🚨TRUMP COIN CRASHES AS MELANIA LAUNCHES MEMECOIN!

the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks. We're seeing some craziness in the market right now. Before we get to the meme coin news, we have to talk

about bitcoin because it did fake us out. It touched one hundred and six thousand dollars today and it looked like it was going to go into a very bullish close for the week, but then it corrected heavily and currently it's sitting around one hundred and one thousand dollars. So let's see guys. As I said in yesterday's podcast, expect volatility. We get the inauguration tomorrow and things are going to be very choppy, so as always, went in down, zoom out, and let's see what the market shows is

this week. But guys, the big news has to be the meme coins and the madness that's happening here. As reported in yesterday's podcast, Trump launched a meme coin. It's been sucking all the liquidity out from the rest of the all coins. It's been pumping significantly, went over seventy bucks. And if you look at the coins that are leading right now, it's trump Coin, followed by Malania Coin and fart coin. This is crazy. It's meme coin madness, guys.

And Trump's coin dumped today. As mentioned, it touched over seventy actually touched seventy five dollars. Right now, it's sitting around forty four dollars. So if you look at the chart, big red candle, it's not a complete rug, but it looks like it's on its way to be a rug. So this is why you have to be careful of meme coins. This is why I've been sounding the alarms warning people be careful. It's like walking into the casino throwing it on black or red. Just be careful, guys.

I'm not telling you what to do with your money. I'm just presenting the facts to you, and here are some clear facts. Here's the chart. Look at it. This is the trump coin. Look at this giant red candle on the daily right. So this thing was moving like crazy, and I tweeted out about it and a lot of people got triggered. But I was asking how to short it and much more so, be careful with these meme coins.

And Milania decided to launch her own meme coin. It's also built on Solana and her token allocation, according to her website, is fifteen percent for the public. Donald Trump's was ten percent. I sett in yesterday's podcast that is a red flag. I don't like that setup. But hey, it's the free market, and if people want to invest blindly, not understanding what's happening here, they're going to get wrecked. Now, this meme coin situation is a hot topic right now

in the crypto industry, very divisive. Some people saying, oh, this is good, it's going to bring more people to crypto. Other people are saying this is a griff and it's going to get a lot of people hurt and scammed, and who knows what happens as Donald Trump goes into office. This is pretty nuts, and as you can imagine, there's going to be a ton of regulation coming in on these things. One user highlighted here that a few minutes before Trump retweeted Malania's meme coin, a fresh wallet bought

one million dollars worth at fifty nine cents. He says, Mlania has already skyrocketed to seven dollars and eighty three cents. Now they are up twelve million dollars in hours. Guys, this is crazy and as you can probably imagine, there's people who know about this. There's probably some insider trading.

And I say probably because I don't know fully, but when I see stuff like this, I know that the retail people who don't know better, and they don't know how to read unchained data, they don't understand tokenomics and much more, they're going to get wrecked. And look, there's a lot of Trump supporters. It's one thing to support Trump, right and you say, hey, I voted for him and I appreciate Trump. That's from just blindly investing in a

meme coin, even if it's issued by Trump. It's two separate things here, and many people mentally can't delineate between the two things. They can't separate them, and that's unfortunate. But hey, look it is what it is. I'm just doing my job here to share the knowledge with you guys, to help you understand. And I don't hold any of these coins. I don't hold any meme coins, you guys know. I primarily hold Bitcoin, etherorem XRP. I've got other coins

like hbar, Solana, Chainlink, and so forth. But I don't know what's going to happen with trump coin because it was at number fourteen earlier today it's now at number eighteen, and will they continue to drop. It's possible there could be a big sell off here. Some people were saying that Donald Trump did this before he got into office, and then he's going to disavow it because there's specific rules in the Constitution to prevent you from benefiting financially

in certain ways while you're a president. So look, I'm not a institutional law expert. I just saw what other people were putting forth, and here there was even a coin creative around TikTok. This is nuts, guys, I mean, come on, right, the whole TikTok scenario of TikTok getting banned and unbanned. I think it's live again. And one guy, Ryan Fournier, apparently he's an advisor to the Trump camp. He was participating in it and that dumped. So it's

mean coin madness. Now what's interesting? Eric Trump, donald Trump's son, says wait till you see what they do tomorrow, and he tagged the World Liberty Financial account. So World Liberty Phi is the other crypto project that is associated with Donald Trump. Donald Trump Junior also tweeted out about it, saying, we are extremely proud of what we continue to accomplish

in crypto. Trump is currently the hottest digital meme on Earth, and I truly believe that World Liberty FI will revolutionize defied slash she fi and will be the future of finance. We are just getting started, and some people like, please stop because the Trump coin Milania coin stuff is just going nuts right now. So let's see what they come

up with. One thing that's interesting on chain data analytics is showing that Trump's World Liberty Financial has been buying a lot of etherorem They bought millions of eth in different transactions, So what do they know here? Right? They're buying tons of eth, guys. So it's kind of crazy. Some people are saying, are they taking the profits from the Trump meme coin and then putting into World Liberty FI to buy eth? I don't know. That's what it

