#Trump's wife launches cryptocurrency, market cap exceeds $4.6 billion#
Hot Topic Overview
Overview
Melania Trump launched her own personal emoji coin, MELANIA, with a market cap of approximately $4.6 billion, sparking heated discussions in the market. Following the event, the price of TRUMP, the personal emoji coin previously issued by Donald Trump, plummeted significantly, and Bitcoin also fell below $10,000. The market generally believes that the launch of Melania's coin has caused a diversion effect on Trump's coin, leading to its price decline. Meanwhile, the market is also questioning the frequent issuance of coins by the Trump family, suspecting potential "cutting the leek" behavior.
Ace Hot Topic Analysis
Analysis
Melania Trump, wife of former President Donald Trump, has launched a meme coin called MELANIA, with a market capitalization of around $4.6 billion, sparking heated discussions in the crypto community. This event follows the launch of Trump's own meme coin, TRUMP, which saw its price decline after the announcement. Some analysts believe that Melania's coin launch aims to diminish Trump's political influence by disentangling him from his presidential identity and framing it as a commercial endeavor. Others argue that the Trump family's coin ventures exploit the lack of regulation in the crypto space for personal gain. Additionally, some analysts believe that the Trump family's coin launches will attract more outsiders into the crypto market, ultimately ending the current bull run.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The Trump family's coin issuance is taking advantage of the lack of regulation in the cryptocurrency circle, making a fortune in the cryptocurrency circle.
Trump's coin issuance is for entertainment purposes, and his wife's coin issuance is to reduce Trump's political influence and make him look more like a commercial entity.
Trump's coin issuance is a major boon for the cryptocurrency circle, marking the beginning of a new era with the entry of celebrities.
The Trump family's coin issuance has brought huge liquidity to the cryptocurrency circle, and this wave will attract more outsiders to join the circle.