#TrumpCoin surges 25%#
Hot Topic Overview
Overview
Trump's meme coin "Trump" quickly became a sensation after its launch, reaching a market cap of $13 billion, making it the fastest-growing meme coin in history. However, Trump himself publicly stated, "I don't know much about it," causing market fluctuations, and the coin's price dropped over 30%. Despite this, the Trump family's crypto project, World Liberty Financial (WLFI), continues to buy TRX and stake its ETH on Lido, demonstrating confidence in the project. Additionally, the Trump family's crypto project, WLFI, has spent $168.4 million on six tokens, including ETH, WBTC, and TRX, over the past three days, attracting market attention. Although Trump's stance on the meme coin is unclear, its launch has sparked discussions in the crypto market and become a focal point of recent market attention.
Ace Hot Topic Analysis
Analysis
Trump's meme coin "Trump" plunged over 30% after Trump claimed "I don't know much about it," sparking questions about the team behind the coin and how it operates. Although Trump claimed to know little about the coin, he acknowledged its launch and said he heard it was very successful. However, media misinterpretations of Trump's remarks led to a change in market expectations for the coin, resulting in a price drop. Meanwhile, the Trump family's crypto project World Liberty Financial (WLFI) has spent $168.4 million on 6 tokens, including ETH, WBTC, and TRX, over the past few days, but is currently underwater. Nonetheless, the market remains optimistic about Trump's cryptocurrency policies and their impact on the crypto industry, believing he will be key to a market rally.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump admitted that he issued TRUMP coin and said it was very successful.
The Trump family's crypto project WLFI spent $168.4 million on 6 tokens, including ETH and WBTC, in the past few days.
Trump doesn't know much about TRUMP coin, but it has become the fastest growing meme coin in history, with a market cap of $13 billion.
Media misrepresented Trump's comments about TRUMP coin, causing market volatility.