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TRUMP is more than just a meme coin
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2025-01-21 11:01 125

TRUMP is more than just a meme coin

Author: David Canellis, Blockworks; Compiler: Tao Zhu, Golden Finance

Marc Andreessen is right - our timeline is indeed splitting.

Anderson speculated on the Joe Rogan Experience in late November that our timeline has split twice in the past four months.

If this is true, then our world has clearly been divided for a third time with the launch of TRUMP, Trump’s official cryptocurrency, this past weekend.

The first split occurred last July when Trump was shot. “At that moment, the world would go in two completely different directions [if Trump died],” Anderson said.

Instead, we see "the most striking display of physical courage" he has ever seen, referring to an almighty fist pump combined with a chant of "Fight, fight, fight!" A killer combination now being used to promote Trump.

"It was at that moment, you knew, that the whole world could get really bad after this. So that was the first time the timeline split. "That timeline is there somewhere," Anderson said. "I don't want to go there. That's a bad place. ”

Trump’s victory on November’s Election Day led to a second division, Anderson said, paving the way for Trump to permanently divide our timeline a third time — for better or worse .

TRUMP’s token launch was global news. It was deployed on Solana on Friday night and took just 90 minutes to reach a market cap of $1 billion. surpassed $10 billion in just one day—and TON, SUI, Litecoin, and SHIB join the top 20 coins

While only 10% of the total TRUMP supply is currently available to the public, there has been some outcry, but it’s hard to say how many. Bought TRUMP during the rally

Onchain data shows that 110,000 individual addresses purchased it in the first three hours of trading on the DEX, and in the first 16 Over 500,000 addresses purchased it within hours

Currently, there are over 900,000 addresses holding TRUMP, but it is unlikely that this number corresponds to that many actual people. p>

Nonetheless, considering that the trading volume on CEX is in the billions (user holdings are not reflected on the chain), in our brand new timeline, there may be a million TRUMP Holders are not unrealistic.

There is a clear trend in the market: TRUMP is rising, and almost all other coins are falling.

Except SOL, during the TRUMP surge, SOL rises more than 20% to hit all-time high, which could beDue to rumors that the next US President will launch a coin on the network.

Since TRUMP was first issued (up a staggering 400x), most major cryptocurrencies have lost value.

BTC also hit new highs this morning, peaking at $108,786.

The only other rising coins in the top 25 (excluding stablecoins) are AAVE and LINK, which are up 6% and 7.5% respectively as of this morning.

Both tokens are tied to projects expected to integrate with Trump’s upcoming DeFi platform, World Liberty Financial.

Meanwhile, the WLF token sale benefited significantly. Overnight, it made another $200 million, taking its cumulative total sales from less than $90 million to its target of $300 million.

It is not impossible that some of the funds flowing into the WLF token sale may have been generated by trading TRUMP up.

All of this makes TRUMP far more than a meme. This is a proof of concept that shows the world what is possible on this cryptographic timeline.

Obviously, this created billions of dollars in on-chain capital once MAGA was launched.

Keywords: Bitcoin
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