The Trump coin is here because of course it exists. On the eve of his inauguration, Donald Trump dropped TRUMP, a meme coin whose market value immediately reached $13 billion, as if it had something to prove.
The market cap has almost surpassed AVAX and SUI in less than a weekend. WTF is going on?
Some investors are concerned about how centralized this coin is, as Trump’s team holds 80% of the token. It’s unclear, but 99Bitcoins analysts could see it could reach $50 billion within the year if Trump delivers on his promises to the cryptocurrency community. That’s almost 10x from here.
The meteoric debut of the Trump coin
Officially presented as a victory celebration, Trump is part of a financial tourism trap, and is already one of the fastest growing icons to hit the market.
Trump is likely to remain in office for 4 years. Even if it crashes in the next few months, there is always a great chance of recovery. $TRUMP looks, smells, and tastes like any other shitcoin (very similar to HAWK in the tamper).
But since it’s Trump-branded, we think Mr. Magoo will be on his way to the moon. Besides being the most powerful man in the world right now, Trump is an alchemist who can turn a hit into a dollar.
(trump coin)
In Solana, Trump’s price exploded out of the gate, rising 300% to $75 before retreating to $65 by midday Sunday.
Within 24 hours, trading volume exceeded $28 billion, as recorded by Coin Gecko. The developers initially capped the supply at 200 million coins, and plan to slowly expand to 1 billion within three years.
Is there a chance that Trump will pull the rug out?
Trump-linked companies like CIC Digital LLC and Fight Fight LLC firmly control 80% of TRUMP tokens.
Just imagine that. He does not want to bully the president.
It’s a great story to tell your grandchildren.
> Dropping the TRUMP memecoin two days before he takes office is bad business
> New SEC/DOJ guarantees non-prosecution
> 80% of tokens are given to insiders during the presidency
> Most people who lose money will be MAGAs who are not crypto natives
> It *should* be a crime but crime is now legal?– Coffeebreak (@coffeebreak_YT) January 18, 2025
Here’s the thing: Covisella is wrong, he was wrong, and he must be held accountable for preventing norms and the middle from getting out of the rat race. He effectively confirmed their biases and neutralized any risk so that his audience could never buy homes.
I’m convinced he’s working with BlackRock to retail price cryptocurrencies and make it an adult’s game.
Sure, Trump’s coin is far Of perfection. But why the hell would a president desperate for his approval ratings nuke his base and steal their money?
Additionally, Coffeezilla describes everything nowadays as a scam from people he doesn’t agree with, such as Andrew Tate’s coin and YouTuber Tech Lead’s token worth MILLION.
What does Trump mean for the world of cryptocurrencies?
At a time when US cryptocurrency policy is at stake, Trump’s coin debut is less ridiculous, and more timely. Trump’s proposed Bitcoin reserve and regulatory rollback aims to cement America’s dominance in the cryptocurrency world, with his promise to make the country the “crypto capital” of the world.
Once upon a time, Trump’s media and technology group (DJT) gave investors a sense of the man’s public standing. Now Trump can slide into that role, tracking not just his popularity but his ability to shape markets.
Whether it becomes a cultural phenomenon or merely evaporates with the next meme cycle, the coin launch is undoubtedly a snapshot of the chaos and potential in which Trump thrives.
explores: 10 High Yielding Coins: Cryptocurrency Forecast for 2025
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