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- 🔥 Is the bullish Trump PUMP effect on crypto waning + EIP-7702 updates
🔥 Is the bullish Trump PUMP effect on crypto waning + EIP-7702 updates
Read about EIP-7702 & Ambire - a HUGE leap for Ethereum UX 🏃♂️

GM, frens! ☕️
The market’s been one wild ride lately - one minute you're cruising, and the next you're on a roller coaster with no brakes.
It’s been unpredictable and sometimes extremely frustrating, but hey, every twist is a chance to learn and grow 🧠
Today we’re discussing:
🍊 Market update – is the bullish Trump PUMP effect on crypto waning?
🔥 EIP-7702: a LEAP for Ethereum UX
📱 Reddit founder wants to buy TikTok and make it onchain
🐸 Meme coins take a $60 Billion hit
Our W3oF portfolio took a pretty big hit recently 🤯 Can we turn it around?

We're dissecting what went wrong and brainstorming our next steps to come back even stronger. This isn’t just our journey though - it's a community effort.
We want your input to help shape our strategy moving forward.
Join us on Discord, share your ideas, and be part of the process 🫡

Market update – is the bullish Trump PUMP effect on crypto waning?
Sometimes it felt like the second “Trump” and “crypto” crossed paths, everybody lost their minds 🤯
Prices moved, tweets flew, and you couldn’t scroll five seconds without seeing some wild take. But fast-forward to now, and you’ve gotta wonder: is that hype still a thing, or did we all move on?
Early on, any mention of Trump’s stance on crypto had the community on high alert. \

Some thought his brand of controversy would funnel more attention and new adopters into crypto. For a minute, it kinda did 👇️
Headlines: Media outlets latched onto even the smallest hint of Trump discussing monetary policy or crypto regulation 🪙
Short-term market movements: A few statements here and there triggered noticeable price bumps as traders tried to frontrun each other.
Visibility boost: mainstream news coverage brought in fresh eyes, especially from political followers who didn’t normally care about crypto 👀
Back then, some in the space acted like we’d hit a new paradigm - like Trump himself was single handedly about to catapult crypto into the stratosphere.

The gradual cooldown
Fast forward, and the Trump hype dial seems turned way down. No one’s saying he can’t still move headlines, but the market reaction is softer. So, what changed?
Headline fatigue: after a while, the same storyline - “Trump might shake crypto” - started to feel stale. People stopped rushing to trade on every new comment.
Broader macro focus: inflation and global tensions quickly overshadow a single figure’s opinions. When entire economies hang in the balance, crypto traders look beyond one person’s spotlight 🔍️
This doesn’t mean the Trump factor is dead - it just lost top billing in a space that chases whatever’s fresh, edgy, or potentially game changing.
You’re welcome my friend! Hopefully, I made someone’s life just a little bit better.
Now my advice: HOLD (i.e Long Term)
— Eric Trump (@EricTrump)
1:27 PM • Mar 3, 2025
At the end of the day, crypto thrives on what’s next. People who’ve been in this space for a minute know that hype cycles can vanish overnight.
With the focus tilting toward real infrastructure, regulatory clarity, and sustainable growth, the audience for splashy names is a bit more jaded. That’s not to say a high profile mention won’t make headlines, but the aftershocks seem way tamer than before 🤔

