BTC breaks through the $106000 mark

On January 20th, according to The Block, Ryan Fournier, co-founder of Students for Trump, admitted to selling 50% of his TIKTOK token supply at X Space, causing the project's market value to plummet from $90 million to $5 million. On chain data shows that Fournier exchanged 505 million TIKTOK tokens for approximately $700000 SOL at 20:28 UTC. Fournier claimed to have been deceived by the token founder Asta, but promised to compensate investors with $50000. Previously, Fournier was publicly refuted by Eric Trump for spreading false information about Trump's involvement in RTR tokens.

Odaily Planet Daily News: Trump, who returned to the White House, launched the Meme coin TRUMP last Saturday. Some industry insiders believe that as a celebrity with controversy and global traffic, Trump's issuance of coins to monetize his personal brand is also a typical event in the blockchain ecosystem where attention is directly converted into asset value. Not only that, Trump's move pushes the potential of the attention economy in the cryptocurrency field to the extreme and brings on chain traffic to the Solana ecosystem, promoting the further development of DEX, challenging the traditional position of centralized exchanges in the market, but also reminding it that its risks cannot be ignored, as the value of TRUMP depends entirely on public interest in Trump and his political symbols. Once attention shifts or market sentiment changes, its price may quickly collapse. (East Net)

Odaily Planet Daily News: According to Spot On Chain monitoring, the Hyperliquid Assistant Fund has set a record for the highest daily purchase volume. Yesterday, it accumulated over 200000 HYPE with an average price of 21.22 (approximately 4.2 million US dollars). The 24-hour trading volume reached approximately $20 billion, as it was one of the first exchanges to list TRUMP and MELANIA.

Odaily Planet Daily News: Coinbase CEO Brian Armstrong responded to user feedback on X, saying, "The team is working hard to expand our Solana infrastructure. There has been a lot of Solana activity in the past few days, and we did not anticipate such a surge

According to official sources, Steve Gregory, CEO of Gate US, Inc. (&34; Gate US&34;), will be invited to attend the inauguration ceremony of the President of the United States at the Capitol on January 20, 2025 Eastern Time, to celebrate the inauguration of the new leaders of the United States, President Donald Trump and Vice President J.D. Vance. It is reported that Gate US is scheduled to be officially launched in the first quarter of 2025 and has currently obtained compliance licenses in more than ten states in the United States. In addition, the Trump family recently issued the TRUMP token, which rapidly increased its market value in a short period of time, ranking among the top 15 global cryptocurrency market values within 72 hours.