#Justin Sun Invests in Trump Project Again#
Hot Topic Overview
Overview
Justin Sun has invested in another Trump project. Donald Trump has launched his own meme coin, Trump, which has generated significant attention. The coin was launched on the Solana blockchain and quickly became the third-largest meme coin by market capitalization, after Shiba Inu and Dogecoin. The Trump family owns 80% of the coin's supply and plans to unlock it over the next three years. The launch of the coin has sparked discussions about the future of cryptocurrency, with some arguing that it will boost the development of cryptocurrency while others believe it will have a negative impact. Additionally, the Trump family has launched other meme coins, such as Melania, a meme coin for Melania Trump, which has led to a significant drop in the price of Trump. Currently, the Trump family's meme coin project is ongoing, and its future development remains uncertain.
Ace Hot Topic Analysis
Analysis
Sun Yuchen's latest investment in a Trump project has sparked heated debate in the crypto community. The significance of Trump's crypto lies in its ability to bring traditional financial elites into the crypto space, potentially prompting more national leaders and celebrities to launch their own cryptocurrencies. Some predict that future political contributions will become more covert, with cryptocurrency lobbying groups becoming regulars on Capitol Hill. However, many remain skeptical of Trump's crypto, believing it to be a mere money-grabbing scheme. Trump's meme coin, TRUMP, initially triggered a trading frenzy upon launch, but its price has since experienced significant fluctuations. Some believe that the Trump family may be cashing in on these meme coins and preparing to launch more, diverting attention from the initial release. Additionally, Melania Trump has also launched her own meme coin, MELANIA, further exacerbating the decline in Trump's meme coin. While the future of Trump's meme coin remains uncertain, it has undoubtedly become a major event in the cryptocurrency world.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's coin is a breakthrough in the cryptocurrency application, which will attract more traditional capital to enter.
Trump's coin will change the way political contributions are made and push token economics into daily life.
Trump's coin is a typical example of cutting leeks, and there is a huge profit chain behind it.
Trump's coin will promote the development of the cryptocurrency industry, but the negative impact it brings should not be ignored.