#TRUMP Volume Breaks Record#
Hot Topic Overview
Overview
Trump's meme coin, TRUMP, has sparked a huge market frenzy since its launch, with its on-chain trading volume exceeding $7 billion in 24 hours, surpassing the total trading volume of Ethereum and all its L2s. TRUMP's price has also hit a record high, potentially increasing Trump's net worth by 5 times. This event has also brought attention to on-chain transactions in the crypto industry, with exchanges like Bybit stating they will focus on building Onchain Bybit to adapt to the Web3 development trend. While the future of TRUMP is uncertain, its popularity and influence cannot be ignored.
Ace Hot Topic Analysis
Analysis
Trump's meme coin, TRUMP, has sparked a massive market frenzy since its launch, with on-chain trading volume exceeding $7 billion in 24 hours, surpassing the total transaction volume of Ethereum and all its L2s. TRUMP's market capitalization skyrocketed to $30 billion overnight, and its price hit an all-time high, boosting Trump's net worth by $22 billion overnight. While TRUMP's price has experienced some pullback since launch, its trading volume remains high, indicating strong market interest in the token. Some analysts attribute TRUMP's success to Trump's personal brand effect, celebrity effect, topic-of-the-day status, and market timing. Others believe TRUMP's success is a flash in the pan, and its price is likely to plummet soon. Currently, the market holds divergent views on TRUMP's future trajectory, but it's undeniable that TRUMP's emergence has had a significant impact on the cryptocurrency market.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's meme coin TRUMP has generated huge market buzz since its launch, with trading volume exceeding $7 billion, even surpassing the total transaction volume of Ethereum and all its L2s.
The launch of TRUMP has attracted a large influx of capital, driving the prosperity of the Solana ecosystem and prompting reflections on the application of cryptocurrency in the political sphere.
The success of TRUMP has also sparked discussions about meme coins, with some believing it represents the future of cryptocurrency, while others consider it a mere bubble.
The launch of TRUMP has also ignited discussions about cryptocurrency regulation, with some advocating for stricter government oversight, while others favor maintaining a free market.