Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: TRUMP is much more than a memecoin
Share
bitcoin
Bitcoin (BTC) $ 75,853.00
ethereum
Ethereum (ETH) $ 2,233.43
tether
Tether (USDT) $ 0.998919
bnb
BNB (BNB) $ 688.35
usd-coin
USDC (USDC) $ 0.999467
xrp
XRP (XRP) $ 1.22
binance-usd
BUSD (BUSD) $ 0.99898
dogecoin
Dogecoin (DOGE) $ 0.071652
cardano
Cardano (ADA) $ 0.181175
solana
Solana (SOL) $ 89.66
polkadot
Polkadot (DOT) $ 0.914298
tron
TRON (TRX) $ 0.318113
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > News > Crypto > Altcoins > TRUMP is much more than a memecoin
Altcoins

TRUMP is much more than a memecoin

January 21, 2025 5 Min Read
Share
TRUMP is much more than a memecoin

This can be a section from the Empire e-newsletter. To learn full editions, subscribe.

Marc Andreessen was proper — our timelines actually are splitting.

Andreessen, on the Joe Rogan Expertise in late November, theorized that our timeline had already break up twice within the earlier 4 months.

If that’s true, our universe has clearly diverged a 3rd time with the launch of Trump’s official cryptocurrency, TRUMP, this previous weekend.

The primary occurred when Trump was shot final July. “And there was that second the place the world was going to move in two completely totally different instructions [if Trump died],” Andreessen stated.

As a substitute, we acquired the “most conspicuous show of bodily bravery” he’s ever seen, referring to the almighty fist pump mixed with a name to “struggle, struggle, struggle!” — a killer combo now getting used to advertise TRUMP.

“Proper at that second it may have gone, you already know, horrifically badly for your complete world after that. In order that was timeline break up primary. That different timeline’s on the market someplace,” Andreessen stated. “And I don’t need to go to it. That’s the dangerous place.”

Trump’s win on election day in November brought about the second rift, per Andreessen, paving the best way for TRUMP to completely break up our timeline a 3rd time — for higher or worse.

Melania’s staff additionally seems to have launched a token, which has already flipped AI16Z and WIF.

TRUMP’s coin is worldwide information. It was deployed on Solana on Friday night and took solely 90 minutes to hit a $1-billion market cap, and barely one other day to interrupt $10 billion — making it a high 20 coin alongside toncoin, sui, litecoin and shiba inu.

Whereas solely 10% of the full TRUMP provide is at present obtainable to the general public, resulting in some outcry, it’s laborious to say how many individuals purchased TRUMP on its means up.

Onchain information factors to 110,000 particular person addresses buying it in its first three hours of DEX buying and selling and over half 1,000,000 inside the first 16 hours.

At present, there’s over 900,000 addresses holding TRUMP, nevertheless it’s unlikely that determine maps to that many precise individuals.

Purple traces present the place the timelines would’ve break up, going by Andreessen’s idea

Nonetheless, given volumes ranging within the billions on CEXs — the place consumer holdings aren’t mirrored onchain — that there might be 1,000,000 TRUMP holders isn’t so unrealistic in our brand-new timeline.

This universe is simply three days previous, so the foundations aren’t but clear. However there’s an apparent development within the markets: Trump is up, virtually all the pieces else is down.

Aside from SOL, which hit a brand new all-time excessive after gaining over 20% amid the TRUMP pump, maybe because of buzz concerning the subsequent US President launching a token on the community.

Since TRUMP was first issued — resulting in a monstrous 400x — most main cash have misplaced worth.

BTC additionally jumped to a brand new report this morning, reaching as excessive as $108,786.

Efficiency as of 4 am ET.

The one different top-25 tokens (not counting stablecoins) to realize had been AAVE and LINK, which had been up 6% and seven.5% as of this morning.

Each cash are tied to initiatives that are on monitor to combine with Trump’s upcoming DeFi platform World Liberty Monetary.

In the meantime, the WLF token sale has massively benefited. It has raked in an extra $200 million in a single day, sending complete cumulative gross sales from beneath $90 million to its focused $300 million.

It’s not outdoors the realm of chance that a number of the funds that simply flowed into the WLF token sale had been generated by buying and selling TRUMP on its means up.

All this makes TRUMP a lot larger than a memecoin. It’s a proof-of-concept that has demonstrated to the world what’s doable on this crypto-enabled timeline.

Apparently, that’s creating billions of {dollars} in onchain capital on the drop of a MAGA hat.

You Might Also Like

Polygon Records $1.82B in Payments and $1.1B in RWAs

Grayscale Names 3 Crypto Tokens That Could Gain From New SEC Rules

Uniswap Proposes Expanding UNI Buyback and Burn to BNB Chain, Polygon, and Celo

Is Bitcoin’s Creator From Ripple? Hoskinson’s XRP Comments Revive ‘Schwartz Is Satoshi’ Claims

“Don’t Bet Against Me, We’re Gonna Win This Fight”

TAGGED:AltcoinsAltcoins News
Share This Article
Facebook Twitter Copy Link
Previous Article Dogecoin Historical Performance Says Dogecoin Price Could Surge To $2.2, Here’s How
Next Article A Congress full of pro-Bitcoin legislators awaits Trump A Congress full of pro-Bitcoin legislators awaits Trump
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -

Popular News

SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
An editorial collage of a Solana-marked technical binder, two test assemblies, a straightedge and draft and 1072 scraps.
Solana developers propose major overhaul to address hidden risk that could disrupt its network
Cyan editorial collage of a Bitcoin-marked train beside factory turnstiles and 08:00 UTC and 13:30 UTC payrolls schedules.
Bitcoin traders face Friday’s $2.7 billion options expiry with a dangerous five-hour blind spot
Vermilion editorial collage of Wall Street tower dominoes tipping toward a concrete slab engraved with Bitcoin’s symbol.
Bitcoin crashes below $76,000 as AI bubble fears wipe $2.5 trillion from Wall Street
An editorial collage of a man exhaling, a Bitcoin-embroidered collar, a polling booth, gold bars and an empty doorway.
Bitcoin and gold surge after US elections, but $378 million short squeeze casts doubt on debasement trade
- Advertisement -

You Might Also Like

XRP Long Abandoned by Gigantic Whale. Here's Why
Altcoins

XRP Long Abandoned by Gigantic Whale. Here’s Why

May 18, 2025
image
Altcoins

Ripple Exec Explains How RLUSD Scales Across Chains

January 28, 2026
Shiba Inu (SHIB) Whales Disappear
Altcoins

Shiba Inu (SHIB) Whales Disappear

December 24, 2024
DeepBook token soared after airdrop, but gains could be brief
Altcoins

DeepBook token soared after airdrop, but gains could be brief

October 21, 2024
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

4 Experts Reveal If It’s Time to Buy or Dump Your Ripple (XRP)
Ripple CTO Emeritus Shares Candid Truth about XRP and Crypto Market
SecuX Wallet Adds USDC Support to XDC Network at Exclusive Hardware Discount

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: TRUMP is much more than a memecoin
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?