According to Farside Investors data, U.S. Bitcoin spot ETFs saw a net inflow of $975 million last Friday, of which BlackRock IBIT saw a net inflow of $375 million, Fidelity FBTC saw an inflow of $326 million, and Bitwise BITB saw an inflow of $208 million.
Last Friday, the U.S. Ethereum spot ETF had a net inflow of $23.9 million, of which BlackRock ETHA had a net inflow of $7.4 million and Fidelity FETH had a net inflow of $14 million.
Trump launched official meme coin TRUMP token, market cap reached $81 billion
At 10:00 am on January 18th, Beijing time, President-elect Trump of the United States announced the launch of his personal official meme coin TRUMP through his social media Truth Social. Although the market once suspected that the message might have been posted by a hacked account or other malicious operations, the market cap of TRUMP tokens quickly exceeded $2 billion. At 10:44, Trump’s official account on X once again confirmed the contract of the meme coin, which basically ruled out the possibility of account theft in the market.
Some communities have discovered that the technology of TRUMP’s distribution website is similar to Trump’s previous NFT website, and the most recent source of funds is the Gate.io trading platform. The purchase of TRUMP tokens supports traditional payment methods such as Apple Pay and crypto payments. The issuance chain is Solana, and the goal is to commemorate Trump’s iconic remarks after the assassination.
Gate.io became the first crypto trading platform to list TRUMP tokens at 11:20 am on January 18, with a listing price of $4.1. According to Gate.io market data, the current price of TRUMP tokens is $44, and the price of TRUMP tokens has risen by more than 1,000% since they were listed on Gate.io. Previously, TRUMP reached a high of $81.
Melania Trump announced the launch of her meme coin MELANIA
At 5:00 am Beijing time today, Melania Trump, wife of US President Trump, announced the issuance of her own meme coin MELANIA, with a total market cap of $9.4 billion. From the distribution of holdings, 80% of the total amount is in 3 addresses. Gate.io Innovation Zone launched Trump’s wife Meme Token MELANIA for the first time globally at 8:50 am Beijing time today, with an opening price of $12.260.
AI mainstream tokens continue to fall, ZEREBRO fell more than 31% in 24 hours
According to Gate.io market data, the mainstream tokens in the AI Agent sector continued to fall, among which:
-AI16Z fell 24.9% in 24 hours, and its current market cap is $880 million;
-ELIZA fell 27.5% in 24 hours, and its current market cap is $52 million;
-VIRTUAL fell 15.9% in 24 hours, and its current market cap is $1.23 billion;
-ARC’s 24-hour decline reached 27.3%, and its current market cap is $370 million;
-ZEREBRO fell 31.4% in 24 hours, and its current market cap is $130 million.
The official personal meme coin TRUMP issued by the President-elect of the United States, Trump, continues to ferment in the market. The TRUMP token once surged to $81 on the Gate.io platform. As of 9:30 am Beijing time on January 20, the TRUMP token hit a low of around $37.5. It has now rebounded to around $48. The current circulating market cap of the TRUMP token is about $9.7 billion. In addition, Trump’s wife also issued her own meme coin MELANIA a few hours ago. As of the time of writing, the circulating market cap of MELANIA has reached $11 billion;
The Solana ecosystem collectively rose over the weekend, with SOL once rising to around $295 over the weekend. With the flash jump of the TRUMP token, SOL also fell back below $240. The phenomenal meme coin TRUMP was issued on the Solana chain, which brought more market demand for SOL and will continue to attract more users and funds into the Solana ecosystem, which is directly beneficial to SOL and Solana-based DEX platforms. JUP, RAY and other Solana-based top DEX platform tokens also saw an increase, and the hot trading sentiment in the market was directly reflected in the on-chain trading volume.
BTC surged to $106,000 over the weekend, but has now temporarily fallen back below $100,000. With Trump’s inauguration imminent, market sentiment is generally optimistic;
ETH’s volatility increased this weekend. The issuance of TRUMP tokens on the Solana chain stimulated the continued strengthening of the SOL/ETH exchange rate. However, as the TRUMP token team repurchased ETH, the ETH price rebounded and broke through $3,400. The market was generally dissatisfied with ETH’s performance;
Altcoins generally plummeted, BTCD continued to rise, the AI Agent sector also stalled, and funds from the entire market were attracted by the TRUMP token.
Last Friday, the three major U.S. stock indexes closed higher, with the S&P 500 up 1.00% at 5,996.66 points, the Dow Jones up 0.78% at 43,487.83 points, and the Nasdaq up 1.51% at 19,630.20 points. The benchmark 10-year Treasury yield was 4.61%, and the 2-year Treasury yield, which is most sensitive to the Fed’s policy rate, was 4.27%.
On the news front, Bank of America believes that the Fed is expected to end quantitative tightening in September this year. UBS’ latest forecast is that cooling inflation supports the US stock bull market, and the S&P 500 index may reach 6,600 points. UBS said that both Tuesday’s PPI data and Wednesday’s CPI data eased investors’ concerns about inflation and pushed stocks higher after a difficult start in 2025.
UBS said this week’s “soft inflation data is a reassuring signal for markets, especially after the recent period of elevated bond yields and a pullback in equities.” The bank believes a solid U.S. economy, healthy corporate earnings growth and further developments in artificial intelligence should support a stock market rebound. In fact, the investment bank predicts the S&P 500 will reach 6,600 in December.