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Meme Magic and the Gamble Economy: Trump’s $TRUMP Coin—Scam or the Biggest Pump in History? Following the advice of my friend @jhv to cast more, here’s my take on today’s chaos: 👇🏼👇🏼👇🏼
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1/ 🚨 The Fact: On January 17, 2025, the official account of President Trump announced the launch of $TRUMP ATM, the market cap hit $5.7 billion.💰 X was spread within the hype and who thought it was a scam.
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2/ Trump confirmed $TRUMP with a retwit. This could be one of the most brilliant moves in meme coin history. Trump has not only created a way to become even richer, but also positioned himself as the ultimate meme icon—the guy who lets us have "fun." 🎉
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3/ Who’s behind this? @Gengaremon on X suggests that insiders like @icebagz_ founder of Kanpai Pandas may have played a role, leveraging Trump’s branding. For sure Jupiter Exchange helped in the launch. The token was released during DC Crypto Ball. A viral video of Nick O'Neill on X catches the vibes.
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4/ Regardless of what happens, @PenguinWeb3 on X nailed the deeper truth: "$TRUMP isn’t just a token. It’s a mirror of the meme economy—belief, chaos, and opportunity. The true game isn’t money; it’s control over attention."
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5/ Why do humans gamble? Why do we see meaning in randomness? 🎲🤔 Marie-Louise von Franz, a legendary Jungian psychologist, explored these questions, revealing how numbers connect us to something greater. For her, counting wasn’t just math—it was magic. ✨
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6/ Von Franz wrote: "The gods alone knew how to count, for to count is to impose order on chaos." ⚖️ In ancient thought, numbers symbolized divine power. Meme coins like $TRUMP tap into this primal instinct, creating an illusion of order amidst chaos. 🔮
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7/ The connection between gambling and modern finance runs deep. 🎲 In 1654, Blaise Pascal and Pierre de Fermat solved a gambling problem, giving birth to probability theory—the foundation of market risk models today. The casino table 🃏 became the lab of Wall Street. 🏦
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8/ Fast forward: Meme coins like $TRUMP mimic gambling. 💡 Day trading? Roulette. 💻 Crypto? Digital poker. 🐕 Meme coins? High-stakes randomness. Sounds like gambling? Well, it is. 🎰
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9/ As Von Franz observed: "The gambler trusts not numbers, but the mysterious force behind them." ✨ $TRUMP reflects this psychology. Investors aren’t betting on fundamentals—they’re betting on faith, community, and luck. 🍀
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10/ $TRUMP could redefine meme coins as social events. 🤝 It might rally Trump’s base into a movement, making $TRUMP more than a financial asset—a cultural symbol. 🟠
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11/ The Philosophy of Memeism: Meme coins like $TRUMP embody what I explored in my Memeism Manifesto here on Warpcast: shorturl.at/4Qrqm Memes aren’t just jokes—they’re forces of collective belief that can shape culture, politics, and even financial systems. 🌌
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12/ Here’s the kicker: Trump has found a way to blend wealth and cultural power. By turning $TRUMP into the ultimate meme coin, he cements his place not just in politics, but in the history of meme-driven markets. He becomes the symbol of "let us have fun." 🎉
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13/ As a wise Chairman in Taiwan’s semiconductor industry once said: "You cannot prevent evil from entering AI." The same is true for crypto: chaos and manipulation are features, not bugs. $TRUMP proves how unpredictable and speculative this space can be. 🔄
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