Trump returns to the White House, ushering in a new era of crypto chaos

Author: Minn, Deep Tide TechFlow

Chaos is a ladder, and Trump is the climber.

On January 20, as the inauguration ceremony solemnly took place, Donald Trump was officially sworn in as the 47th President of the United States for a second time.

No one was more concerned about this ceremony than the cryptocurrency investors in front of their screens, who eagerly awaited Trump's views on cryptocurrency, hoping to capture the wealth code from his brief remarks regarding Memecoins.

On the eve of his return to the White House, the Trump family demonstrated an astonishing influence in the cryptocurrency market, with Trump's own issued Memecoin $TRUMP reaching a market cap of over $70 billion at one point, while his wife's $MELANIA peaked at nearly $14 billion.

This power couple's "harvesting" in the crypto space has seemingly become a prelude to their return to the political stage.

However, to everyone's disappointment, Trump did not mention cryptocurrency in his inaugural speech, leading to a decline in the crypto market.

What is certain is that in the next four years, with Trump's return, the crypto world is bound to usher in an unprecedented era of chaos and opportunity, entering a new era of disorder.

The Trump Family Issues Coins, Transitioning from Real Estate to Digitalization

tt, the founder of y2z Ventures, expressed a viewpoint during a live broadcast in 2021: "Elon Musk wasn't this eccentric before; he must have been influenced by someone even more eccentric, and that person is Trump. Trump shows the world through his actions that you just need to do what you want to do, without caring about what others think."

Only Trump could pull off the act of a president issuing Memecoins.

In addition to the hundreds of billions garnered by Trump's and his wife's Meme coins $TRUMP and $MELANIA, the official token sale of the crypto project World Liberty Financial (WLFI), run by his son, also completed its entire sale, raising $300 million, riding this wave.

After selling out, WLFI announced on social media that it had completed its mission and sold 20% of the token supply. Due to huge demand and high attention, they decided to open an additional 5% of the token supply, adjusting the price from the original 0.015 to 0.05.

Want a coin from the Trump family? There are plenty more waiting for you.

This straightforward "harvesting" intent may have left the old foxes of Wall Street dumbfounded. While the Democrats still emphasize political correctness, the newly inaugurated President Trump does not package his actions but rather strips away the warm facade of capitalism, declaring to the world: "This is a wealth game; I am on stage, and you are in the audience."

This almost "shameless" honesty is both amusing and perplexing.

Even former Global Times editor Hu Xijin stated: "Capitalism! It turns out the presidency can be monetized like this! Trump has truly opened my eyes as someone living in a socialist country."

However, it seems necessary to clarify a concept: it is not Trump who issues coins, but the Trump family. According to insiders, all token issuances are led by Trump's children, supported by a team of advisors.

Since Trump's grandfather set foot on American soil from Germany, the Trump family has spent over 100 years and three generations building their wealth from restaurants to real estate, accumulating a fortune of $6.5 billion. Now, by leveraging their influence to monetize cryptocurrency, the Trump family has elevated their wealth status to a new level.

This also represents the transformation of the Trump family's fourth generation, transitioning from real estate to digitalization.

Looking back at the history of American development, it began with the original 13 states, expanding through wars and land purchases, acquiring land from France, Mexico, and Russia, establishing the foundation of the nation through land acquisition.

Michael Saylor, founder of the publicly traded company MicroStrategy, which holds 400,000 Bitcoins, believes that the era of land space has ended, and we have entered the era of cyberspace.

In this cyberspace dominated by internet currency, controlling cyberspace equates to controlling the new world, and Bitcoin is the most important currency in this space.

The Trump family is rebuilding a new Trump Tower (TRUMP TOWER) in cyberspace.

Trump is a Double-Edged Sword

Trump's issuance of coins has also sparked divisions within the cryptocurrency industry.

Andrei Grachev, a partner at DWF Labs, tweeted: Trump is doing the best marketing for the cryptocurrency market.

In the short and medium term, the Trump family's entry has indeed brought new vitality to cryptocurrency.

Under his call, a large number of newcomers have poured in with money, becoming a new force and injecting massive liquidity into the market.

His openly friendly policy attitude has also thrilled entrepreneurs and institutional investors, making the U.S. a fertile ground for the flourishing of cryptocurrency.

However, beneath the surface prosperity lies a ticking time bomb.

Trump's coin issuance acts like a sharp knife, piercing through the carefully woven utopian veil of the cryptocurrency world.

When a former U.S. president can easily turn cryptocurrency into a family financing tool, and when influence can so blatantly transform into a means of wealth plunder, the fragile consensus of "decentralization" and "financial democratization" that the cryptocurrency industry has painstakingly built over the past few years is crumbling.

Trump's emergence, however, straightforwardly tells the world: Cryptocurrency is a tool for celebrities to quickly monetize their personal influence.

Historical experience repeatedly tells us one thing: ICO (financing) is the primary essence of cryptocurrency.

This transformation is quite ironic: Bitcoin was born after the 2008 financial crisis, originally intended to combat the financial monopoly of Wall Street elites and political powers. Yet now, this anti-establishment tool has become a highly sought-after asset on Wall Street and the best weapon for political strongman Trump to manipulate money and expand influence.

The Bitcoin conference organizer Bitcoin Magazine, which once endorsed Trump, candidly stated on social media that TRUMP is a shitcoin.

Trump's staunch supporter, Messari founder Ryan Selkis, tweeted calling for Trump to fire those involved in launching the Melania project, arguing that this project did not consider Trump's interests and could cause significant economic losses and reputational damage.

Rewriting the Rules of the Game

Trump is a ruthless player who does not play by the rules; in his world, nothing is impossible.

Whether it's threatening to buy Greenland, boasting about annexing Canada, or even reclaiming the Panama Canal, this "table-flipping president" will surely not adhere to conventions in the crypto space.

Under the slogans of "America First" and "Make America Great Again," Trump's cryptocurrency policy seems to summarize as "American Coin First," with projects like XRP, Solana, Sui, and HBAR, which have American genes, enjoying unprecedented development opportunities.

This differential treatment is likely to persist throughout Trump's presidency, with dollar stablecoins becoming a digital extension of the dollar, and more cryptocurrency entrepreneurs choosing to come to the U.S. to issue tokens, making it more authentic.

In the future, Trump's every word and action will influence the crypto market, and everyone will have to live under the influence of "Trump Gravity."

The intensity of this transformation may render the industry experience accumulated by some practitioners over the past few years completely ineffective, requiring both practitioners and investors to adopt a new logic to cope with the forthcoming world.

So, can we say that Trump and America have already controlled Bitcoin?

My answer is no.

Trump may temporarily alter Bitcoin's price trajectory like the sun's gravity affects planetary motion. But Bitcoin, like those interstellar Voyager probes that can break free from the sun's gravity, will ultimately shed the shackles of any single force and continue its path of decentralization and depoliticization: it does not belong to Trump, nor to any politician.

As Littlefinger said in "Game of Thrones": "Chaos is a ladder." When old rules are broken and interests are redistributed, a new era full of uncertainty also nurtures new possibilities.

At this crossroads, some will lose their vested interests, while others will seize historical opportunities and achieve a curve overtaking.

In this upcoming great era, adaptability will become the most valuable ability, uncertainty will become the norm, and the only certainty is: opportunity always belongs to those who can perceive the first move in chaos and are brave enough to embrace change.