cryptocurrency on Sunday, which was trading at around $9.6 with a market cap of $1.85 billion, at 1230 GMT, according to CoinMarketCap.

    Bitcoin hit an all-time high of $109,071.86 BTC= in early European trading before falling back to trade around$106,600. The world's largest cryptocurrency has surged more than 10% so far this month.?

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      #72
      VOLATILE WEEK FOR SURE: Trump hesitates on tariffs on
      Cdn dollar surges 80 pts breaking above 70.20 cents early. USD and crude oil down sharply.

      From a 60% campaigning China tariff threat to a memo on Day 1 to investigate unfair trade practices.

      This is a moving target that directly all equities and commodities. Every move, market will digest and react.
      Last edited by errolanderson; Jan 20, 2025, 09:58.

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        #73
        Trump said as of today DEI hiring is out and merit-based hiring is in. Thumbs Up

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          #74
          Have been told that the big 5 banks here. To be sent East for management training. Chances slim if you're white. Pendulums swing , some just move slower.

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            #75
            Explain memecoins to me like I'm 5 years old...I don't get it. is it just legalized internet gambling or sports betting? or is there really something to it.

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              #76
              Sitting out the bitcoin/memecoin craze. Neither make any sense to me.
              Yes formal announcement by the US Gov't: there are only two genders. Thank you! Enough of that short lived stupidity.

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                #77
                WSJ reporting no U.S. tariffs on China. Canola rolling higher today.

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                  #78
                  I ask did Trump's speech not hit all of us and it's what most Canadians also want. Trudeau is a failure propped up by the useless NDP.

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                    #79
                    Toast

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                      #80
                      His speech was certainly entertaining.
                      Anyone with critical thinking can see through the bs.
                      How often can a political speech bring laughter instead of high blood pressure?

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