GM, frens! If there's one thing we can rely on in this space, it's that nothing stays the same for long.

The winds of change keep blowing, each day spinning out fresh possibilities - sometimes it’s a breeze, sometimes a storm, but it’s never ever boring! 🫡 

Today we’re discussing:

• 🍊 Trump enters the White House - degens rejoice

• 🔥 Ambire’s turning token approvals into a thing of the past!

• 💻️ Solana wants to go full Ethereum clone mode with "SVM" chains

• 🤖 AI Agents didn’t deliver anything beyond hype, research shows

In the meantime, our W3OF degen portfolio seems superglued right where it is - barely budging 🥱 

We’re fresh out of clever excuses or fancy synonyms to dress that up, but honestly? We’ll take steady over a dramatic crash any day.

Let’s keep our eyes peeled for the next move, whenever it decides to roll in.

P.S. Got ideas or just wanna talk strategy? Pull up a seat in our Discord!

Let’s go 👇️ 

Trump enters the White House - degens rejoice

The year is 2025, and the space is on fire as Donald Trump struts into the White House, making waves in ways never before imaginable.

Within days of his return, the crypto space was spazzing out - for policy reforms, but also… for memecoins. Yup that’s right: Trump’s administration isn’t just embracing crypto; as a President he’s actually minting, shilling and DUMPING memecoins 🤪 

The Meme Machine has been activated

Three days before inauguration, Trump dropped $TRUMP, a memecoin that pumped thousand % before anyone could blink.

By the time he was sworn in, $TRUMP’s market cap hit $10 billion 🤯 

Degens couldn’t resist jumping in, only to find the coin freefalling shortly after Melania Trump decided to launch her own memecoin as well.

• Eventually, tokens based on other Trump family members began surfacing, and the Trump ecosystem of memes began cannibalizing itself.

• In his signature bold style, Trump called the launch a “celebration of winning,” (while skeptics were busy screaming "rug pull")

• With 80% of the supply locked under Trump-affiliated entities, critics called it a pump-and-dump disguised as a patriotic movement 🦅 

But did Trump care? Absolutely not.

• While crypto enthusiasts speculated about regulatory clarity under Trump’s reign, the reality was far more unhinged. The launch of $TRUMP and Melania drew attention to the growing intersection of politics and blockchain. But it wasn’t positive vibes 👇️ 

• Ethics watchdogs quickly flagged concerns about conflicts of interest, as these coins directly funneled millions into Trump-controlled entities.

One example is Justin Sun throwing $75 million into the Trump ecosystem through the World Liberty Financial platform. While Sun’s involvement wasn’t surprising, it added to the narrative of financial entanglements, raising US national security eyebrows.

In true Degen spirit though, traders shrugged it off and continued the meme party, hoping to cash out before the inevitable crash.

The Federal (crypto) Reserve

• When Trump strode into the Oval Office, he wasn’t just carrying a stack of executive orders; he came armed with a vision to shake up the crypto world like no president before him.

• His very first crypto-related executive order was a bombshell, titled “Strengthening American Leadership in Digital Financial Technology.”

Trump’s executive order established the Presidential Working Group on Digital Asset Markets, a veritable crypto Avengers squad led by none other than David Sacks.

Dubbed the “AI and Crypto Czar,” Sacks brought his Silicon Valley clout to the table, surrounded by an entourage that included the Treasury Secretary, SEC, and CFTC heads.

Oh, and a cherry-picked list of crypto insiders - many of whom just happened to be campaign donors. Coincidence? Doubtful.

• One of the most contentious aspects of Trump’s order was his outright rejection of Central Bank Digital Currencies (CBDCs). Calling them “digital tyranny,” the order specifically banned federal agencies from pursuing CBDC development.

Among the juiciest promises baked into the order was the establishment of a national digital asset reserve - essentially a modern-day Fort Knox, but instead of gold bars, it’s Bitcoin wallets. Supporters framed it as a patriotic move, ensuring the U.S. wouldn’t be left vulnerable in a future where Bitcoin could become the ultimate reserve asset 🤷 

For degens, though, the idea of Uncle Sam as a whale was both terrifying and tantalizing, depending on who you ask. The U.S. government suddenly holding vast amounts of Bitcoin could mean an insane pump - or an eternal dump.

The executive order also hinted at broader ambitions for regulatory reform. Trump’s administration seemed to be prepared to roll back rules that many saw as stifling innovation.

For instance, the repeal of the SEC’s controversial SAB 121 rule - which essentially discouraged banks from holding cryptowas placed high on the priority list.

After Congress tried and failed to nix the rule under Biden, Trump’s order signaled that his administration would take a sledgehammer to such obstacles 🔨 

Ross Ulbricht's pardon - dividing the crypto space

Donald Trump dropped a bombshell on his second day in office, issuing a full pardon to Ross Ulbricht, the controversial founder of Silk Road. 

The crypto world lit up instantly.

Ulbricht, who had been serving two life sentences for creating the infamous dark web marketplace, is now a free man - and the community can’t stop arguing about it.

Ulbricht’s pardon didn’t just come out of nowhere.

