Trump Could Make Surprising Tech Announcement Any Day

Elon Musk is heavily invested in a cutting-edge new technology. In fact, Musk has turned the new president on to this breakthrough. And President Trump could make an announcement any day that could spike the price of stocks in this sector.

Dogecoin, Shiba Inu Advance But Fartcoin, Pudgy Penguins Lead Memecoin Rally With Double-Digit Gains

Aniket Verma
January 15, 2025

Memecoins roared back into momentum on Wednesday amid a broader rally supported by encouraging inflation data and Donald Trump's pro-cryptocurrency moves.

What happened: The unconventional Fartcoin surged over 27% in the last 24 hours to emerge as the biggest meme coin gainer. 

The Solana (CRYPTO: SOL)-based token amassed a market capitalization of $1.24 billion at the time of writing, with trading volumes jumping 26% in the last 24 hours.

Fartcoin was followed by dogwifhat, another popular community-driven Solana meme coin, based on a meme featuring a dog wearing a hat.

The billion-dollar-valued cryptocurrency pumped 11%, while its trading volume jumped 75%.

PENGU, the official coin of the popular non-fungible token collection Pudgy Penguins, gained 9.76% to a market capitalization of $2.16 billion.

CryptocurrencyGains +/-Price (Recorded at 10:45 p.m. ET)
Fartcoin (FARTCOIN)+27.22%$1.25
dogwifhat (CRYPTO: WIF)+11.55%$1.71
Pudgy Penguins (PENGU)+9.76%$0.03448

See Also: Italy’s Largest Bank Leaps Into Bitcoin Trading With $1 Million ‘Test’ Investment But CEO Says He Doesn’t Invest In BTC Personally

Meme coin heavyweights like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) also gained momentum, rising 3.63% and 2.58%, respectively.

Ethereum (CRYPTO: ETH)-based frog-themed coin Pepe (CRYPTO: PEPE) jumped 6%, while cat-themed Popcat, one of 2024's biggest gainers, rallied 7.88% in the last 24 hours.

The total meme coin market capitalization rose 4.83% to $106.94 billion, while the overall volume surged 27.81% to $10.74 billion.

The upsurge followed slower-than-expected growth in core inflation, seen as a net positive for risk-on assets. Additionally, a report raised hopes for clear cryptocurrency regulations under new SEC leadership in the Trump administration.

Read Next: 

  • Michael Saylor’s MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: ‘It’s A Bona Fide Megatrend’

Continue Reading...

Popular

Elon Musk's OpenAI Bid, Meta's AI Robots, Intel's Lifeline, Johansson's AI Regulation Plea, And More: This Week In AI

Tech giants make big moves: OpenAI rejects Musk's $97B offer, Meta investing in AI robots, Intel-TSMC JV rumors, Scarlett Johansson calls for AI regulation.

Massive Data Breach Exposes Americans' Financial Details — Names, Card Numbers, PINs and More at Risk

The Office of the Maine Attorney General announced that the personal, medical and financial records of more than 569,000 Americans have been exposed.

Top AI Stocks for 2025 - Ad

My 2025 AI Blueprint features three of what I call Nvidia's "Silent Partners." Some of the world's hottest companies are working with AI's undisputed leader, Nvidia. And I've identified three of them that appear to be well-positioned for the next AI boom in 2025. Everything you need to know about them in my 2025 AI Blueprint.

Vance? Rubio? Noem? Here's Who Might Top the GOP Ticket in 2028

President Trump's refusal to offer an early 2028 presidential endorsement for Vice President Vance has heightened speculation about who might lead the next GOP ticket.

Sheryl Crow Ditches Tesla Over Elon Musk's DOGE and Trump Ties

Rock star Sheryl Crow is parting ways with her Tesla vehicle, expressing her disapproval of CEO Elon Musk's politics.

270x More Lucrative Than NVIDIA? - Ad

If you've missed out on NVIDIA's recent 1,600% run... Don't worry. Because there's one AI stock that could be a lot more lucrative. It's currently trading for only $20.

The Elon Shock - Ad

All of Elon Musk's strange behavior in recent times is starting to make sense. His feuds with other leading technologists like Sam Altman and Bill Gates has all been building up to what he's been planning in Washington. It's a fascinating new financial story that some say could change life in America forever.

Utah governor signs collective bargaining ban for teachers, firefighters and police unions

SALT LAKE CITY (AP) — Utah's Republican governor on Friday signed a that experts are calling one of the most restrictive labor laws in the country, despite overwhelming opposition from union members.

Trump tours Boeing plane to check out features that would be on overdue new Air Force One aircraft

WEST PALM BEACH, Fla. (AP) — President toured a Boeing airplane to check out new hardware and technology features and highlight the aircraft maker's delay in delivering updated versions of the Air Force One presidential aircraft, the White House said Saturday.

"Trump Coins:" the Next Big Thing - Ad

Have you heard of "Trump Coins?" Even though these coins are associated with or endorsed by President Trump... Tech legend Jeff Brown believes his policies will help send these coins higher than anyone can imagine in 2025.

Corbus Pharmaceuticals Highlights Data From Its First US-Based Trial Of Lead Cancer Drug Candidate

Corbus Pharmaceuticals presented Phase 1 data on CRB-701 at ASCO GU, showing safety, tolerability, and responses across multiple tumor types.

Palo Alto Analysts Optimistic On Revenue Growth, Expanding Market Share

Palo Alto Networks Inc (NASDAQ: PANW) shares dropped despite upbeat Q2 results and strong analyst takeaways from Goldman Sachs, Needham, Rosenblatt, and Truist Securities.

