Gm Degens,

March 2025 is here! February was a rollercoaster – $BTC took a hit, and the market swung from disbelief to reluctant acceptance of a potential bear phase (though the jury’s still out on whether we’re fully in it).

Will March keep up the same energy?

If the first day’s chaos is anything to go by, it sure looks that way. You’d think the post-payday party hangover would slow things down, but…

Here’s what happened in the last 24 hours - a quick overview 👇

📉 BTC is more oversold than during the FTX crash when it hit $16K

🐳 Largest single liquidation: trader loses $38M on HTX BTC

🏛️ Trump to host first-ever White House Crypto Summit on March 7th

🌐 Trump company files trademarks for branded metaverse and NFT marketplace

📊 Solana memecoin issuance drops to December 2024 levels – only 40,000 per day

🎭 Victim loses more than $600,000 after 385 days of signing malicious transactions

BTC is now more oversold than during the FTX crash when it plummeted to $16,000. At $85K-90K, BTC was extremely overbought, and now it's extremely oversold. 🔗

🔴 The Bear Case: More Pain Incoming?

🟢 The Bull Case: Bounce Incoming?

A single trader got liquidated for a staggering $38M on HTX BTC – the largest single liquidation of the downturn. 🔗

In a historic move, President Trump will host the first-ever crypto summit at the White House on March 7th.

Crypto and AI Czar David Sacks will lead the meeting alongside Bo Hines, with prominent founders, CEOs, and investors in attendance.

After the previous administration's hostile stance, Trump's team emphasizes "providing a clear regulatory framework, enabling innovation and protecting economic liberty."

Bullish for regulatory clarity

DTTM Operations, a Trump-owned company, has filed trademark applications for the word "TRUMP" in connection with a metaverse and NFT marketplace.

The filing details a Trump-themed virtual world where users can shop, dine in virtual Trump restaurants, enjoy simulated transport, and access an NFT marketplace.

But this could only be done with content authorized by the 45th and 47th presidents of the United States.

Despite cooling interest in the metaverse since 2021, the Trump brand's entry could revive attention.

A victim lost $607,202 due to a phishing approval signed 385 days ago! Scammers can drain your funds anytime if you’ve approved malicious contracts.

🔹 Check & Revoke Approvals Now:

Act now – your security is in your hands! 🛑

The daily issuance of memecoins on Solana has dropped to just 40,000, the lowest level since December 25, 2024. 

After months of explosive growth, the memecoin sector is seeing a continuous dip.

After many memecoins crashing recently, if you think this is the end – think again!

Coinbase CEO Brian Armstrong believes memes are evolving beyond speculation into community-driven assets with real utility. 

From culture-driven tokens to decentralized coordination tools, they shape new on-chain economies. 

While the market rotates out of weak narratives, the strongest projects will emerge with sustainable value beyond just price action.

Degen validation from a bald billionaire ✅

Amid countless sketchy presales, Frog Knox aims to be different with a genuinely fair launch approach:

💎 No team allocation

🔥 Liquidity burnt

📈 Reserve structured for long-term growth

In a space crowded with rug pulls and team dumps, could this transparency-first approach set a new standard for memecoins? 

Worth keeping an eye on, degens! NFA 🔗

While many AI projects are fading, Memeagent is generating buzz with Chad.

Chad is an autonomous AI agent designed to bring intelligence to the memecoin ecosystem.

Built on ElizaOS, Chad is built to:

💡 Track market trends 24/7

⚡ Predict memecoin movements

🗣️ Engage across platforms with zero sleep & infinite alpha

Memes + AI = ?? NFA, but it’s an interesting mix. 🔗

Memecoins might be down bad, but Trump is bullish enough to hold a Crypto Summit at the White House.

If he’s not panicking, why should you?

Stay based. Stay bullish.

Sayonara!

– Your degen for the day 🥷