On January 18, Donald Trump shocked the world by launching his own token, $TRUMP, catapulting the entire crypto market into the global spotlight. The token’s market cap soared by over $10 billion in a single day, absorbing liquidity across the market, leaving countless tokens in the red. As the initial FOMO subsides, Bitcoin has made a strong comeback, breaking past $109,000 to hit a new all-time high just before Trump's inauguration. The big question now is whether Trump will deliver on his promises to the crypto industry.