What’s up, my beautiful people! 👋 Are you ready to gossip a bit about the crypto world? Because things are heating up with the TRUMP meme coin, yes, the one named after the one and only Donald Trump! It turns out that this little coin, which started on the Solana blockchain, is moving. You heard that right! Now it’s setting its sights on Tron, and this has everyone on edge. Why the change? And what’s the story behind all this? Let’s break it down!
Imagine that the TRUMP coin is like an artist trying its luck on another stage. After a somewhat wild debut on Solana, where it shot up like foam and then fell faster than a coconut in free fall 🎢, it now seeks to take advantage of the speed and the audience that Tron attracts. The idea is simple: reach more people and make more transactions, to see if they can revive the glory they had at the beginning! Its official account on X has already confirmed it, so it’s not just gossip.
But not everything is rosy, not at all! 😬 This is where things get spicy. Behind all this movement, there’s a character who is causing quite a stir: Justin Sun, the big boss of Tron. And why is this guy so important? Well, because he himself has said that he is the biggest owner of these TRUMP coins, with more than 18.6 million dollars in his possession! Moreover, the guy won a raffle to have dinner with Trump himself. Can you imagine? This has raised a lot of eyebrows, because some say this looks like a 'pay to play' situation, as if politics and cryptocurrencies are mixing in a way that doesn’t add up! 🤨
And the thing doesn’t end there, because there’s more! It turns out that the way the TRUMP coin is designed is a serious case of centralization. Two companies that are super connected with Trump, CIC Digital LLC and Fight Fight Fight LLC, hold 80% of all the coins! And worse yet, they are locked for three years. It’s like a small group has all the power and can do whatever they want with the price. Experts are already on high alert, warning about possible price manipulation. Even senators in the United States, like Warren and Blumenthal, are calling for regulations to prevent politicians from dubious monetization of cryptocurrencies. It’s a mess that I can’t even begin to explain! 🚨
So, even though the TRUMP coin is a meme coin that originated from internet and political trends, the truth is that it’s at a very strong crossroads. On one hand, it wants to expand and see if it rebounds, but on the other hand, it has to deal with all these ethical, decentralization issues and the upcoming laws. It remains to be seen if this change to Tron will make it rise like foam again or if it will stir up more controversy. What is certain is that this is not just any meme coin, so we need to stay alert! 👀$TRX $TRUMP
