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20 USDT
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#TRUMPWIN
#TRUMP
#DJT
#TCOIN
#TRUMP2024
How Donald Trump’s Pro-Crypto Policies Could Trigger a Market Shift
★The Trump Coin Frenzy:-
Over the weekend with the launch of two Trump-backed tokens buzzed the entire crypto space: Trump Coin (TRUMP) and Melania Coin (MELANIA). Both coins, built on Solana, took the market by storm. Trump Coin reached an $8 billion market cap within a day, with a $42 billion fully diluted valuation (FDV), while Melania Coin hit a $1 billion market cap and $5 billion FDV.
These coins have ignited a wave of retail adoption unseen since Dogecoin’s 2021 frenzy.
★Pro-Crypto Policies on the Horizon:-
Trump signed 80+ executive orders on his very first day however there are rumors that he will sign over 200 executive orders, many of which could favor the crypto sector. Key initiatives may include regulatory clarity for DeFi and ETFs, support for blockchain innovation, and even recognizing Bitcoin as a Strategic Reserve Asset. While large-scale Bitcoin purchases by the government seem unlikely due to budget constraints, leveraging the 200,000 BTC already held by the U.S. government could set a precedent for other nations.
★SEC Shake-Up Brings Optimism:-
Moving on, the SEC’s leadership is undergoing a major transformation, with Paul Atkins replacing Gary Gensler. Expected changes include the withdrawal of Rule 3b-6, allowing U.S. users access to DeFi platforms like Uniswap, and the end of Operation Choke Point, which has hindered crypto companies’ banking relationships. These shifts, along with progress on the Fit for the 21st Century Act, could create a more crypto-friendly regulatory environment.
★Ethereum and Solana Shine:-
Ethereum and Solana stand out as winners under Trump’s pro-crypto stance. VirtualBacon pointed to Ethereum’s strong ETF inflows, staking ecosystem, and seasonal performance. Solana, hosting the Trump and Melania Coins, is seeing record decentralized exchange (DEX) volumes.