U.S. President Trump, who will officially take office in two days, chose to issue the Mystery Coin on the Solana (SOL) blockchain at a time when most people predicted that the currency circle would be at a high point. Trump, who is known as the King of Understanding, is by no means in vain. ! Of course, as a public figure with a lot of traffic, issuing NFTs or tokens, or even just a popular topic MEME, is nothing new in the currency circle. Even if you don’t issue it yourself, there will be local projects to help you. Instead of being inexplicably regarded as a scapegoat or tweeting about other currencies, it would be better for Trump to issue his own currency and realize his direct influence. As a government leader and ordinary celebrities, issuance of currency may have an impact on the cryptocurrency market. Come to more influences~

Positive impact

1. Increased market attention and recognition:

As a globally recognized political figure, Trump's issuance of tokens will attract significant media and public attention, drawing more new users into the cryptocurrency market and expanding market participation and awareness.

2. Directly promoting the development of the Solana ecosystem:

Trump's decision to issue tokens on Solana will likely attract other celebrities or institutions to consider using that blockchain, further promoting the ecosystem and value growth of Solana, which may indirectly boost Ethereum, which has performed poorly in this bull market.

3. Triggering more integration of traditional assets and blockchain:

This move directly fulfills Trump's campaign promise and will promote more well-known brands and individuals in traditional fields to venture into the cryptocurrency space in the future, boosting the mainstream process of NFT and RWA (real-world asset) tokenization.

Negative impact:

1. Increased market volatility:

Due to Trump being a controversial leader, his token issuance may trigger emotional market reactions, causing short-term volatility and uncertainty in the cryptocurrency market, while traditional market speculative funds becoming more concentrated could indirectly affect institutional investments in cryptocurrency ETFs.

2. Potential regulatory challenges:

The issuance of tokens by a leading figure may attract the attention of regulators; before the relevant laws in the digital asset sector are fully developed, it may create a negative perception of players also acting as referees in the market, leading to a more traditional financial market-oriented development of the entire cryptocurrency market, especially concerning compliance with securities laws.

3. Brand trust risk:

If Trump's token issuance fails to meet market expectations or encounters any mismanagement or controversy, it could damage investor confidence in the cryptocurrency market, particularly in trust towards Solana. This is what many people are concerned about; after all, there are an astonishing number of local dogs issuing coins under Trump’s name~ those who haven’t been cut are not considered insiders...

4. Potential market bubble risk:

The celebrity effect may lead investors to over-speculate, ignoring fundamental value analysis, which could exacerbate market bubble risks and negatively impact the long-term stability of the market. At present, it seems that Trump's coin is not deeply linked to his group or surrounding businesses; one day, if he suddenly tweets, the coin price could drop directly by over 60%~ so don't be too surprised, he is indeed the king of understanding!

At this moment, Trump's issuance of tokens on Solana could bring both opportunities and challenges; ultimately, the market must return to the token's economic model, practical use, and observe the overall interpretation and reaction of the market to this event over a certain period. This is the cryptocurrency world, this is meme coin, Maybe it's just for fun, and wish you have fun🫣

#TRUMP #meme板块关注热点 #特朗普上任前风向分析
$SOL