The Trump family is taking crypto seriously

[Olamidetechie]

The beauty of taking a trade is profit, but for that to be possible, having early access to the project is a strong key to achieving goals and objectives. I still remember when $TRUMP coin was launched, and I didn't have any Solana in my Phantom wallet.

I was watching and feeling frustrated because I knew how much I could have gained with that coin. However, I was able to benefit when exchanges like Bitget, followed by Binance and OKX, listed it early.

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

[hyudien]

The beauty of taking a trade is profit, but for that to be possible, having early access to the project is a strong key to achieving goals and objectives. I still remember when $TRUMP coin was launched, and I didn't have any Solana in my Phantom wallet.

I was watching and feeling frustrated because I knew how much I could have gained with that coin. However, I was able to benefit when exchanges like Bitget, followed by Binance and OKX, listed it early.

Don't follow the flow, previously we have seen Melania launch her meme on the Solana network because she saw Trump's success but what was the result? instead this is like a game for them to take free money from people like you who are fomo without having any provisions in meme token research. Not only that, scammers are taking advantage of Trump and his family's ecstasy to create shitcoin Barron did you know?

[freedomgo]

After the success of Trump Coin, it looks like a lot of new projects are now trying to link themselves to Trump. I’ll be honest, it works well during the early phase, but if the project is just riding the hype, it probably won’t last long.

And let’s not forget, Trump won’t be president forever unless he goes full dictatorship, which is pretty unlikely.

The Trump-themed projects aren’t really offering anything new in terms of concept or purpose. They just gained traction because Trump openly supported crypto, and he’s loud about it. But as we all know, he likely has personal plans behind it all, especially if he’s trying to push his own project.

[Sanitough]

They should be because they’re taking the opportunity to get serious now that they’re in a position of power. That’s what power can do.

With the huge money flowing into the market, it becomes easier for them to earn billions from their projects. And with several more years left before Trump’s term is over , we can expect even more projects to pop up. But always be careful, make sure it’s really their project and not just people using their popularity to run a scam.

[passwordnow]

The Trump coin was the most successful one, and then here comes melania that has dumped a lot. So, I don't think that they're taking crypto seriously. Whoever manages their names for these cryptos are the ones that are taking it seriously because they're probably assigned to look at the markets and make the most of it. As much as I want to invest more with these celebrity or leaders-backed coins, they're more prone to pump and dump and I have personally experienced that and that's the reason why I am avoiding any of them.

[Futurexxx]

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

When I see something like this I just laugh because greed is what normally blind most Investors of seeing the ugly reality of these tokens you intend risking your hard earned money on, how much is trump coin today?
It present value should have been helpful to you in your view towards these shit coin his family wanted to launch, but greed or ignorance will not let you notice the danger there.
This trump family is trying to make more money from the crypto market, so they believe that the best way to do it is invent a token, after it has boom for a while, they dump all their holdings and leave the rest of other investors in the middle of the sea.
Try your possible best to think and act smartly financially, because it's going to save you a lot if you are financially smart.

[Cointxz]

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

Are you seriously taking consideration of investing again on another scam pump and dump coin from this family? Their token $TRUMP and $MELANIA already rug pull lots of investors yet you still want to invest on another rug pull?

It’s already a gambling rather than an investment. Why not focus your investment on real asset like Bitcoin that has steady growth and high confidence that it will not rug pull you?

Stop feeding these manipulator with your money as exit liquidity.

[coin-investor]

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

I assume this is the stable coin you are discussing with us https://www.coingecko.com/en/coins/usd1, it's currently only traded on one exchange Kinesis.money, honestly, I don't want to invest in anything related to the Trump family; they engaged in a pump and dump scheme, and only protect their interest, I did some research and the project has been flagged by lawmakers.
There will be a lot of controversy if they proceed with the airdrop. Trump has been finding ways to create or find a cash cow to continue profiting from cryptocurrency.

US lawmakers have consistently questioned the project’s ties to US President Donald Trump and flagged potential ethical concerns related to the project.

A recent letter to Treasury Secretary Scott Bessent, signed by several Democratic lawmakers, flagged WLFI’s decision to reserve 90% of its token sale for foreign investors.

https://cryptoslate.com/over-40-wlfis-usd1-airdrop-approval-vote-concentrated-to-5-wallet-addresses/

[justinlamode]

After the success of Trump Coin, it looks like a lot of new projects are now trying to link themselves to Trump. I’ll be honest, it works well during the early phase, but if the project is just riding the hype, it probably won’t last long.

