Will Trump Continue To Be A Huge Force In The Crypto World ?

[SiliconHat]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

Trump again proves to be crypto friendly by launching his own meme coin $TRUMP on solana (https://x.com/realDonaldTrump/status/1880446012168249386?t=ykxbqTMJp-3tgP-SpIyRiQ&s=19) I wasn’t surprised when i saw the price surge but it’s marketcap sitting at $23.21B blew my mind….the coin was launched 8 hours ago and it had flipped $PEPE Mcap. Honestly, this got me speechless,I wonder if it will reach $50B mcap before today ends. I’m really pained I didn’t get my hands on this coin immediately he posted it on his Twitter page. Has anyone  bought this coin yet ? If yes i can imagine how excited they will be right now but guys do you think he will continue being a huge force in the industry?

[markm]

I think the Strategic Reserve some sources seem to indicate he might be bringing in sounds promising...

It will make it possible for the Galactic Milieu to compute a treasury-based value for the U.S. currency the way it does for other treasury-based assets in the Milieu:

Add up total value of Strategic Reserve, add Secured Accounts Receivable, subtract Debts Owed and divide the result by number of dollars minted to compute value per dollar...

Where does one look up number minted, by the way? Financial Times? Wall Street Journal? Treasury Department website?


-MarkM-

[o48o]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

Trump again proves to be crypto friendly by launching his own meme coin $TRUMP on solana (https://x.com/realDonaldTrump/status/1880446012168249386?t=ykxbqTMJp-3tgP-SpIyRiQ&s=19) I wasn’t surprised when i saw the price surge but it’s marketcap sitting at $23.21B blew my mind….the coin was launched 8 hours ago and it had flipped $PEPE Mcap. Honestly, this got me speechless,I wonder if it will reach $50B mcap before today ends. I’m really pained I didn’t get my hands on this coin immediately he posted it on his Twitter page. Has anyone  bought this coin yet ? If yes i can imagine how excited they will be right now but guys do you think he will continue being a huge force in the industry?

You are hilarious... "Crypto friendly " .Marketcap of that is high because the maker of that coin is holds 80% of the supply.



This is beyond stupidity, and it wouldn't surprise me if he tries to sell that in some point as some kind of crypto reserve with bitcoin, so US would buy it from him (or whom ever made that token for him.

It amazes me how people think that scams are crypto friendly because they are done with crypto tokens.

If his accounts weren't hacked, this is a blow under a belt for bitcoiners. And it wouldn't surprise me if his accounts were hacked, given that in 2020, when his account was hacked, password was "MAGA2020!" and six years ago it was “yourefired.”.

[coin-investor]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

We are followers of who is in power, and in a highly volatile market, we put our hope and trust in who wields the most power, and in this case, Trump and Elon.
So they can pump or shill any coin or token, and the community will be in a buying spree because of FOMO.
This is not going to be the last time that they are going to shill the market; I just hope that they shill a coin/token with a real use case and not just a random meme or their own meme, which has no use case at all.
Unfortunately, because of this, the memes will continue to flood the market so be careful on when and how you going invest

[bettercrypto]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

We are followers of who is in power, and in a highly volatile market, we put our hope and trust in who wields the most power, and in this case, Trump and Elon.
So they can pump or shill any coin or token, and the community will be in a buying spree because of FOMO.
This is not going to be the last time that they are going to shill the market; I just hope that they shill a coin/token with a real use case and not just a random meme or their own meme, which has no use case at all.
Unfortunately, because of this, the memes will continue to flood the market so be careful on when and how you going invest

Well, I had no doubt about Elon Musk when it came to the power of his influence on social media platforms, and I'm sure he knew for himself that millions of the crypto community were waiting for him, and just one post on X would surely make many people buy the crypto assets he mentioned.

So, for me, Elon's power of influence is still stronger than Trump's, but if they were to promote the same assets in tandem, the impact on the crypto community would be even stronger.

