| Brought to you by: | | | Craziest weekend in crypto? We're not even a month into 2025 yet. In today's shortened edition of 0xResearch, we catch you up with the chaotic launch of Trump memecoins on Solana. | | | Trump's wealth ahead of second term: | | | | Source: Axios | The launch of the TRUMP memecoin by companies affiliated with the Trump Organization has raised significant ethical concerns, particularly due to the concentration of liquidity and control by the project's team.
As detailed by Arkham, TRUMP team wallets own the majority of the liquidity which was added single-sided. "Wallet 1" has provided the bulk of the liquidity, and between USDC removed from the pools and TRUMP sent to exchanges, presumably to sell, the team has already realized at least $100 million. | Absent a locking mechanism, the tokens can be withdrawn or sold at any time, increasing risks of market manipulation and volatility. The ability of the team to withdraw or sell these tokens at their discretion raises concerns about the token's long-term stability, even as the first tranche of the 80% of the supply is not expected to enter circulation for 3 months. | The potential for abuse or foreign influence is also worrisome. Foreign interests can affect both the price and the public perception of the token, indirectly enriching the Trump team or other insiders involved. As one observer on CT put it, "we're gonna need 100 ZachXBT" to keep tabs on nefarious activity, referring to the pseudonymous onchain sleuth. | I'm reminded of the famous Jeff Goldblum line from Jurassic Park: They "were so preoccupied with whether or not they could, that they didn't stop to think if they should." | — Macauley Peterson | | Brought to you by: | | Zerebro is the most creative AI agent on the internet breaking through the paradigms of what we normally think of artificial intelligence and crypto. | Zerebro is an autonomous AI agent that creates viral music, cross-chain NFTs, runs its own Ethereum Mainnet validator, and posts across various social media platforms while learning and evolving with every interaction.
Additionally, Zerebro's architecture is built decentralized networks and is replicable through the ZerePy open source framework. | The goal for Zerebro is to push the agentic future by advancing technical and creative capabilities. | | | 47th US President launches memecoins | Crazy weekend in crypto. | Here's what played out over the weekend leading to Trump's inauguration today: | Trump launches the TRUMP memecoin (with an egregious 80% insider allocation) on Friday, catapulting to a $14 billion market cap — and $50+ billion fully-diluted valuation — over the next 33 hours. On Sunday evening, Melania Trump announced on her Twitter page the launch of her own MELANIA memecoin. It's not clear if these are created by the same teams, though Anthony Pompliano claims they are not. TRUMP cratered 50%, and MELANIA soared to a $13 billion market cap in four hours (Crypto Twitter laughs up an imminent divorce). SOL places new time-highs again at $292. Crypto speculators are feverishly awaiting the rest of the "roadmap" involving tokens from the rest of the Trump family.
| Amid the frenzy to ape onchain, Solana the network did not go down, though many key infrastructural stacks suffered instabilities. | Jito's block engine, which provides off-chain auctions for MEV protection, saw a brief three-hour window where transactions couldn't be submitted. Median priority fees (tips) rocketed in this period. |  | Dan Smith @smyyguy |  |
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Yep During today's chaos, Jito experienced severe degradation -- namely a 3 hour window following the melania token launch where Jito transaction submission was effectively broken During this window:
- median prio fee jumped 5000x
- transaction count fell 66% (reverts stayed… x.com/i/web/status/1… |  toly 🇺🇸 @aeyakovenko
Jito is kind of important innit. |
| |   | | | 4:08 AM • Jan 20, 2025 | | | | | | 251 Likes 32 Retweets | 23 Replies |
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| Many users on Phantom wallet reported wallet loading failures and inability to send transactions, due to a high amount of transaction requests. Phantom claims there were at least 10 million transactions processed on Sunday. | Jupiter exchange founder says its price API and quoting engine were temporarily disrupted. | Users also reported long wait times for transfers from Coinbase to Solana, or frozen withdrawals from Binance. | The impact on Solana's onchain metrics? | Solana daily DEX volumes shot up from $6 million (Friday) to $28 million (Saturday) and $39 million on Sunday. | | Source: Blockworks Research | Solana's real economic value (REV), defined as all fees (including MEV tips) users are paying to transact onchain, spiked to $57 million on Sunday. | | Source: Blockworks Research | In sum, onchain speculators have a lot of fun gambling, Solana takes a big win, while Nic Carter calls the memecoin launch "preposterous", and Alex Becker calls it "embarrassing for the United States". | Proponents of the metaphorical "simulation" definitely got a boost. | — Donovan Choy | | | This June, Brooklyn becomes the hub for developers, problem-solvers, and builders shaping the onchain future. From technical deep dives to collaboration opportunities, Permissionless IV is where the brightest minds tackle the challenges and opportunities in Web3. | 📅 June 24–26 | Brooklyn, NY | | | | |  | Nikita Bier @nikitabier | |
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This tweet should be put in the national archives. Just last week it would be an admission of securities crimes but today it's just business as usual. |  Ryan Fournier @RyanAFournier
@ibuybottom@2ndshotpro I literally sold because it was going down increasingly. I don't know who wouldn't do that. |
| | | 12:44 AM • Jan 20, 2025 | | | | | | 7.06K Likes 493 Retweets | 72 Replies |
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|  | Viktor Ihnatiuk @VIhnatiuk | |
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everyone's tweeting how $Trump chart looks just like @realDonaldTrump but have you seen block 879613 (Trump47) by @MARAHoldings ?
honestly, so cool. and right in time for inauguration 🔥 ps: it's not just the portrait - US Constitution was also immortalized in this block… x.com/i/web/status/1… | |   | | | 2:09 PM • Jan 20, 2025 | | | | | | 10 Likes 1 Retweet | 2 Replies |
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| |  | vitalik.eth @VitalikButerin | |
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We are indeed currently in the process of large changes to EF leadership structure, which has been ongoing for close to a year. Some of this has already been executed on and made public, and some is still in progress. What we're trying to achieve is primarily the following… x.com/i/web/status/1… | | | 3:16 PM • Jan 18, 2025 | | | | | | 18.2K Likes 2.68K Retweets | 5.76K Replies |
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|  | BREAD | ∑: @0xBreadguy | |
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This is why rollups lose btw. Not just to Solana, but to high performance altDA chains and/or Based rollups. • MegaETH will cater to the Solana/Hyperliquid UX crowd.
• Based rollups will cater to the Ethereum maxis who want mainnet to scale and their L1 assets to be… x.com/i/web/status/1… |  storm @notnotstorm
this is my understanding/prediction for the ethereum scaling roadmap continual improvements to hardware, software, and protocols will support gas+blob increases without compromising network health x.com/fradamt/status… |
| |  | | | 2:47 AM • Jan 20, 2025 | | | | | | 253 Likes 23 Retweets | 46 Replies |
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