Short term pump vs reality
When Trump floated the idea of a US Crypto Reserve, the total market cap jumped nearly 7% to around $3 trillion. At first glance, that sounds like the start of a new bullish chapter.
But a few days later, BTC slipped back to the $81k zone, and people started saying it was nothing more than hype.
He initially spotlighted XRP, Solana, and ADA, then casually added Bitcoin and Ether afterward. Critics called it random and borderline chaotic.
The Solana’s founder even thought including SOL into the reserve was a bad idea 🤯
Some also noted Trump’s own minted tokens appeared on that chain, so including SOL seems self-serving.
XRP and ADA: People assumed the US would lean on Bitcoin (the oldest, most liquid option), so including multiple mid to large cap altcoins completely caught some off guard.
My reserve order of preference
1. No reserve, because if you want decentralization to fail you’d put the government in charge of it.
2. Or states run their own reserve as a hedge against the fed making a mistake
3. Or if there has to be a reserve, it’s based on objectively… x.com/i/web/status/1…
— toly 🇺🇸 (@aeyakovenko)
5:21 AM • Mar 6, 2025
The White House crypto summit
Trump’s Crypto Summit Set for March 7 at the White House!
📅 Date: March 7
⏰ Time:1:30 - 5:30 PM (EST)
📍 Location: The White HouseWith key industry leaders in attendance, will this summit shape the future of crypto regulation & adoption in the U.S.? 👀
🔽 Drop your… x.com/i/web/status/1…
— Pumpup ai (@Pumpup_ai)
11:25 AM • Mar 5, 2025
Set for today, the summit aims to bring top leaders together for a real talk about crypto regulations, stablecoin oversight, and the future of digital assets in the US 🪙
The question is whether this leads to something tangible or just a big stage for political chest thumping.
🚨 JUST IN: Full list of confirmed attendees for the White House Crypto Summit this Friday. 👀
— Real World Asset Watchlist (@RWAwatchlist_)
3:34 PM • Mar 5, 2025
Regulatory worries: A heavy handed approach - like taxing unrealized gains - could kill momentum.
Sell the news concern: past events taught us that big announcements often trigger short lived pumps, followed by a reality check once hype fades.
Major support: If the meeting disappoints, we could see BTC testing areas like $87k or even lower 📉
In the meantime, Ethereum’s stats are throwing off all kinds of “it’s undervalued” signals. One metric, the MVRV Z-Score has hit the 17 month low - historically this was a spot where ETH would go on a serious rally 🟢
The last time it dipped this low was October 2023, and we saw a monster 160% rebound afterward, pushing ETH toward the $4K.
🚨 BREAKING NEWS: #Ethereum MVRV Z-Score Hits 17-Month Low!
🔹 MVRV Z-Score drop signals #ETH may be undervalued, hinting at a potential bottom.
🔹 Whales accumulating $ETH despite price dips.
🔹 ETH must hold key support to avoid further downside.
#CryptoNews
— Stella Patrick (@Crypto_Star3)
4:21 PM • Mar 6, 2025
Of course, none of this guarantees a repeat performance. If Ethereum cracks below its key supports, or if macro pressures and regulatory clouds get worse, a deeper drop can’t be ruled out.
But for now, it looks like certain long term holders and institutional investors are treating these lower levels as an opportunity - potentially betting that ETH’s next major move will be up, not down 📈
So, is the bullish Trump effect on crypto running out of steam? Possibly.
Big announcements about a US Crypto Reserve and a White House summit still draw attention, but the market’s gotten more discerning.
Without concrete follow-through, any bounce may be short-lived ⌛️
If the summit goes well and a crypto reserve actually materializes in a sane way, we might see a bigger rally. But if it’s all talk and no action - or if new regulations clamp down -traders may brace for another pullback.

EIP-7702: the next leap for Ethereum UX
By the way, speaking of Ethereum again - remember how we mentioned on-chain signals that might point to an ETH comeback?
There’s also a major upgrade on the horizon: EIP-7702 allowing for smarter EOAs 🧠.
Ambire hosted a Space on X with BIG BRAINS from Arbitrum, Ledger, Socket, Scroll, and Enclave to chat about why EIP-7702 could be a game-changer 🔥
Watch now so you find out all the info you need about the upcoming changes (think majorly improved UX and security for your accounts) coming with the Pectra upgrade:
LIVE🎙️All you need to know about EIP-7702.
Tune in with @allred_chase@vaibhavchellani@Ivshti@akshayraj_v0@_emjlin & Laurent Castillo.
x.com/i/broadcasts/1…
— ambire.eth (@AmbireWallet)
4:01 PM • Mar 6, 2025
Expect a rollout in about two months, so keep this on your radar if you’re looking for a smoother Ethereum experience.

Reddit founder wants to buy TikTok and make it onchain
It’s 2 AM, and you’re deep in the TikTok rabbit hole - eyes glued to your screen as you watch some random dude feed a grape to his pet iguana 🥱
You think, “man, this app really has everything” … but apparently, it's not enough, because some people also want it tied to blockchain - like, fully “onchain” where your midnight lipsync marathons and kitty clips become permanent parts of a decentralized digital ledger 📱
See, there’s a rumor swirling around that the founder of Reddit wants to swoop in, buy TikTok’s U.S. operations, and rebuild it using on-chain infrastructure 👇️
Exciting news for the digital world...
I'm officially now one of the people trying to buy TikTok US — and bring it on-chain.
TikTok has been a game-changer for creators, and it's future should be built by them↓
— Alexis Ohanian 🗽 (@alexisohanian)
7:00 PM • Mar 4, 2025
Of course, pulling off an on-chain TikTok is easier said than done. We’re talking about a massive user base, endless videos uploaded every nanosecond, and enough legal and technical hoops to make your head spin.
Still, the idea keeps popping up because people are hungry for a platform where creators and users aren’t left in the dark.
If someone like Reddit’s founder can actually bring this vision to life, it might rewrite the playbook for all of social media - shifting from a closed-off ecosystem to a place where everyday folks get a genuine say in how things operate 🤯
For now, the team is working out the details of their bid. Let’s face it - taking on an app used by millions of people is no small feat. But hey, if there’s one thing we’ve learned, it’s that the space loves a big, bold experiment 🫠

