TRUMP BOUGHT THESE ALTCOINS!!!!!!! [Get Ready]
The Moon Show
Introduction to the Show
The discussion focuses on the tokens purchased by World Liberty Financial, a subsidiary of one of Trump's companies, and the state of the alt-coin market, particularly Bitcoin, after Trump's inauguration.
Bitcoin and Altcoins
- Bitcoin Volatility: Bitcoin reached a new all-time high but then dropped due to max leverage positions on Binance from people expecting Trump to mention Bitcoin or "Trump coin" during his inauguration.
- World Liberty Financial's Purchases: The company announced strategic purchases of altcoins like Ethereum, W Bitcoin, Ave, Link, TRX, and ENA, but none saw a significant push to the upside.
- Lack of Crypto Regulation Mention: Despite promises, there was no mention of Bitcoin or cryptocurrency regulation in Trump's initial day-one agenda, worrying investors.
Trump Coins
- Launch and Performance: Trump and Melania launched their own coins, which have seen significant drops in value (57% and 27% in 24 hours).
- Tokenomics and Criticism: Criticized for their tokenomics, with Trump owning 82% of his coin, which he can sell during his presidency, raising concerns about profit from his presidency.
Altura
- Introduction: Altura aims to make it easy for game developers to integrate Web3 into their games without needing extensive knowledge of crypto development.
- AI Gaming Toolkit: Recently announced, this toolkit includes features like an AI image generator, MPC engine for immersive experiences, and a play wallet for secure, AI-managed transactions.
- Expansion and Listings: Altura is expanding to Solana and has been listed on several top exchanges, including a recent listing on KuCoin.
- Use Cases and Utility: Holding Altura tokens provides discounts on the marketplace and participation in the gaming grant fund, with plans to expand utility.
Crypto Gaming and Future
- Potential for Growth: The guests believe crypto gaming will see significant growth, possibly within the next few months, as part of the altcoin season.
- Solana and Gaming: Solana's popularity, especially with meme coins, makes it a promising platform for gaming, though the choice of blockchain depends on the game's community.
Conclusion and Final Thoughts
- Euphoria Comparison: The current market euphoria is not as high as in 2021, suggesting room for further growth.
- Humanization of Elites: The launch of Trump coins and similar actions might be a way for elites to appear more human and connected to the public.
- Michael Saylor's Bitcoin Purchase: Saylor bought $1.1 billion more in Bitcoin, showing continued institutional interest and support for the cryptocurrency.
- Global Interest in Bitcoin: Events and interest from global leaders indicate a growing acceptance and interest in Bitcoin and cryptocurrencies.