Good Morning Crypto Enthusiasts!

Glad to have you back for another edition of the UseTheBitcoin.com newsletter.

1. Dogecoin Rally: Dogecoin rose 21%, trading at $0.38, with whales moving over 1.08B DOGE. Analysts project a potential $1 price by 2025.

2. Ripple Expands US Operations: Ripple CEO cites improved U.S. policies post-2024 elections, with 75% of job openings now domestic.

3. Pudgy Penguins Token Climbs 250%: PENGU rose 13% to $0.040, despite NFT sales dropping 52%. Viral GIFs, planned blockchain expansions, and toy partnerships with Walmart and Target bolster market interest.

4. 💡Feature of the Day - Phantom Denies Token Rumors: Crypto wallet Phantom debunks token launch speculation while introducing a social discovery feature.

   
   All this and more in today’s headlines!

📰 News Highlights:

Dogecoin Rally [Source][Source][Source][Source]

Dogecoin surged 21% over the past week, outperforming other memecoins like Shiba Inu and Pepe, with analysts projecting a potential $1 price by 2025.

Galaxy Digital's Alex Thorn predicts DOGE could soar 170%, achieving a $100 billion market cap by 2025.

Adding momentum, U.S. President-elect Donald Trump announced a "Department of Government Efficiency" led by Elon Musk and Vivek Ramaswamy.

Ripple Expands US Operations [Source]

Ripple CEO Brad Garlinghouse revealed that 75% of the company’s job openings are now U.S.-based, citing an improved business climate since the November 2024 election.

Garlinghouse praised the administration's support for innovation, stating, "Team Trump is already jumpstarting crypto growth even before taking office."

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Pudgy Penguins Token Surge [Source][Source][Source]

Despite a 52% drop in NFT sales, Pudgy Penguins’ token, PENGU, climbed 13% on Jan. 5, reaching $0.040 and achieving a 250% gain since its December launch.

With a market cap initially at $2.8 billion, it has since settled at $2.5 billion.

Large holders, like one withdrawing $3.13 million worth of PENGU from Binance, are cashing out during the rally.

PENGU’s growth coincides with the project's viral GIFs and stickers, generating 1.1 billion views in early January.

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💡 Feature of the Day: 

Phantom Denies Token Speculation [Source][Source][Source][Source]

Crypto wallet Phantom has debunked rumors of a token launch tied to its upcoming social discovery feature, emphasizing that no airdrop is planned.

The feature, allowing users to create profiles and manage privacy settings, aims to enhance the platform's appeal.

Phantom announced integration with Sui blockchain, expanding its support to four networks, including Bitcoin, Ethereum, and Solana.

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See you all tomorrow’s edition!

Jonathan Gibson
UseTheBitcoin.com