Trump personally released a meme currency TRUMP with his own name on Solana. As of the time of publication, the market value of TRUMP once exceeded US$60 billion, and FDV exceeded DOGE.

It is the picture above that created the history of encryption in 4 hours new record. No new coin in history has a staggering $30 billion in value within 12 hours on the chain.

1. Token Economic Model

Note: The official Trump Meme released this time TRUMP may be the same team behind the previous Trump Digital Trading Cards (Trump Digital Trading Cards) series of NFTs. The issuer of "Trump Digital Trading Cards" is NFT INT LLC. They purchased a license to use Trump's name and likeness from CIC Digital LLC to produce and sell the NFT series.

According to the website "GetTrumpMemes.com", the initial purchase of TRUMP needs to be made through Moonshot, which supports traditional payment methods such as Apple Pay, Visa, Mastercard, and Venmo. As well as cryptocurrency payment methods such as USDC and SOL.

Given that TRUMP has now disclosed the contract address (6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN), and the on-chain pool has accumulated To the scale of US$712 million, it will be more convenient for users to purchase directly on the chain.

TRUMP is issued on the Solana chain. The token is to commemorate Trump raising his fist and shouting the iconic slogan after he was assassinated on July 13, 2024. The heroic figure with the battle cry "FIGHT FIGHT FIGHT".

GetTrumpMemes is designed to representTA’s support for and participation in the ideals and beliefs embodied in the “TRUMP” symbol and its associated artwork is not intended to be the subject of an investment opportunity, investment contract or security of any kind.

GetTrumpMemes is not affiliated with , any campaign, or any office or agency.

The total supply of TRUMP is 1 billion, but only 200 million will be in circulation at the beginning of creation, and the remaining 800 million will be gradually unlocked in the next 3 years.

The "GetTrumpMemes.com" website shows that CIC Digital LLC and Fight Fight Fight LLC, affiliates of the Trump Organization, jointly own 80% of Trump Cards (Note: This is the official statement, but based on the context it should refer to TRUMP tokens), but it needs to comply with the 3-year unlocking plan. CIC Digital LLC and Celebration Cards LLC, owners of Fight Fight Fight LLC, will receive trading revenue generated from Trump Cards trading activity.

The specific allocation of TRUMP and future unlocking progress are shown in the figure below.

In When the cryptocurrency meme related to the election had long since flamed out, Trump used his official account and history-making data to announce his arrival in the crypto world, and the market also welcomed it with real money, with a transaction of 20 billion US dollars. The quantity says it all.

This is an absolute boon to the cryptocurrency industry. Crypto-meme, with a total market value of US$10 billion, has opened up a ceiling for the market and also opened up the imagination of funds. At this point, it is no longer important what this coin can be used for. Everyone only needs to know that when the President of the United States personally issues a coin, the significance of this operation to the encryption industry is far beyond imagination.

Next Monday, Trump will officially begin his second term as President of the United States. After an expensive campaign season, the crypto industry finally has its own president.

Thanks to Trump's promise to establish a strategic Bitcoin reserve, Bitcoin gained significant momentum after his victory. At the same time, the Ethereum ecological infrastructure application led by AAVE also began to develop in December last year. It shined brightly in the "Trump market" last month, and the market believed that ETH would sweep away the gloom and usher in new highs in the next market.

However, some industry insiders currently believe that Trump’s taking office may bring more benefits to networks like Solana that focus more on practical application scenarios rather than reserve assets. Big benefit.

SOL prices rose 19% in the week before Trump took office. On January 16, according to @tier10k citing the New York Post, Trump was “open to the idea” of digital currencies issued in the United States (such as Solana, USD Coin and Ripple) as strategic reserves. After the news came out, SOL prices rose a further 5%.

2. Trump’s new encryption policy is good for SOL

January 15, Reuters According to reports, according to three people familiar with the matter, senior Republican officials at the SEC plan to begin an overhaul of the agency’s cryptocurrency as early as next week, after Trump takes office.

Among the steps Commissioners Hester Peirce and Mark Uyeda are considering include initiating a process to develop guidance or rules that would clarify what the agency does, two of the sources said. Under what circumstances are cryptocurrencies considered securities, and a review of some of the cryptocurrency enforcement cases pending in the courts.

In 2023, the SEC sued Coinbase and Binance, accusing these cryptocurrency exchanges of illegally acting as unregistered exchanges by facilitating transactions in multiple tokens, including SOL. of brokers.

In defining SOL as a security, the SEC, led by Gary Gensler, said that U.S. companies would be violating the law if they traded the token, because the SEC only issued Two special purpose broker-dealer licenses, and neither approved firm offers trading in SOL.

Although the SEC has withdrawn its charges against Solana in its lawsuit against Binance,If enforcement actions against Coinbase were also suspended, a significant hurdle to adoption of the network would be cleared.

3. What is the possibility of SOL ETF?

As the issue of Solana's unregistered securities recedes, some have begun to look to the prospect of a SOL ETF, which could allow regulated Solana investment vehicles to be listed on public stock exchanges trade. Polymarket predicts a 75% chance of the SOL ETF being approved in 2025, but Sol Strategies CEO Leah Wald said in a recent interview with reporters that she doesn’t think the Solana ETF will be approved anytime soon.

Solana may also reap an intangible benefit that is harder to quantify under a Trump presidency and a friendlier regulatory environment.

Titus Capilnean, Vice President of Market Development at Civic Technologies, said that when the regulatory status of SOL was unclear, developers mainly focused on promoting the trading of meme coins. This "is actually a form of protest against unclear SEC regulations."

Capilnean It is pointed out that with Trump taking office, the encryption industry "may shift from pure speculation to utility-driven growth, and developers will have more confidence to launch more complex applications without worrying about encountering regulatory resistance."

Over the past year, many U.S. Solana developers have said their products' chances of finding market fit would be greatly increased if regulatory clarity became clear. Now, it's time for them to prove it.

TRUMP may be a proof. "Crazy" has always been Trump's label. He personally issued coins and chose Solana, a project with a broad mass base. On the chain, after the precedent of GME, the power of retail investors is worth imagining.

4. Eldest son Eric Trump confirms the legitimacy of TRUMP currency

On January 18, Trump’s eldest son Eric Trump posted on social media, quoting crypto czar David Sacks "The reign of terror against cryptocurrencies is over, and the beginning of cryptocurrency innovation in the United States has just begun." He also mentioned Bitcoin and family projects.World Liberty Financial and the new official meme project TRUMP.