- The Litepaper by Stocktwits
- Posts
- From FOMO To 'Oh No' š±
From FOMO To 'Oh No' š±
Here's what you missed over the weekend
OVERVIEW
From FOMO To āOh Noā š±
Before we dive in, hereās todayās crypto market heatmap:
And hereās a look at cryptoās total market cap chart:
STOCKTWITS
Over 25k Stocktwits Users Voted In This Poll š¤Æ
Honestly, I was kind of surprised when I saw the results. š¤Æ
A few of you fiddled around with some small positions and the price action, and a good chunk was full-degen mode in-it-to-win-it.
The other half pulled a Nancy Reagan with a resounding Just Say, No! šļø
NEWS
doge.gov Is Real š¶
And this is seriously all thatās on the front page of the new Department of Government Efficiency. šļø
Also, the top of the page lets you know itās a legitimate website from the gubernant because it says its an official website of the United States Government. š©
BITCOIN
$TRUMP: This Is What Happened š
Friday And Saturday Surge
Price debuts near $0.18 late Friday evening as soon as Trumpās socials drop the $TRUMP memecoin bombshell.
Skeptics cry āhack,ā until a second post confirms it.
Token volume rockets, with the chart printing a wall of green candles up to $7.
Early risers on Saturday find $TRUMP around $8, but itās only catching its breath.
A swift jump past $9 triggers FOMO across Solanaās DEXs.
By mid-afternoon, itās already sprinted to $20 and beyond.
Sunday Blow-Off Top
Wild weekend momentum carries $TRUMP to $67.
Fully diluted valuation flirts with $60+ billion, overshadowing any normal altcoin.
Inauguration hype adds extra fuel.
Melaniaās Sunday Surprise
Around 4 PM EST on Sunday, an abrupt post from First Lady Melania Trump about her own coin sends $TRUMP holders scrambling.
Price plunges from $73 to $38 over a two hour period.
MLK Holiday And Inauguration Slide
A partial rebound above $50 tries to restore hope, but everyoneās now side-eyeing those huge insider token allocations.
Solanaās volume skyrockets, but users are frustrated after failed transactions pile up.
MLK Day weekend ends with $TRUMP mania overshadowing just about everything else.
$TRUMP ended Monday in the $30 value area.