Donald Trump

President Donald Trump

In his inaugural speech, President Donald Trump did not address the idea of a Strategic Bitcoin Reserve, which disappointed many Bitcoin supporters. However, his slogan, “Make America Great Again,” has sparked hope among cryptocurrency analysts. They speculate that Trump could focus on promoting U.S.-born cryptocurrencies. 
Analysts suggest that Trump might aim to create a Bitcoin reserve and extend support to other significant U.S. crypto projects like XRP, SOL, SUI, and ONDO. If these policies come to fruition, the crypto market could substantially expand. This anticipation has led investors to look for the <a href="https://insidebitcoins.com/news/top-cryptocurrencies-to-invest-in-now-january-16-aptos-sonic-the-sandbox">top cryptocurrencies to invest in now</a>, as they expect an uptick in value and interest. 
<h2 id="b-top-cryptocurrencies-to-invest-in-now-b">Top Cryptocurrencies to invest in Now</h2> 
Pudgy Penguins has seen a 4.87% rise, now trading at $0.0247. Meanwhile, Solaxy has successfully gathered over $13 million during its initial coin offering (ICO), driven by Solana reaching new peaks and the buzz around meme coins associated with Donald Trump. In related news, The Open Network (TON) has been selected as the exclusive blockchain platform for Telegram, marking a significant integration of blockchain technology into everyday messaging services. 
<h3 id="b-1-toncoin-ton-b">1. Toncoin (TON)</h3> 
TON has now become the sole blockchain infrastructure for Telegram, following an announcement by the messaging platform. This integration applies to all services, including Mini Apps, making Toncoin (TON) the sole cryptocurrency accepted for payments, rewards, and other non-fiat transactions on the platform.&nbsp; 
This move aligns with the TON Foundation’s goal of making Telegram a gateway for users exploring Web3 technologies, particularly those new to cryptocurrency. To enhance user experience, the TON Foundation has focused on integrating TON Connect, simplifying authentication.&nbsp; 
<img decoding="async" class="aligncenter size-full wp-image-620783" src="https://insidebitcoins.com/wp-content/uploads/2025/01/TON-Price-Chart.png" alt="TON Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2025/01/TON-Price-Chart.png 1200w, https://insidebitcoins.com/wp-content/uploads/2025/01/TON-Price-Chart-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2025/01/TON-Price-Chart-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2025/01/TON-Price-Chart-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px"> 
Users can log in to crypto apps without passwords, making the process more convenient. Currently, Toncoin is priced at $5.05, reflecting a 1.67% decrease in the last 24 hours. Despite this, its 24-hour trading volume rose 2.64% to $233.02 million. Market sentiment for Toncoin appears bearish, with the Fear &amp; Greed Index showing a reading of 75, indicating greed in the market.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Telegram and <a href="https://twitter.com/search?q=%24TON&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TON</a> are going exclusive! 💕 
 All mini-apps on Telegram will now exclusively use TON as their blockchain infrastructure. All mini-apps that do not currently use TON should migrate by February 21, 2025. So let’s get on with it! 💎🚀 
 Also, TON Connect becomes the… <a href="https://t.co/QcGN6ALmb7">pic.twitter.com/QcGN6ALmb7</a> 
 — TON 💎 (@ton_blockchain) <a href="https://twitter.com/ton_blockchain/status/1881716661268402397?ref_src=twsrc%5Etfw">January 21, 2025</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Furthermore, TON is trading significantly above its 200-day moving average of $2.03, a 149% increase. The 14-day Relative Strength Index (RSI) is 47.69, signaling neutral momentum with the potential for stable price movement. 
In recent performance, Toncoin experienced 15 positive trading days out of the last 30, or 50%. Some predictions suggest a potential price increase to $17.00 within the next month, though market conditions and sentiment may affect these outcomes.&nbsp; 
<h3 id="b-2-pudgy-penguins-pengu-b">2. Pudgy Penguins (PENGU)</h3> 
Pudgy Penguins’ native token, PENGU, has experienced a 4.87% price increase, trading at $0.0247. Its market capitalization rose to $1.55 billion, a 4.94% gain, while the 24-hour trading volume surged 30.10% to $372.14 million. The volume-to-market cap ratio, a measure of liquidity, stands at 0.4358, indicating active trading relative to its size. 