Three Companies Could Benefit Greatly From AI's Next Boom This Year - Ad

My 2025 AI Blueprint features three of what I call Nvidia's "Silent Partners." Some of the world's hottest companies are working with AI's undisputed leader, Nvidia. And I've identified three of them that appear to be well-positioned for the next AI boom in 2025. Everything you need to know about them in my 2025 AI Blueprint.

Abu Dhabi Wealth Fund Buy $437 Millions Worth Of BlackRock's Bitcoin ETF

Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, has acquired $436.9 million worth of shares in BlackRock's (NYSE:

The art of the deal? Zelenskyy says a Ukraine-Russia agreement must come through Trump negotiations

MUNICH (AP) — appealed to as a dealmaker on Friday, offering flattering words as he sought the U.S. president's leadership in negotiations that could end the Russia-Ukraine conflict.

Live Demo: New Tech to Surpass AI? - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

Stocks Head For Weekly Gains, US Treasury Yields Fall Below 4.5%: What's Driving Markets Friday?

Stocks are headed for weekly gains, with the Dow Jones dipping slightly and the S&P 500 and Nasdaq trading just above the flatline Friday.

What to stream: '1923' returns, Tate McRae, 'Reacher,' Baldwins' reality show and a 'Suits' spin-off

A modern reimagining of the graphic novel “The Crow” starring Bill Skarsgård plus Canadian pop musician Tate McRae offering her third album are some of the new television, films, music and games near you.

Elon Musk's Final Move - Ad

Elon Musk is DONE. He's finished. Because his latest project may be the last one he'll ever take on. I'm talking about his new, secretive AI startup. Elon's AI promises to be 100 times better than ChatGPT. That's why you need to get all the urgent details on what I call "Elon's #1 AI stock."

Benzinga Bulls and Bears: Apple, Nvidia, Netflix and Trader Predicts Dogecoin Surge by March 24

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Major Michigan insurer in talks to settle lawsuits over fired workers and COVID-19 vaccine

DETROIT (AP) — A major Michigan insurance company is in talks to possibly settle more than 100 lawsuits by employees who were fired after declining to get a court records show.

Trump Could Make Surprising Tech Announcement Any Day - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

NAACP lists companies that dump DEI in its tactical spending guide for Black Americans

WASHINGTON (AP) — The NAACP wants Black Americans to steer their buying power toward companies that haven’t pulled back from programs under conservative pressure, and the nation’s oldest civil rights organization is listing have stood by — or reversed — past commitments to DEI.

Trump creates council for 'energy dominance,' boosts natural gas exports and offshore drilling

WASHINGTON (AP) — President Donald Trump on Friday signed an executive order formally creating a and directed it to move quickly to drive up already record-setting domestic oil and gas production.

3 AI Stocks Tied to President Trump's White House Return - Ad

Trump's return to the White House coincides with AI's -- and Nvidia's -- continued boom. That's why the President is crucial to Michael Robinson's 2025 AI Blueprint. Michael is a 40-year veteran of Silicon Valley has an AI Blueprint featuring three companies working with Nvidia who could be poised to benefit now that Trump is back in the White House.

Top 3 Utilities Stocks That May Rocket Higher This Month

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling

NEW YORK (AP) — The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined.

Elon's Next Millionaire-Making Project? - Ad

This could create more wealth than all of his previous ventures... combined.

Dubai's ceaseless boom is putting strains on its residents

DUBAI, United Arab Emirates (AP) — — and some residents are starting to feel burned.

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including those aimed at slowing climate change and encouraging use of electric vehicles.

More AI Patents Than Nvidia, OpenAI and Tesla Combined? - Ad

Most people have no idea this company exists. That's because it's on the inside of your smartphone, your computer, and everything else... 99% of Americans don't even know its name. Billionaires have been buying this $50 AI stock hand over fist...

Edmunds' hybrid SUV test: 2025 Hyundai Tucson Hybrid vs 2025 Toyota RAV4 Hybrid

Hybrids are hot right now, and you have lots of choices if you’re considering a hybrid SUV. For years, the Toyota RAV4 Hybrid has been the go-to model for hybrid SUV shoppers.

DeepSeek News Plunges IT Hardware Stocks, But Analyst Sees 5 Bright Spots Among Tech Giants

IT hardware stocks dip after DeepSeek news, but analyst sees growth potential in Corning, Hewlett Packard Enterprise, Western Digital, Seagate Technology and Apple due to specific catalysts.

Legendary Wall Street Stock Picker Names No.1 AI Stock of 2025 - Ad

Marc Chaikin's system has detected another bewildering trend in the U.S. stock market. And he says this stock could shoot sky-high in the new year as a direct result. To hear it for yourself, click here. You'll get this stock's name and ticker symbol, absolutely free.

Apple Surprises Users With Starlink Beta, Teams Up With Elon Musk's SpaceX And T-Mobile To Bring Satellite Texting For iPhone Users In iOS 18.3

Apple has partnered with SpaceX and T-Mobile to bring Starlink satellite texting to iPhones, with a limited beta test rolling out via iOS 18.3, marking a major step toward expanding connectivity in remote areas.

Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled

FRANKFURT, Germany (AP) — Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Mark Zuckerberg Follows Elon Musk's Footsteps As Meta Reportedly Plans Major Investment Into AI-Powered Humanoid Robots

Mark Zuckerberg could be following Elon Musk's footsteps, as Meta Platforms is reportedly planning a significant investment into AI-powered humanoid robots.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service