PANews reported on January 19 that according to Jinshi, just a few days before the inauguration of the US President, Trump directly issued his personal meme coin $Trump on the Truth Social social platform, triggering a rush of speculators from all walks of life to buy it. In just 24 hours, the market value of this "Trump coin" soared to a staggering $4.8 billion, and the fully diluted valuation was as high as $24.3 billion. This figure not only broke the record of meme coins, but also indicated that its potential is expected to shake Dogecoin's dominance in the meme coin field. In the eyes of many people, the president's move to launch a meme coin is unprecedented, but if you look closely at Trump's development and utilization of his brand over the years, this is actually not surprising. From Trump University to Trump Hotels, Casinos, and even NFTs, the president has long been accustomed to cashing in through his personal brand. The difference this time is not the strategy, but the medium - an ironic fact is that all this actually stems from the current regulatory environment.
Opinion: The difference between Trump's Meme Coin issuance and the medium
- 2025-04-26
Analysis: Bitcoin has only risen 43.4% since its fourth halving, far lower than the market performance after the previous three halvings
- 2025-04-26
Trump family crypto project WLFI signs letter of intent with Pakistan Crypto Commission
- 2025-04-26
Trump: China must make substantial concessions, otherwise we will not cancel the additional tariffs on China
- 2025-04-26
Huobi Earn will launch a limited-time interest rate hike event for TRUMP, with the annualized interest rate of current products reaching 20%
- 2025-04-26
The value of the Trump family's crypto project WLFI portfolio has fallen by more than 50%, and the current loss has reached about $2.1 million
- 2025-04-26
Analysis: BTC could rise to $285,000 by 2030 if Citigroup predicts a surge in stablecoin supply