#Trump's coin, influence to be measured in market cap#
Hot Topic Overview
Overview
The launch of Trump's cryptocurrency has sparked widespread discussions, with people beginning to focus on how social influence will be measured by market capitalization rather than follower count. CryptoQuant CEO Ki Young Ju believes that Trump's cryptocurrency marks the beginning of this shift, where social influence will be determined by market capitalization, while follower count will no longer be the standard. BitMEX co-founder Arthur Hayes also stated that Trump's cryptocurrency proves that Meme coins are the best tool for fan interaction. In the future, the risks of celebrities like Beyoncé and Taylor Swift launching cryptocurrencies will also be reduced, and Meme coins will see a surge in popularity.
Ace Hot Topic Analysis
Analysis
The Trump coin event sparked a discussion about how social influence is measured. CryptoQuant CEO Ki Young Ju believes that the Trump coin signifies that social influence will no longer be measured by follower count, but by market capitalization. He believes this shift is inevitable and could lead to legal chaos. BitMEX co-founder Arthur Hayes echoed similar sentiments, stating that meme coins are the best tool for fan interaction, proven by the Trump coin, and believes the risk of celebrities like Beyonce or Taylor Swift launching their own coins will decrease. These views suggest that the measure of social influence is changing with the rise of digital assets, with market capitalization becoming a key indicator of individual or organizational influence. This trend could also lead to an explosion of meme coins, as they become a new way for celebrities to interact with fans.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Social influence will be measured by market capitalization rather than the number of fans, Trump's coin launch marks the beginning of this shift.
Meme coins are the best fan interaction tools.
The risk of celebrities like Beyoncé and Taylor Swift launching coins will be reduced.