🦉 Melania Trump Launches Cryptocurrency

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XRP has demonstrated impressive strength recently, achieving a new all-time high of $3.43. The coin currently has strong upward momentum, but a slight retracement is likely in the coming days before a higher low is established and the rally continues. 

During price discovery phases, one effective way to project potential future price targets is by using Fibonacci extensions. In this case, I’m applying a trend-based Fibonacci extension, which indicates several key levels to the upside: $3.74, followed by $3.89, and then $4.39.

What stands out most is the 1.618 Fibonacci extension level — the "golden pocket" — which historically has been a key area for price reversals. In this case, the 1.618 level places a target at $5.89. This level has become something of a meme within the XRP community, with long-standing speculation about XRP reaching $5.89 or even $589. 

While the $5.89 target might have seemed unrealistic just a few months ago, XRP's remarkable shift from one of the weaker altcoins to a strong contender in the blue-chip sector of the market makes this level increasingly plausible. If the momentum continues as it has, $5.89 could be within reach, showing just how much XRP has evolved in a short period.

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With today’s historic inauguration of President Donald J. Trump, the crypto community can finally rejoice! 

Once a critic of Bitcoin and other cryptocurrencies, Trump has shifted to actively promoting blockchain-based innovations as part of his vision for a modernized economy.

In January 2025, he introduced the $TRUMP meme coin, which quickly amassed a market capitalization exceeding $27 billion, making headlines in the global crypto market.

Additionally, his wife, Melania Trump, launched the $MELANIA token, achieving a valuation of over $2 billion.

These initiatives reflect the growing adoption of cryptocurrencies among public figures and their influence on mainstream acceptance.

Trump’s administration has also announced plans to establish a federal Bitcoin reserve, aiming to position the U.S. as a global leader in digital asset management.

Furthermore, he proposed creating a Presidential Crypto Advisory Council, composed of blockchain experts and industry leaders, to guide policies promoting innovation while addressing regulatory concerns.

This shift in Trump’s approach signals a broader acceptance of cryptocurrency within conservative circles and underscores the growing significance of digital assets in the political and economic landscape.

His initiatives could play a pivotal role in shaping the future of blockchain technology in the U.S. and beyond.

Want to learn more? Join us today… www.dailygainscrypto.com 

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