And let’s not forget, Trump won’t be president forever unless he goes full dictatorship, which is pretty unlikely.

The Trump-themed projects aren’t really offering anything new in terms of concept or purpose. They just gained traction because Trump openly supported crypto, and he’s loud about it. But as we all know, he likely has personal plans behind it all, especially if he’s trying to push his own project.

Trump Coin was indeed a success for those who are smart enough to know how to buy and cashout but I can tell you for a fact that it is a future disaster waiting to happen because it will likely remain relevant as long as Trump remains the president of the US. This is why anyone holding should know when to take profits to avoid holding on to something that may turn worthless in the future. It is always difficult to buy memecoins, maybe it is because I like holding for as long as possible.

[dumpsterhawk]

The Trump coin was the most successful one, and then here comes melania that has dumped a lot. So, I don't think that they're taking crypto seriously. Whoever manages their names for these cryptos are the ones that are taking it seriously because they're probably assigned to look at the markets and make the most of it. As much as I want to invest more with these celebrity or leaders-backed coins, they're more prone to pump and dump and I have personally experienced that and that's the reason why I am avoiding any of them.

According to coingecko, it is 200% up from its all time low and 82% down from its all time high. This is what we should call success?

I assume this is the stable coin you are discussing with us https://www.coingecko.com/en/coins/usd1, it's currently only traded on one exchange Kinesis.money, honestly, I don't want to invest in anything related to the Trump family; they engaged in a pump and dump scheme, and only protect their interest, I did some research and the project has been flagged by lawmakers.
There will be a lot of controversy if they proceed with the airdrop. Trump has been finding ways to create or find a cash cow to continue profiting from cryptocurrency.

I agree that it is better to stay away because you are taking on additional risk with these things. For it to be worth it, the potential reward must be much higher than anything that was so far demonstrated with these celebrity or political tokens.

Trump Coin was indeed a success for those who are smart enough to know how to buy and cashout but I can tell you for a fact that it is a future disaster waiting to happen because it will likely remain relevant as long as Trump remains the president of the US. This is why anyone holding should know when to take profits to avoid holding on to something that may turn worthless in the future. It is always difficult to buy memecoins, maybe it is because I like holding for as long as possible.

The lucky few and the insiders? Most people lost money, I would not consider that a success.

[aioc]

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

Are you still going to trust Trump after the pump and dump he did with the Trump coin and the token of Melania? With their past action, we should be cautious about projects they are associated with. The airdrop is attractive, but do not lock your funds or add this stable coin to your portfolio until this version of their stable coin has good potential and Trump will not become its ambassador.

[Wetfinex]

I view $USD1 with a certain level of caution. First, any stablecoin that claims to be “fiat-backed” but doesn’t provide clear and transparent information about its reserves is already a risk. Second, the association with a political figure like Trump automatically brings additional risks from regulatory pressure to reputational instability. We’ve already seen similar “hyped” initiatives launch with big promises and end either in collapse or legal trouble.

[kotajikikox]

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

If you are hoping to make significant profit I honestly don’t understand going for a stablecoin. Especially one that is launched by a political family. I can understand if you just wanna use a token or coin for some profit making but I don’t know if this specific one will be the best option. Still, it’s your own choice but I don’t see the purpose of this coin let alone if it’s for profit making.

[dumpsterhawk]

I view $USD1 with a certain level of caution. First, any stablecoin that claims to be “fiat-backed” but doesn’t provide clear and transparent information about its reserves is already a risk. Second, the association with a political figure like Trump automatically brings additional risks from regulatory pressure to reputational instability. We’ve already seen similar “hyped” initiatives launch with big promises and end either in collapse or legal trouble.

Yes, it is very similar to so many silver or gold backed coins that appeared throughout the years. For something like that to truly work, it must be transparent at every step of the way. There is no room for any excuses or delays in the transparency of the backing, as that is usually a bad smell indicating that something is wrong. In any case, you are much safer using very proven stablecoins like USDT than something new and that risky.

If you are hoping to make significant profit I honestly don’t understand going for a stablecoin. Especially one that is launched by a political family. I can understand if you just wanna use a token or coin for some profit making but I don’t know if this specific one will be the best option. Still, it’s your own choice but I don’t see the purpose of this coin let alone if it’s for profit making.

You can make good returns in DeFi using stablecoins. If you have a lot of money, this is the better course of action and lower risk than gambling in different projects.

