Since yesterday, the community has been discussing the memecoin TRUMP, and currently, the TRUMP price has surpassed 90 USD on major exchanges such as KuCoin, Bybit, OKX, Bitget, Kraken... This is truly exciting because we have confirmation from President Trump on X, and it’s happening right before his inauguration day.
Many discussions are being held around this special event, including both support and criticism. However, I believe this is entirely legitimate because Trump is considered America's first crypto president; he has the right to do what the law does not prohibit, similar to how he has released many NFTs in the past.
I am more concerned with financial matters, and since I am not bold enough to invest in TRUMP at this time, perhaps I have missed its strongest growth phase. I am focusing on the positive impact that SOL and the Solana ecosystem could receive. Currently, the SOL price has reached a new ATH of 295.11 USD.
We have witnessed the impressive recovery and growth of Solana thanks to memecoins, starting with the Sagaphone + BONK airdrop, followed by pump.fun, and now TRUMP. Several other platforms are also active with memecoins, such as Ton, Avalanche, and Tron, but they have not achieved similar success. Notably, Tron also had Sun Pump but was not chosen by TRUMP.
I congratulate the success of Solana and the SOL token. However, honestly, I don't want Solana to be used only for memecoins; it is good enough to serve other user needs. I hope that with its current success, Solana will attract more users and see synchronized development across many major and important trends such as DeFi, GameFi, NFT, RWA, AI, MoveFi, DePIN...
I would like to know your opinion on this:
- Do you think Trump's launch of the TRUMP memecoin on Solana is a success and a great opportunity for Solana?
- Are you investing in TRUMP and SOL?
- After memecoin, what trend will continue to explode in the Solana ecosystem?
Refecence:What the release of Trump's memecoin signals for crypto regulations
Note:- My opinion has been presented in a topic, on BitcoinTalk forum.
- This topic on AltcoinsTalks forum has included a minor change in the way my opinion is presented.
- This statement is to avoid accusations of plagiarism.