[noormcs5]

We are followers of who is in power, and in a highly volatile market, we put our hope and trust in who wields the most power, and in this case, Trump and Elon.
So they can pump or shill any coin or token, and the community will be in a buying spree because of FOMO.

I am sorry but Elon is not good for the crypto market, he only manipulates the market by tweeting about the Doge to make it pump and then it dumps. Even with bitcoin, if you remember, he wrote bitcoin on his Twitter profile and then bitcoin pumped 10K and then dumped too, it happened few years back.

Now, we have hope with Trump but i don't think he is doing any good by launching a memecoin just before his inauguration and keeping 80% of supply with himself, such things doesn't suit to a person who is the president of a country. We are hoping for bitcoin reserves and here we are getting some meme manipulations 

[SamReomo]

To be honest, the Donald Trump and Elon Musk are the ones who can manipulate the whole market within minutes and even a simple tweet from them can make investors greedy and they start buying a coin without any research. Especially, when there's a meme coin or in specific words a Solana based meme coin that they tweet about then it goes multiple 10x's within a day.

[Lida93]

I’m really pained I didn’t get my hands on this coin immediately he posted it on his Twitter page. Has anyone  bought this coin yet ? If yes i can imagine how excited they will be right now but guys do you think he will continue being a huge force in the industry?

No need to be pained mate, there always a new opportunities in the market and they keep surfacing on a daily. Myself I didn't get to buy as I was skeptical about it despite been a Trump person I guess I  have no need for regret. Technically the huge force and abrupt increase in the market cap just in few hours can't be unconnected to his ownership of almost 90% of the coins. And to me something doesn't just feel right about that as I would advise people to be careful not get carried away with FOMO by going with a lump-sum that you can't afford to lose. Irrespective of the fact that it's owned by trump it still remains an altcoin and caution should be followed.

[Odusko]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

We are followers of who is in power, and in a highly volatile market, we put our hope and trust in who wields the most power, and in this case, Trump and Elon.
So they can pump or shill any coin or token, and the community will be in a buying spree because of FOMO.
This is not going to be the last time that they are going to shill the market; I just hope that they shill a coin/token with a real use case and not just a random meme or their own meme, which has no use case at all.
Unfortunately, because of this, the memes will continue to flood the market so be careful on when and how you going invest

I have been trying to see the Trump coin users and obviously, there is none other than just being hyped and true be told a lot of those Twitter accounts have been hacked lately although for a notable personality like Trump his account may be closely monitored by his friend and partner owners of x Elon musk so making it hard for hackers to take control of the account and deceiving Trump followers with such a meme coin scam, although the coin has pumped greatly but that doesn't erase the possibility of any sudden dip in the market since they're is nothing like an ecosystem to support the long term existence and survival of that coin in the long run.
So everyone just be careful out there and never invest in what you are not clear of lot of scammers are taking advantage of the memecoins craze and hype lately protect your hard-earned money people.

[nelson4lov]

That TRUMP meme went up to over 30M in 1 minute and 200m+ in 5 minutes and given the time he posted it, I didn't get in and a lot of people didn't get in as well. Me think that trump launching all these NFT, DeFi and memecoin projects in recent months is +ev for crypto even though I don't agree which the predatory nature that comes with his launches.

For reference, TRUMP meme has 80% of the supply locked for the team.

[markm]

Only 80%, wow, what a generous allotment for the commoners!


-MarkM-

[X-ray]

That TRUMP meme went up to over 30M in 1 minute and 200m+ in 5 minutes and given the time he posted it, I didn't get in and a lot of people didn't get in as well. Me think that trump launching all these NFT, DeFi and memecoin projects in recent months is +ev for crypto even though I don't agree which the predatory nature that comes with his launches.

