$ Trump: Donald Trump starts its cryptocurrency, returns to this madness madness for crypto

This is not new: between Donald Trump and cryptocurrencies, it is a love story associated with the story of a financial opportunity. The new President of the United States, who said he was not a fan of Bitcoins and cryptocurrencies in 2019, returned a jacket in recent years. During the election campaign, he even made his work horses to get some voices with bitcoin lovers.

A few days before his inauguration, Donald Trump finally decided to take the upper step: to start his own cryptocurrency, the same named $ Trump.

Donald Trump launches the Krypto Trump market

It all started on 18 January at 3:00. French time, to the account of the new US President. Donald Trump in a brief tweet accompanied by a picture representing a raised fist formalized the output of his own electronic motto into his community:

“My new official Meme Trump is here!” It’s time to celebrate everything we represent: victory! Join my very special Trump community. Get your $ TRUMF right away. »»

Internet users initially believed in hacking an account, which would not be surprising in terms of previous cases of this type. In fact, celebrities are diverted from time to time to direct the public to dubious cryptocurrencies. It wasn’t here: Donald Trump really launched his same just before his inauguration, organized by January 20, 2025.

Specifically, what is $ Trump?

First reminder. The same is a cryptocurrency that has no value in itself, except that it is speculative. These “casinos” tokens are generally virtual active ingredients supported by phenomenon, current or the same, and sometimes they manage to create a monster of madness despite their funny aspect and the absence of real usefulness, such as dogecoin (DOGE).

They also have a peculiarity that they are easy to create and generally use existing blockchain – in the case of $ Trump it is Solana. It is a cryptocurrency that is similar to the ecosystem and allows you to create non -functionable chips (NFT) or the same.

In this case, the Donald Trump teams probably took a few minutes to create a token on a sole name $ Trump. They defined their token by setting the maximum quantity, the amount available directly on the market and its distribution between the public and the creators. Then they played the website called Gettrumpme.com to direct the X (Ex-Twitter) community to the sole contract.

Very profitable maneuver for Donald Trump

The clocks that followed proved to be crazy as predicted. The same exploded up. In just two days, $ Trump reached a capitalization of $ 11 billion for a net market value of EUR 56 per token.

If you want to give you an idea of ​​what it represents: it is currently simply 18ᵉ greater cryptocurrency on the market. This event even visibly provided little support for crypto market as a whole, including Bitcoins, which today develops over EUR 100,000 per unit.

Where ethical questions arise, Donald Trump has 85 % liquidity. With such a large amount, however, can dip the price. The community, IT, surfs on the rise, but in a simple finger blow, the US President can reduce the value of the crypt by issuing an important sale order. Nothing holds him not to do it – if he was not charged with an initiative offense.

Trump probably did not expect to take advantage of it for a long time. One of the addresses associated with the project would sell the equivalent of approximately $ 500 million in tokens, the same day, which would cause a stunning profit of its operations NFT 2023-2024, which has already brought millions. In addition to direct sales, the Trump clan imposed tens of millions of dollars only at transaction costs.

Excess with $ melaniacomme

As if that was not enough, his wife Donald Trump Melanius was also entitled to his same thing to make more money. Announced in account x First Lady, $ Melania lost a little more crypto sphere with the same diagram: Solan address, small website, token, questions, etc.

The operation was profitable because the token is now worth 10 € per unit and is placed on 70 ° Cryptocurrencies, for an valuation of almost 2 billion euros at the time of writing this article.

When it was launched, $ melania even threw $ Trump, which increased from $ 73 to $ 38 before it increased. But the saga $ Trump may not end there: you can expect a similar start of her sons.

The same fever

All of this challenges the “highest” potential of bitcoins and cryptocurrencies, especially because $ Trump is not the only one to do. $ Fartcoin, which is literally a cryptocurrency of flatulence, also has the wind in its sails with the current capitalization greater than EUR 2 billion.

This origin of the same questions. These chips are extremely simple and have no internal value. They often create important multiplier (both up and down), which have all air on paper casino for institutional investors. Jo-yo is far from healthy.

Above all, these virtual currencies based on memes aspire to liquidity with large marketing and crowds on social networks, which today represent 112 billion – which sometimes shades of more serious projects.

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