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「Trump Trading」 Continues: A Deep Dive into Trump's Crypto Landscape

Jan 22, 11:13
「Trump Trading」 Continues: A Deep Dive into Trump's Crypto Landscape
Original Title: What is Next $TRUMP?
Original Source: Layergg
Original Translation: Deep Tide TechFlow



The Relationship Map Between Trump and Cryptocurrency.


In just one day, $TRUMP's market cap has surpassed $14 billion, ranking in the top 20 by market cap and surpassing $DOGE in Fully Diluted Valuation (FDV). Currently, it has successfully listed on major CEX/PERP platforms such as Binance and Coinbase.


Currently, attention is likely to be focused on tokens associated with Trump.


1. Tokens Directly Associated with Trump


· $TRUMP: The controversy surrounding its authenticity is still ongoing, but if it is genuine, it is likely to become the most eye-catching meme coin of this cycle.


· Eric Trump: Trump's son Eric Trump revealed that he holds $BTC, $ETH, $SOL, and $SUI.


· $WLFI: Some views suggest that Trump is only serving as a promotional endorser and is not directly involved in the project. However, investors who are still fascinated by $TRUMP may turn to $WLFI out of FOMO. Its on-chain portfolio has attracted widespread attention due to the Trump theme. After the release of $WLFI, $ENA and other projects related to $WLFI may receive market hype.


2.D.O.G.E Ecosystem


· Elon Musk: No need for further explanation.


-$DOGE

-$D.O.G.E


· Howard Lutnick owns a 5% stake in Tether, and his company Cantor Fitzgerald is the project's asset manager.


3.Solana Ecosystem


· Since the Trump team issued $TRUMP on the Solana blockchain, the price of $SOL has risen by 40%. The SOL/ETH trading pair may hit a new all-time high.


· The possibility of launching a $SOL ETF in 2025 is also gradually approaching.


· $SOL Ecosystem: With the Trump team's collaboration with Meteora and Jupiter, the future of meme coins may follow this path.


-$JUP

-$MET


· Another Solana-based meme coin (Celebrity) cycle may be initiated.


-$RAY


4.SEC


· Paul Atkins has been appointed to succeed Gary Gensler as SEC Chairman.


· He has been an advisor to $RSR for many years and recently joined Securitize's advisory board. Securitize has deep ties with $ONDO.


· Trump recently mentioned that he may suspend the SEC's existing lawsuits against cryptocurrency.


· Cryptocurrencies involved in litigation with the SEC or receiving Wells notices may attract attention.



5. U.S Coin


· Trump has recently shown a positive attitude towards the idea of having U.S-created cryptocurrency as a strategic reserve.


· A classic example is $XRP and $SOL, but there are many U.S.-based cryptocurrencies. See the following link: https://www.coincarp.com/project/?area=usa


6. Celebrity Coin Rush


· Elon Musk may launch $ELON or $MUSK for entertainment purposes.


· The meme narrative is currently going through a rotation of 'Dog→Cat→Animal→AI→Celebrity'.


7. Venture Capitalists (VCs)


· a16z: Sriram Krishnan has been appointed as a senior policy advisor to the White House, having previously been a member of a16z. Brian Quintenz, nominated as CFTC Chairman, was a16z's cryptocurrency policy lead. a16z has a significant cryptocurrency investment portfolio.


· Craft Ventures: David Sacks, appointed as the White House Crypto Affairs Czar, leads Craft Ventures.


-$DYDX


-$HONEY


· Kraken Ventures: Another CFTC Chairman nominee, Marco Santori, previously served as Kraken's Chief Legal Officer.


-$MORPHO

-$PUFFER

-$USUAL

-$PSTAKE



Original Article Link


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