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Happy Tuesday, Zingernation! Has Donald Trump launched his own DJT coin? We dived deep to find that out and well, it’s complicated…

Today, we cover why Bitcoin ETF buyers may be paper hands, Elon Musk’s plan to transform X into a payment app and more.

Plus, our partner brings a first-of-its-kind digital solution to the global commodities supply chain sector.

MARKET SNAPSHOT

TOP STORY

'Trump Coin' DJT Allegedly Tied To Donald Trump Causes Havoc, Other Trump Meme Coins Plummet 30%

Briefly: Last night, DJT dropped. No, not the stock - a DJT meme coin on Solana. And allegedly, it’s deployed by Trump’s son Barron.

So Basically: A usually reputable news outlet dropped the info and ‘Pharma bro’ Martin Shkreli and conservative influencers said it’s legit. But…

So Then: So far Trump has not endorsed or commented on it. He did sign off one Truth Social post with DJT, though. You see, it’s complicated.

So What: Trump-related meme coins got pummelled in the process and dropped 30-40%. Crypto bettors are still speculating whether DJT is real.

Read the entire scoop on it here.

TOGETHER WITH RESOURCE STOCK DIGEST

New Tech Leader in US$11T Global Commodities Sector

Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls! 

And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.

One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. 

For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.

Click here to read more.

FIVE ZINGERS

Paper Hands: Macro analyst Jim Bianco warned about Bitcoin ETF buyers being paper hands. They will start selling when this happens…

Then What? Gold bug Peter Schiff has also questioned the resolve of ETF buyers. Here’s his stark warning to those who thinks it will be up only…

Mining: Bitcoin miner CleanSpark announced the acquisition of five new mining facilities on Tuesday. Here is all you need to know about it…

Liquidated: Dogecoin dumped 10% and liquidated over $60M in long positions. Here’s that harsh truth for dog money holders…

All-in: This top analyst went all-in on altcoins a month a go and now they are down bad. Here’s how he reacted and what’s next…

FINTECH FOCUS

Inside Elon Musk's Plan To Add Payments To X

Briefly: Few details are out about how Elon Musk wants to transform X into a payments app, but a new report has shed some light on the plans.

What Happened: The proposed features resemble those of Venmo, allowing users to store money, make payments to others, and purchase goods and services in physical stores.

What Else: Musk wants payments to diversify X’s revenue streams but there are no plans to levy significant fees on users.

Why It Matters: X has been a losing business so far: it generated $1.48 billion in revenue during the first half of 2023, a nearly 40% decline from the same period in 2022,

Read the entire scoop here.

TOGETHER WITH RESOURCE STOCK DIGEST

New Tech Leader in US$11T Global Commodities Sector

Amazingly, the $11T global commodities sector still runs primarily on paper transactions and phone calls! 

And thus, a comprehensive digital solution for moving commodities around the world has been long, long overdue.

One tiny company — trading completely undiscovered around 15-cents per share — has successfully partnered with some of the largest players in the industry to bring a first-of-its-kind digital solution to the global commodities supply chain sector. 

For investors, it’s an early-stage opportunity in a company with a true first-mover advantage in a globally diversified sector.

Click here to read more.

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