Christopher Inks, a known figure in the crypto community, recently shared charts from Scott Melker's popular cryptocurrency analysis show, "The Wolf Of All Streets." The tweet, posted by Inks, highlighted technical analyses for several prominent digital assets: Bitcoin, Amp (AMP), Polygon Ecosystem Token (POL), and "Trump," referring to the "OFFICIAL TRUMP" cryptocurrency.
"Got the charts from Scott's show posted here for y'all. #bitcoin, #amp, #pol, #trump," Inks stated in his social media post, providing links to the visual data.
Scott Melker, widely recognized as "The Wolf Of All Streets," is a respected crypto investor, trader, and analyst. His platform, which includes a podcast and newsletter, provides insights into crypto, macroeconomics, and trading strategies, often featuring discussions with industry leaders. Melker's analyses are closely followed by a significant audience seeking guidance in the volatile digital asset markets.
Among the assets featured, Bitcoin (BTC) remains the leading cryptocurrency by market capitalization, often setting the tone for the broader market. Its inclusion in Melker's charts underscores its continued importance for traders and investors.
Amp (AMP) serves as a collateral token designed to facilitate instant, verifiable assurances for various value transfers, primarily within the Flexa payment network. It aims to enhance the reliability and efficiency of cryptocurrency payments by providing collateral that can be liquidated if a transaction fails, ensuring merchants receive payment without delay.
Polygon Ecosystem Token (POL) is the new native token for the Polygon network, introduced as part of the Polygon 2.0 upgrade. POL is set to replace the existing MATIC token, expanding its utility to secure multiple chains and participate in governance and staking activities across the evolving Polygon ecosystem. The token's transition from MATIC began in September 2024, integrating POL into the core operations of Polygon PoS.
The mention of "Trump" in the charts refers to the "OFFICIAL TRUMP" cryptocurrency, a political meme coin that has gained traction. This inclusion reflects the growing intersection of political figures and the crypto space, with discussions surrounding Donald Trump's evolving stance on digital assets and the emergence of related tokens. Melker himself has commented on the increasing pro-crypto sentiment among certain political factions and the dynamics of meme coins.