Yes, with the existence of the Trump coin built on the Solana network, Trump has indirectly promoted or introduced Solana to everyone. This serves as proof that Solana is a strong and viable investment coin for the future. The developers of Solana should be proud of having the Trump coin on their network, as it demonstrates that people are starting to take an interest in Solana.
New meme coins on a network assist in improving a couple of things including price and adoption however most of the time it's more like a temporary hype. This is because although people need to buy units of the main network before being able to access the meme token, it improves adoption by bringing more people to the network but the problem is there is a high chance these investors will pull out their money ASAP once they make profit.
It's almost like a temporary boost to the host network that eventually fades off once the meme coin drops.
I agree with you.
Although meme coins are considered as shit projects, their existence really boosts the blockchain network and also the market cap. And Solana is one of the blockchain networks that is greatly helped by the many meme coins that use its network.
yes, everything will have its pluses and minuses, related to this meme project because after all, meme coins are sometimes very promising, multiplying money quickly because of their hype and pumps in the bank. but often they will also drop us very quickly and hard because the price immediately dumps when we miss the moment to take profits. and finally, we return to prepare everything, to face both the pros and cons of the projects.