Summary: President Trump is set to be inaugurated and plans to sign over 100 executive orders, many aimed at reversing President Biden’s policies. He has also launched a memecoin called $TRUMP, which has generated significant trading volume, reflecting his support for the crypto industry. Meanwhile, U.S. stock allocations have reached record highs, suggesting increased investor confidence, but could pose risks if the market drops.
with Americans holding more stocks than ever before, a major market drop could quickly erase household wealth and destabilize our consumer-driven economy (View Highlight)
Overnight, the vast majority of the net worth ($59B) of the next President of the United States is now held in cryptocurrency. This will hold true even with a 90% drop (View Highlight)