Cryptocurrencies Price Prediction: Memecoins, Bitcoin & Tokens – American Wrap 21 January
Memecoin’s aggregate valuation crossed the $117 billion mark on Tuesday as President Donald Trump officially replaced Gary Gensler as head of the Securities & Exchange Commission (SEC), marking a paradigm shift for cryptocurrency regulations in the US. Analyzing key market events and technical analysis signals, some prominent meme tokens are showing bullish prospects for the coming weeks.
Bitcoin fell from yesterday's all-time high above 109k, dropping to a low of 100k before recovering today towards 104k. The price corrected lower following Tump's inauguration ceremony and as extreme greed dominates. Although Trump’s actions may speak louder, lifting the mood.
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A short-lived Trump family token frenzy has left hopeful investors with steep losses.
