🄜 Huge day

PLUS: Trump's memecoin

raremints

Today’s edition is brought to you by RAREMINTS

GM to all 84,827 of you. Crypto Nutshell #537 settin’ sail… šŸ“ā€ā˜ ļø 🄜

We're the crypto newsletter that's more untamed than surviving on a deserted island with only the ocean for company... šŸŒŠšŸļø

blue lagoon

What we’ve cooked up for you today…

  • šŸ¦ What just happened?

  • 🐘 Today could be massive

  • šŸ¤‘ It’s finally over

  • šŸ’° And more…

nutty spacer
market data

Prices as at 3:25am ET

nutty spacer

WHAT JUST HAPPENED? šŸ¦ 

BREAKING: Donald Trump's memecoin rallies to $13.5 billion market cap, cracking top 20 coins

bitcoin

The President of the United States just launched their own memecoin…

And no that’s not a joke, it actually happened.

It all started when Donald Trump posted the following Tweet:

Trump

Everyone’s initial reaction was ā€œSurely Trump’s account had been hacked right?ā€

But no…

It turns out that this memecoin launch was 100% legitimate.

And the price action that followed was ridiculous.

Trump’s memecoin went on a rampage, surging to a market cap of ~$14 billion at its peak.

Here’s the crazy part though…

This surge made Trump’s memecoin the 15th largest cryptocurrency measured by market cap. 🤯 

(Overtaking the likes of Toncoin, Polkadot and Shiba Inu)

And it’s been live for less than 48 hours…

Trump token

After the success of it’s launch, Coinbase and Binance also announced that they’ll be listing $TRUMP shortly.

What is going on…

Coinbase

There’s no denying now that Trump is all in on crypto.

In fact, during his pre-inauguration speech Trump highlighted Bitcoin’s impressive price action. (Breaking through $100,000 for the first time)

During his last presidency, Trump was known to frequently highlight the performance of the stock market. It appears that Bitcoin has now been added to that list.

Checkout the clip below:

Trump

Analyst Will Clemente was spot of with this prediction:

WC

But the story doesn’t end there…

Less than a day after the launch of Trump’s memecoin, Melania Trump decided to launch her own memecoin as well. šŸ˜²

Melania

And it looks like Melania’s token launch stole the thunder from her husbands.

Immediately after $MELANIA went live, $TRUMP crashed from a high of $73 all the way down to $38.

That’s a drop of ~48%.

Trump

What a strange world we live in…

Both the President and the first lady launched their own memecoins.

But what about the Bitcoin Strategic Reserve?

More on that in the next section.

content spacer
raremints

DISCOVER THE NEXT 100X TOKEN šŸ’Ž 

The Harsh Truth About Crypto: Most retail traders lose money.

While those late to the party finally get in, project founders, VCs and early investors sell their bags for millions.

That said, there are still hundreds of tokens with 100X potential, you just need to find the right ones. 

Crypto is an alpha-driven industry, where those who are early gain outsized returns, often for FREE via airdrops.

If you want to join RAREMINTS exclusive community where they break down trending crypto news, hand-pick tokens with 100X potential and share ALL of their trades, click on THIS LINK here

What to expect:

  1. Trending news, price alerts, and exclusive alpha to stay ahead of the curve

  2. New projects and innovations broken down in under 5 minutes

  3. Hand-picked tokens and memecoins with 100X potential, based on historical data and macro narratives

Join for FREE before others do. Your portfolio will thank you.

nutty spacer

TODAY COULD BE MASSIVE 🐘

Today, Trump could sign an executive order for the U.S to implement a Strategic Bitcoin Reserve.

If he does, we could see the Bitcoin price double overnight. 😳

That’s the newest prediction from Fred Krueger.

fred1

Who is Fred Krueger?

  • A mathematician, with a P.H.D from Stanford University šŸ“š

  • Worked on Wall Street for 10+ years šŸ’¼

  • Extremely successful entrepreneur - has exited 10 companies, with some exits in the tens of millions šŸ’°

Over the weekend, Fred put out a video update.

He now believes that Trump will establish a Strategic Bitcoin Reserve on his first day in office.

Which, in case you didn’t know, is today:

ā€œI think now, that it’s [a Bitcoin Strategic Reserve] actually happening on Monday (January 20th)… I think it’s the only logical conclusion that happens.ā€

Fred Krueger

Fred then broke down further why he’s sure it’s going to happen:

Here's why I am sure:

1. There will be a very large number of Executive Orders announced Monday. (This is a given.)

2. If there isn’t an Executive Order on Bitcoin Strategic Reserve in this large number of announcements, then a lot of Trump’s donors will be very upset.

