ICYMI - Top Weekend Headlines #41

In case you missed it, here are the top news highlights over the weekend.

The summary:

• Melania Trump launches memecoin $MELANIA, shared by Donald Trump’s account
• Trump’s World Liberty Fi spends $48M to purchase 14,403 $ETH at $3.3k
• Trump advisor Ryan Fournier hypes $TIKTOK, then tanks the chart
• Vitalik announces leadership changes at the Ethereum Foundation, updates PFP to Milady
• Donald Trump’s $TRUMP memecoin launches on Solana

Headlines

Melania Trump launches memecoin $MELANIA, shared by Donald Trump’s account

The result? A market-wide selloff, including a sharp dip in $TRUMP, signalling the market's limit for how many memecoins they’re willing to accept from the Trump family.

Trump’s World Liberty Fi spends $48M to purchase 14,403 $ETH at $3.3k

Ahead of Donald Trump’s inauguration, World Liberty Fi made headlines by accumulating over 14,000 ETH, cementing its position as a major market player.

Trump advisor Ryan Fournier hypes $TIKTOK, then tanks the chart

After endorsing $TIKTOK, Trump’s advisor Ryan Fournier offloaded a significant supply, causing the memecoin to plummet.

The coin’s creator, @astaxsol, revealed that most of the supply was sent to Fournier, only for it to be sold almost immediately.

Vitalik announces leadership changes at the Ethereum Foundation, updates PFP to Milady

Their aim is to increase internal technical expertise and regulatory lobbying. Vitalik’s announcement came with a shift in “vibes” and a new Milady-themed profile picture, signalling a bold direction for Ethereum.

Donald Trump’s $TRUMP memecoin launches on Solana

At its peak, the $TRUMP memecoin soared to a $75B market cap in record time over the weekend, marking an unprecedented event in cryptocurrency history.

That's all folks - that should catch you up. Now let's start the week off strong!