The brand has gained significant attention for its digital content. In early January, its GIFs and stickers achieved over 1.1 billion views. Community-driven initiatives, including a sold-out Telegram sticker campaign and viral efforts on Instagram and TikTok, helped maintain visibility despite a slowdown in NFT sales. This consistent engagement showcases the team’s focus on sustaining interest across multiple platforms. 
<img decoding="async" class="aligncenter size-full wp-image-620784" src="https://insidebitcoins.com/wp-content/uploads/2025/01/PENGU-Price-Chart-1.png" alt="PENGU Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2025/01/PENGU-Price-Chart-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2025/01/PENGU-Price-Chart-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2025/01/PENGU-Price-Chart-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2025/01/PENGU-Price-Chart-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px"> 
Future plans for PENGU include expanding beyond Solana by integrating with Ethereum and Abstract, an Ethereum layer-2 solution. The token’s total supply is 88.88 billion, with 25.9% allocated to reward NFT holders through airdrops. 
Beyond digital assets, Pudgy Penguins has entered the physical retail sector, selling over one million licensed toys through partnerships with Walmart and Target. These efforts aim to reach audiences beyond cryptocurrency enthusiasts, reflecting a strategy to establish a broader market presence. 
<h3 id="b-3-bittensor-tao-b">3. Bittensor (TAO)</h3> 
Bittensor is currently priced at $379.47, with a 24-hour trading volume of $265.75 million and a market cap of $3.12 billion, giving it a market dominance of 0.09%. Over the last 24 hours, the price has dropped by 8.93%, and market sentiment appears bearish. Despite this, the Fear &amp; Greed Index scores 75, suggesting a tendency toward greed in market behavior. 
The cryptocurrency trades significantly above its 200-day simple moving average (SMA), indicating a strong long-term performance. Specifically, it is 211.49% above the SMA, highlighting consistent growth over time. The trading volume relative to the market cap is 0.0846, suggesting good liquidity. 
<img decoding="async" class="aligncenter size-full wp-image-620785" src="https://insidebitcoins.com/wp-content/uploads/2025/01/TAO-Price-Chart-1.png" alt="TAO Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2025/01/TAO-Price-Chart-1.png 1200w, https://insidebitcoins.com/wp-content/uploads/2025/01/TAO-Price-Chart-1-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2025/01/TAO-Price-Chart-1-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2025/01/TAO-Price-Chart-1-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px"> 
Meanwhile, the 14-day Relative Strength Index (RSI) is at 56.85, placing Bittensor in a neutral zone. This indicates no significant buying or selling pressure, with the potential for sideways price movement. Volatility over the last 30 days is low, measured at 9%, meaning the price has remained relatively stable in recent weeks. 
Furthermore, Coincodex predictions suggest the price could increase by 226.92%, potentially reaching $1,243.07 by February. While this forecast points to growth, investors should note that predictions are speculative and depend on market conditions. 
<h3 id="b-4-eos-eos-b">4. EOS (EOS)</h3> 
EOS Network is an open-source blockchain designed for high performance, flexibility, and security while offering a developer-friendly environment. Powered by the EOS Virtual Machine, it uses a WebAssembly engine to execute transactions quickly and with minimal costs. This structure makes it suitable for building projects other blockchains may not support. 
The platform combines advanced technology with a strong community, providing developers with tools and educational resources to ease their integration into the blockchain ecosystem. EOS has gained attention for its rapid growth in Total Value Locked (TVL), representing the total assets secured on its network.&nbsp; 
