US President Donald Trump The memecoin named TRUMP, launched by TRUMP, made a rapid entry into the market. Memecoin, which broke a record with a market value of $ 13 billion, made a big impact in less than a week. However, Trump made a contradictory statement by explaining that he had limited information about these developments.
Trump: I Heard He Was Very Successful
“I don’t know much about it, I just know that I started it,” Trump told reporters about the TRUMP coin. With this, memecoin When it was stated that it had brought in several billion dollars, he said, “A few billion? “This is a small figure for some of the names here,” he replied humorously.
Trump, OpenAI CEO, who was in the room at this time Sam AltmanPresident of Oracle Larry Ellison and SoftBank CEO Masayoshi SonHe pointed to .
Trump Family’s Cryptocurrency Initiatives
Although the market value of TRUMP coin rose rapidly in the first days, it is currently traded at around $8 billion. However, there was also a development that overshadowed this success. first lady Melania Trumpissuing its own memecoin caused fluctuations in the markets. It is estimated that the supply of these two memecoins is largely concentrated in circles close to the Trump family.
Trump’s cryptocurrencyThe political repercussions of his interest in these issues also attract attention. President Trump plans to treat cryptocurrencies as a national policy priority. Moreover David SacksIt is rumored that he will appoint as “crypto czar”. However, these initiatives are criticized by some circles. Analysts say that the steps taken in this direction are crypto money marketHe thinks it could complicate regulatory efforts.
TRUMP memecoin So far it has been listed on major cryptocurrency exchanges such as Coinbase and Robinhood. Currently, the price of the coin is trading at $42 with an increase of 8.72 percent in the last 24 hours. The success of Trump’s memecoin is expected to open up discussion about the place of cryptocurrencies in the financial system.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
