🚨BREAKING: Trump Launches Memecoin
Everyone is losing their minds and completely missing the plot. What you need to know & why it's important.
hey, it’s Marc. We usually don’t cover news, but this is important.
What happened: Trump, the soon-to-be President of the United States, launched a memecoin on Solana on Friday night. It rose to $30B in market cap within hours and sucked liquidity out of the whole market. Memecoins have had their moment in 2024 – but this time it’s different.
Even people deep in crypto are completely stunned by what just happened. All of this is crazy from every perspective.
One thing is clear: it couldn't be more bullish for America as a crypto hub.
TRUMP token just signaled to every company, municipality, person & brand that crypto can now be used as a capital formation and customer bootstrapping mechanism.
David Sachs, the former PayPal guy, big Solana holder, and now part of the administration as a crypto advisor, yesterday at the "Crypto Ball" organized by Eric Trump:
“The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun.”
All of this happens 3 days before Trump’s inauguration and during a major shift in US crypto policy.
This week, Trump made crypto a national priority, eying a US crypto reserve including Solana, XRP, and Bitcoin.
Either:
- this experiment will completely blow up, making retail the exit liquidity for the Trump Family
- or this coin will be worth $100B+, bring millions of people into crypto, make many, including Trump, extremely rich, and kick-off a new era of power formation.
In any case: This will go down in history and EVERY company, brand, politician, and regulator needs to look at this.
has been pointing this out for months now: Memecoins are more than memes. They have massive network effects, carry cultural capital, flipping the concept of value on its head.
This is just the start. 2025 is about to get crazier.
Mark my words.
Continue the discussion in our chat! 👇
Read more on Memecoins
Marc Baumann
Open questions
How is this regulated?
It’s not. The coin was launched on pump.fun, a platform where thousands of coins are launched every day.
Is this a scam?
No. Donald and Eric Trump have announced it both on their X accounts.
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