- Within 60 hours of its establishment, the MICON currency increased by more than 300% and reached FDV at a value of $ 70 billion.
- Memecoins acquired 30.67% of attention in 2024, making it the story of the most famous cryptocurrency.
During the weekend that preceded its inauguration, the MIM Coin coin associated with President Trump was the talk of the cryptocurrency scientist and outside it. Late Friday, Trump revealed the Solana -based MIM Currency via his Truth Social accounts and X.
the mail Read:
“The new official Mimi Trump is here! It is time to celebrate everything we represent: win! Join the very distinguished Trump community.”
Within 60 hours of its establishment, the MICON currency increased by more than 300% and reached a fully diluted evaluation (FDV) of $ 70 billion. Although the market has already regained some of its gains after the installation, Trump’s dollar is currently ranked 29th Queengico Measurements and have a market value of $ 6.8 billion.
Through the financial market gap and encrypted currencies, this development generated excitement and criticism. Supporters of this step confirm that it is a positive indication of the Trump administration’s commitment to strengthening innovation in the field of encrypted currencies, while opponents are concerned about the lack of clarity in the border between Trump’s personal projects and his position as president.
Both sides have good points, of course, but if you are watching the scene of encrypted currencies for a period of time, you are sure that you realize that $ TROMP revolutionized the MIM Coin market. First Lady Melania also revealed her MIM Coin currency, although she did not perform well like Trump. This is the first time in the history that a current president has created Memecoin.
A favorable era for memecoins currencies
Mimi currencies Get 30.67% of attention in 2024, making it the story of the most famous cryptocurrency. The other 19 parts divide the remaining interest.
Interest in this market has grown more since the launch of $ Trump; Recent statistics from ChainalGy show that 50 % of $ TROMP and $ Mellania have never bought an alternative currency on Solana. In fact, on the day of purchase, 47% of customers created a portfolio.
Source: Chenalisis
Among the reasons is the effect of individuals such as President Trump. More importantly, his administration promised to make “America the capital of cryptocurrencies in the world.” As the head of the Securities and Stock Exchange, Gary Ginsner is overwhelmed with the opportunity to make a way to Paul Atkins, a fan of encrypted currencies.
In addition, executive to request This decision, which was recently issued by the President of the United States, will encourage wise expansion in the digital asset sector.
Part of the matter reads:
“The digital asset industry plays a decisive role in innovation and economic development in the United States, as well as the international leadership of our country. Therefore, my administration policy is to support responsible growth, use digital assets, blockchain technology and relevant technologies in all sectors of the economy.
The United States is expected to start the process of creating a governmental organizational framework to direct developments in the field of digital assets when this becomes valid. One of the most important parts discusses the formation of the president’s work team on digital asset markets, which will be decisive in setting the legal framework and performing other duties, including the feasibility assessment of building a national stock of digital assets.
And with the mode of the memexin’s currencies better to attract a wider range of investors, these regulations are likely to benefit the broader encrypted currency market.
What are the meme’s currencies that will ride the Trump wave?
Regarding the guessing narration, it is very clear that the mimic currencies that have gained popularity have a “amazing” factor behind them.
This is the case with the “mentioned” mimic currencies of Elon Musk, including Doge and LadiesAnd $ trump, only one month old. Since “Musk” posted a picture of a woman with the lines, “there is no MIM. tweet It caused a sharp increase in the value of Ladys.
Some of the examples that are likely to follow Trump’s direction are these nimeitary currencies, but why exactly? First of all, Elon and Trump will play important roles in the upcoming US government; Any procedure they do may lead to a series of speculative events. What is the best way to join culture by purchasing “dependent” mimic currencies?
It is also expected that the pioneering MMCin projects will flourish well, especially those that deal with animal or internet cultures such as MG Coin, Popcat and Shiba Inu.
Given that the total value of the cryptocurrency market exceeds approximately $ 4 trillion, the current market value of the $ 115 billion MIM is indicating that there is still a major field of development. The bias against digital currencies is likely to diminish now after Trump took office, attracting a great deal of funding from other encrypted currencies that have less attention.
conclusion
Since Elon Musk began making jokes about DOGE, the ecosystem of the MICON currency has evolved significantly. Musk is not the only one that affects the fluctuations of the memecoin prices these days; President Trump and other powerful individuals also adopt this trend.
This precedent is likely to pave the way for the next wave of MICON currencies, as personal sects will be used to achieve financial gains through the MICON market in addition to its social value.
It would be great to see how important it is to respond to the NIA currencies such as Shiba Inu, DOGE, Ladys, Pepe and Trump for the upcoming legislative changes in the United States. Will they reap the greatest rewards? The time will be determined, but based on the current trends, the MICoin sector is expected to witness significant growth during the second period of Trump.
Involve
