「Trump Trading」 Continues: A Deep Dive into Trump's Crypto Landscape
What other tokens are associated with Trump?
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
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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