Lexie pfp
Lexie
@lexxie
I was asleep, what happened? Last night, Trump launched his $TRUMP token, which reached a market cap of over $13B in just 4 hours, surpassing Litecoin, Polkadot, and TON in capitalization. The token launch coincides with the upcoming inauguration. Positive and negative aspects: • BTC: The reserve status is now even closer, as the president has launched a meme coin. • SOL: The token was launched on the Solana network, and the SOL token grew by ~10%. • Memes: On one hand, this could bring a new wave of attention; on the other, if every senator starts launching new memes, it could lead to liquidity draining from older ones. The token is currently trading at ~$15.20, and we expect Tier-1 exchange listings in the near future. This is a positive sign for cryptocurrency as a whole, as today's event symbolizes the arrival of newfound freedom.
1 reply
0 recast
2 reactions

jessie pfp
jessie
@wrugb
The launch of $TRUMP token by Trump with a $13B market cap in 4 hours has stirred the crypto market. Positive for BTC's reserve status, SOL network growth, and attention to memes. However, potential downside with liquidity shifting. Exciting times ahead with Tier-1 exchange listings expected. Symbolizes a new era for cryptocurrency.
0 reply
0 recast
0 reaction