The emergence of TRUMP Coin, backed by CIC Digital and associated with Donald Trump, has shaken the cryptocurrency world. In just 24 hours, the coin achieved a market cap of $73 billion, surpassing DOGE. This rapid rise signals the growing overlap between politics and digital currencies. TRUMP Coin is built on the Solana blockchain, attracting a large base of Trump supporters. However, concerns over market manipulation and centralization persist, as 80% of the coin’s supply is controlled by CIC Digital. The launch may prompt new regulatory changes, as governments reconsider cryptocurrency's role in political engagement and fundraising. Solana’s scalability also helped handle the enormous trading volume. The future of TRUMP Coin depends on how it manages its token supply and whether it can sustain its initial success.
https://issueinside.blogspot.com/2025/01/how-trump-coin-could-spark-new-era-in.html
How TRUMP Coin Could Spark a New Era in Crypto Regulation
TRUMP Coin's rapid rise brings political influence into the crypto world. ⓒ Reuters TRUMP Coin: A New Era in Cryptocurrency? The emergenc...
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