{"id":8805,"date":"2025-01-21T09:48:57","date_gmt":"2025-01-21T09:48:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8805"},"modified":"2025-01-21T09:48:57","modified_gmt":"2025-01-21T09:48:57","slug":"extreme-meme-coin-volatility-bitcoins-btc-new-ath-and-more-bits-recap-jan-21","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8805","title":{"rendered":"Extreme Meme Coin Volatility, Bitcoin\u2019s (BTC) New ATH, and More: Bits Recap Jan 21"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Trump-related tokens soared before plunging by double digits, reflecting the meme coin market\u2019s volatility.<\/li>\n<li>Bitcoin (BTC) hit an all-time high of almost $110K but dropped to $102K after Trump\u2019s inauguration, which lacked crypto mentions.<\/li>\n<li>Ripple (XRP) peaked at $3.30 before dipping to $3.08, though analysts remain optimistic about a potential rally.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-379653\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/Recap_CB-36-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Trump-Themed Memes Went Crazy<\/h2>\n<p><span data-preserver-spaces=\"true\">The past several days have been more than eventful for the cryptocurrency industry, whose global market capitalization briefly surpassed $3.8 trillion on January 20 before plunging to its current $3.65 trillion (per CoinGecko\u2019s data).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Perhaps the most apparent reason for the enhanced volatility was the hype surrounding Donald Trump\u2019s official return to the White House as America\u2019s 47th President. <\/span><span data-preserver-spaces=\"true\">Besides<\/span><span data-preserver-spaces=\"true\"> taking center stage on the political scene, the Republican also made waves in the crypto sector, launching a meme coin of his own.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The token, <\/span><span data-preserver-spaces=\"true\">called<\/span><span data-preserver-spaces=\"true\"> Official Trump (TRUMP), <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/donald-trumps-official-meme-coin-cracks-top-40-altcoins-crypto-community-reacts\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">saw the light of day<\/span><\/a><span data-preserver-spaces=\"true\"> on January 18. Shortly after, it experienced a spectacular price increase, and<\/span><span data-preserver-spaces=\"true\">\u00a0its market capitalization surged past $14.5 billion.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As it often happens in the meme coin niche, though, the rally <\/span><span data-preserver-spaces=\"true\">was followed<\/span><span data-preserver-spaces=\"true\"> by a painful correction. TRUMP is <\/span><span data-preserver-spaces=\"true\">currently<\/span><span data-preserver-spaces=\"true\"> worth approximately $38, representing a nearly 50% decline from its peak.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_379652\" aria-describedby=\"caption-attachment-379652\" style=\"width: 577px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP-Price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-379652\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP-Price.png\" alt=\"TRUMP Price\" width=\"577\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP-Price.png 832w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP-Price-300x208.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP-Price-768x533.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/TRUMP-Price-50x35.png 50w\" sizes=\"auto, (max-width: 577px) 100vw, 577px\"><\/a><figcaption id=\"caption-attachment-379652\" class=\"wp-caption-text\">TRUMP Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Interestingly, the price started retracing minutes after Melania Trump (Donald Trump\u2019s wife) also<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-token-crashes-over-50-as-melania-trump-launches-meme-coin\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">\u00a0jumped<\/span><\/a><span data-preserver-spaces=\"true\"> on the meme coin bandwagon. She introduced Melania Meme (MELANIA), which at one point reached $2 billion in market cap. This rise was likely fueled by Binance, Bybit, and other leading crypto exchanges, which <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/melania-token-hit-13-after-gaining-support-from-major-crypto-exchanges\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">allowed<\/span><\/a><span data-preserver-spaces=\"true\"> trading services with the asset.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Similar to<\/span><span data-preserver-spaces=\"true\"> TRUMP, though, MELANIA headed south in the following hours and is currently trading at around $4.50 (a 50% plunge on a 24-hour scale).<\/span><\/p>\n<figure id=\"attachment_379651\" aria-describedby=\"caption-attachment-379651\" style=\"width: 591px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-379651\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price.png\" alt=\"MELANIA Price\" width=\"591\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price.png 1057w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price-300x203.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price-1024x694.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price-768x520.