Speed through 30 billion U.S. dollars
On the morning of January 18th, Beijing time, Trump’s social account launched a personal Meme Coin TRUMP.
However, 12 hours later, GMGN market data showed that “Trump Meme Coin "TRUMP's market value reached US$30 billion, surpassing PEPE and becoming the third largest Meme coin by market value. It also exceeded the market value of Trump's media technology stock DJT.
Multiple people familiar with the matter revealed that U.S. President-elect Trump plans to The government has used its executive powers to ease the regulatory burden faced by cryptocurrency companies and promote the adoption of digital assets.
In the future, after taking office, US President-elect Trump will plan to issue an executive order to make cryptocurrency a priority and establish cryptocurrency within Advisory Board, a voice for the industry. Sources said the order is intended to guide agencies in cooperating with the crypto industry and reflect its strategic importance. In addition, Trump’s team is also discussing halting cryptocurrency-related lawsuits at the federal level to promote the development of the industry.
Not only that, Trump is "open to the idea" of establishing a strategic reserve containing a U.S.-created digital currency.
While many in the cryptocurrency community are cheering Trump’s upcoming pro-crypto executive order, one of the proposals has sparked More controversy: the establishment of an “America First” strategic reserve that would prioritize U.S.-created digital currencies such as Solana, USD Coin, and Ripple. Trump has met with the founders of these digital currencies in recent weeks and, according to sources, is open to the proposal.
As Trump's inauguration approaches, crypto industry executives are vying for access to Trump himself and a seat on a planned cryptocurrency advisory committee. seats.
As of press time, according to the information provided by Dune, TRUMP’s various data are as follows:
TRUMP TokenThe TRUMP Token picture originated from Trump raising his hands and shouting the iconic slogan after he was assassinated on July 13, 2024 A photo taken with the battle cry "FIGHT".
GetTrumpMemes.com website states that Trump Memes are intended to express support and participation in the ideals and beliefs embodied in the "TRUMP" symbol and its related artwork, and are not Intended to be the subject of an investment opportunity, investment contract or security of any type.
Currently, it is launched on Moonshot and supports traditional payment methods such as Apple Pay, Visa, Mastercard, and Venmo.
As of the publication of this article, the current total retail inflow in Moonshot exceeds 170,000 US dollars.
In addition, its official website also wrote: "On July 13, 2024, special President Trump faced death, but he stood up bravely! He waved his fist and shouted the iconic battle cry "Fight, Fight, Fight", showing the world the true nature of a leader.
His strength and courage ignited a movement that became one of the most memorable memes of the century.
Now, you can learn about yours History. This Trump meme celebrates a leader who never backs down, no matter the circumstances - we are all fighting for what matters."
It is worth noting that Trump Organization affiliates CIC Digital LLC and Fight Fight Fight LLC jointly own 80% of TRUMP, subject to a 3-year unlocking plan. CIC Digital LLC and Celebration Cards LLC, owners of Fight Fight Fight LLC, will receive trading revenue generated from TRUMP trading activity.
DWF Labs partner Andrei Grachev tweeted that Trump is doing the best marketing for the cryptocurrency market.
Greeks.live said the market maintains strong momentum ahead of Trump's inauguration. Traders are wary of selling call options, with a general consensus that trying to buck the trend could be dangerous. Some traders note the possibility of a Overdone, but think the market is unlikely to see a significant correction until after the inauguration
Looking aheadLooking ahead, with President Trump about to take office and. With plans to issue an executive order to support cryptocurrency, the Web3 market prospects will be broader.
By easing the regulatory burden on cryptocurrency companies and promoting the adoption of digital assets, the TRUMP Meme Coin is expected to gain greater recognition and support around the world
In addition, establishing an "America First" strategic reserve will further consolidate the United States' leadership in the field of digital currency.
In the future, TRUMP Meme Bitcoin will not only become an important member of the cryptocurrency market, but will also lead a new financial revolution and promote the development of the global digital economy. Let us wait and see this historic moment.