It is a fact that great things are often built from extremely difficult beginnings. For example: BTC, DOGE, ... but once they have gone through all those challenges, it will grow in an unimaginable way.$BAKKT is different from the rest of the meme coins, let's wait and see in 1 or 2 years, no one will remember PNUT anymore, but BAKKT will always be mentioned, at least in the next 4 years when Trump is in office.If Trump and his allies do well in these 4 years, it will go even further, as part of Trump's crypto empire, where his descendants will inherit and continue to develop.
The Trump family is planning a blueprint for a crypto empire. Trump’s Crypto Project Is Buying Niche Tokens Worth Millions of Dollars, World Liberty Financial will serve as a value investment entity to attract users, and BAKKT, which has a national crypto operating license, will serve users as infrastructure in future.We are witnessing the rise of another crypto trading giant. If it can reach the level of a first-class exchange, $BAKKT has the potential to grow 10,000 times from its current million-dollar MC.
1. Brand new narratives:
BAKKT: The Rise of the First Trump Concept CoinSince Trump's victory in the 2024 election, the cryptocurrency market has experienced significant fluctuations and new opportunities. Among them, $BAKKT has become a focal point in the market due to its close association with Trump, earning it the moniker "Trump Concept Coin." This is also the first time in history that the concept of President Trump + famous brands has appeared. At the same time, BAKKT has become an important driving force for the movement of the cryptocurrency industry. Remember that BTC recently broke through 100,000 US dollars, and BAKKT was an important driving force for this movement.
Background of BAKKT is a company under the Intercontinental Exchange (ICE), established in 2018, initially renowned for providing trading and custody services for digital assets. BAKKT aims to offer a secure, regulated platform for institutions and consumers to buy, sell, and store cryptocurrencies. However, recent developments suggest that BAKKT is becoming part of Trump's strategy in the cryptocurrency market.Trump's Connection with BAKKTTrump Media & Technology Group (TMTG): Shortly after Trump's election win, the market heard rumors that Trump's social media company, TMTG, was in deep negotiations to acquire BAKKT. This news led to a significant surge in BAKKT's stock price, reflecting investors' optimism about the cryptocurrency policies Trump might push. Trump promised to retain 53% of TMTG's shares, further solidifying his influence in the cryptocurrency market.
On December 12, 2024, Time magazine announced that US President-elect Trump would be its Person of the Year, triggering a further rise in related cryptocurrencies. Later, when asked about the "strategic reserve of crypto assets" at the New York Stock Exchange, Trump said that "some great things will be done in the field of cryptocurrencies."
Trump's Event at the New York Stock ExchangeIn a series of attention-grabbing actions, Trump, as the president-elect, rang the opening bell at the New York Stock Exchange (NYSE). This was the first time a president-elect had done so since Ronald Reagan. This event not only symbolizes Trump's focus on financial markets but was also set against the backdrop of his announcement to make breakthroughs in the cryptocurrency sector. Also during the ceremony, when interviewed by Jim Cramer, President Trump said that "We are going to do something great with crypto". Trump's bell-ringing event was seen as a vote of confidence and support for BAKKT and similar platforms, boosting the attention and value of BAKKT Coin in the market.The men standing right next to him at the ceremony was Jeffrey Sprecher - the founder and CEO of global stock exchange operator Intercontinental Exchange, also known as ICE. ICE owns the New York Stock Exchange (NYSE) and BAKKT,Back in March, when $DJT Trump Media Stock IPO’d on NASDAQ, Trump expressed an interest & desire in moving DJT Trump Media over to the NYSE.
Why BAKKT??Many people will ask, why did Trump choose BAKKT, not other exchanges? Will this acquisition really succeed?I think before answering these questions, we should first understand what Trump wants to do. Trump wants to use cryptocurrency as a strategic reserve for the United States, and also wants to build a cryptocurrency version of the NYSE. There is no other choice except BAKKT, only BAKKT has this gene. Because BAKKT is controlled by NYSE, it has very standardized and controllable risk management experience and mechanisms. This is very important. Trump first needs an exchange that is highly controllable and has a high level of risk management, and then operates transparently and launches it to the market, so that BAKKT becomes NYSE, and investors and good projects from all over the world will flock to it. It will even soon replace the current positions of Binance and Coinbase.
This is the first time that the industry has welcomed a US president who is so supportive of cryptocurrencies. What cryptocurrency targets are related to him? Do these Trump targets still have room for growth before taking office in January?
2. Highlights:
Stage One: From before the acquisition to the announcement of the acquisition event:
News related to the progress of the acquisition will pump $BAKKT.
When Bakkt's stock price surges, it will also pump $BAKKT.
Some actions related to Bakkt by other well-known enterprises or celebrities before the acquisition will pump $BAKKT. For example, shortly after the news that Bakkt might be acquired was announced, the Bitcoin financial services company Swan Bitcoin announced that it was transferring all its business to Bakkt. And this will surely form a trend, and more cryptocurrency business enterprises will cooperate with Bakkt. After all, everyone wants to enjoy the dividends of the cryptocurrency bull market with Trump.
