Memecoin TRUMP: A driving force for the development of the Solana ecosystem?

[Stompix]

So now that the hype and the mirage of meme coins being of any actual value has finally evaporated after not even 2 months, how is that driving force going? Still pushing forward or it's all flat tires?

Solana has managed to fall now only below January levels, it's down to September pre-election prices, which shows pretty much what you can expect from meme coins.

[debra]

So now that the hype and the mirage of meme coins being of any actual value has finally evaporated after not even 2 months, how is that driving force going? Still pushing forward or it's all flat tires?

Solana has managed to fall now only below January levels, it's down to September pre-election prices, which shows pretty much what you can expect from meme coins.

It seems that when the Trump meme hype ends, it shows that the hype coin will not be that easy to go back up and skyrocket like before, reaching its ATH. It is quite difficult for any meme tokens to be able to skyrocket a second time and reach ATH or exceed it again if the hype is over. Except for Doge, which was indeed the first meme coin and it remains rusty until now, it's just that, it still hasn't been able to celebrate its ATH again. Well for Trump coin, I don't know, how it will be in the future, but I doubt it will succeed in reaching its original ATH, so even if there is an increase, it won't be as skyrocketing as it was when it was at the peak of its hype.

[KryptoBull]

So now that the hype and the mirage of meme coins being of any actual value has finally evaporated after not even 2 months, how is that driving force going? Still pushing forward or it's all flat tires?

Solana has managed to fall now only below January levels, it's down to September pre-election prices, which shows pretty much what you can expect from meme coins.

Currently, the TRUMP price is at 10 USD, and its FOMO seems to have ended. The SOL price has returned to the 130 USD range to find support. Although TRUMP couldn't provide stable price increases for SOL, in the long term, memecoins are still a trend that can help SOL rise from the ashes.

I will still monitor TRUMP price fluctuations, at least for the next 4 years. Compared to many other memecoins, TRUMP is widely listed, and it's still being mentioned and garnering attention while millions of other memecoins have faded into oblivion. During the most vibrant times of the market and SOL, TRUMP will certainly be mentioned again and experience significant price increases.

[Mr. Magkaisa]

So now that the hype and the mirage of meme coins being of any actual value has finally evaporated after not even 2 months, how is that driving force going? Still pushing forward or it's all flat tires?

Solana has managed to fall now only below January levels, it's down to September pre-election prices, which shows pretty much what you can expect from meme coins.

It seems that when the Trump meme hype ends, it shows that the hype coin will not be that easy to go back up and skyrocket like before, reaching its ATH. It is quite difficult for any meme tokens to be able to skyrocket a second time and reach ATH or exceed it again if the hype is over. Except for Doge, which was indeed the first meme coin and it remains rusty until now, it's just that, it still hasn't been able to celebrate its ATH again. Well for Trump coin, I don't know, how it will be in the future, but I doubt it will succeed in reaching its original ATH, so even if there is an increase, it won't be as skyrocketing as it was when it was at the peak of its hype.

      -      You're right about that mate, most meme coins that suddenly rose to an unexpected high and then suddenly dropped in price in the market are like a miracle if they can repeat the hyped price increase they made when they were just starting out in the crypto space.

It might be hard for them to reach $20, but actually the price they have now compared to other meme coins that have been around for a long time in this field of the crypto industry is still high, but their daily volume, even if we say it's down a lot, can still be said to be not bad, especially since they have risen a little and have become $11.6 each so far.

[KryptoBull]

- You're right about that mate, most meme coins that suddenly rose to an unexpected high and then suddenly dropped in price in the market are like a miracle if they can repeat the hyped price increase they made when they were just starting out in the crypto space.

It might be hard for them to reach $20, but actually the price they have now compared to other meme coins that have been around for a long time in this field of the crypto industry is still high, but their daily volume, even if we say it's down a lot, can still be said to be not bad, especially since they have risen a little and have become $11.6 each so far.

For memecoins, I think that the potential for price increase is not as important as the opportunity to exist for a long time in this market. Only a few memecoins are listed on major CEXs and can stay in investors' minds and reach, and TRUMP has actually done that.

TRUMP will always be a force that can be awakened at the right times to support the development of the Sol ecosystem, similar to BONK's role when Sol returned from the ashes. Trump's choice of Sol is also a story for investors to believe that SOL will benefit from preferential policies for Made in US tokens in the future.

[Report]

Referring to the marketcap, the TRUMP meme token is indeed the highest after the native Solana coin.
Solana's native coin is number 6 on Coinmarketcap and the TRUMP meme token is number 39, I feel like TRUMP is indeed forced to become a special President meme token, don't you think?
Directly, other meme tokens on the Solana blockchain have not been able to enter the top 100 coinmarketcap, this proves that the TRUMP token is like being in a cloud top position because it seems like community support and the real President Trump also supports it, I wonder if there is a strange vision and mission in the future of this TRUMP meme token?