For reference, TRUMP meme has 80% of the supply locked for the team.

yeah that's a really big minted allocation yet the meme is still on fire.
people definitely just really speculating based on the volume alone, at first I didn't really believe trump was releasing his official coin and thought that maybe his account got hacked or something but man after 1 hour of no clarification I kinda feel like it's official and yeah it's official, i've seen the price going up non stop without break but right now it seems it's finally stagnating a little bit.

wonder if this thing will further explode if there's binance listing which i think is pretty much possible .

[SiliconHat]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

We are followers of who is in power, and in a highly volatile market, we put our hope and trust in who wields the most power, and in this case, Trump and Elon.
So they can pump or shill any coin or token, and the community will be in a buying spree because of FOMO.
This is not going to be the last time that they are going to shill the market; I just hope that they shill a coin/token with a real use case and not just a random meme or their own meme, which has no use case at all.
Unfortunately, because of this, the memes will continue to flood the market so be careful on when and how you going invest

Well, I had no doubt about Elon Musk when it came to the power of his influence on social media platforms, and I'm sure he knew for himself that millions of the crypto community were waiting for him, and just one post on X would surely make many people buy the crypto assets he mentioned.

So, for me, Elon's power of influence is still stronger than Trump's, but if they were to promote the same assets in tandem, the impact on the crypto community would be even stronger.

I agree Elon’s power of influence is stronger than Trump’s but i don’t think they can promote the same assets but i hope they do and if unexpectedly they do so, the impact will be massive just like you said.

[bettercrypto]

30 millions in just 1 min. Then 200 millions after 5 mins., that really absolutely crazy pal, this was the first time I saw and heard happened here in the crypto space especially for meme coins, because most of the time this was happened not in meme coins.

Maybe this was happened because of Trump inaguration coming this Jan. 20 2025 so they took the chance for this matter, and now let wait and see on tht day if they qill implement the bitcoin reserves on this matter.

[SiliconHat]

That TRUMP meme went up to over 30M in 1 minute and 200m+ in 5 minutes and given the time he posted it, I didn't get in and a lot of people didn't get in as well. Me think that trump launching all these NFT, DeFi and memecoin projects in recent months is +ev for crypto even though I don't agree which the predatory nature that comes with his launches.

For reference, TRUMP meme has 80% of the supply locked for the team.

I also didn’t get in….i thought something was off when i saw the tweet but when i realized the post was real, it was too late to hop in. His approach is what i’m against, it’s selfish to lock 80% of the supply for himself but still the coin is on fire…sitting at over $56B marketcap now.

30 millions in just 1 min. Then 200 millions after 5 mins., that really absolutely crazy pal, this was the first time I saw and heard happened here in the crypto space especially for meme coins, because most of the time this was happened not in meme coins.

Maybe this was happened because of Trump inaguration coming this Jan. 20 2025 so they took the chance for this matter, and now let wait and see on tht day if they qill implement the bitcoin reserves on this matter.

It’s really crazy man….right now it at 60 billion. Yeah Trump’s inauguration may have prompted him to launch that coin and i can’t wait to see what will unfold tomorrow.

[moderator's note: consecutive posts merged]

[o48o]

That TRUMP meme went up to over 30M in 1 minute and 200m+ in 5 minutes and given the time he posted it, I didn't get in and a lot of people didn't get in as well. Me think that trump launching all these NFT, DeFi and memecoin projects in recent months is +ev for crypto even though I don't agree which the predatory nature that comes with his launches.

For reference, TRUMP meme has 80% of the supply locked for the team.

Let's step back a little. Trump hasn't launched anything. People are most likely using Trump brand paid license, just like they did with nfts, which is in no way connected to The Trump Organization, or anything related to it. You can just find that small print from their website.

And obviously trump shills this, like he shilled beans in the past. Anything that gets him some money. He is a salesman, and that's all he does.

Also why would people want to fund him, or what ever that team behind it is? Because you want to make some bucks out of it? Seriously, you people must have loved bitconnect. This all seems like a middle finger to his bitcoiner voters.

