Reach $30 billion in 300 seconds

On the morning of January 18, Beijing time, Trump's social media account launched a personal MEME coin TRUMP.

However, 12 hours later, GMGN market data showed that the "Trump MEME Coin" TRUMP had a market value of $30 billion, surpassing PEPE to become the third largest MEME coin by market value, and also exceeding the market value of Trump's media technology stock DJT.

Multiple informed sources revealed that President-elect Trump plans to use his executive power in the first few days of his term to ease the regulatory burden faced by cryptocurrency companies and promote the adoption of digital assets.

In the future, President-elect Trump will plan to issue an executive order after taking office, listing cryptocurrencies as a national priority and establishing a cryptocurrency advisory council within the government to speak for the industry. Sources said the order is aimed at guiding government agencies to cooperate with the cryptocurrency industry and reflect its strategic importance. In addition, Trump's team is also discussing stopping federal-level lawsuits against cryptocurrencies to promote the development of the industry.

Furthermore, Trump is "open-minded" about establishing a strategic reserve that includes digital currencies created by the United States.

While many in the cryptocurrency community are cheering for the executive order supporting cryptocurrencies that Trump is about to issue, one proposal has sparked more controversy: the establishment of a "America First" strategic reserve that will prioritize digital currencies created by the United States, such as Solana, USD Coin and Ripple. In recent weeks, Trump has met with the founders of these digital currencies, and sources say he is open to this proposal.

Previously, as Trump's inauguration approached, cryptocurrency industry executives were vying for access to Trump himself and seats on the planned cryptocurrency advisory council.

As of the time of writing, according to data provided by Dune, the following data on TRUMP:

TRUMP Token

The TRUMP token image is derived from a photo taken on July 13, 2024, when Trump was assassinated and defiantly raised his fists, shouting the iconic battle cry "FIGHT".

GetTrumpMemes.com website states that Trump Memes aims to express support and participation in the ideals and beliefs embodied by the "TRUMP" symbol and related artworks, and is not intended to be an investment opportunity, investment contract or the subject of any type of security.

Currently, it has been launched on Moonshot, supporting traditional payment methods such as Apple Pay, Visa, Mastercard, and Venmo.

As of the time of writing, the total retail inflow on Moonshot has exceeded $170,000.

In addition, its official website also states, "On July 13, 2024, President Trump faced death, but he bravely stood up! He waved his fists and shouted the iconic battle cry "Fight, fight, fight," showing the true character of a leader.

His strength and courage ignited a movement, becoming the most memorable meme of the century.

Now you can understand your own history. This Trump meme celebrates a leader who will never back down no matter the circumstances. Join the Trump community - we are all fighting for what matters.

It is worth noting that Trump Group's subsidiaries CIC Digital LLC and Fight Fight Fight LLC jointly own 80% of TRUMP, but are subject to a 3-year unlocking plan. The owners of Fight Fight Fight LLC, CIC Digital LLC and Celebration Cards LLC, will receive the transaction revenue generated by TRUMP trading activity.

Kara Calvert, Vice President of US Policy at Coinbase Global Inc., said: "I think what Trump is going to do is signal that America is back, and we're ready to lead the charge in this industry, and that's a signal to other countries: be careful, or you'll be left behind."

Andrei Grachev, a partner at DWF Labs, tweeted that Trump is doing the best marketing for the cryptocurrency market.

Greeks.live stated that the market is maintaining strong momentum before Trump's inauguration. Traders are cautious about selling call options, generally believing that trying to go against the trend could be more dangerous. Some traders have noticed the possibility of overheating, but believe the market is unlikely to see a significant correction before the end of the inauguration.

Looking to the Future

Looking to the future, with President Trump about to take office and plan to issue an executive order supporting cryptocurrencies, the prospects for the Web3 market will be even broader.

By easing the regulatory burden on cryptocurrency companies and promoting the adoption of digital assets, the TRUMP MEME coin is expected to gain more recognition and support globally.

In addition, the establishment of an "America First" strategic reserve will further consolidate the United States' leadership in the digital currency field.

In the future, the TRUMP MEME coin will not only become an important member of the cryptocurrency market, but will also lead a new financial revolution and drive the development of the global digital economy. Let's wait and see and witness this historic moment.