
President Donald Trump could have already inked more than $800 million in income following the launch of his memecoin, according to Coinbase director Conor Grogan. The Official Trump ( TRUMP ) memecoin launched in mid-January a few days before Trump’s presidential inauguration. It is already the 40th-largest crypto asset by market cap. Grogan notes on the social media platform X that the project’s team has sent $482 million worth of the stablecoin USDC , Solana ( SOL ) and TRUMP to exchanges. He also says they hold $240 million of USDC in out-of-range liquidity and $50 million in range, and they’ve made $29.3 million in USDC fees. The Coinbase director also says he’s not including the $16 billion worth of TRUMP that the team still holds. “This $800 million+ liquidity event dwarfs even the Bored Ape Otherside launch ($285 million raised +$181 million in burned gas). And I’m not even including the Melania meme launch… Caveats: they might not have sold all of the crypto they sent to exchanges, but I’m also being pretty conservative in other areas (eg not counting Trump LP meteora fees or wallets I’m less sure of).” TRUMP is trading at $19.28 at time of writing. The controversial memecoin is up more than 12.5% in the past 24 hours but down more than 36% in the past seven days. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post President Trump May Have Printed $800,000,000+ in Profits Since Launch of Official Memecoin: Coinbase Director appeared first on The Daily Hodl .
The Daily Hodl
You can visit the page to read the article.
Source: The Daily Hodl
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Market Update: Recent Activity Lead to BTC, XRP and ETH Price to Crash! Why Was This New Coin Unaffected?

The post Market Update: Recent Activity Lead to BTC, XRP and ETH Price to Crash! Why Was This New Coin Unaffected? appeared first on Coinpedia Fintech News The cryptocurrency market has seen a decline, with substantial reductions in the values of BTC, XRP, and ETH. This sudden downturn has compelled investors to seek clarifications, heightening apprehension over possible outcomes. Amidst the turmoil faced by conventional entities, a budding project has shown resilience, remaining entirely unscathed. What’s behind this resilience? This crypto market news update will analyze why these established tokens are struggling, examine the underlying causes, and disclose why a specific new token persistently contradicts market trends. Rollblock defies the crypto crash with GambleFi innovation and a rock-solid economic model If you keenly follow crypto market news, you’ll have noticed that while most of the market is reeling from the latest downturn, one new project has remained completely unfazed. Rollblock, a rising GambleFi protocol, is proving that innovation and real-world use cases can shield tokens from broader market volatility. Rollblock merges decentralized and centralized gaming for transparency and trust. Its revenue-driven model ensures stability by buying back $RBLK tokens, maintaining value even in market downturns. With its unique approach and dedicated following, Rollblock is proving that crypto doesn’t have to be at the mercy of market crashes. While BTC, XRP, and ETH struggle, this rising GambleFi star continues to stand strong—offering a glimpse into the future of sustainable crypto projects. Bitcoin’s rollercoaster: why BTC price is dropping after $100K highs The value of Bitcoin has decreased from above $100,000 to about $96,000 in recent times. This market value drop stems from both market participant reactions and wider economic conditions. The impressive Bitcoin price rally, which surged past $100,000, has led several investors toward profit-taking, which in turn creates increased market sell orders. Market fatigue developing from fast price growth prompts traders to avoid buying at elevated price points. Crypto market news: XRP struggles as network activity drops and technical risks rise XRP is facing renewed pressure as technical signals point to potential downside risks. A recent 64-minute network outage, now resolved, has raised concerns about reliability, while active addresses have dropped nearly 50% since December. With a potential death cross forming on its EMA lines, XRP could test lower support levels unless fresh demand kicks in. As crypto market news unfolds, investors are watching key XRP indicators closely, with a rebound in network activity seen as crucial for restoring confidence and reversing the current trend. ETH price tumbles as key support levels crumble—is more pain ahead? ETH’s price has taken a significant hit, dropping over 20% and falling below key support levels at $2,800 and $2,650. The break below these critical zones has triggered a wave of liquidations, with ETH accounting for $531 million of the $2.04 billion wiped from the crypto market. The bearish trend intensified when ETH’s price slipped beneath $2,500, hitting a low of $2,127. While temporary support has formed above $2,300, the overall market sentiment remains negative. Technical indicators, including a deeply oversold RSI and a bearish MACD, suggest continued downside risk for ETH’s price. Conclusion Despite the market downturn, Rollblock’s GambleFi model has kept it resilient while BTC, XRP, and ETH prices continue to slide. With casino revenue fueling buybacks, $RBLK remains stable amid volatility. As Ethereum struggles below key levels, Rollblock stands strong—offering a glimpse into the future of sustainable crypto projects. Don’t miss out—Rollblock’s presale is live! Secure your stake today. Website: https://presale.Rollblock.io/ Socials: https://linktr.ee/Rollblockcasino The Daily Hodl

zkLend Faces Major Hack: $9 Million in Ethereum Stolen
A hack on zkLend resulted in the theft of over $9 million in Ethereum. The protocol is negotiating with the hacker for the return of stolen funds. Continue Reading: zkLend Faces Major Hack: $9 Million in Ethereum Stolen The post zkLend Faces Major Hack: $9 Million in Ethereum Stolen appeared first on COINTURK NEWS . The Daily Hodl