The Daily: Crypto's 'pivotal moment' on Inauguration Day, Trump and Melania's memecoin mania and more

2025-01-20 20:01

Donald Trump’s inauguration as the 47th President of the United States marks a “pivotal moment” for crypto, with bold policy changes anticipated, according to industry experts.Donald Trump’s inauguration follows the high-profile and controversial launch of his official Solana-based memecoin, TRUMP, during the premiere Crypto Ball in Washington on Friday night. WLFI token sales for the Trump family-backed World Liberty Financial DeFi project surged to more than $250 million on Sunday from $91 million the day before, driven by renewed interest amid the memecoin launches.The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

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