đąđşđ¸TRUMP coin surprised everyone: âThe US president gave the green light to all possibilitiesâđĽ
Jeff Dorman, co-founder of US-based digital asset company Arca, states that #TRUMP Coin is an "extremely optimistic" development for the crypto ecosystem. According to Dorman, the US president's individual token issuance and the storage of investors have opened the way for all possibilities by exceeding the deadlines.
According to Jeff Dorman, chief investment officer and co-founder of US-based digital asset company Arca, TRUMP Coin, which has made a big splash in recent days, has shown an "extremely bullish (optimistic)" development for the cryptocurrency market.
Emphasizing that these are the biggest obstacles the crypto sector has faced over the years, Dorman suggested that the presence of the name in the US presidential seat as both a token issuer and an investor has largely eliminated these coins.
Dorman said, "Although Trump has introduced only one use of the technology (memecoin), other potential individuals, institutions and information that will issue tokens will see much wider opportunities." In examples of this move, he stated that the rise following the "dot-com" boom in the 90s could start a similar period. Dorman commented, âWe are now officially past the âdot-cryptoâ phase of the blockchain.
The current usage unit of crypto comes from all crypto-specific companies, but then the whole world can find creative ways to use tokens. And in this growth, most of the existing bad tokens and distributions will die, but the biggest and best will grow in the market with new investors, issuers and users.â
Dorman, who said that TRUMP Coin companies can adopt a new capital creation and customer gathering method with the âtokenâ system for all institutions, including municipalities, universities and brands, said, âNew York, Harvard, Netflix also include their own tokens.â savings were used.
On the other hand, Dorman, who drew attention to the fact that this development may be a temporary situation that caused a âmeme coin frenzyâ while the trading volume was low over the weekend, stated that the pessimistic views about the cryptocurrency market are âa kind of trauma created by the shocks in 2022.â
Finally, Jeff Dorman argued that Trump Coin paves the way for crypto technology independent of meme coins, and concluded:
âI donât really care about meme coins or the TRUMP token, but the use cases of blockchain change are very important to me. And the President of the United States has now given the green light to all possibilities.â
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