Opinion: Trump has demonstrated a masterful performance of transforming the power of the American presidency into wealth
The issuance of $TRUMP caught the crypto industry off guard. Analysts believe that this issuance is either a peak signal in the history of the cryptocurrency market, or it's the first day of a new round of irrational prosperity in an industry that has already experienced several similar frenzies.
$TRUMP greatly enriched Trump's personal wealth, provided a mechanism for delivering cash to him from the crypto industry, and created an unstable financial asset that allows anyone in the world to speculate on Trump's political fate economically.
Given the Supreme Court's broad interpretation of presidential immunity, such actions are likely to be considered legal. It can be said that Trump has demonstrated a masterful performance of converting presidential power into wealth.
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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