seems like. But we gotta be careful here, guys. Once again, you could have voted for the man. You may say, hey, I like what he stands for and so forth. That doesn't mean you go be done with your money. Be careful, guys. Something weird is going on here, and it may not be Donald Trump. I said it yesterday. It could be just his kids doing this. And Trump may have no clue about all these things. He may know, oh my coin is up, but he doesn't understand the implications of

what's happening here. Right, But maybe Eric and Donald and Baron know. So this is the thing, right, It's not even Donald Trump doing these things necessarily, but his kids. So be careful out there, folks. Now, I tweeted out something that triggered a lot of people, and let me refresh it here. I'll give you a full breakdown, but it's about the sentiment and what's happening here. Remember when I keep telling you, guys, hey, have a plan, have a cash out plan. Why am I saying that? Let

me read this to you. We are definitely in the final phase of the bullmarket Wave five. The current meme coin activity is peak greed, as we've seen in many

speculative bubbles. Same story, different acid class. Remember meme investing started in twenty twenty into twenty twenty one with GameStop in AMC, and before that it was buying as many houses as possible with no income, no doc loans in two thousand and five to two thousand and seven, and before that it was grabbing as many dot com stocks as possible, regardless of if they had a business model or not. Now I left out icos and NFTs, but I think you guys get the idea right. Speculative bubbles

frenzy mania, and this is what I've been saying. Things are gonna get crazy and euphoric and extreme greed. You guys know I've been saying that, You're starting to see it, and I believe we are in the final phase of this bullmarket, the Way five. Now, the Way five can last from months to a year, So don't get me wrong. I'm not saying that bullmarket ends tomorrow or next month. Just understand where we're at, and you're going to see a lot of djen activity and people getting super greedy

and oh no, you're crazy. This is a supercycle. This thing is not ending this year. Right, You're gonna see all types of madness. People who don't understand market cyclists. They don't understand bull and bear market cyclists. But we know that, we're educated. We've been here in the bloody bear market buying, right, So be careful out there. It's gonna get crazy and people are gonna call you stupid for taking profits. You're gonna say all types of stuff.

But they just got in, right. The dumb money crowd is starting to enter. They're not all here yet, but they're starting to enter. And unfortunately it's with Donald Trump's mean coins. I wish that wasn't the case. I don't think this is great optics for a president, but look, it is what it is, and I'm just gonna ride this wave, take my profits while these people come in and they're like, oh, we're gonna keep going higher and everything's gonna be pumping. The bullmarket doesn't even started yet.

People were literally commenting on this posting the bullmarket has not started yet. Guess what The bullmarket started in January twenty twenty three. Go look at the charts. The charts tell you what's been going on. But you see the people who are saying these things are not financially educated. They don't understand what's happening. Guys, It's going to get crazy, but there's going to be a reckoning, as there is

in every cycle. Here. Congressman Rocanna, who's been a champion for crypto, and I had him on the podcast a couple of times, he said elected officials must be barred from having mean coins by law. Meme coins are highly speculative, like gambling, must be regulated by the SEC. They are neither neutral money, not controlled by insiders or platforms for innovation. I kind of agree with him there. Now, don't get me wrong, I'm not anti mean coined that all meme

coins need to be banned and much more. I think there needs to be some regulations around it though, because people are getting rugged, guys, Trump aside, people are getting rugged. How do you put a stop to that? Right, you can't have that, and then you have legit projects in the top ten. I'm talking like etherorem and Salona and

XRP and Cardono. Right, people should be investing in projects like this that are proven, that have been around for multiple years, that have a developer community, they have actual real world adoption. So we need to clean this up and get people to focus on the right things. Now. As I stated, you know, in every speculative bubble you have this type of euphoria and greed and froth. Right,

So you can't stop all of it. But I'm concerned about you know, when Grandma's and all these people come in and grab meme coins and then they get wrecked. We don't want to see another FTX and situation like that. So I hope you guys understand where I'm coming from when I make these statements. And I know some people are gonna get triggered because they feel I'm talking down to their bags, right and not making their bags go up, But they don't understand the risks. They haven't been around

the block. And but look, you know, maybe that's their lesson. They need to feel it, they need this is the way they learn and maybe next the next cycle around, they'll know better, hopefully. So guys, that's the news. It is wild. It is crazy. I didn't even know what to say at this point because there's a lot of uncertainty here with Trump going into office tomorrow and much more, and no one saw the coming. And hopefully people don't

get wrecked. I don't want to see Donald Trump's coin dump and get rugged because I know a lot of people are going to get wrecked. So let me know what you guys think. Leave your thoughts and comments below. Guys, be sure to check out our sponsor Uphold, which is a great platform to buy a lot of different all coins and bitcoin and much more. And you can earn rewards and stable coins like Ripples, r L, us D, Paypals, p yus D, Circles USDC and much more. Also sign

up for my free email newsletter. It's one hundred percent free. Today I did a write up on the Trump and Millennia meme coins, so that includes a lot of information and data. And grab a copy of my book Rethinking Crypto. It actually covers what happened with FTX and the things you should avoid when it comes to investing. So my book has these warnings in it guys, so grab a copy if you haven't as yet. Thank you guys for watching and listening. I appreciate you all, and I'll talk to you all later