jakiro
Author: Blog
Everyone understands that the market will fluctuate before Trump takes office; but no one would have expected that Trump would send a coin directly.
Bai Lu believes that Trump’s issuance of coins will have three impacts:
First, Bitcoin will be completely legalized globally and become part of the US national reserves, and the US can legally use the Web3 financial revolution to harvest global wealth;
Second, the combination of Web3 and AI will promote the production relations revolution and give birth to new opportunities for the next generation of virtual economy. Small and medium-sized enterprises do not need IPOs, but directly open up the global marketing and capital chain through issuance of tokens;
Third, Trump’s issuance of coins may accelerate the legalization process of China’s Web3.China cannot see the United States taking this opportunity to once again monopolize global dominance; Hong Kong has been piloting the legalization of virtual assets in mainland China for two years, and the relevant policy layout of the mainland is likely to accelerate in the future.
Quoting the views of Bai Lu’s friend VDX CEO Bian Zhiwei:
Quoting Bai Lu’s friend Chen Yuetian, partner of Huofeng Capital, posted a passage on his Moments today:
This is historic, analogy to the moment when the first publicly traded stock was born
The new US president takes the lead and announces that it is legal to issue coins to the world, and even if it is legal to issue coins without fundamentals in individuals.
If it is illegal, legalize it through presidential power legislation
Just to make money?No, he wants to promote new asset entrepreneurship to help American debt
Wall Street cannot save the United States now; create another one, and it will not be established without destruction or establishment
This is the Shanghai Stock Exchange in 1992, and each of us can be Abao
The most dramatic people in the world have started a carnival of the era that the world dare not miss in in the most dramatic way.
Thunder on the ground
Let’s see what Trump did.At 10:00 a.m. on January 18, Trump’s personal account suddenly posted on social media Truth Social, which will launch a personal Meme token called TRUMP.Although the market responded quickly, it was very skeptical.
Then at 10:44,Trump once again promoted the same content on his personal X account. The risk of theft of the account can no longer stop the high enthusiasm of Trump’s fans.One hour later,TRUMP is priced at US$4.7 billion, and FDV has exceeded US$4.7 billion; based on the circulation volume of 200 million pieces, the corresponding circulation market value exceeds US$900 million.
According to CoinGecko’s price data, TRUMP coin started trading at the opening price of US$0.1824, and within 12 hours, it rose by more than 15,000% to about US$30, and the token market value rose to US$30 billion.As of 9:30 p.m. on January 19, according to Coinbase data, the price of TRUMP coins rose again to $71.65.
TRUMP price hits $82
Based on the total volume of 1 billion and the circulation of 200 million, the total market value of TRUMP coins once exceeded US$71.65 billion.The most awesome MEME coin in history was born.
Rich after lightning
According to the GetTrumpMemes official website, 80% of TRUMP’s supply is held by Fight Fight LLC, an entity jointly owned by a subsidiary of Trump Group, CIC Digital and CIC.The 800 million TRUMPs held by the Trump family once exceeded US$57.32 billion; while Forbes’s valuation of Trump’s net worth in November 2024 was US$5.6 billion, which means,Relying on issuing coins, Trump’s value has risen by more than 10 times in just two days..
For a time, major domestic media rarely put the news of “Trump’s issuance of coins” on the front page.
No one would have thought that more dramatic has not yet begun.Trump came prepared this time, not only did he come on his own, but he also held his wife to perform a good show together.
Scoring twice
At 5:13 on January 20, Trump’s wife, Melania Trump, who is about to become the first lady again, posted a post on his personal Twitter account that it will launch its personal Meme token, MELANIA. Users need to access the domain name”Melaniameme.com” website for purchase.
With the plot of TRUMP, MELANIA has quickly gained popularity once it was launched. As of 7:45, MELANIA temporarily reported US$8.4, corresponding to a fully circulated valuation of US$8.4 billion.
However, suddenly, after the issuance of MELANIA, the market consolidation began to take a sharp turn for the worse. BTC once fell below the $100,000 mark, ETH once fell below $3,200, and SOL once fell sharply to fall below $240.Not to mention the price of TRUMP, from the highest of nearly US$80, an increase of about 40,000%, in a few hoursIt fell back to around $50.
I don’t know if the market has had enough of the couple’s slutty operations, but the weekend drama suddenly cooled down with the pullback of TRUMP.But in more than a dozen hours, Trump himself will usher in the second highest moment of his life, and TRUMP will likely usher in a new climax again.
How to move in the future
It is not yet clear whether TRUMP can mobilize the market again; what is certain is that Trump’s coming to power will bring about an unprecedented era of the crypto market.
“The most popular thing in Trump’s entire cabinet system is the Office of Artificial Intelligence and Cryptocurrency Affairs, the agency’s current news has been revealed,” said Jeffrey Ding, chief analyst at Hashkey.Mainly responsible for formulating the regulatory framework for the entire crypto industry, contacting the China Securities Regulatory Commission, Commodity Futures Committee, Congress, etc., the crypto advisory committee under its jurisdiction claims that it istwenty fourCrypto EnterpriseCEOto provide advice on policy formulation.
According to Trump’s promise, the following new policies need special attention:
1)Build the United States into the global crypto capital
2)Stop suppression of cryptocurrencies as soon as you take office
3)Prevent the development of central bank digital currency (CBDC)
4)Establish strategic Bitcoin reserves
5)DismissalSECPresident
6)Stop selling of Bitcoin held by the U.S. government
7)Use Bitcoin to solve U.S. debt
8)Establish a more comprehensive crypto policy
9)Establish a Crypto Advisory Committee
Judging from Trump’s personnel appointment during the handover period, at least the first time has been completed5,9strip.For the crypto industry, at least from the regulatory level, on the one hand, the policies that were originally suppressed may be relaxed one after another, and on the other hand, more complete legislation is likely to further promote the industry to the mainstream.”
Trump’s coming to power will continue to accelerate policy changes in Hong Kong and the mainland.In the past year, 7 Hong Kong exchanges, 31 brokerage firms and 36 asset managers have made sufficient preparations for the arrival of the new era; mainland Web3 practitioners are also waiting for a new dawn.Now, this day is no longer far away.
