Will Trump coin replace Bitcoin?

[Zoomic]

Will Trump coin replace Bitcoin?

No coin can replace bitcoin, not even those coins that have been in existence before this Trump coin. We know Trump has some kind of influence, but let us not overhype him into believing that the Trump coin would become the next leading cryptocurrency in the world.

Bitcoin is still enjoying the first mover advantage. It has gained lots of trust and support over the years that it would be difficult for any other coin to come close.

Bitcoin's decentralization is one of its biggest advantage over altcoins. The Trump's coin is a centralized coin and this is where we should know that Trump coin can never replace Bitcoin.

[Liliana1304]

I wonder how a token that just gained prominence not too long ago be able to replace Bitcoin. $Trumpcoin will have to do a lot a work to be able to get into the same class as Bitcoin and it's too much of an insult to compare the two. Let's wait and see if this shitcoin the president is parading would last long or won't fizzle out like some burst balloon.

Trumpcoin is just a memecoin with no use case, no blockchain, providing nothing to the crypto ecosystem instead of making profit to some and lose to some, but Trump made a very profitable choice by launching this meme he knew he would make millions of dollars from this meme and the way it got pumped and if I am not wrong it was among top 10 tokens as well.

The way it reached in top 10 I was worried about the reliability of other projects haha I mean people were investing in a shit token while missing other opportunity, the internet was also full of, like you were sleeping when people made millions, what a bullshit. Statements like these will only pump people to buy this token, not good for them. We must keep our mind calm and if we can get benefit from the opportunity we should otherwise don't buy and sell in FOMO with precious money.

It is amongst the top 26 cryptocurrency thanks to Friday's event. Trump has been known to make headlines in whatever he does and so I'm not surprised that he chose that particular period to make the launch of the token. Trump is a businessman and fact that in the space of how many hours that the memecoin was introduced, about $11bn was it's market capitalization should speak volumes.

[kawetsriyanto]

Trump coin isn't comparable with Bitcoin. It is just funny that you consider it to replace Bitcoin. Trump coin seems to have a hype temporarily, it will have the same ending as other meme coin. Mostly, this kind of meme coin will be very hype few weeks or months, then they will lose the hype and the price will constantly drop day after day.

[coolcoinz]

A question for people who think it will: do you even know what distribution is?

So, this coin has something like 20% distributed between buyers and 80% is held by insiders and people who actually made it. Coins with such distributions are scams, rug pull coins, vehicles supposed to make their makers rich. They aren't there for you.

Being polite, I'd call this a donation coin, where buying it shows support for Trump and allows you to donate to him. Let's be real though, most people are not buying this coin for such reason. They hope they can make money on this. If you're one of such people you should wake up, because you are being played.

[Riocasino]

A question for people who think it will: do you even know what distribution is?

So, this coin has something like 20% distributed between buyers and 80% is held by insiders and people who actually made it. Coins with such distributions are scams, rug pull coins, vehicles supposed to make their makers rich. They aren't there for you.

Being polite, I'd call this a donation coin, where buying it shows support for Trump and allows you to donate to him. Let's be real though, most people are not buying this coin for such reason. They hope they can make money on this. If you're one of such people you should wake up, because you are being played.

80% by one adress you mean. and there is no any dump from the 80% in last 24 hrs.
it was dump the people

[kentrolla]

Have people gone crazy? Comparison of Bitcoin with Trump coin itself is an insult to Bitcoin because both are not on same level and way apart. Let's meet clarify once and for all there is no coin which can replace Bitcoin atleast in this decade until Bitcoin has power to shake the market trend which we have seen recently. There would be so many coins launched or endorsed by powerful people but it doesn't mean they will succeed as they may have temporary fame and volume but eventually they will fade away and cannot sustain. People though the same about Doge aor SHIB when endorsed by EM. Let's stop comparing Bitcoin with other coins.

[summonerrk]

I just couldn't believe it when I heard that funds started to submit applications for an ETF with Trump coin and DOGE. It seems to me that this is some kind of peak absurdity, because hundreds of worthy projects do not have an ETF. For example, I think that TON should also have an ETF, because according to SMS, Telegram has no competitors or analogues. But no one is talking about this!
But everyone knows that Trump coin is a shitcoin, but there is a chance that it will really pass a positive application for the ETF...

[aioc]

Will Trump coin replace Bitcoin?

This is going to be asked if you see a coin or token taking an unprecedented pump. It could have been a valid question if its not a meme, but its a meme, and we all know that memes are notorious as a pump and dump scheme. It may be doing great right now, but for how long? We all know if you invest in a meme coin, be sure in a hurry and do not be too greedy to dump; the worst thing is for you to wake and you lose all your meme investment.
So moderate your greed and be ready to take losses.

[albon]

A question for people who think it will: do you even know what distribution is?

