Planeta Azúl
--
Many are wondering why the vast majority of altcoins are seeing their price fall and fall without any apparent bottom. The answer is simple: the "OFFICIAL TRUMP" memecoin has brought an exorbitant amount of 7 billion dollars to its coffers up to this hour. That money, along with that of "Melania", the other TRUMP memecoin, came from the capital of the altcoins. To this we must add the money that is going to Bitcoin. Whether unintentionally or not, Donald achieved two historic events:
1. He formally converted the cryptoasset market, where from now on memecoins will prevail. Obviously, not the existing ones, but memecoins that celebrities and influencers from all over the world will put up for sale. As in the case of the Argentine president's memecoin, he will be followed by rock stars, actors and actresses, clothing brands, and anyone who believes that their image or prestige can be made into a memecoin in their image and likeness.
2. He achieved what everyone expected, which was not an executive order from TRUMP ratifying his support for altcoins. They have seen that it was not necessary, he actually did it, and there was no need for him to talk about cryptocurrencies in his speech. When he stood on the podium, 20 billion dollars in profits were counted for Donald for his official memecoin.
So what we are seeing is the FOMO of millions of crazy humans throwing their money into the TRUMP family's memecoins. With TRUMP's high ego, he will want to compete with Bitcoin and will not give up space so easily to the super cryptocurrency. The question is whether TRUMP will be able to wage a battle in his imagination against Bitcoin or will he give in to synderesis and comply with creating a Bitcoin reserve. Because to create a Bitcoin reserve, Donald could create a reserve of his own currency. He has already been told that this is not constitutional. We shall see what happens.
For those asking when altcoins will at least regain their price range, it will happen when TRUMP's FOMO allows it.
1. He formally converted the cryptoasset market, where from now on memecoins will prevail. Obviously, not the existing ones, but memecoins that celebrities and influencers from all over the world will put up for sale. As in the case of the Argentine president's memecoin, he will be followed by rock stars, actors and actresses, clothing brands, and anyone who believes that their image or prestige can be made into a memecoin in their image and likeness.
2. He achieved what everyone expected, which was not an executive order from TRUMP ratifying his support for altcoins. They have seen that it was not necessary, he actually did it, and there was no need for him to talk about cryptocurrencies in his speech. When he stood on the podium, 20 billion dollars in profits were counted for Donald for his official memecoin.
So what we are seeing is the FOMO of millions of crazy humans throwing their money into the TRUMP family's memecoins. With TRUMP's high ego, he will want to compete with Bitcoin and will not give up space so easily to the super cryptocurrency. The question is whether TRUMP will be able to wage a battle in his imagination against Bitcoin or will he give in to synderesis and comply with creating a Bitcoin reserve. Because to create a Bitcoin reserve, Donald could create a reserve of his own currency. He has already been told that this is not constitutional. We shall see what happens.
For those asking when altcoins will at least regain their price range, it will happen when TRUMP's FOMO allows it.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
157
0