[KryptoBull]

Referring to the marketcap, the TRUMP meme token is indeed the highest after the native Solana coin.
Solana's native coin is number 6 on Coinmarketcap and the TRUMP meme token is number 39, I feel like TRUMP is indeed forced to become a special President meme token, don't you think?
Directly, other meme tokens on the Solana blockchain have not been able to enter the top 100 coinmarketcap, this proves that the TRUMP token is like being in a cloud top position because it seems like community support and the real President Trump also supports it, I wonder if there is a strange vision and mission in the future of this TRUMP meme token?

Oh, I didn't even notice this. TRUMP is bigger and more important in the Sol ecosystem than I dared to think. Even though TRUMP hasn't been able to bring back the memecoin trend or make Sol significantly stronger, it's still a card that Sol can leverage in the future, because it's a big memecoin and directly related to President Trump.

I've always believed that TRUMP wasn't created randomly from a hasty decision. It's backed by TRUMP, and Trump always has many ways to boost the token's price, for example, Trump plans to dine with top holders. There are many other interesting and effective programs that Trump can implement through this memecoin to better understand the market situation or allow large projects to access opportunities to be used by the U.S. government.

[Stompix]

Referring to the marketcap, the TRUMP meme token is indeed the highest after the native Solana coin.
Solana's native coin is number 6 on Coinmarketcap and the TRUMP meme token is number 39, I feel like TRUMP is indeed forced to become a special President meme token, don't you think?

So the biggest emme coin on Solana is a pump and dump and the biggest scam ever made by a public person that dumped 80% since the ATH.
And how in the name of god is this going to be good for the Solana ecosystem?

[philipma1957]

Referring to the marketcap, the TRUMP meme token is indeed the highest after the native Solana coin.
Solana's native coin is number 6 on Coinmarketcap and the TRUMP meme token is number 39, I feel like TRUMP is indeed forced to become a special President meme token, don't you think?

So the biggest emme coin on Solana is a pump and dump and the biggest scam ever made by a public person that dumped 80% since the ATH.
And how in the name of god is this going to be good for the Solana ecosystem?

Dude Trump finally got a big win. (full disclosure I do not like him or Biden I am a Bernie fan)

So he is making a pay to play out of Trump coin.  On may 12 or May 22 (can not remember which day ) he announces the 220 winners of most Trump coins held. Those then get to go to a dinner with him and try to cut a deal.

I think he will do this 2 times a year  So Solana gets a double pump 2 times a year.

And as for the biggest support for Solana it is the helium hot spot network which is over 500,000 low power  miners in the USA alone. Solana is the payment coin to move those earnings.

it is a steady use case for Solana directly based on mining with a low cost miner.

[Stompix]

So he is making a pay to play out of Trump coin.  On may 12 or May 22 (can not remember which day ) he announces the 220 winners of most Trump coins held. Those then get to go to a dinner with him and try to cut a deal.

Cut a deal on what? 
Most hodlers are already insiders, and now way is he going to pick winners from the guys owning 1k-5k worth of tokens.
That is just another cash grab and already failed to do anything significant pricewise, still -80% down.

[Report]

Referring to the marketcap, the TRUMP meme token is indeed the highest after the native Solana coin.
Solana's native coin is number 6 on Coinmarketcap and the TRUMP meme token is number 39, I feel like TRUMP is indeed forced to become a special President meme token, don't you think?
-

Oh, I didn't even notice this. TRUMP is bigger and more important in the Sol ecosystem than I dared to think.
-

Please just look at Coinmarketcap if the TRUMP Meme token is ranked around 39 and has a large marketcap. Also check in detail from ranking 39 on Coinmarketcap to ranking 6 with Solana, there are no other Meme tokens from the Solana blockchain, it proves that the TRUMP token is the first best meme token from the Solana blockchain.

Referring to the marketcap, the TRUMP meme token is indeed the highest after the native Solana coin.
Solana's native coin is number 6 on Coinmarketcap and the TRUMP meme token is number 39, I feel like TRUMP is indeed forced to become a special President meme token, don't you think?

So the biggest emme coin on Solana is a pump and dump and the biggest scam ever made by a public person that dumped 80% since the ATH.
And how in the name of god is this going to be good for the Solana ecosystem?

There is no, there is no good from meme tokens, even though it is a meme token from the US President who has a lot of Pump-Dump games of TRUMP tokens. I am not saying the best of this TRUMP Meme token but I am saying DWYOR, even though it contributes a lot to Solana's native coin transaction fees and DEX trading, this TRUMP Meme token should still be avoided.