So, this coin has something like 20% distributed between buyers and 80% is held by insiders and people who actually made it. Coins with such distributions are scams, rug pull coins, vehicles supposed to make their makers rich. They aren't there for you.

Being polite, I'd call this a donation coin, where buying it shows support for Trump and allows you to donate to him. Let's be real though, most people are not buying this coin for such reason. They hope they can make money on this. If you're one of such people you should wake up, because you are being played.

I completely agree with you. There is even a disclaimer on the $TRUMP coin website for those hoping to make profits from this coin and a warning that the coin should not be considered an opportunity or an investment contract or security, and even the percentage that you indicated for buyers is very small and represents only a fifth of what the coiin team will receive, who are actually the ones who made fortunes from the success of this token, which was created solely as an expression of support for Trump—nothing more.

Meme coins are indeed designed to benefit their creators first and foremost,, who make fortunes from the pockets of greedy people who aspire to double their returns and capital. Therefore, there is no comparison between Bitcoin and this Shitcoin at all.

[Dr.Bitcoin_Strange]

How can you compare a centralized project to bitcoin that is decentralized. Bitcoin decentralized network makes it possible for  users to transact without limit but for those centralized project, you can get you tokens locked out by the developer and so many other disadvantages like pump and dump but bitcoin price can not be manipulated and controlled by anyoneanyone like the way those altcoins can be manipulated.

[DeathAngel]

OP has to be trolling because nobody could seriously think that $TRUMP will surpass Bitcoin ever. It’s just yet another meme coin with no real world utility, no reason to pump. Bitcoin is fully engrained in financial markets now, it is going nowhere but the moon.

[MAAManda]

Will Trump coin replace Bitcoin?

It's lucky to have missed a few days before finally seeing this ridiculous topic & question.

First of all, Bitcoin (BTC) will not be replaced by any crypto asset as the godfather of crypto. Do you know Ethereum (ETH)? they have a total token supply almost 10 times smaller than $TRUMP, doing new things to invite more money in, but what? they still can't outperform $BTC, especially if we're talking about $TRUMP, that's an impossibility. Make the topic more interesting, it might be useful for this community, mate.

[john_egbert]

The topic name is a good joke, maybe the best of this week.
Don't make more of these, OP, please 

[jcojci]

Will Trump coin replace Bitcoin?

Why do you think like that? But the answer is no. Trump coin can not replace Bitcoin because Bitcoin is the leader in the cryptocurrency. Maybe Trump coin can competes with the other meme coins but that will not easy because other meme coins wants to be popular. Maybe it is a coin that they can fully control the movement so be careful with manipulation of the price.

[AFR002eeN]

I dont think this should be a any debate, both are very different .

[mich]

Well I do not think there is any coin that can replace Bitcoin. It does have too big of a marketcap and it is the crypto currency that will make alot of hodlers alot of profit.
If there is going to be a coin to replace it it will not be a meme coin. I do think it will have to be a coin that has a real use case for it. And this is something we can not say about any of the meme coins. Not even the 1 that does have biggest marketcap Doge coin.

[SlicknSmooth]

Bitcoin will stand strong and other will perish. No.

[Odusko]

I think this is the third time I will be seeing a topic like this or a topic similar to this. Bitcoin is very different from Trump coin. Both are not comparable.

There is no coin like bitcoin as of this time. Trump will find it difficult to compete with coins like Ethereum not to talk of bitcoin that is almost six times larger in marketcap than ethereum.

It tiring to keep reminding forks about the need to stop comparing Bitcoin to a shitcoin, meme coins can't even compare to other altcoins like BNB or Ethereum how much more the Almighty Bitcoin, and the question that always pops into my mind anytime I hear this kind of statement is, how and what is another functionality of Trump coin, and how much long have the coin being in the market and what its current condition is, today make it exactly one week since the Trump coin hype start and for now the coin is in the worst condition compared to last week, and that indicates one thing which is how worthless the coin can become in the future, so stop the dem comparison and focus on Bitcoin if you want to grow an investment.

[coin-investor]

Will Trump coin replace Bitcoin?

We have already established the fact that no meme or any altcoin can replace Bitcoin. Bitcoin dominance is still high at 56%. It will continue to stay that high.
After more than a decade, Bitcoin has proven its stability, even though this is the most attacked coin in the market.
TrumpCoin may be doing great now because of shilling and FOMO, but its long-term status in the market is unclear because, like all the other memes, it will vanish or stabilize but not going to surpass Bitcoin.
 

[avikz]

Will Trump coin replace Bitcoin?

Yes why not! When I will become the president of US, I will make Trumpcoin bigger than Bitcoin. Nonsense!

It's hilarious to even think that a memecoins will ever replace the OG Bitcoin. Bitcoin is a global currency. It didn't thrive on Donald Trump. A meme coin has no power to replace any coin whatsoever. These are all pump and dump game!