A picture to help you understand Trump's crypto map
Since the Trump team issued $TRUMP on the Solana chain, the price of $SOL has increased by 40%. The SOL/ETH trading pair may set a new historical high.
Original Title: "What is Next $TRUMP?"
Author: Layergg
Compiled by: Deep Tide TechFlow
The relationship map between Trump and cryptocurrency.
In just one day, the market capitalization of $TRUMP has surpassed $14 billion, ranking it among the top 20 by market cap, and it has outperformed $DOGE in fully diluted valuation (FDV). Currently, it has successfully launched on major CEX/PERP platforms such as Binance and Coinbase.
At present, people's attention is likely to focus on tokens related to Trump.
1. Tokens Directly Related to Trump
$TRUMP: The controversy regarding its authenticity continues, but if it is real, it is likely to become the most talked-about meme coin in this cycle.
Eric Trump: Trump's second son Eric Trump revealed that he holds $BTC, $ETH, $SOL, and $SUI.
$WLFI: There are views that Trump is merely an advertising spokesperson and has not directly participated in the project. However, investors who feel unsatisfied with $TRUMP may turn to $WLFI due to fear of missing out (FOMO). Its on-chain portfolio has garnered widespread attention due to the Trump theme. After the launch of $WLFI, $ENA and other projects related to $WLFI may gain market popularity.
2. D.O.G.E Ecosystem
Elon Musk: No need to elaborate.
$DOGE
$D.O.G.E
Howard Lutnick owns 5% of Tether, and his company Cantor Fitzgerald is the asset manager for the project.
3. Solana Ecosystem
Since Trump's team issued $TRUMP on the Solana chain, the price of $SOL has increased by 40%. The SOL/ETH trading pair may set a new historical high.
The possibility of launching a $SOL ETF in 2025 is also gradually approaching.
$SOL Ecosystem: With Trump's team's collaboration with Meteora and Jupiter, future meme coins may continue along this path.
$JUP
$MET
Another celebrity-based meme coin cycle may be about to begin.
$RAY
4. SEC
Paul Atkins has been appointed to replace Gary Gensler as SEC Chairman.
He has served as an advisor for $RSR for many years and recently joined the advisory board of Securitize, which has deep ties to $ONDO.
Trump recently mentioned possibly suspending the SEC's existing lawsuits against cryptocurrencies.
Cryptocurrencies involved in litigation disputes with the SEC or receiving Wells notices may attract attention.
5. U.S Coin
Trump recently expressed a positive attitude towards the idea of creating a cryptocurrency for the U.S. as a strategic reserve.
A typical example is $XRP and $SOL, but there are many cryptocurrencies based in the U.S. For more details, 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 experiencing a rotation of 'dog → cat → animal → AI → celebrity'.
7. VCs
a16z: Sriram Krishnan has been appointed as a senior policy advisor to the White House; he was a member of a16z. Brian Quintenz, nominated as CFTC Chairman, is the head of cryptocurrency policy at a16z. a16z has a large cryptocurrency investment portfolio.
Craft Ventures: David Sacks, appointed as the White House cryptocurrency affairs commissioner, 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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