One picture to help you understand Trump's cryptographic map

This article is machine translated
Show original
Here is the English translation of the text, with the specified terms preserved and not translated:
Since the Trump team issued $TRUMP on the Solana chain, the price of $SOL has risen by 40%. The SOL/ETH trading pair may set a new all-time high.

Author:Layergg

Compiled by: TechFlow

The relationship graph between Trump and cryptocurrencies.

In just one day, the market cap of $TRUMP has surpassed $14 billion, ranking it among the top 20 by market cap and surpassing $DOGE in fully diluted valuation (FDV). Currently, it has successfully listed on major CEX/PERP platforms such as Binance and Coinbase.

Currently, the focus is likely to be on tokens related to Trump.

1. Tokens directly related to Trump

  • $TRUMP: The controversy over its authenticity is ongoing, but if it is real, it is likely to become the most prominent meme coin of this cycle.

  • Eric Trump: Trump's younger son, Eric Trump, revealed that he holds $BTC, $ETH, $SOL and $SUI.

  • $WLFI: There is an opinion that Trump is only an advertising spokesperson and is not directly involved in the project. However, investors who are unsatisfied with $TRUMP may turn to $WLFI due to fear of missing out (FOMO). Its on-chain investment portfolio has attracted widespread attention due to the Trump theme. After the release of $WLFI, $ENA and other projects related to $WLFI may become market favorites.

2. D.O.G.E Ecosystem

  • Elon Musk: No need to elaborate.

    • $DOGE

    • $D.O.G.E

  • Howard Lutnick owns a 5% stake in Tether, and his company Cantor Fitzgerald is the asset manager for the project.

3. Solana Ecosystem

  • Since the Trump team issued $TRUMP on the Solana chain, the price of $SOL has risen by 40%. The SOL/ETH trading pair may set a new all-time high.

  • The possibility of a $SOL ETF launch in 2025 is also gradually approaching.

  • $SOL Ecosystem: With the collaboration between the Trump team and Meteora and Jupiter, future meme coins may follow this path.

    • $JUP

    • $MET

  • Another meme coin (celebrity) cycle based on Solana may be about to begin.

    • $RAY

4. SEC

  • Paul Atkins has been appointed to replace Gary Gensler as SEC chairman.

  • He has served as an advisor to $RSR for many years and recently joined the advisory board of Securitize, which has deep connections with $ONDO.

  • Trump recently mentioned that he may suspend existing SEC lawsuits against cryptocurrencies.

  • Cryptocurrencies with litigation disputes or those who have received Wells notices from the SEC may attract attention.

5. U.S Coin

  • Trump has recently expressed a positive attitude towards the idea of creating a cryptocurrency as a strategic reserve for the United States.

  • Typical examples are $XRP and $SOL, but there are many other US-based cryptocurrencies. See the following link: https://www.coincarp.com/project/?area=usa

6. Celebrity Coin Rush

  • Elon Musk may launch $ELON or $MUSK for entertainment purposes.

  • The meme narrative is experiencing a rotation from 'dog→cat→animal→AI→celebrity'.

7. VCs

  • a16z: Sriram Krishnan, a former a16z member, has been appointed as a senior policy advisor to the White House. Brian Quintenz, nominated as CFTC chairman, is the crypto policy lead at a16z. a16z has a large crypto investment portfolio.

  • Craft Ventures: David Sacks, who has been appointed as the White House's crypto affairs commissioner, leads Craft Ventures.

    • $DYDX

    • $HONEY

  • Kraken Ventures: Another CFTC chairman nominee, Marco Santori, previously served as Kraken's chief legal officer.

    • $MORPHO

    • $PUFFER

    • $USUAL

    • $PSTAKE

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
9
Add to Favorites
27
Comments