Meme coins take a $60 Billion hit
The fun for degens might be drying up 😩
According to fresh data, the meme coin market lost a jaw-dropping $60 billion in value since December, effectively wiping out a massive chunk of last year’s gains.
📉 Meme Coin Market Cap Plunges 56% in 3 Months
As of March 5, the total market capitalization of meme coins stands at $54 billion, down from $124 billion on December 5, 2024.
— IFEANYI UMEOKECHUKWU (@APISOXCHANGE)
9:03 PM • Mar 6, 2025
Late 2024 saw an explosion of meme coins tied to everything from Elon Musk tweets to new hype driven by celebrity endorsements - and even cameo mentions by political figures 🐸
Some new tokens briefly pumped in value banking on viral appeal and FOMO.
But starting in January 2025, the tides turned. Over leveraged traders, a shaky global economy, and a wave of negative publicity (including investigations into possible pump-and-dump schemes) all contributed to prices crashing back down 📉
By March, the total meme coin market cap had slipped to around $54 billion, erasing nearly 56% of its value in just a few months 🤯

Crypto analysts aren’t shy about calling this a bubble pop - especially for worthless meme coins that pumped solely on hype 🤷
Perspectives for sh$%tcoins
Jail is more likely now 🔒️
Authorities are taking a harder look at tokens launched by celebrities and influencers. We’ve seen lawsuits alleging unregistered securities, questionable marketing tactics, and insider profit-taking. If regulators crack down further, expect less comedic “to the moon” mania and more caution among new projects.
Straight to jail
Do not pass go
No more Solana memecoins let this meta die
— Jonah 🎮 (@RealJonahBlake)
5:51 AM • Feb 17, 2025
Investors are still seeking utility, not otherwise
A meme coin with zero utility is harder to hype if the market is crashing. Projects that add real features - like payment partnerships, integrations, or community-driven governance - might actually survive. The days of pure “meme magic” are on thin ice 🙃

Market Correction vs. Dead End
Some say meme coins are far from done - that they’re just going through a painful correction. Others believe we’re witnessing the bubble finally burst, and we’ll look back on 2024-2025 as the peak of meme mania. Realistically, a few well-known tokens might stick around, but the endless wave of new copy and paste coins will dry up 🤔
This shake-up shows that memes and hype can only take you so far. With the easy gains gone, any token that can’t find a genuine purpose is on borrowed time - because the joke stops being funny the moment people realize there’s nothing holding it up.

Other worthy reads
Poopmandefi’s “bearish” crypto plan 2025:
x.com/i/article/1896…
— Poopman (💩🧱✨) (@poopmandefi)
9:55 AM • Mar 4, 2025
AI is back? Yes, (at least in gaming):
AI integration into gaming is ramping up
We've seen Grok 3 and Claude 3.7 used to create, and play games. Not to mention scaling content generation engines for players to consume
The most recent was an Agent playing Pokemon while streaming to thousands of viewers live on Twitch… x.com/i/web/status/1…
— s4mmy (@S4mmyEth)
3:47 PM • Mar 5, 2025
Trump’s tariffs effect on macro:
BREAKING: The S&P 500 has officially erased ALL of its post-election gains.
The index has now lost -$3.3 TRILLION since February 19th.
That's -$330 billion PER TRADING DAY for the last 10 days.
— The Kobeissi Letter (@KobeissiLetter)
3:03 PM • Mar 4, 2025

MEMES





NO CRYING IN THE CASINO.
— MinisterOfNFTs 🔮 (@MinisterOfNFTs)
7:50 PM • Mar 3, 2025

That's all for now, frens.
We'll meet in a week! And remember, the market conditions are temporary, but our commitment to building a better DeFi is here to stay. Thanks for joining us, and we look forward to seeing you back next week. Cheers!
Yours, The 🔥 Team
Brought to you by Ambire: The Only Web3 Wallet That You’ll Need!