3. Trump does not want this at the start of his presidency. Therefore, there will be a Bitcoin Strategic Reserve Exec Order on Monday.

Fred Krueger

Interestingly, Fred has only changed his mind on this recently.

We interviewed him 1 month ago - he didn’t expect it to happen within Trump’s first 100 days.

(Check out that interview here)

However, in the same interview, he predicted Bitcoin's price would double overnight when it does happen:

ā€œIf this thing goes through, it’s kind of like a nuclear bomb… I think Bitcoin’s price doubles overnight.ā€

Fred Krueger

Fred isn’t the only person to change his mind either.

In the past two weeks, prediction market odds of a Bitcoin Strategic Reserve have surged by about 20%:

Strategic reserve

We think crypto analyst, Pentoshi, summed up the situation well:

Regardless of today’s outcome, we are entering a four-year era of the most pro-crypto government in history.

Buckle up. šŸ›«

nutty spacer

IT’S FINALLY OVER šŸ¤‘

Time for a check-in on the Long/Short-Term Holder Threshold.

Here’s how this metric works:

  • šŸ”“ Short-Term Holders (STHs): coins that have been held for less than 155 days

  • šŸ”µ Long-Term Holders (LTHs): coins that have been held for more than 155 days

  • 🟄 Short-Term Holder Cost Basis: all coins purchased in this price range are STHs

  • 🟦 Long-Term Holder Cost Basis: all coins purchased in this price range are LTHs

This metric is extremely powerful as we can see exactly what price STHs and LTHs purchased Bitcoin at. šŸ”Ž

The LTH / STH threshold is currently at 18th August 2024, when Bitcoin was ~$58,000.

All coins purchased before this date are classified as LTHs.

All coins purchased after this date are classified as STHs.

Today, there are currently 13,161,402 Bitcoin in the hands of LTHs.  (66.43% of the circulating supply) šŸ’Ŗ

Whereas the amount of coins held by STHs is only 3,894,078. (19.65% of the circulating supply)

Two weeks ago we mentioned that the decline in long-term holders would likely bottom out soon.

And that’s exactly what happened…

The chart below is a zoomed in version of the chart above. (Focusing on just the last month)

As you can see, this metric has remained relatively the same since 31st December 2024.

onchain zoom

It’s looking like the sell pressure from long-term holders is finally over.

Perfect timing if the Strategic Bitcoin Reserve is announced later today…

CRACKING CRYPTO 🄜

Crypto.com becomes first exchange to secure MiCA license for EU operations. MiCA license positions Crypto.com at the forefront of the crypto industry's regulatory evolution in Europe.

'Buy crypto' and 'Solana' search volumes surge amid TRUMP meme frenzy. Many crypto influencers and financial analysts have characterized the TRUMP memecoin launch as a new era for capital formation.

Solana Hits $275 Lifetime Peak as Official Trump Memecoin Surges to $8B. Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem nearly overnight.

WHAT WE’RE READING šŸ“š

Want to get even smarter? Check these out.

p.s. all completely FREE (one click subscribe link)

  • Bitcoin Breakdown (link) - Twice weekly Bitcoin news

  • Techpresso (link) - Daily tech news and insights

  • The Hustle (link) - Get Smarter on Business and Tech

  • Your Next Breakthrough (link) - Personal growth with Mark Manson

nutty spacer

CAN YOU CRACK THIS NUT? āœļø

Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after ā€œMeme Cornerā€)

Which country was first to accept bitcoin as legal tender?

Login or Subscribe to participate in polls.

MEME CORNER šŸ˜‚

Because what would the crypto world be without its share of memes?

meme

Trivia Answer: D) El Salvador 🄳

El Salvador was the first country to accept bitcoin as legal tender.

GET IN FRONT OF 85,000+ CRYPTO INVESTORS

Advertise with Crypto Nutshell to get your product or brand in front of the crĆØme de la crĆØme of crypto investors. Crypto Nutshell readers are high-income earners who are always looking for unique or interesting offers.

HOW DID WE DO? 🤷

We read every comment submitted in this poll and love to hear what you guys have to say. 😁 (bonus points for suggestions šŸŖ)

What did you think of today's Newsletter?

Don't worry, you won't hurt our feelings... 🄲

Login or Subscribe to participate in polls.

NUTCASE REVIEW OF THE DAY šŸ”

review

DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.

Reply

or to participate.