[mich]

Well we can say President Trump is taking cryptocurrency seriously because he does talk about it alot. I do think it is because of him that we did see some very big gains int his year. 
And now some more 'bullish' news. The Trump Media Group wants to raise $3 Billion to spend on cryptocurrencies. It will be $2 Billion in equity and $1 Billion in a convertible bond.
https://www.ft.com/content/cc55d091-0b28-40bb-a11c-e32d4e121ca3

[Bournesparks]

I view $USD1 with a certain level of caution. First, any stablecoin that claims to be “fiat-backed” but doesn’t provide clear and transparent information about its reserves is already a risk. Second, the association with a political figure like Trump automatically brings additional risks from regulatory pressure to reputational instability. We’ve already seen similar “hyped” initiatives launch with big promises and end either in collapse or legal trouble.

There's a point there.. but it's the Trump family from what I hear and they hold a considerable amount of stake on the token. Anyways it has gone up to top5 stablecoin so that's something..

It's also trading on T1 exchanges rn like Bitget, Binance. If they could refine and probably include some innovative features . They could thrive really hard and even rival other stablecoins imo

[bitgolden]

Stop with shilling please, it is not going to work, we are not going to even google it, and you are not going to use trump name (which is already a shame) to get people to be interested in your shitcoin. If Trump tweets about any coin, then he will tweet about it, and the price would go up, but it is not going to mean anything until he does, so you can say trump is interested in ETH itself, and it would still not make a difference.

Worst thing is, you as a newbie could write here that bitcoin is what Trump wants, and it would still not impact bitcoin a single dollar, you are not going to make anyone buy even bitcoin, with a forum topic, and if you can't do that for bitcoin, imagine how much you can't do it for some shitcoin you are shilling.

[Olamidetechie]

Stop with shilling please, it is not going to work, we are not going to even google it, and you are not going to use trump name (which is already a shame) to get people to be interested in your shitcoin. If Trump tweets about any coin, then he will tweet about it, and the price would go up, but it is not going to mean anything until he does, so you can say trump is interested in ETH itself, and it would still not make a difference.

Worst thing is, you as a newbie could write here that bitcoin is what Trump wants, and it would still not impact bitcoin a single dollar, you are not going to make anyone buy even bitcoin, with a forum topic, and if you can't do that for bitcoin, imagine how much you can't do it for some shitcoin you are shilling.

I always laugh whenever i see a comment like this and i wonder how you get these many merits with this mindset. So when does a review and research turn to someone telling others to buy a project? Stop using the frustration u are having in real life to comment on an innocent thread that why there is DYOR, wish u nothing but a good luck in your trade and bitterness.

[babo]

The beauty of taking a trade is profit, but for that to be possible, having early access to the project is a strong key to achieving goals and objectives. I still remember when $TRUMP coin was launched, and I didn't have any Solana in my Phantom wallet.

I was watching and feeling frustrated because I knew how much I could have gained with that coin. However, I was able to benefit when exchanges like Bitget, followed by Binance and OKX, listed it early.

Back to the reason why i came here, i recently learned about a new project associated with the Trump family and Zach Witkoff, and I'd like to hear your view about it. The project is called $USD1, and after reviewing the whitepaper, it seems pretty solid as it's a fiat-backed stablecoin. With many stablecoins available, I'd consider converting my USDT to $USD1 once it's listed on CEXs, especially since this initiative aims to reward early adopters and test the airdrop mechanism. What do you think?

they recently invited the 250 major TRUMP holders to lunch including the nice CEO of TRON, Justin Sun

you understand that among them scammers, they know each other and support each other

stay well away from this crap, if you want to speculate on it ok but be careful, since the risk of getting burned is very high

[Dave1]

After the success of Trump Coin, it looks like a lot of new projects are now trying to link themselves to Trump. I’ll be honest, it works well during the early phase, but if the project is just riding the hype, it probably won’t last long.

Right, they are taking advantage of the popularity and see there have been a lot of projects which connects to Trump and his family. Himself, the wife and his sons are all benefiting from it.

The Trump-themed projects aren’t really offering anything new in terms of concept or purpose. They just gained traction because Trump openly supported crypto, and he’s loud about it. But as we all know, he likely has personal plans behind it all, especially if he’s trying to push his own project.

It's all been a meme coin and we all know the hype behind it, so sooner or later it will just die down just like any meme theme coin. In any case, the Trump administration has been very open on support crypto projects and it might be good enough for some investors or developers. At least in his term as President, there will be no witch hunt and anti-crypto unlike the previous administration wherein there was a lot of cases and lawsuits against crypto projects.