Degen

Trump has essentially officially acknowledged crypto by launching his own meme coin on Solana.
This boosted Solana, and now we’re in for an interesting PvP between Solana and Ethereum.
Solana ETF approval is now just a matter of time.

Regarding Trump’s coin and his wife’s coin:

Trump’s coin will survive (for now, it’s in a pullback), but if the man doesn’t start promoting it on his socials, the coin will RIP.
Melania$: there was a liquidity drain last night until morning. The chance for Trump’s wife’s coin to hold on is about 50/50. For now, it’s mostly sell-offs with very weak buybacks.
Now about the liquidity he drained from alts and other meme coins.
Where will it go?
Some of it will likely flow into strong coins from past narratives:

The AI sector.
The "zoo," like Moodeng, PNUT, and similar.
The key now is to decide which coins to jump into and carefully analyze what’s likely to pump next.