On the 30th Day of TrumpCoin Issuance, How Are Those Newbie Coiners Who Bought the Top Holding Up?

Trump's success, Trump's failure

Trump announced the launch of his personal token via his social media platform, sparking a significant response in the cryptocurrency market. The value of TRUMP coin surged to $800 billion within a short period.

Some people believe this symbolizes Trump's commitment to cryptocurrency, but many more within the industry have expressed disdain for it.

BlockBeats News, January 22nd, Coinbase CEO Brian Armstrong stated in an interview that President Trump is excited about establishing a strategic Bitcoin reserve."The world is moving towards a Bitcoin standard. Any government holding gold should also hold Bitcoin as a reserve asset."

What other tokens are associated with Trump?

BlockBeats News, January 22nd, according to Bloomberg, Coinbase's US Head of Policy, Kara Calvert, stated that she is "not worried at all" about Trump not mentioning cryptocurrency in his inauguration speech, and that after Trump launched his own Meme coin, she said Coinbase would remain "neutral" when considering new listings.

BlockBeats News, January 22nd, Eric Trump, the son of former President Donald Trump, posted on social media, stating, "In my opinion, now is the best time to invest in America. Bet on our markets, energy, technology, and cryptocurrency — bet on a country that has broken free from constraints and now has unlimited potential."There is no doubt that Biden has left a mess, but this mess will be corrected, and the next four years will be glorious. Transformative wealth will be created, and I hope everyone can enjoy this journey."

BlockBeats News, January 22nd, Trump posted on his social media Truth Social, saying, "I just spoke to the mother of Silk Road founder Ross William Ulbricht, telling her that I am honored to have just signed a full and unconditional pardon for her son Ross."

BlockBeats News, January 22nd, U.S. President Trump announced at the White House on the 21st that three companies, SoftBank Group of Japan, OpenAI of the United States, and Oracle of the United States, will invest $500 billion to build infrastructure in the United States to support the development of Artificial Intelligence (AI).Trump stated at the White House that day that the three companies have joined forces to create a project named "Stargate," planning to build data centers in the United States to support AI development.He said this is the "largest ever" AI infrastructure investment project.According to U.S. media reports, the initial investment for the project is $100 billion, with plans to expand to $500 billion over the next 4 years. The first data center to be built will be located in Texas, USA, and will then expand to other states. (Golden Finance)