Golden Finance reported on January 20 that according to CNBC, Trump’s issuance of the meme coin TRUMP highlights his support for cryptocurrency and shows that he believes Americans should have the freedom to participate in this emerging asset class. There’s a logic here that suggests giving official recognition to what might be considered the wildest crypto asset, Meme, is the best way to convey the U.S. government’s support in embracing cryptocurrencies and making the U.S. a major player in the space. On Monday, investors will focus on Trump’s inauguration and watch for cryptocurrency-related executive orders. Kruger added that Bitcoin’s new record opens the door to a possible move up to $130,000.