At this point, it seems like Trump “ deceived” people by being bullish on crypto to get votes before the election. Before the election, we saw Trump attending different crypto events and meetings, speaking about Bitcoin and his future plans for crypto.

For now, or in the meantime, we can’t really see anything impactful Trump is doing to the market.

Before the inauguration, Trump created a meme coin and posted it on his official X account.

This meme coin caused a lot of FOMO and resulted in huge losses; people lost a lot of money on that meme coin.

We strongly believe it is as a result of his meme coin that PEPE and WIF fell greatly.

We believe the major reason why Bitcoin crossed $100,000 in the first place is because of FOMO. People were buying, investors were buying, and nobody was selling because the next president of the United States of America was bullish on Bitcoin, and he could probably run Bitcoin to $250,000.