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/MELANIA-Price-50x34.png 50w\" sizes=\"auto, (max-width: 591px) 100vw, 591px\"><\/a><figcaption id=\"caption-attachment-379651\" class=\"wp-caption-text\">MELANIA Price, Source: CoinGecko<\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">BTC\u2019s New Peak<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The primary cryptocurrency <\/span><span data-preserver-spaces=\"true\">experienced severe turbulence, too<\/span><span data-preserver-spaces=\"true\">. As <\/span><em><span data-preserver-spaces=\"true\">CryptoPotato<\/span><\/em> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-btc-sees-new-ath-chainlink-link-explodes-15-daily-market-watch\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reported<\/span><\/a><span data-preserver-spaces=\"true\">, its price skyrocketed to <\/span><span data-preserver-spaces=\"true\">a new<\/span><span data-preserver-spaces=\"true\"> all-time high of almost $110,000 on January 20.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, as the day progressed, BTC started losing steam. It <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/over-200b-wiped-from-crypto-markets-after-trump-ignores-crypto-in-ceremony-speech\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">tumbled<\/span><\/a><span data-preserver-spaces=\"true\"> below $102,000 minutes after Donald Trump\u2019s inauguration. The Republican touched upon numerous topics during his speech but did not mention the cryptocurrency industry <\/span><span data-preserver-spaces=\"true\">at all<\/span><span data-preserver-spaces=\"true\">, which might explain why the asset underperformed.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the following hours, BTC reached a local bottom of around $100K before the bulls stepped in and pushed the valuation to the current $102,100.<\/span><\/p>\n<figure id=\"attachment_379650\" aria-describedby=\"caption-attachment-379650\" style=\"width: 568px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-7.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-379650\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-7.png\" alt=\"BTC Price\" width=\"568\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-7.png 847w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-7-300x211.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-7-768x541.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/BTC-Price-7-50x35.png 50w\" sizes=\"auto, (max-width: 568px) 100vw, 568px\"><\/a><figcaption id=\"caption-attachment-379650\" class=\"wp-caption-text\">BTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<h2><span data-preserver-spaces=\"true\">XRP\u2019s Price Swings<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Last but not least, we will focus on Ripple\u2019s native token, whose price<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/why-is-the-ripple-xrp-price-up-today-21\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">\u00a0surpassed<\/span><\/a><span data-preserver-spaces=\"true\"> $3.30 at one point on January 20. Its solid performance coincided with the bullish environment in the entire crypto space and the increased whale activity.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nonetheless, the market decline in the past several hours has negatively affected XRP, and as of this writing, it is trading at roughly $3.08.\u00a0<\/span><\/p>\n<figure id=\"attachment_379649\" aria-describedby=\"caption-attachment-379649\" style=\"width: 574px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-12.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-379649\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-12.png\" alt=\"XRP Price\" width=\"574\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-12.png 837w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-12-300x209.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-12-768x535.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRP-Price-12-50x35.png 50w\" sizes=\"auto, (max-width: 574px) 100vw, 574px\"><\/a><figcaption id=\"caption-attachment-379649\" class=\"wp-caption-text\">XRP Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Despite the volatility, many analysts remain optimistic that a new ATH is <\/span><span data-preserver-spaces=\"true\">just around the corner<\/span><span data-preserver-spaces=\"true\">. <\/span><span data-preserver-spaces=\"true\">Those include CRYPTOWZRD, <\/span><span data-preserver-spaces=\"true\">who<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1879986038376132680\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">envisioned<\/span><\/a><span data-preserver-spaces=\"true\"> a rise to $4 in the short term, and Dark Defender, <\/span><span data-preserver-spaces=\"true\">who<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/DefendDark\/status\/1881256065477829036\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">predicted<\/span><\/a><span data-preserver-spaces=\"true\"> a push toward $5.80.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/extreme-meme-coin-volatility-bitcoins-btc-new-ath-and-more-bits-recap-jan-21\/\" rel=\"nofollow\">Extreme Meme Coin Volatility, Bitcoin\u2019s (BTC) New ATH, and More: Bits Recap Jan 21<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Trump-related tokens soared before plunging by double digits, reflecting the meme coin market\u2019s volatility. Bitcoin (BTC) hit an all-time high of almost $110K but dropped to $102K after Trump\u2019s inauguration, which lacked crypto mentions. Ripple (XRP) peaked at $3.30 before dipping to $3.08, though analysts remain optimistic about a potential rally. Trump-Themed Memes Went [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-8805","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8805"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8805\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}