Trump Broke Crypto [Get Ready For Insanity]

Lark Davis

Introduction to Trump Coin and Melania Coin

  • Donald Trump launched his own meme coin, which has gained significant attention and value.
  • The coin's value increased from $0.46 to $55.20, with a fully diluted value of $56 billion and a market capitalization of $10 billion.
  • 80% of the supply is still to be released, starting in three months as part of a three-year investing plan.

Market and Crypto Overview

  • Melania coin was also launched, with a fully diluted valuation of $11 billion and a market capitalization of $1.65 billion.
  • The launch of these coins is expected to bring more attention and investment to the crypto market.
  • Other coins, such as Solana, are also performing well, with some expecting it to reach $500.

Effect on the Crypto Market

  • The launch of Trump coin and Melania coin is seen as a validation of blockchain technology and its potential for widespread adoption.
  • It is expected to lead to more companies and individuals launching their own coins, potentially creating a new wave of investment and innovation in the crypto space.
  • The current market cycle is expected to continue, with some predicting a $10 trillion market capitalization for crypto.

Specific Coins and Their Prospects

  • Solana is seen as a strong performer, with a potential to outperform Ethereum.
  • Ethereum's upgrade to Pectra in March is expected to improve its performance.
  • Other coins, such as Doge, are also expected to perform well, with some predicting a $10 billion market capitalization.
  • The launch of an AVAX ETF is expected to bring more investment and attention to the AVAX ecosystem.

Investment and Trading

  • Investment in crypto is considered high-risk, but potentially high-reward.
  • Some investors are looking to diversify their portfolios by investing in different coins and projects.
  • Trading volumes and prices are expected to be volatile, with some coins potentially experiencing significant price increases or decreases.

Regulation and Mainstream Adoption

  • The launch of Trump coin and Melania coin is seen as a turning point for crypto, with more mainstream attention and adoption expected.
  • Regulatory Environment is expected to change with Trump's presidency, potentially leading to more favorable conditions for crypto.
  • Some predict that this will lead to a new wave of investment and innovation in the crypto space, with more companies and individuals launching their own coins and projects.