#Trump100Days Hey, everyone! Let's have a chat about the first 100 days of Trump back in the presidency. The guy made a strong entrance in the crypto world, but did he deliver everything he promised?
Right off the bat, Trump launched the memecoin $TRUMP, which skyrocketed over 50% after announcing an exclusive dinner with the biggest holders. The promise of a meeting with the president attracted investors, but also raised ethical questions about the mix of politics and investments.
Additionally, World Liberty Financial, a DeFi project supported by Trump, claimed to have over 100,000 registrations before the launch of the WLFI token. The platform promises loans, liquidity pools, and transactions with stablecoins, but faces criticism over centralization and conflicts of interest.
In the regulatory arena, Trump appointed pro-crypto leaders to the SEC and CFTC, resulting in actions like the dismissal of cases against major companies in the sector. However, the market is still waiting for clearer and more comprehensive regulations.
In the meantime, the price of Bitcoin has dropped about 10% since Trump's inauguration, frustrating expectations of an immediate boom in the crypto market.
In summary: Trump stirred up the crypto world with launches and appointments, but there is still a way to go to fulfill all the promises. Stay tuned, because the next chapters promise!