Bloomberg: Trump's issuanceMeme coin is reigniting the encryption frenzy

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BlockBeats News, on January 20th, according to Bloomberg, BTC soared to a record high of $109,588. Trump and his wife Melania issued Meme coin over the weekend, which quickly increased in value, sparking criticism from executives in the encryption industry, who said these Tokens weakened the industry’s credibility. Despite the small print on the website stating that their Tokens are not “investment opportunities, investment contracts, or any form of securities”, Trump’s enthusiastic encryption fans immediately started buying. The Market Cap of Meme coin issued by Trump once reached $15 billion, but later dropped below $8 billion briefly after Melania’s Token took away some followers. This further proves that Trump’s election as President of the United States is leading a new era of encryption frenzy.

TRUMP11.94%
MEME-0.29%
BTC-0.7%
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SirNeovip
· 01-20 11:36
Trumps swearing in would be the announcement of a crypto era
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GateUser-c3d52330vip
· 01-20 11:33
Exciting times for crypto enthusiasts!
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