Trump, give the people of the world a big surprise

Trump shocked the world through his Truth Social and X (formerly Twitter) accounts, officially announcing the launch of his Meme coin TRUMP (Trump Coin).
Within just 12 hours of the announcement, the market value of "TrumpCoin" soared to 300 billion U.S. dollars, surpassing veteran cryptocurrencies such as Tron, Avalanche, Chainlink, and Shiba Inu. As a result, the prices of Ethereum and Bitcoin plummeted overnight.
The global financial market will enter a new era:
1. The trend of mainstream currencies such as Ethereum and Bitcoin will enter a period of chaos. 'Trump Coin' has soared in the short term, showing a high market heat. However, this growth is likely driven by speculative sentiment rather than the actual use or long-term value of the token. Its long-term value will depend on the actual use of the underlying project, market acceptance, and the evolution of regulatory policies.
2. The initial impact of this news may be limited to cryptocurrency, but it has definitely brought huge shocks to investors. Trump's tariff policy may also be rolled out in unexpected ways, which may cause some conservative investors to consider closing their positions.
3. TrumpCoin will become a closely watched indicator on Wall Street: As president, every major policy of Trump (especially decisions related to the economy, trade, and cryptocurrency) may directly affect the market performance of TrumpCoin. For example, if Trump announces tax cuts or cryptocurrency-friendly regulations, the market may react positively to TrumpCoin, and vice versa.
4. From a strategic perspective, Trump's launch of 'Trump Coin' before taking office seems to have greater ambitions - to make it a benchmark for traders, with relevance to the US stock market, US bonds, the US dollar, gold, and other markets. The short-term prospects of 'Trump Coin' depend on Trump's policy agenda, and once it becomes relevant to the global mainstream market in the future, its impact will be immeasurable. This is not only a commercial attempt, but also a bold experiment to disrupt the traditional financial market - linking political figures with highly volatile assets.
. Trump Coin could become a special market tool, serving as a betting tool for Trump's policies and potentially playing the role of a safe haven asset in specific scenarios (similar to gold).
The fluctuation or trading volume of Trump coin can serve as a barometer of market sentiment. For example, when the market is optimistic about Trump's policies, Trump coin may perform strongly; while in times of increased uncertainty, its price may fall.
.Once its trading volume is large enough, the fluctuation of Trumpcoin may even have an impact on the prices of traditional assets (such as US stocks or gold), especially in situations where market sentiment is highly consistent or liquidity is low.
If Trump Coin can expand its application scenarios, such as cross-border payments or as a medium for commodity transactions, its global influence will further expand.
Now this is a test of Trump's influence on the cryptocurrency market, and in the future it will be a test of his influence on the global market.