When the news of the successful acquisition is disclosed, it will bring $BAKKT to its first milestone height.
Stage Two: The early stage after the acquisition. Some high-probability events are likely to occur:
Launch more cryptocurrency financial products, such as enabling the trading functions of products like ETH/SOL/DOGE, etc., in the early stage after the acquisition.
Elon Musk is appointed as an advisor to Bakkt or takes on a certain position, which will help Bakkt improve its business situation. By then, with the joint support of the world's top capital and the world's top powerful figure, Bakkt will have a bright future. Perhaps Bakkt's stock price will become the Tesla of the cryptocurrency industry?
Elon Musk has previously said that he will support the use of cryptocurrency payment functions on the X platform. This seems to be able to be combined with Truthfi. However, relatively speaking, it may also integrate Bakkt's trading function into the X platform, which will form a powerful combination.
Whenever cryptocurrency-related policies are introduced, it will pump $BAKKT, because it will benefit the operation of Bakkt as a company. At least during Trump's four-year term, Bakkt will be the darling of the cryptocurrency industry.
Well-known enterprises, celebrities, and capital parties can choose many exchanges for trading or cooperation. So why not choose Bakkt, which has been acquired by Trump? In this way, they can also show their support for Trump. Why not do it?
Other highlights:
If you missed the growth of Bakkt's stock price, then choosing to buy $BAKKT will be another option for you to enjoy the dividends of the establishment and growth of Trump's cryptocurrency business empire. Friends who missed the opportunity to invest in Bakkt stocks can choose to buy $BAKKT. It will be a Fair Launch investment target that allows you to enjoy Bakkt's dividends without the risk of being dumped by VCs.
The BAKKT community is very resilient. All of our community members come from all over the world, and we jokingly call it the "Sun Never Sets Community". Despite a 90% decline and the rug pull by the previous community creator, we have 20,000 holders who firmly believe in it. We quickly formed our own CTO team and quickly launched activities. Currently, we have already achieved many phased progresses.
Rebuild the community and media accounts, as well as the official website.
Launch the BAKKT development RoadMap.
3. RoadMap:
① Transform BAKKT into a more advanced AI MEME:
Create a BAKKT AI Agent. It is recommended to use the ELIZA framework of ai16z. Or use Virtuals or Simulacrum to achieve it.
This AI Agent will be a cartoon image of Trump with the word "BAKKT" in the background . The functions and features of this AI Agent are: Its wording and language usage style conform to Trump's style. Its main function is that whenever anyone @ our official account on Twitter, it will automatically reply with content related to cryptocurrency investment, or information about Bakkt company, interpretation of cryptocurrency policies, etc.
② Create a burning and recycling mechanism for $BAKKT to enable deflation for $BAKKT. The tokens for burning and recycling can be considered to be recycled through the interaction with the AI Agent. Half of the recycled tokens will be burned, and the other half will be put into a treasury fund pool for incentives for some activities or airdrops.
③ Create the $BAKKT DAO for voting on how to use funds, such as investing in more Trump-related targets, or using part of the funds for organizing airdrop activities or participating in large-scale exhibition activities. Users can even encourage the AI to conduct purchase operations through conversations with the AI Agent.
④ When there is more sufficient treasury funds (in the later stage), we can try to use part of the treasury funds to purchase BTC, thus realizing a micro-strategy of obtaining cash by selling stocks, using the cash to purchase BTC, thereby driving up the stock price, and then being able to sell more cash and buy more BTC, forming a virtuous cycle and becoming an on-chain micro-strategy.
In this way, our narrative will cover the complete narrative of Bakkt company + Trump + Elon Musk (possibly) + AI + DAO + deflation. And it will no longer be just a MEME that has no follow-up after the acquisition announcement.
$BAKKT OFFICIAL LINKS:
CA: Hz4CJCpZky4YD75Zs2R2nBjP5wY6tYbraaT2hVZCpump (SOLANA chain)
X/TWITTER:http://x.com/BAKKT_Solana
TELEGRAM: EN:http://t.me/BakktSolana CN:http://t.me/BakktSolanaCN
WEBSITE: https://bakkt.wtf
LISTED ON GATE IO:https://gate.io/pilot/solana/bakkt-bakkt…
LISTED ON MEXC:https://mexc.com/exchange/bakkt_USDT…
ASSETS COINGECKO:https://coingecko.com/en/coins/bakkt
ASSETS FORBES:https://forbes.com/digital-assets/assets/bakkt-bakkt/…
COINMARKETCAP:https://coinmarketcap.com/dexscan/solana/3c3KVbgpS3jorxUXHWaBZg4KSm6sC7T4V4wZUNrqhgUU/
DEXSCREENER:https://dexscreener.com/solana/3c3KVbgpS3jorxUXHWaBZg4KSm6sC7T4V4wZUNrqhgUU
GMGN:https://gmgn.ai/sol/token/Hz4CJCpZky4YD75Zs2R2nBjP5wY6tYbraaT2hVZCpump
OKX:https://www.okx.com/web3/dex-market/detail/501/Hz4CJCpZky4YD75Zs2R2nBjP5wY6tYbraaT2hVZCpump