politics

Three days before the inauguration, Trump has launched a memecoin that has since risen more than 10,000%

He did so after inviting the Crypto Industry to a black tie event in DC

Here’s my theory on $TRUMP, which is almost diabolical, but totally something Trump is capable of 🧵

First, the backstory: Trump is coming into office following an intensely anti-crypto administration

Trump’s inner circle has used crypto personally to make millions in short order

He’s launched multiple NFT collections over the last few years using a company called CIC Digital

Award-winning Host of @Coinage covering crypto for a mainstream audience | Fmr. YahooFinance Anchor & Harvard Econ Grad | Co-Own Coinage with me 🫡

The crypto industry is desperate for change. Companies donated HEAVILY to the Trump campaign 

In fact, the crypto industry do rates more money to campaigns this year than basically any other industry in the US

So, fitting that an invite-only Crypto celebration might come about

But right when this party is raging and attended by everyone in the Trump circle, Trump launches the $TRUMP memecoin

It immediately explodes to $15 billion

From sources there, it sounds like no advance mention was made. No one was told about it

Imagine the mind F— 

This ball was the invite of all invites in crypto. To be there would have you feeling like you made it — like you’re in Trump’s inner circle

Only for him to turn around and launch the fastest-ever memecoin to hit $15 B 

And you didn’t know about it

Literally Snoop Dogg was there
Trump’s pick for Treasury Secretary
Speaker Johnson
Vivek
Don Jr.

And all these crypto industry execs. Packed in a room to kiss the ring. 
And they aren’t even on the inside.

The end result: The biggest power play you’ve ever seen

Trump has now shown the entire crypto world what he can do without them

All while they were together in the most exclusive room — somehow still on the outside

It shows everyone that the only inner circle that matters in crypto now is his inner circle

Think about that.

This is all happening while the Trumps are also building their DeFi project World Liberty

The platform is picking and choosing which cryptos will be winners and losers as we speak, and they can front-run as much as they want and absolutely print cash

This is all happening while the Trumps are also building their DeFi project World Liberty

The platform is picking and choosing which cryptos will be winners and losers as we speak, and they can front-run as much as they want and absolutely print cash

https://www.youtube.com/watch?v=VhLYuQtfhFg

I’m not saying Trump just used everyone in crypto by throwing a black tie event in DC while simultaneously launching a memecoin without them, but that’s exactly what he did

This industry is his industry now, whether they are aware of it or not

Frankly, that’s sad

I’m not saying Trump just used everyone in crypto by throwing a black tie event in DC while simultaneously launching a memecoin without them, but that’s exactly what he did

This industry is his industry now, whether they are aware of it or not

Frankly, that’s sad
https://x.com/zGuz/status/1880095169904820480

I’d bet money that the theory is at least notionally correct. 

There’s also a high likelihood there were crypto industry veterans there who were aware and traded it via anon wallets. 

Either way, yes, it’s a huge power play / signal to industry power brokers.