On January 18, Trump launched "Trump Coin", and on January 20, Melania launched "Melania Coin". After the latter was launched, the former plummeted by 41.4%.

The rise of $TRUMP Trump Coin may bring disaster to the cryptocurrency market for the following reasons:

- Disordered pricing system: If celebrity meme coins such as $TRUMP Trump Coin are popular, technical cryptocurrencies will be revalued, and some currencies may collapse due to capital withdrawal.

- Disorderly wealth creation: If $TRUMP Trump Coin brings wealth creation effect, other celebrities may follow suit to issue coins, and the currency circle will become a celebrity ATM, and the order will be in chaos.

- Market stigma intensifies: Although there is speculation in cryptocurrency, the mainstream is technological innovation. Excessive hype of $TRUMP Trump Coin will make the market be regarded as a purely speculative field, and its reputation will be damaged.

- A sharp increase in regulatory risks: People who are hostile to Trump may vent their anger on the cryptocurrency market, prompting stricter regulation and restricting market development.

The inherent ideology and legal awareness of the Chinese people make the Chinese people feel that issuing currency is against human ethics (cutting leeks) and violates the law, which is also why the Chinese people feel so incredible and shocked when they see Trump posting memes.

But think about it, the United States has no supervision at all. If there is supervision, Brother Sun can't be fine until now. Trump just took advantage of the loopholes in the currency circle and made money desperately in the currency circle. And it is obvious that in the next four years, he will make a lot of money, because he is a businessman and he is the boss. It is hard to imagine how much he can make without supervision and constraints.