jakiro
Sutong $30 billion
On the morning of January 18, Beijing time, Trump’s social account launched his personal Meme coin TRUMP.
However, 12 hours later, GMGN market data showed that the market value of “Trump Meme Coin” TRUMP hit US$30 billion, surpassing PEPE and becoming the third largest Meme Coin with market value, and also surpassing the market value of Trump Media Technology stock DJT.
Several people familiar with the matter revealed that U.S. President-elect Trump plans to use his executive power a few days after taking office to reduce the regulatory burden faced by cryptocurrency companies and promote the adoption of digital assets.
In the future, after taking office, U.S. President-elect Trump will plan to issue an executive order that will make cryptocurrencies a national priority and set up a cryptocurrency advisory committee within the government to speak out for the industry’s policies.Sources said the order aims to guide government agencies to work with the crypto industry, reflecting its strategic importance.In addition, Trump’s team is also discussing stopping federal litigation against cryptocurrencies to promote the development of the industry.
Not only that, Trump is “open to” the idea of building a strategic reserve that includes digital currencies founded by the United States.
While many in the cryptocurrency community are cheering for Trump’s upcoming executive order to support cryptocurrencies, one of the proposals has sparked more controversy: to build a “America First” strategic reserve thatPriority will be given to digital currencies founded in the United States, such as Solana, USD Coin and Ripple.Trump has met with the founders of the digital currencies in recent weeks, and according to sources, he is open to the proposal.
Earlier, Trump’s inauguration approached, crypto industry executives were competing for opportunities to engage with Trump himself and a seat on the planned cryptocurrency advisory committee.
As of press time, according to the information provided by Dune, the TRUMP data are as follows:
TRUMP Token
The TRUMP token image is derived from the photos taken when Trump was assassinated on July 13, 2024 when he raised his hands and shouted out the iconic battle slogan “FIGHT”.
The GetTrumpMemes.com website stated that Trump Memes is intended to express support and participation in the ideals and beliefs embodied by the “TRUMP” symbol and its related artworks, and is not intended to be the subject of investment opportunities, investment contracts or any type of securities.
Currently, it has been launched on Moonshot and supports traditional payment methods such as Apple Pay, Visa, Mastercard, Venmo.
As of the time of publication, the total inflow of all retail inflows at Moonshot currently exceeds US$170,000.
In addition, its official website also wrote: “On July 13, 2024, President Trump faced death, but he stood up bravely! He waved his fists and issued the iconic battle slogan “Fight, fight, fight, fight.”Show the world the true nature of a leader.
His strength and courage ignited a movement that became the most memorable meme of the century.
Now you can learn about your history.This Trump meme celebrates a leader who will never back down no matter what the situation is.Join the Trump community – We are all fighting for what matters.”
It is worth noting that Trump Group affiliates CIC Digital LLC and Fight Fight LLC jointly own 80% of TRUMP, but are subject to a 3-year unlocking plan.CIC Digital LLC and Celebration Cards LLC, owners of Fight Fight Fight LLC, will receive transaction revenue generated from TRUMP trading activities.
Kara Calvert, vice president of U.S. policy at Coinbase Global Inc., said: “I think what Trump is going to do is show that the United States is back and we are ready to lead the trend in this industry, which is sending a signal to other countries: Be careful, otherwise you guysWill not keep up.”
DWF Labs partner Andrei Grachev tweeted that Trump is doing the best marketing for the cryptocurrency market.
Greeks.live said the market maintained strong momentum before Trump’s inauguration.Traders are cautious about selling call options, and generally believe that trying to go against the trend may be more dangerous.Some traders have noticed the possibility of excessive gains, but believe that the market is unlikely to see a significant pullback before the inauguration.
Looking to the future
Looking ahead, the Web3 market prospects will be broader as President Trump is about to take office and plans to issue executive orders supporting cryptocurrencies.
By reducing the regulatory burden on cryptocurrency companies and promoting the adoption of digital assets, TRUMP Meme coins are expected to gain more recognition and support worldwide.
In addition, establishing a strategic reserve of “US First” will further consolidate the United States’ leadership position in the field of digital currency.
In the future, TRUMP Meme 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’s wait and see and witness this historic moment.
