- Within 60 hours of its establishment, the microbe has increased by more than 300 % and reached FDV of $ 70 billion.
- Memecoins received 30.67 % of attention in 2024, making it the most popular encryption story.
During the weekend before its inauguration, Memecoin $ Trump associated with President Trump was talking about the crystallized currency world and beyond. Late Friday, Trump revealed Solana -based Mimikoin through his social accounts and account.
the mail Read:
“The new official Mimi Trump is here! It’s time to celebrate everything we offer: win! Join the very private Trump community.”
Within 60 hours of its establishment, Memecoin increased by more than 300 % and reached a fully diluted evaluation (FDV) of $ 70 billion. Although the market has already regained some of its gains after the opening, $ Trump is ranked twenty -ninth Coingecko Measurements have a market value of $ 6.8 billion.
Through the financial market and the gap about the cryptocurrency, this development has caused excitement and criticism. Supporters of this step claim that it is a positive indication of the Trump administration’s commitment to strengthening innovation in the encryption space, while opponents are worried about the lack of clarity of the border between Trump’s personal projects and his position as president.
Of course, both sides have good points, but if you are watching the cryptocurrency scene for a period of time, you are sure to realize that $ Trump revolutionized the Memecoin market. First Lady Melania also revealed Mimikoen, although she did not do so and $ $ Trump. This is the first time in the date that the Maimikoin seat chief has created.
A favorable era for mechanics
Micoins Get 30.67 % of attention in 2024, making it the most popular encryption story. Divide 19 other pieces the remaining interest.
Interest in this market has grown more since the launch of $ Trump; Modern statistics from Chainalysis show that 50 % of buyers are from $ TROMP and $ Melania have never been bought on Solana. In fact, on the day of purchase, 47 % of customers created a portfolio.
Source: Series
Among the reasons is the effect of individuals such as President Trump. More importantly, his administration promised to establish “America’s capital of encryption in the world.” As a SEC chair, Gary Ginsler is already an opportunity to make room for Paul Atkins, enthusiastic for encryption.
In addition, CEO to request The President of the United States will recently encourage the wise expansion of the digital asset sector.
Read part of the request:
“The digital asset industry plays an important role in innovation and economic development in the United States, as well as the leadership of our international nation. Therefore, my administration policy is to support responsible growth, use digital assets, Blockchain technology and relevant technologies in all sectors of the economy.”
The United States is expected to start the process of creating a government regulatory framework to direct developments in the field of digital assets when this request is valid. One of the most important parts discusses the formation of the president’s working group in the digital asset markets, which will be decisive in setting the legal framework and performing other duties, including evaluating the feasibility of building a national digital asset stock.
With memecoins mode in a better position to extract a broader group of investors, these regulations are likely to benefit from the broader cryptocurrency market.
Which Memoines will ride the Trump wave?
Regarding speculative novels, it is very clear that Memecoins, which has gained popularity with some factors “Wow” behind them.
This is the case with Memecoins “mentioned” from Elon Musk, including Doge and LadosAnd $ Trump, who is only one month -old. Since Musk posted a picture of my birth together with the lines, “there is no Mimi. I love you” has increased by more than 9,600 %. Although there is no relationship with the MIDY NFT project, tweet It caused a sharp increase in the value of Ladys.
Some of the examples that are likely to follow Trump’s direction are these mines, but why exactly? First of all, Elon and Trump will play important roles in the next US government; Any procedure they do may raise a series of speculative events. What is the best way to join culture by purchasing “dependent” momentum?
It is also expected that the pioneer Memeco Ventures will flourish well, especially those who have animal or Internet culture topics such as Mog Coin, Popcat and Shiba Inu.
Given that the total value of the cryptocurrency market exceeds the 4 trillion dollars, the maximum of the current MEMECOIN market of $ 115 billion indicates that there is still a large space for development. It is likely to reduce the bias against the Mimwins now after Trump is in office, attracting a great deal of funding from other cryptocurrencies that have less attention.
conclusion
Since Elon Musk began making jokes around Doge, Memecoin has greatly advanced. Musk is not the only one that affects the fluctuations of mechanical prices these days; President Trump and other powerful individuals adopt this trend.
This precedent will pave the way for the next wave of Memecoins, where personal sects will be used to generate financial gains through the Memecoin market in addition to its social value.
It will be great to see how important Mimokinat such as Sheba Eino, Doug, Ladis, Bibi, and Trump to respond to the upcoming legislative changes in the United States. Will they be the greatest rewards? It will tell time, but based on the current trends, the Memecoin sector is expected to witness significant growth during the second period of Trump.
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