• For years, libertarians and crypto advocates lobbied for his release, calling his punishment excessive for a non-violent offender. Trump’s move - an example of perfectly calculated PR - fulfilled a campaign promise that resonated with parts of his voter base 📜 

• To his supporters, Ulbricht is a symbol of early crypto’s ethos: privacy, decentralization, and a rejection of centralized control. Silk Road, after all, was crypto’s first real-world use case - albeit one wrapped in controversy.

Critics argue that Ulbricht’s platform facilitated crimes that tarnished crypto’s reputation for years. By pardoning him, Trump might be reopening old wounds in an industry desperately trying to shake its Wild West image.

In any case, Trump’s moves this week smashed through the crypto scene like a bulldozer, probably setting the tone for what’s already looking like a chaotic and unpredictable ride 🚜 

Degens, policy wonks, and everyone in between are watching closely. The U.S. is charging into uncharted territory, throwing playbooks out the window and making crypto the centerpiece of the conversation.

Whatever happens next, one thing’s for sure - it’s going to be a wild one. Strap in.

Ambire’s turning token approvals into a thing of the past!

And as we gear up for what’s ahead, user experience will always be taking center stage.

Case in point: token approvals. Forget about managing those. This new setup with smart accounts is flipping the script on how transactions work 🎯

No lingering approvals, no loose ends - just clean, one and done execution. Plus, batching multiple actions into a single transaction means you’re not wasting your precious time ⌚️ 

It’s smoother, tighter, and way more secure. Finally, your wallet would be keeping up with the rest of Web3 💪 

Solana wants to go full Ethereum clone mode with "SVM" chains

Solana's latest pivot is catching eyes across the crypto space as it doubles down on its ambitions to mimic Ethereum’s playbook 👇️ 

Check out the "Solana Virtual Machine" (SVM) chains - a clear signal that the network wants to tap into Ethereum's proven ecosystem model, but with its own twist.

Why copy Ethereum?

Let’s not sugarcoat it - Ethereum's dominance isn’t just because it was first to the party.

• It’s the thriving ecosystem, the developer-friendly infrastructure, and EVM (Ethereum Virtual Machine) compatibility that made it the backbone of DeFi, NFTs, and more.

• Solana seems to have acknowledged that instead of reinventing the wheel, it might be smarter to grab the blueprint and tweak it for speed 🔧 

By introducing SVM chains, Solana aims to replicate Ethereum’s modular approach to blockchain scalability while leveraging its low-latency, high-throughput architecture.

Phantom gets the EVM makeover

One of the first steps in this Ethereum-style metamorphosis is happening right in users’ wallets. Solana’s Phantom now offers EVM-like network switching.

And the users seems to be responding, at least for now. A flood of activity on Solana’s network has been fueled by not only its core user base but also tourist memecoin fanatics, who brought renewed attention to the blockchain.

Expect to see more Solana-compatible tokens, scaling solutions, and DeFi applications enter the fray.

It’s a move that could massively boost Solana’s adoption, but it also runs the risk of making it look like a derivative product of Ethereum rather than an innovator 🤔 

Copycat or evolution?

Solana’s SVM chains raise a bigger question: Is the network playing it safe by leaning on Ethereum’s proven model, or is this the natural evolution of a blockchain trying to find its place in the highly competitive space?

Either way, Solana seems ready to ditch its "alternative blockchain" badge and go all in as a heavyweight contender in the EVM-dominated ring 🥊 

AI Agents didn’t deliver anything beyond hype – Research

For a while, the noise around AI agents was deafening 🤖 

Market chatter painted them as the new wizards of the crypto world, set to revolutionize trading with razor sharp precision.

But reality wasn’t so magical.

A recent study peeled back the shiny marketing to reveal a grittier truth: 88% of AI agent tokens are crashing out, with an average lifespan of just 17 days. 

Ouch.

Around 75% of them are deep in the red, discovering that handing the reins to an AI bot isn’t the golden ticket they'd hoped for. 

Turns out, these so-called “agents” are a bit like overhyped party tricks - they promise to amaze but leave you cleaning up the mess 🤡 

The A16z comparison - not a fair fight

• To hammer the point home, the researchers put AI-driven investments up against the famed human-powered A16z crypto fund.

• Sure, the bots pulled off a modest ROI of 150%, but it’s peanuts compared to the whopping 880% A16z managed to pull by leaning on good ol’ human instincts and research.

So, AI may crunch numbers like a beast, but when it comes to sniffing out game-changing projects, humans still lead the charge 🤷‍♂️ 

AI pump and dump whisperers

AI agents are making waves in another corner of the market: influence.

• Platforms like AIxBT had success swinging token prices with a single positive or negative mention.

• For small-cap projects especially, these digital voices can shift tides in ways that no human influencer ever could, or at least was interested to.

While AI has fumbled the ball in traditional investing, it’s already pivoting into new territories like DeFi, gaming, and DAO management, so in the end they might just find a sweet spot where they shine.

For now, though, AI agents are more hype than substance.

Other worthy reads

Life is easy. 🤦‍♂️ Makes sense if you think about it:

Clown world continues to deliver:

Niche metas, by 0xGeeGee:

MEMES

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!