The crypto market is experiencing a massive shock: the prospective president issues coin, sparking heated discussions.

The crypto market has recently迎来 a storm unprecedented in history. On the eve of his impending inauguration, Trump suddenly announced the launch of his personal Meme coin, TRUMP. This move not only set a precedent for national leaders issuing personal digital currencies but also brought a milestone moment to the world of encryption.

Once the news was released, the TRUMP coin market reacted exceptionally fiercely. Within just a few hours, its price skyrocketed by 1250%, reaching a peak of 80 dollars, with a first-day market value exceeding 20 billion dollars, setting a new record for the growth rate of encryption market capitalization. This surge brought considerable profits to many early participants and also sparked widespread discussions globally.

It is worth noting that First Lady Melania Trump has followed suit by launching a MEME token named after herself. This series of actions has sparked speculation about whether the Trump family will shift from the real estate sector to the crypto market, while also raising questions about potential profit motives behind it.

Trump announced the issuance of TRUMP coin on the social platform he founded for the first time and provided purchasing channels. Although the initial market was skeptical about this news, fearing that the account might have been hacked, the market value of TRUMP coin still skyrocketed to $2 billion within just half an hour. When Trump confirmed this news on another social platform, the market went into a frenzy.

The issuance of TRUMP coin is based on the Solana blockchain, and the officials claim that it is to commemorate Trump's iconic image after a crisis event. To attract a broader range of investors, the coin offers multiple payment options, including traditional payments and encryption payments.

From the perspective of token allocation, Trump and his related enterprises will occupy 80% of the token share, which raises doubts in the market about their true intentions. Although the officials declared that the project is unrelated to politics and is merely to express support for a specific idea, such a statement is difficult to dispel public concerns.

This event has a profound impact on the crypto market. It may not only inspire other national leaders to follow suit but also opens up new channels for political donations. At the same time, it highlights the important status of encryption in the eyes of high-level decision-makers, injecting new expectations for the development of the crypto market in the next four years.

The success of TRUMP coin has also driven up the prices of other related coins, such as Bitcoin and Solana. However, this疯狂的市场反应 has also raised concerns about bubbles and speculative risks.

Trump's move has drawn considerable criticism. Some have pointed out that this behavior blurs the lines between presidential duties and personal business interests, potentially leading to conflicts of interest. Even within the crypto market, there are voices that believe this approach could be detrimental to the industry's development.

In fact, leveraging personal influence for business operations is not Trump's first attempt. From naming universities and hotels to issuing NFTs, and now to MEME coins, Trump has been seeking ways to convert personal influence into commercial benefits.

It is worth mentioning that the Trump family seems to be making a full-scale entry into the encryption field. Following the issuance of TRUMP coin, First Lady Melania Trump has also launched her own MELANIA token, further strengthening the Trump family's presence in the crypto market.

However, the market does not blindly favor this continuous issue coin behavior. After Melania launched the token, the price of TRUMP coin saw a significant drop, with its market value evaporating by billions of dollars in a short period. This reaction seems to suggest that the market is wary of political figures frequently issuing coins.

Although Trump's move has sparked controversy, from the perspective of existing laws, the U.S. Constitution does not explicitly prohibit the president from using personal influence to gain benefits, especially in the crypto market where regulations are still unclear.

This event undoubtedly opens a new chapter in the intersection of politics and encryption. It is foreseeable that more political figures may follow this practice in the future. However, whether this will become a long-term sustainable trend or just a temporary frenzy is still difficult to conclude.

As Trump's inauguration speech approaches, the attention on the crypto market may further rise. However, investors need to remain cautious, weighing the potential high returns against the high risks.