<img decoding="async" class="aligncenter size-full wp-image-620787" src="https://insidebitcoins.com/wp-content/uploads/2025/01/EOS-Price-Chart-2.png" alt="EOS Price Chart" width="1200" height="800" srcset="https://insidebitcoins.com/wp-content/uploads/2025/01/EOS-Price-Chart-2.png 1200w, https://insidebitcoins.com/wp-content/uploads/2025/01/EOS-Price-Chart-2-300x200.png 300w, https://insidebitcoins.com/wp-content/uploads/2025/01/EOS-Price-Chart-2-1024x683.png 1024w, https://insidebitcoins.com/wp-content/uploads/2025/01/EOS-Price-Chart-2-768x512.png 768w" sizes="(max-width: 1200px) 100vw, 1200px"> 
Recent data shows a significant TVL increase of 91,404%, reaching $212 million, with $11.79 million added recently. This progress brings its all-time high TVL within reach. EOS currently trades 5.29% above its 200-day simple moving average of $0.732.&nbsp; 
Furthermore, the 14-day Relative Strength Index (RSI) sits at 45.13, suggesting neutral market momentum, possibly leading to stable or sideways trading. Over the last 30 days, the network has seen 16 days of positive trading activity and displays strong liquidity compared to its market capitalization. 
Projections estimate the EOS price may rise by 17.81%, reaching $0.923 by February. While these indicators suggest potential growth, the platform’s stability and performance depend on broader market trends and developers and users’ continued adoption of its technology. 
<h3 id="b-5-solaxy-solx-b">5. Solaxy (SOLX)</h3> 
<a href="https://insidebitcoins.com/visit/solaxy" rel="nofollow">Solaxy</a> has raised over $13 million in its ICO as investors react to Solana’s recent all-time high and the introduction of Trump-themed meme coins. With less than 48 hours left in the current presale stage, the price of Solaxy’s token, SOLX, is poised to increase, which might signal a bullish trend due to its utility and foundational strength. 
<iframe title="Solaxy NEW SOLANA LAYER 2 Meme Coin - Next 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/J9-GbiBHKAM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
Furthermore, Solaxy aims to enhance Solana’s network by handling and bundling transactions off-chain, reducing congestion, and speeding up interactions with decentralized applications (dApps). This process simplifies and makes DApp use more efficient for users. SOLX is the utility token for these operations, facilitating quicker and less costly transactions. 
The project offers staking with an annual percentage yield (APY) currently at 293%, encouraging long-term investment by rewarding holders with passive income. Over 3.9 billion tokens are already staked, which helps stabilize the token’s value. Additionally, SOLX will connect Solana with Ethereum, allowing for greater interoperability between these networks and thus expanding the token’s utility. 
<img decoding="async" class="aligncenter size-full wp-image-620789" src="https://insidebitcoins.com/wp-content/uploads/2025/01/SOLX-Tweet-2-1.png" alt="SOLX Tweet " width="746" height="126" srcset="https://insidebitcoins.com/wp-content/uploads/2025/01/SOLX-Tweet-2-1.png 746w, https://insidebitcoins.com/wp-content/uploads/2025/01/SOLX-Tweet-2-1-300x51.png 300w" sizes="(max-width: 746px) 100vw, 746px"> 
Token holders also gain governance rights, influencing future network decisions. <a href="https://insidebitcoins.com/visit/solaxy" rel="nofollow">Solaxy</a>’s developers have outlined a clear tokenomics strategy to promote sustainable growth. This approach combines practical utility with financial incentives to address Solana’s scalability issues. 
<a href="https://insidebitcoins.com/visit/solaxy" rel="nofollow">Visit Solaxy Presale</a> 
<h3 id="b-read-more-b">Read More</h3> 
<ul> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/best-cryptocurrencies-to-buy-now-with-explosive-potential-in-2025-sol-wepe-best-pepe">Top Cryptocurrencies to Invest in Today</a></li> 
</ul>

Top Cryptocurrencies to invest in Now January 23 – Toncoin, Bittensor, EOS

Table of Contents

Inside Bitcoins

Other articles published on Jan 23, 2025

Coinbase CEO Apologizes for Solana Transaction Delays, Promises Improved Support and Infrastructure

Kansas Senator’s Bitcoin ETF Retirement Fund Proposal

Vine is Back! Co-Founder Launches Memecoin to Revive App’s Lost Legacy

Is Web3Bay the Key to 2025’s Bull Run? $835K Presale Soars Past BNB & Solana's ATH News

Will Bitcoin Soar to $200,000 Soon?

Ethereum’s Inverse Head & Shoulders: Here’s Why $7,400 Is in Sight

Join our free newsletter for daily crypto updates!