#TrumpCoin surged past $70.#
Hot Topic Overview
Overview
TRUMP (Trump Coin) has seen a remarkable surge recently, breaking through $70 and boasting a market cap exceeding $7 billion, making it the third largest meme coin, trailing only DOGE and SHIB. Exchanges like Binance, Coinbase, and OKX have all listed TRUMP spot trading, sparking heated discussions in the market. It's been reported that the Trump team withdrew $5 million USDC liquidity from the Meteora pool, converted it to SOL, and sent it to an OKX deposit address. Additionally, the Trump team injected 1.5 million TRUMP tokens as unilateral liquidity into the TRUMP/USDC liquidity pool, valued at $52.75 million. This series of actions has drawn attention to SOL, contributing to a rise in its price. It has also triggered some investors to sell ETH, leading to a drop in ETH's price. Currently, the main focus of speculation in the market lies with BTC, SOL, and TRUMP.
Ace Hot Topic Analysis
Analysis
The surge of TRUMP (TRUMP) has sparked heated discussions in the crypto community, with its price exceeding $70 and market cap surpassing $7 billion. Binance and Coinbase have announced the listing of TRUMP, further fueling its price rise. Reports suggest that the Trump team withdrew $5 million USDC liquidity from the Meteora pool, exchanged it for SOL, and sent it to an OKX deposit address. Subsequently, they used these funds to purchase $6 million worth of SOL and sent it to OKX. These actions are believed to be the Trump team's preparations for TRUMP's launch. Additionally, OKX has announced the listing of TRUMP spot trading and opened deposits.The emergence of TRUMP is seen as the cryptocurrency world entering a new era under Trump's influence, its impact even surpassing DOGE. Many believe that TRUMP's success is a victory for the SOL chain's MEME and AI narratives, and they are optimistic about SOL's future development. However, others argue that the TRUMP hype is temporary and will eventually revert to the value narrative of AI AGENTS.Overall, the appearance of TRUMP has sparked a frenzy in the crypto community and driven the development of the SOL chain. However, its future trajectory remains uncertain, and investors should invest cautiously.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The emergence of Trumpcoin marks a new era of Trump's rule in the crypto world. Binance's listing means that US law enforcement agencies may have intervened. In the near future, the US SEC will not trouble Trump for this.
The emergence of Trumpcoin is the competition between SOL and ETH. In the short term, it has absorbed all on-chain tokens, but ultimately the funds will return to the AI AGENT narrative, triggering a new wave.
The emergence of Trumpcoin is a once-in-a-lifetime opportunity, but most people miss it because of lack of cognition and courage. It takes long-term practice and incremental improvements to seize similar opportunities.
The emergence of Trumpcoin is a celebrity effect. FOMO is just beginning, and the money-making effect is short-lived. Traffic will peak in the next few days.