Truth Social, Trump's digital utopia, appears to be a social platform, but in reality, it seems more like his personal showcase. Through the Trump Media & Technology Group (TMTG), he firmly holds the position of the largest shareholder, wielding absolute discourse power. Clicking on the Trump account, you will see him like a perpetual motion machine, wildly posting, discussing politics, attacking opponents, and throwing out 'golden phrases,' while fans like pilgrims fervently like and share.
He once boasted: "Truth Social is where TRUTH lives!" Listen, how stirring! The comment section instantly fell into chaos, with hot comments flooding in, resembling a digital carnival.
This platform is born from Trump's unwillingness to be 'swept out' by Twitter, becoming his battlefield to regain the 'microphone.' Now, Truth Social announces it will launch a coin within 72 hours, and the news exploded like a firework, stirring discussions in the crypto circle. Launching a coin? Haha, Trump is about to start 'cutting leeks' again or is he preparing to build his 'blockchain empire'?
Coin launch timing: Genius or speculation?
The timing of Trump's coin launch is eyebrow-raising. The crypto market has just started to recover from a harsh winter, with liquidity beginning to warm like a trickling stream. He immediately throws out the new coin, precisely positioning himself as a 'windcatcher.' This isn’t an ordinary coin launch, but another act of him elevating the 'celebrity effect' to new heights.
His tactics are seasoned: throw out a hot topic, ignite emotions, and harvest traffic. Just like he raises his fist and shouts slogans at campaign rallies, hitting the fans' hearts every time, this time he has moved the battlefield to the blockchain, targeting the wallets of speculators. His name is a money magnet, capable of inflating the coin price to the clouds in the short term. But is this heat real gold or just a bubble?
Ambition and joke: the 'Trump show' on blockchain
This new coin is rumored to be linked to World Liberty Financial's $USD1 stablecoin, claiming to rely on U.S. Treasury bonds, as stable as a vault. But don’t rush to applaud; this is merely a piece of Trump's 'Truth Empire' puzzle. From Truth Social's 'self-entertaining' platform to Truth+'s streaming dream, and then to digital wallets and ETFs, he seems to want to imprint the name 'Trump' in every corner of the blockchain. The ambition is as grand as a Hollywood script!
But this script has quite a few loopholes. The $USD1 was embroiled in trouble right after its launch, with Democratic heavyweight Elizabeth Warren directly firing back: "Trump's stablecoin? Just a new guise for a family business, and it might hide corruption behind it!" Not to mention the rumors of the "$2 billion Abu Dhabi deal," where someone on X sarcastically remarked: "Middle Eastern tycoons using Trump's coin for transactions? This plot wouldn't even be dared by a soap opera!" Laughs aside, political controversies and regulatory shadows have already cast a layer of mist over this coin.
Fever and traps: Who is paying for the 'Trump dream'?
This wave of coin launch has obvious advantages: traffic, heat, and short-term profits, combined, are enough to make speculators green with envy. If benchmarked against $TRUMP 140 billion in market value, even if the new coin only reaches one-tenth, a 14 billion market cap is enough for dreams. Trump's fan economy is like a perpetual motion machine, capable of pushing the price sky-high at any moment.
But turning over this coin, the other side is full of pits. The crypto market is like a casino; hot money comes swiftly and exits even faster. How long can the fans' enthusiasm last? No one knows. Analyst Kevin Lehtiniitty cuts to the chase: 'Launching a coin relies on fame, and the ecosystem relies on strength. Can Trump shake the positions of Tether and USDC?' A user on X, @otakustw, is more direct: 'This coin is trading on emotions, betting on luck; if it cools down, don’t cry injustice.' Political risks are more like a ticking time bomb; Warren's firepower is only a prelude. If regulators swing the big stick, this 'Trump dream' may turn into a joke.
The boss's view: Just watch the show, don’t rush to join in
As an observer, I must say that Trump's recent maneuvers exhibit both genius cunning and slippery opportunism. He is a master of traffic, always able to hit the sweet spot, making the brand 'Trump' thrive. This time, by launching a coin, he ignited market sentiment once again, worthy of being called a 'marketing textbook.' But this textbook teaches more about how to 'cut' rather than how to 'build.'
This coin may be Trump's another 'money-making magic,' or it could be another 'carnival dream' for his fans. The market has risks, trends fade easily, and the regulatory guillotine could fall at any time. Want to chase this wave of heat? Fine, but don’t forget to bring a parachute.
What about you? Will you applaud Trump's 'blockchain show,' or will you watch this traffic game with a cold eye? Grab a cup of coffee, quietly watch the show; perhaps it's wiser than chasing highs.
