Now it is Trump himself who launches a meme coin

[Stompix]

It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that?

Wait till they forget the reserves were supposed to be in Bitcoin and will be made from "Trump Coin New Ultra Maga 19th rebrandings now it's the real deal promise we won't make another one" coin.

The whole crypto thing has become a joke, Satoshi is probably spinning 20,000 RPM in his virtual or not grave by now, can anyone still remember why Bitcoin was born in the first place? Certainly not or this!

[Report]

I have no problem with TRUMP creating a Meme coin because it is his or his staff's right to create a Meme coin but what is certain is that everything when entering cryptocurrency must be DWYOR. I am sure Donald Trump must understand very well how cryptocurrency works so I am sure that Donald Trump's staff created the Meme coin with careful planning.
I praise him if this TRUMP meme coin was created on the Solana blockchain so that the ecosystem of this Solana coin rose so quickly, Solana, Raydium, ORCA and all the ecosystems of this Solana coin rose so quickly because I see evidence of it on the Binance market.

[target]

For now it's logical to just join the hype while he is still the president and can influence the market including BTC since he is the first to have suggested BTC reserves and now he has a memecoin as well.

I think the possibility of having Altcoin reserves is high already which this memecoins such as Doge, Trump will be among them. We might as well be expecting Official Elon memecoin as well.

[omori]

It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that?

Wait till they forget the reserves were supposed to be in Bitcoin and will be made from "Trump Coin New Ultra Maga 19th rebrandings now it's the real deal promise we won't make another one" coin.

The whole crypto thing has become a joke, Satoshi is probably spinning 20,000 RPM in his virtual or not grave by now, can anyone still remember why Bitcoin was born in the first place? Certainly not or this!

Don't think they would be as bold as to do this.
Because in this case, it would be just madness and mayhem.

[erus]

Pretty hard to believe, I'm waiting for official confirmation of Trump, but the damage is done 

Lot's of new millionaires right now, but be careful guys, it's easy to lost money with these kind of coins

~snip~
Currently, TRUMP has a marketcap of nearly $6B and is in the top #28. That is really impressive and I congratulate the investors who have invested and profited from this new memecoin.

Now it has even gone up in ranking because I saw on Coinmarketcap it is ranked 25th with a marketcap of around $35,391,338,422, unfortunately I don't dare to invest in this Meme coin because I think it doesn't make sense for me to invest in Meme coins.
Even though it has a very large marketcap asset and is supported by the Solana blockchain, I am not tempted at all to invest in this $TRUMP Meme coin, because I think the Meme coin is still a Meme coin and there is nothing special about Meme coins like that, it is useless.

[omori]

Now it has even gone up in ranking because I saw on Coinmarketcap it is ranked 25th with a marketcap of around $35,391,338,422, unfortunately I don't dare to invest in this Meme coin because I think it doesn't make sense for me to invest in Meme coins.
Even though it has a very large marketcap asset and is supported by the Solana blockchain, I am not tempted at all to invest in this $TRUMP Meme coin, because I think the Meme coin is still a Meme coin and there is nothing special about Meme coins like that, it is useless.

Better to send said funds on SOL itself, it would have a much better effect for your portfolio than trying to profit from TRUMP 

[NotATether]

Wait till they forget the reserves were supposed to be in Bitcoin and will be made from "Trump Coin New Ultra Maga 19th rebrandings now it's the real deal promise we won't make another one" coin.

The whole crypto thing has become a joke, Satoshi is probably spinning 20,000 RPM in his virtual or not grave by now, can anyone still remember why Bitcoin was born in the first place? Certainly not or this!

Well at least he gets to rest in peace and not have to think about this shitshow right now.

Allegedly the entire country of Cuba did a pump and dump scam on X/Twitter a few days later too. The audacity of these people, man!

Better to send said funds on SOL itself, it would have a much better effect for your portfolio than trying to profit from TRUMP 

Mainnet SOL is much better. It is not like all of these garbage tokens that are on Layer 2. I'm guessing Ethereum and Polygon devs must be very relieved that scammers are no longer preferring to use their blockchains for their pump&dump tokens.

