The dinner, as a marketing event for the $TRUMP token, directly stimulated a short-term rise in the token's price, attracting a large number of speculators. The market reacted strongly to the gimmick of 'the president personally participating,' with some users viewing it as a 'pump' strategy, suspected to be led by market manipulators in the crypto space (such as Sun). Similar meme coins (like Dogecoin, Kekius Maximus) often experience short-term surges under celebrity endorsements, and $TRUMP further amplified this effect through Trump's personal influence. The news of the dinner drove a surge in trading volume on the Solana blockchain, as $TRUMP is a meme coin issued on the Solana blockchain. Binance's Solana assets were briefly emptied, indicating a migration of funds from centralized exchanges (CEX) to decentralized exchanges (DEX), benefiting the Solana ecosystem. On-chain data shows that the trading volume and liquidity of $TRUMP significantly increased after the news was announced, attracting more players to participate on-chain. It is believed that Trump's personal involvement in the crypto project and hosting the dinner enhanced the attraction of cryptocurrencies for traditional finance and US stock investors. Other users predict that US stock investors may enter the crypto space due to the wealth effect of $TRUMP, bringing in new funds. Mainstream media coverage of the dinner further expanded the event's influence, potentially attracting non-crypto-native users to pay attention to the crypto space. The success of $TRUMP may trigger a new wave of political meme coin fever, predicting that more meme projects related to Trump or politics will emerge in the short term, further boosting market sentiment. However, the high volatility and speculation of meme coins may also lead to market differentiation, with quality projects (like the Solana and Ethereum ecosystems) benefiting, while low-quality projects could quickly go to zero. The benefit for the Solana ecosystem: Trump's choice to issue $TRUMP on the Solana blockchain and launch it through DEX (like Jupiter, Meteora) marks a trend towards the mainstreaming of on-chain trading. It is believed that this is a significant benefit for the Solana ecosystem, potentially weakening the short-term competitiveness of the Ethereum ecosystem. In the long run, Solana's high performance and low costs may attract more meme coins and DeFi projects, further consolidating its market position. The rapid pump and lock-up requirements may raise suspicions of 'cutting leeks,' warning retail investors not to chase high prices, as prices may retrace after the dinner hype. Historical data shows that 99% of meme coins eventually go to zero, and the long-term value of $TRUMP depends on Trump's continued endorsement and actual project progress. Market volatility: the price of $TRUMP is highly volatile, with early investors making substantial profits, but late buyers may face the risk of losses. It mentions an investor who made about $3.8 million less by selling 20 hours early, highlighting the timing risk in meme coin investments. Regulatory uncertainty: although Trump promotes crypto-friendly policies, his aggressive tariff policies (like a 25% tariff on Canada and Mexico) have recently led the crypto market to decline in sync with the global stock market, affecting both $TRUMP and Bitcoin. Future regulatory policy uncertainty may pose a potential threat to $TRUMP and the entire crypto space.