Trump launched $TRUMP, do you think this is a new opportunity in the cryptocurrency market or a personal wealth game?
On January 17, 2025, Trump launched his own cryptocurrency TRUMP. This is not just an ordinary cryptocurrency, but a new business strategy from him as a business tycoon. The release of Trump coin surprised many and instantly ignited the entire cryptocurrency market.
20% of the total amount of TRUMP released this time was released in advance, 10% to the team, and another 10% for liquidity. The remaining portion will be gradually released over three years, with distributions every three months. The purpose of this approach is to control the quantity of the currency, making the coins in circulation scarce, thereby driving up the value of the coins and providing higher returns for investors.
The way this cryptocurrency was released is very special because it leveraged the celebrity status to attract attention. This makes Trump coin not just a digital currency but an asset that benefits from a star effect.
The launch of TRUMP is not only a business attempt by Trump but also a significant move to leverage his influence to promote the development of the cryptocurrency market. It is likely to lead more celebrities into this market and may become a new investment tool in the future.
Some notable celebrity-effect coins include Musk's $DOGE, $MINIDOGE, and others. As the market value of $KOMA, the son of $SHIB, reaches 200 million, DOGE has soared, and the more powerful Dogecoin, how could its child $MINIDOGE fall behind? Like father, like son; optimistic about MINIDOGE, at least 1B in the bull market of 2025!