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Offline BullTrader

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2025, The year of presidential memes....
« on: January 20, 2025, 11:59:29 AM »
The crypto space has been chaotic these past few days. First, Trump launched a meme token that reached significant highs and is now ranging around $60, with a market cap in the billions. Bitcoin also hit an all-time high of $108.

Yesterday, his wife Melania, the incoming First Lady of the United States, launched her own token, which is currently trading around $10 with a market cap of over $4 billion and is already listed on exchanges.
https://x.com/MELANIATRUMP/status/1881094861279129643

Could this be a bullish sign for the crypto space, or could it have negative long-term effects? And do you think more world leaders go follow them into launching their respective meme coins??.

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2025, The year of presidential memes....
« on: January 20, 2025, 11:59:29 AM »

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Re: 2025, The year of presidential memes....
« Reply #1 on: January 20, 2025, 05:29:11 PM »
As long as the public interest in cryptocurrencies is related to investment or far from fraud, black market, drugs and other dark activities, it is a good sign for Bitcoin and cryptocurrencies. The bad side of the story is that instead of investing in Bitcoin, investors prefer high-risk currencies with a long-term negative trend.


about memecoins I think it's the beginning of the end for this trend.
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Re: 2025, The year of presidential memes....
« Reply #1 on: January 20, 2025, 05:29:11 PM »

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Offline Philinfa

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Re: 2025, The year of presidential memes....
« Reply #2 on: January 20, 2025, 10:08:13 PM »
The recent launches of meme tokens by Donald Trump and Melania Trump have created a buzz in the crypto space with $Trump trading volume at $30 billion and $MELANIA is $8 billion after both coins made all-time high(ATH) today is the American president inauguration so the crypto market would see significant movement and will also tell if the sustainability of the tokens are questionable. If more public figures embrace cryptocurrencies, it could signal a shift towards mainstream acceptance, which might bolster the overall market. If these tokens can be sustainable and don't end like most memes with a 70% dump then it would create a rock bottom for crypto that it isn't a Ponzi scheme

Offline TomPluz

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Re: 2025, The year of presidential memes....
« Reply #3 on: January 21, 2025, 08:51:18 AM »


I am not sure if other world leaders will be following what Trump did by introducing his own memecoin and even doing it also for his wife Melania...and yes there is a buzz that BARRON will be released too officially. While I believe that this can be a refreshing station for the cryptocurrency industry, am not sure if these coins will be solid long-term all because they are just memecoins...they can just be a fad, a big way to make money for investors and yes for Trump himself as he is known to be good in taking advantage of his name and the things happening to him politically. Even before his entry to the political sphere, there had been many products associated with his TRUMP brand and he is good at marketing that even in his 2024 campaign he was then selling collectibles, NFT, sneakers, perfumes and other products to his fans and followers. Bullish sign for the crypto industry? I doubt that but there is no question this is another cap on the feather of the memecoin part of the industry.



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Re: 2025, The year of presidential memes....
« Reply #4 on: January 21, 2025, 09:06:47 AM »
It is indeed a crazy time that we have now that we are at the state where it's easy to create 60B market cap in a few days, surpassing the actual businesses value of some big names that countries have. It's crazy IMO.

I hope that the money made by different people in the cryptocurrency space stay in it and go into the more valuable/functional type of coin that has already existed for a while.

I think it's a bullish approach.
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Re: 2025, The year of presidential memes....
« Reply #5 on: January 21, 2025, 10:16:49 AM »
It is indeed a crazy time that we have now that we are at the state where it's easy to create 60B market cap in a few days, surpassing the actual businesses value of some big names that countries have. It's crazy IMO.
It is not a real market cap. The success of a token in selling 1% to 10% of it does not mean that there is enough liquidity to sell all the tokens. Therefore, if there is a large supply, the market value indicator is useless or misleading. In simpler words, avoid taking the market cap indicator when the supply of the token is very large and listed on one or two platforms, the price and market capacity will not be real.
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Offline Aanuoluwatofunmi

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Re: 2025, The year of presidential memes....
« Reply #6 on: January 21, 2025, 09:45:20 PM »
By now many would have known what is next for them to do and how they can make use of their subsequent decision wisely, because am very sure a lot have already made some sort of losses at the cause of joining on the over pumped Trump coin, and later that they have to withdrew their money from it and its now turning a nightmare, we are by next time goin to choose wisely and stop following the crowd in many of these things.

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Re: 2025, The year of presidential memes....
« Reply #6 on: January 21, 2025, 09:45:20 PM »


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Re: 2025, The year of presidential memes....
« Reply #7 on: January 21, 2025, 09:45:44 PM »
It is indeed a crazy time that we have now that we are at the state where it's easy to create 60B market cap in a few days, surpassing the actual businesses value of some big names that countries have. It's crazy IMO.

I hope that the money made by different people in the cryptocurrency space stay in it and go into the more valuable/functional type of coin that has already existed for a while.

I think it's a bullish approach.