[JeffBrad12]

30 millions in just 1 min. Then 200 millions after 5 mins., that really absolutely crazy pal, this was the first time I saw and heard happened here in the crypto space especially for meme coins, because most of the time this was happened not in meme coins.

Maybe this was happened because of Trump inaguration coming this Jan. 20 2025 so they took the chance for this matter, and now let wait and see on tht day if they qill implement the bitcoin reserves on this matter.

It’s really crazy man….right now it at 60 billion. Yeah Trump’s inauguration may have prompted him to launch that coin and i can’t wait to see what will unfold tomorrow.

this inauguration gonna be a wild one and might increase volatility in the market, right now i'm closing all my positino in future market, but one thing for sure it can either be sell the news which can make the market dump or instead an amplified hype.

im pretty sure that the trump meme already drained the hype of his inauguration but we can never know, for all I know the meme coin can just shoot up to an even higher FDV.

but well, I guess one thing i need to do just stay from the market temporarily.

[SiliconHat]

30 millions in just 1 min. Then 200 millions after 5 mins., that really absolutely crazy pal, this was the first time I saw and heard happened here in the crypto space especially for meme coins, because most of the time this was happened not in meme coins.

Maybe this was happened because of Trump inaguration coming this Jan. 20 2025 so they took the chance for this matter, and now let wait and see on tht day if they qill implement the bitcoin reserves on this matter.

It’s really crazy man….right now it at 60 billion. Yeah Trump’s inauguration may have prompted him to launch that coin and i can’t wait to see what will unfold tomorrow.

this inauguration gonna be a wild one and might increase volatility in the market, right now i'm closing all my positino in future market, but one thing for sure it can either be sell the news which can make the market dump or instead an amplified hype.

im pretty sure that the trump meme already drained the hype of his inauguration but we can never know, for all I know the meme coin can just shoot up to an even higher FDV.

but well, I guess one thing i need to do just stay from the market temporarily.

Staying away from the markets for now is a wise decision, from what i’m seeing now it’s kinda fluctuating…it dipped a little after Melania’s launch. Everything just seems chaotic, some sold Trump to buy Melania’s coin…if it’s not greed i don’t know what is.

[john_egbert]

Staying away from the markets for now is a wise decision, from what i’m seeing now it’s kinda fluctuating…it dipped a little after Melania’s launch. Everything just seems chaotic, some sold Trump to buy Melania’s coin…if it’s not greed i don’t know what is.

Await more coins like that from big people, imo.
And degens will pour the liquidity from one place to another, like a river 

[MarvieJ]

Trump alongside Elon Musk have been a huge driving force in the crypto market. Just one tweet from Elon can skyrocket the price of a coin x100. Even though Trump had once condemned Bitcoin and other cryptos few years ago, its suprising to see how he had made impact in the financial markets after he promised in his last year’s presidential campaign to make US the crypto capital of the planet. Apparently, after the election Bitcoin surged to a record of $89,000 which was its ATH as at then. He admitted to be a crypto enthusiast and this made a lot investors pumped money into crypto

We are followers of who is in power, and in a highly volatile market, we put our hope and trust in who wields the most power, and in this case, Trump and Elon.
So they can pump or shill any coin or token, and the community will be in a buying spree because of FOMO.
This is not going to be the last time that they are going to shill the market; I just hope that they shill a coin/token with a real use case and not just a random meme or their own meme, which has no use case at all.
Unfortunately, because of this, the memes will continue to flood the market so be careful on when and how you going invest

Love your perspective; but I think $TRUMP might be more than just a random meme coin. Trump has always been a polarizing yet powerful figure, and his influence can’t be ignored. The fact that $TRUMP has gained traction so quickly shows how much faith people have in his name and legacy.

While I agree with being cautious in the meme coin space, I’m personally optimistic about it to an extent tho lol. I believe in the ideology of “making money when you see the opportunity”, was surprised to see binance listing ; but already sold some off on Bitget tho coz price will definitely retrace