Trump has shown what social capital tokenization really looks like.
The trend will only intensify.
Soon we will see other famous public figures start launching their tokens.
This is positive in the long term, because he is bringing a lot of new people into the market, but then it will erode liquidity and lead to dispersion and pvp, lowering the valuation of each new lunch.
The big established memes will have an advantage, since they already have wide access to the markets and an army of communities.
And I would also closely monitor the next high-profile lunch like this.
If the person who will hold it has enough popularity and sympathy from the masses, then the market, which felt FOMO and missed Trump, will also quickly send the new token up. #TRUMPOnBinance $SOL