jakiro
In January 2025, the most eye-catching cryptocurrency incident was a token called TRUMP issued by former U.S. President Trump.The token reached a market cap of US$80 billion at its highest point and significantly affected the liquidity of other Meme coins in the market.As of now, the price of TRUMP tokens has remained at around $40.
Although this model is difficult to be replicated directly, as not everyone has such a social status and influence, the success of TRUMP tokens provides some observable investment trends and market responses.Investors can learn how to evaluate crypto assets related to celebrities and understand how markets accept such projects.
Early: A brief overview of TRUMP release details
December 21, 2024: The domain gettrumpmemes.com was purchased.
January 17, 2025: First minting.
January 18, 2025: Create a DEX trading pair around 10 a.m. and start trading.
Twenty minutes later, Trump posted on his truth social social account announcing the launch of his personal Meme coin TRUMP.
45 minutes later, Trump issued an official tweet and stressed it again.
January 18, 2025: At 12 a.m., TRUMP’s market value exceeded US$8 billion, taking only 2 hours.
January 18, 2025: In the evening, Trump’s eldest son Eric Trump posted a message to confirm that TRUMP is “orthodox”.
This is an important information point about TRUMP on the first day of its release, but even so, the interpretation of each information point is different.
For example, when Trump first announced the news on his truth social social account, many media or KOLs would prompt the risk of “possessed account”, which also discouraged many people.But some KOLs also analyzed that when he saw the news, he still clicked on the official website of gettrumpmemes.com to check it out. According to the website, the initial purchase of TRUMP needs to be made through Moonshot, which supports traditional payments such as Apple Pay, Visa, Mastercard, Venmo, etc.and payment methods for cryptocurrency such as USDC and SOL.His first reaction was not to suspect that this was a phishing website, because the website could jump to Moonshot. He thought that a native dog or a fake Meme could not convince Moonshot to be listed, so he bought TRUMP with this detail.
Secondly, after Trump’s accounts on both platforms confirm their authenticity, those who get on the bus will think that the market value is too high and the coin price is too high. TRUMP will pull back after breaking through $10, which also leads to a considerable number of people going on.After the car, I got off the car in time.
Medium term: Mainstream exchanges are listed on “extremely fast”, King of Meme treatment
As the first trading platform to be listed on TRUMP, Moonshot has also ushered in a surge in users amid this wave of craze.On January 18, the number of new users per day reached 400,000, and the number of daily active users exceeded 1 million.In addition, mainstream centralized exchanges have successively launched TRUMP from January 18 to January 19, and the speed and scale of the listing are among the best among many well-known Memes.
Huobi’s announcement on launching TRUMP spot trading: January 18, 2025 at 5:40 pm (UTC+8)
Bitget Announcement on the Launch of TRUMP Spot Trading: January 18, 2025 at 6:40 pm (UTC+8)
BitMart’s announcement on launching TRUMP spot trading: January 18, 2025 at 23:00 pm (UTC+8)
Ouyi’s announcement on launching TRUMP spot trading: 1:00 pm on January 19, 2025 (UTC+8)
Binance’s announcement on launching TRUMP spot trading: January 19, 2025 at 4:30 pm (UTC+8)
Later: After realizing it, the official website actually has a class action waiver clause
On the first day of TRUMP’s launch, everyone’s attention was on the performance of currency price and market value. It was not until the next day that someone discovered the “disclaimer” on the official website.
Class action waiver clauses are included in the TRUMP coin purchase terms.The terms are: “To the extent permitted by law, the investor participating in the purchase agrees that it will not initiate, join or participate in any class action lawsuit against any claim, dispute or dispute filed by any insured person. The investor agrees to enter the injunctive relief toStop such litigation or remove you as a litigation participant. Investors agree to pay attorneys’ fees and litigation fees incurred by any insured person in seeking such relief. These Terms prevent investors from filing, joining or participating in class action: (i) does not constitute a waiver of any right or remedy to file a claim by the investor, nor does it constitute a waiver of class action in binding arbitration mentioned above; (ii) is an independent agreement. Investors may access the website on the date of their first visitNotice of written decisions within thirty (30) days from the date of thirty (30) days, opt out of these dispute resolution terms.
The core of the clause is that the purchaser shall not initiate or participate in class action lawsuits against TRUMP, so that the token issuer can avoid many risks, indicating that TRUMP has been fully prepared before issuance.
In addition, the total supply of TRUMP is 1 billion, but only 200 million will be circulated at the beginning of creation, and the remaining 800 million belong to the Trump Group’s subsidiary CIC Digital LLC and Fight Fight LLC, which will be included in the next three yearsGradually unlock.However, this highly concentrated economic model, once negative news appears in the market, issuers may use the large number of tokens they hold to manipulate the market, triggering a price plunge, and ordinary investors will suffer significant losses.Even if there are so many “overlord clauses”, once TRUMP is an token officially certified by Trump, it will be enough to set off a huge wave.
Solana follows the wealthy sky, and the price of the coin breaks through the historical high
TRUMP not only accumulates the wealth of many people, but also further increases the value of Solana.Since TRUMP chose the Solana network, which is released on the Meme-energy atmosphere, but did not choose Ethereum, the market interpreted it as the president has “designated” Solana, Ethereum’s “pill”.Driven by this sentiment, SOL has soared sharply since TRUMP went online, breaking through $295 at the highest, breaking through the all-time high.
Judging from the market performance, the successful issuance of TRUMP tokens in the Solana ecosystem has produced a significant Matthew effect.The above mentioned that the Moonshot platform’s $400 million transaction volume and the growth of more than 400,000 new users in just 12 hours confirms Solana’s advantages in user experience and transaction efficiency, and more importantly, strengthens the market’s efforts to it.Recognized as the preferred issuance platform for emerging tokens.This increase in recognition is forming a virtuous cycle, attracting more project parties to choose Solana as the issuance platform.
Summarize
Although TRUMP is released in the “short, flat and fast” Meme method, it is obviously carefully prepared behind it, and the official domain name, economic model, disclaimer, message confirmation and other aspects make this project have a better packaging.It is both a bold attempt, but also an identity and a power that gives cryptocurrency more value.For investors, there are very few investment opportunities with such high certainty. If you miss out on TRUMP, you don’t need to worry. Summarize your experience and wait for the next investment opportunity.