[Stompix]

I have no problem with TRUMP creating a Meme coin because it is his or his staff's right to create a Meme coin

You have no problem with a government official using his position to promote the selling of an unbacked asset?
I assume you have no problem with bribery, corruption, or anything else as long as they are made with crypto, right?
Maybe even designating non-crypto owners as terrorists and executing them would not be a problem either.

https://decrypt.co/302202/trumps-meme-coin-whipsaws-says-he-doesnt-know-much-about-it

"I don't know much about it other than I launched it," Trump told reporters at a tech executive meeting. "I heard it was very successful. I haven't checked."

Allegedly the entire country of Cuba did a pump and dump scam on X/Twitter a few days later too. The audacity of these people, man!

But, but crypto was supposed to end the fiat scam!!!!
Oh, wait, bitcoin=/= crypto! 

[tequilla_sunset]

^ It's about who launches the meme today, other things would be solved themselves.
The reputation of a person would just propel a token forward 

[sampoerna]

Is this the official TRUMP?
https://coinmarketcap.com/currencies/official-trump/

If we look at it now, there has indeed been a fairly drastic decline after reaching its ATH, like other meme coins, the scheme is like that. It's just that, at least, the volume is still high, the market cap is also, and it has immediately risen to rank 26 on CMC.

This meme coin has become quite successful and is still holding on, yes because it is related to Trump, who has power, but we still have to be careful if we want to enter this coin, there is no guarantee of any profit, unless we do our own DYOR and find the ways to make it profitable.

[Stompix]

This meme coin has become quite successful and is still holding on

Still holding on after losing 60% for its ATH in less than one week?
It's not the coin holding on is bagholders being trapped and sometimes not even being able to sell because they have no knowledge on how to do it, most bought the coins following the instructions on the website and need to even figure out what they have actually bought.
Seriously, this is a disgrace for crypto.

[omori]

This meme coin has become quite successful and is still holding on

Still holding on after losing 60% for its ATH in less than one week?
It's not the coin holding on is bagholders being trapped and sometimes not even being able to sell because they have no knowledge on how to do it, most bought the coins following the instructions on the website and need to even figure out what they have actually bought.
Seriously, this is a disgrace for crypto.

Trump can always pump it back with some words or flashy news.
But totally, it's a very risky endeavor to keep holding onto it.

[bitterguy28]

Trump can always pump it back with some words or flashy news.
But totally, it's a very risky endeavor to keep holding onto it.

yes he can easily manipulate this coin but the question is will he? he has barely acknowledged it and people are even saying how he is too busy now to focus on crypto so there is definitely doubt about whether he will still bring up this memecoin

though if you already are holding some and there is no use of selling due to its price then just wait maybe his family will boost it again

[TomPluz]

It also says it's "The only official Trump meme coin" So they just forgot about World Liberty Financial like that? I mean, every single crypto project that Trump makes ends up in a grift one way or another  but the thing I wanted to talk to you guys about today is, Solana folks, are you happy with your blockchain being almost exclusively used for memecoins, in other words as some superior version of DOGE and that's it?

No, WLF is not forgotten at all since it is not memecoin it is involved with DeFi if my guess is right while TRUMP is the memecoin so they are two different beasts. Anyway, as to Solana becoming the prime network for memecoins, I am not complaining though I am not saying am really happy for it since I am sure that Solana has bigger potential but then for the meantime why not just enjoy what it got, in the first place? In 2025, memecoins will continue to be hoarding the attention and support it is getting but I know that people behind Solana know in their hearts that this may not be sustainable for the coming years so they can be devising ways and means to make Solana an all-powerful and inclusive platform later.

[MrSpasybo]

yes he can easily manipulate this coin but the question is will he? he has barely acknowledged it and people are even saying how he is too busy now to focus on crypto so there is definitely doubt about whether he will still bring up this memecoin

though if you already are holding some and there is no use of selling due to its price then just wait maybe his family will boost it again

We cannot know exactly Trump plans with the TRUMP token. There are rumors that Trump has earned billions of USD in profits from TRUMP, and other rumors suggest that TRUMP is just the first step for Trump to build a community supporting him in the coming years. I don't invest in this memecoin, so I'm less concerned about conspiracy theories.

I only focus on observing the impacts of this memecoin on the market, and everything is quite positive. Many new investors have entered the market just because they heard about TRUMP, and TRUMP is their first crypto asset. Many users on Solana are also owning a memecoin for the first time instead of SOL or other DeFi tokens. TRUMP has truly stimulated excitement in the Solana ecosystem and the crypto market as a whole, indirectly bringing profits to investors in the upcoming bullrun.