#TRUMP. WHAT DID THE US PRESIDENT DO? WHY IS THE MARKET FALLING?KCEX:TRUMPUSDT
#1D
Trump’s Token
Last night, Trump unveiled his own token, which reached a market cap of 14B+ in just 4 hours, surpassing Litecoin, Polkadot, and TON.
Key Details:
- Supply: Currently 200M tokens, gradually increasing to 1B over 36 months.
- Allocation: Official details on token allocation are available on the website.
- Exchanges: While the token isn’t yet listed on major exchanges, the trading volume suggests a Tier-1 exchange listing is imminent.
Positives:
➕ BTC: The reserve role of Bitcoin is strengthened when the former president launches a meme coin.
➕ SOL: The token operates on Solana, which is positive for the ecosystem.
➕ Memes: This could spark renewed interest in meme coins, though similar launches by other political figures might dilute liquidity for older projects.
Negatives:
➖ AI agents on Solana have suffered from a liquidity outflow due to this launch.
The launch of the TRUMP meme coin highlights the growing influence of cryptocurrency in political and social arenas. Overall, this event is a positive signal for the crypto industry.
As always, DYOR (Do Your Own Research) and trade wisely! 💖
Hugs,
Your crypto girl