Yeah crypto thrives worth liquidity, I noticed some on chain selling on Trump, but with Melania it's slow..retraced and currently around $4

But honestly I'm not happy with the way market reacted to trump's inauguration..I expected a bullish spike ahah.. let's see how it goes..
It is indeed a crazy time that we have now that we are at the state where it's easy to create 60B market cap in a few days, surpassing the actual businesses value of some big names that countries have. It's crazy IMO.
It is not a real market cap. The success of a token in selling 1% to 10% of it does not mean that there is enough liquidity to sell all the tokens. Therefore, if there is a large supply, the market value indicator is useless or misleading. In simpler words, avoid taking the market cap indicator when the supply of the token is very large and listed on one or two platforms, the price and market capacity will not be real.

Oh really. What's the real mcap, I think it'll be difficult to get verified details because of volatility

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Re: 2025, The year of presidential memes....
« Reply #8 on: January 21, 2025, 09:58:47 PM »
Hype isn't actually a justification for a successful meme coin but unfortunately these days people basically use hype to judge how successful a meme coin is and in the end they end up getting liquidated. The meme coin ecosystem is basically just a math of a small group of winners in profit and a ton of newbies ending up in great loss.
There is basically not much difference between the melanin token and trump's already rugged meme coin. Just the regular thing of getting pumped over a time span and then boom they get rugged.
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Re: 2025, The year of presidential memes....
« Reply #9 on: January 21, 2025, 10:50:25 PM »
World leaders following suit on launching their own coin is difficult to say for now. However, the success of the Trump coin and Melania coin will tell whether other politicians will do the same or launch their own coin in the crypto space.

These few days of Trump and Melania coin have brought so much attention to the crypto space that someone can be rich or poor within a short term of investment. This has raised concerns about whether is it appropriate for a sitting president and his wife to launch a memecoin that has no utility

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Re: 2025, The year of presidential memes....
« Reply #10 on: January 22, 2025, 02:46:20 PM »
I think it is bullish for crypto, at least, it has made some buzz on various news platforms, social networks and others, creating more awareness and adoptions now and in near future.
Nevertheless, memes are actually part of the crypto economy but may lack sustainability on the long run. Meme coins are just fun tokens, though it has become an investments hubs this days, however, meme coins has a higher possibility to dump or crash if not manage properly by team.

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Re: 2025, The year of presidential memes....
« Reply #11 on: January 22, 2025, 03:29:28 PM »


And it's not below $4 and basically everyone that bought it at launch has lost half of his money.  :o
The whole thing is no longer a joke, is a nightmare and if things like this keep happening it will be the whole ecosystem that is going to suffer from it, whatever credibility we have gained in all those years it will be down the drain when the damn president of the USA is launching a meme token that turns into a rug pull and nobody from all those that made millions is found guilty of anything.


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Re: 2025, The year of presidential memes....
« Reply #12 on: January 22, 2025, 04:10:31 PM »
It is indeed a crazy time that we have now that we are at the state where it's easy to create 60B market cap in a few days, surpassing the actual businesses value of some big names that countries have. It's crazy IMO.
It is not a real market cap. The success of a token in selling 1% to 10% of it does not mean that there is enough liquidity to sell all the tokens. Therefore, if there is a large supply, the market value indicator is useless or misleading. In simpler words, avoid taking the market cap indicator when the supply of the token is very large and listed on one or two platforms, the price and market capacity will not be real.
I know that some coins are still locked, but the amount of money that went into the meme coin is so large that it reached an all-time high of $80 if I remember correctly, and that is from cents. So imagine the amount of money to push that price up and the actual market capitalization in circulation. You could easily calculate that, and it’s not going to be the clear indicator, but at least you have an idea of how much money is coming into that coin.
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Re: 2025, The year of presidential memes....
« Reply #13 on: January 22, 2025, 06:38:05 PM »
The crypto space has been chaotic these past few days. First, Trump launched a meme token that reached significant highs and is now ranging around $60, with a market cap in the billions. Bitcoin also hit an all-time high of $108.

Yesterday, his wife Melania, the incoming First Lady of the United States, launched her own token, which is currently trading around $10 with a market cap of over $4 billion and is already listed on exchanges.
https://x.com/MELANIATRUMP/status/1881094861279129643

Could this be a bullish sign for the crypto space, or could it have negative long-term effects? And do you think more world leaders go follow them into launching their respective meme coins??.
I don't see anything meaning in those coin as they are pure meme coin that can be easily be manipulated at any given time and we shouldn't expect anything productive in this coin rather than pump and dump, so to me while investing in such token or meme it's always advisable to keep finger crossed while trading and holding this memecoin these periods otherwise one could lose heavily holding them.

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Re: 2025, The year of presidential memes....
« Reply #14 on: January 22, 2025, 08:32:27 PM »
It could be a temporary bullish sign for the crypto space, but I doubt it will last long but it could last through Trump's term and then fade away.

Unfortunately people love these memes related to celebrities and influencers even though they have no value or project and prefer them over high quality coins with real value in themselves like Bitcoin, I hope this trend ends soon.

 

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