US President Trump issued currency
Reprinted from jinse
01/19/2025·7days agoSpeed pass 30 billion US dollars
On the morning of January 18th, Beijing time, Trump’s social account launched his personal Meme currency TRUMP.
However, 12 hours later, GMGN market data showed that the market value of "Trump Meme Coin" TRUMP reached US$30 billion, surpassing PEPE and becoming the third largest Meme coin in market value. It also exceeded the market value of Trump's media technology stock DJT.
U.S. President-elect Trump plans to use his executive powers in his first days in office to reduce the regulatory burden faced by cryptocurrency companies and promote the adoption of digital assets, multiple people familiar with the matter said.
In the future, after taking office, U.S. President-elect Trump plans to issue an executive order to make cryptocurrency a national priority and establish a cryptocurrency advisory committee within the government to speak out for industry policies. Sources said the order is intended to guide government agencies in cooperating with the crypto industry and reflect its strategic importance. In addition, Trump’s team is also discussing halting cryptocurrency-related lawsuits at the federal level to promote the development of the industry.
Not only that, Trump is “open to the idea” of establishing a strategic reserve containing a U.S.-created digital currency.
While many in the cryptocurrency community are cheering Trump’s upcoming pro- crypto executive order, one proposal is sparking more controversy: the creation of an “America First” strategic reserve that would Priority will be given to US-created digital currencies such as Solana, USD Coin and Ripple. Trump has met with the founders of these digital currencies in recent weeks and, according to sources, is open to the proposal.
As Trump’s inauguration approaches, crypto industry executives are vying for access to Trump himself and seats on a planned cryptocurrency advisory committee.
As of press time, according to information provided by Dune, TRUMP’s various data are as follows:
TRUMP Token
The TRUMP token image originated from the photo taken when Trump raised his hands and shouted the iconic battle cry "FIGHT" after being assassinated on July 13, 2024.
The GetTrumpMemes.com website states that Trump Memes are intended to express support for and participation in the ideals and beliefs embodied in the "TRUMP" symbol and its associated artwork and are not intended to be the subject of an investment opportunity, investment contract, or security of any type.
Currently, it is launched on Moonshot and supports traditional payment methods such as Apple Pay, Visa, Mastercard, and Venmo.
As of the time of publishing, the current total retail inflow in Moonshot exceeds 170,000 US dollars.
In addition, its official website also wrote: "On July 13, 2024, President Trump faced death, but he stood up bravely! He waved his fists and issued the iconic battle cry "Fight, Fight, Fight", Showing the world what a leader is made of.
His strength and courage ignited a movement that became one of the most memorable memes of the century.
Now you can learn about your history. This Trump meme celebrates a leader who never backs down, no matter the circumstances. Join the Trump Community - We are all fighting for what matters. "
It is worth noting that CIC Digital LLC and Fight Fight Fight LLC, affiliates of the Trump Organization, jointly own 80% of TRUMP, but are subject to a 3-year unlocking plan. CIC Digital LLC and Celebration Cards LLC, owners of Fight Fight Fight LLC, will receive trading revenue generated from TRUMP trading activity.
Kara Calvert, vice president of U.S. policy at Coinbase Global Inc., said: “I think what Trump will do is show that the United States is back and we are ready to lead the way in this industry, which is a signal to other countries: Watch out or you will Will not be able to keep up.”
DWF Labs partner Andrei Grachev tweeted that Trump is doing the best marketing for the cryptocurrency market.
Greeks.live said the market maintains strong momentum ahead of Trump 's inauguration. Traders are wary of selling call options, with a general consensus that trying to buck the trend can be dangerous. Some traders noted the possibility of an overdone rally but believe the market is unlikely to see a significant pullback before the inauguration is over.
Looking to the future
Looking forward, with President Trump about to take office and planning to issue an executive order supporting cryptocurrency, the Web3 market prospects will be even brighter.
By easing the regulatory burden on cryptocurrency companies and promoting the adoption of digital assets, the TRUMP Meme Coin is expected to gain greater recognition and support around the world.
In addition, establishing an “America First” strategic reserve will further consolidate the United States’ leadership in the field of digital currency.
In the future, TRUMP Meme coin will not only become an important member of the cryptocurrency market, but will also lead a new financial revolution and promote the development of the global digital economy. Let us wait and see to witness this historic moment.