The impact of Trump’s presidency on the cryptocurrency industry seems quite significant. He appointed officials who support cryptocurrency and collaborated with some industry leaders, even establishing related departments. It feels like the overall policy will become more friendly, which could be a boost for industry development.
Speaking of Trump meme coins, their emergence indeed created a wave of excitement. Not only are people within the industry discussing it, but even some who know nothing about cryptocurrency have started to pay attention. However, the characteristic of such meme coins is that they are highly volatile, relying on topics and emotions, making it hard to say whether they will succeed in the long term.
Things like meme coins can create a short-term buzz, but investing in them really depends on luck, and the risks are very high. If you want to make consistent profits in the cryptocurrency market, you still need to be cautious and not just chase fleeting trends.
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