Trump's Meme Coin has achieved great success. Who will be the next issuer of the "Presidential Coin"?

Author: angelilu, Foresight News

After Trump released the presidential token TRUMP, a new track of "presidential token issuance" was opened, and meme coins were also given a political hue.

Will this crazy, global "money-making" performance art attract other presidents to follow suit? Presidents seem to have no reason to refuse; the success of the Trump token not only garnered unprecedented media attention but also showcased a brand new mode of "political" participation, with young people more inclined to express their political stance in the Web3 space. This trend is forming a "demonstration effect," with no political figures willing to fall behind in this new track, missing the opportunity to use their influence to create an innovative and contemporary image, while also activating the enthusiasm of their supporters and forming closer community ties. Perhaps "presidential token issuance" will evolve into a digital movement symbolizing identity recognition and value consensus.

The Most Likely Follow-Up President: El Salvador President Nayib Bukele

In the global political token race, El Salvador President Nayib Bukele (@nayibbukele) is undoubtedly the next candidate to watch for token issuance. As the world's first national leader to adopt Bitcoin as legal tender, Bukele has already proven his innovative courage and execution in the crypto space. From promoting the national monetization of Bitcoin to launching the "Bitcoin City" and "Volcano Bitcoin Bond" initiatives, Bukele has shown a strong willingness for cryptocurrency innovation, and he has a large following in the crypto industry on X. Issuing a "presidential" or even a "national" token could be a natural next step. If Bukele's token issuance is successful, it will also set a new benchmark for financial innovation in other emerging market countries.

Anti-Inflation Fighter: Argentina President Milei

Argentina President Javier Milei (@JMilei) has publicly expressed strong support for Bitcoin in the face of Argentina's worsening inflation crisis, viewing it as a powerful tool against inflation. His identity as a "libertarian warrior" aligns closely with the decentralized ethos of cryptocurrency, advocating for the reshaping of Argentina's financial system through market liberalization and digital currency innovation, making him a likely candidate to be the most explosive presidential token issuer after Trump. Given Argentina's severe economic situation, a presidential token could also become an alternative asset to combat the depreciation of the peso.

Wartime Innovator: Ukraine President Zelensky

In the unique context of wartime, Ukraine, as the first country to utilize cryptocurrency fundraising on a large scale, has its president, Volodymyr Zelensky (@ZelenskyyUa), as a strong potential candidate for issuing a presidential token. Since the outbreak of conflict, the Ukrainian government has successfully raised hundreds of millions of dollars in aid through cryptocurrency, demonstrating the practical value of crypto assets in times of crisis. If Zelensky were to issue a political token, it would not only serve as a fundraising tool but could also become a new form of digital diplomacy to garner international support. This innovation could align with Ukraine's ongoing digital transformation, providing new financing channels for post-war reconstruction.

The Most Dramatic: Impeached South Korean President Yoon Suk-yeol

In South Korea's unique cryptocurrency ecosystem, the public has a high level of enthusiasm for crypto, with a large participation base. Although President Yoon Suk-yeol (@President_KR) was arrested due to a state of emergency, the community still believes there is a possibility for him to issue a presidential token. For him, riding this wave of popularity might win him support from certain segments of the public to improve his current situation. The high level of public participation in crypto, combined with the social media dynamics of political topics, provides fertile ground for presidential tokens to "grow." Furthermore, the Yoon administration has previously shown a friendly attitude towards Web3, planning to establish a comprehensive cryptocurrency regulatory framework.

African Crypto Pioneer: Central African Republic President Touadera

The Central African Republic, as the second country after El Salvador to adopt Bitcoin as legal tender, has its president, Faustin-Archange Touadera (@FA_Touadera), as a strong candidate. His vision extends beyond the adoption of Bitcoin; he aims to transform the country into Africa's cryptocurrency hub, attracting international crypto companies and creating job opportunities. If he were to issue a "presidential token," it could be an important step toward realizing this vision, providing a testing ground for the country's digital transformation and attracting global crypto investors' attention, potentially opening new development paths for infrastructure-deficient countries.

EU Digital Innovation Advocate: France President Macron

During his campaign, President Macron (@EmmanuelMacron) expressed a desire to make France the Web3 center of Europe. Although he has taken few measures in the crypto space since then, community users speculate that any move he makes regarding a presidential token will have far-reaching implications for all of Europe. If Macron chooses to issue a political token, it is likely to be done in a more regulated and conservative manner, possibly positioning it as an experiment in digital political participation, which could be a potential path for advancing political token innovation under the EU's strict financial regulatory framework (MiCA).

Others

In addition to the aforementioned presidents who have made high-profile appearances on the Web3 stage, there are some "low-key presidents" enthusiastically nominated by netizens. Although they have not made any official moves in the Web3 space, they may be quietly observing and waiting for the right moment:

Former Singapore Prime Minister Lee Hsien Loong (@leehsienloong)
Costa Rica President Chaves (@RodrigoChavesR)
South Africa President Ramaphosa (@CyrilRamaphosa)
Brazil President Lula (@LulaOficial)
Mexico President Obrador (@lopezobrador_)
Pakistan President Alvi (@ArifAlvi)
India Prime Minister Modi (@narendramodi)
Malaysia President Anwar (@anwaribrahim)
Philippines President Marcos (@bongbongmarcos)
Spain King Felipe VI (@CasaReal)

Conclusion

The price of TRUMP surged to $80 billion but fell back to $6.9 billion due to news about the First Lady token. Imagine if presidential tokens really develop into a unique political token market in the future; then the large-scale adoption of cryptocurrency would no longer be far off, with presidential tokens representing the most influential individuals in each country, endorsing and advocating for cryptocurrency.

As for investment strategies, there are no shortage of scams related to presidential tokens, and users need to be cautious in their discernment. When the next real opportunity arises, will you choose to be a "reckless" investor, going all in on a new presidential token? Or will you be a "cautious" one, first researching this president's "reputation" and their country's attitude towards cryptocurrency (although everyone knows that by the time you figure it out, the market may have already run away)?

Reference link: https://x.com/GemFactory24/status/1880898636458192941

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