BitJungle: Trump's coin issuance is an earthquake that changes the logic of the cryptocurrency circle

Donald Trump's launch of his personal Meme coin TRUMP has sent shockwaves through the cryptocurrency market, disrupting traditional investment logic and shifting focus from technical consensus to political influence. Here are the key points:

  • Market Impact: The TRUMP coin surged over 10x in one day, reaching a $4 billion market cap and ranking fourth among Meme coins, drawing liquidity away from mainstream cryptocurrencies.
  • New Consensus Mechanism: Unlike traditional PoW/PoS-based coins, TRUMP leverages Trump's political influence as its foundation, introducing a "power consensus" model.
  • Investor Shift: The crypto market's focus has moved from technological innovation to brand and political power, with TRUMP acting as a "large value coin" reshaping the ecosystem.
  • BitJungle's Take: This marks a pivotal shift in crypto logic—from technology-driven to politics and power-driven, signaling a future where brand and consensus dominate the market.
Summary

U.S. President-elect Trump will be sworn in at 1 a.m. Beijing time on January 21, taking office as the 47th President of the United States and beginning his second term.

On January 18, 2025, US President-elect Trump posted on his social account, announcing the launch of his personal Meme coin TRUMP . According to BitJungle statistics , the TRUMP coin rose more than 10 times in one day, with a market value of 4 billion US dollars , ranking fourth among Meme coins.

Donald Trump's act of issuing currency with one click is like dropping a bombshell on the cryptocurrency market.

BitJungle: Trump's coin issuance is an earthquake that changes the logic of the cryptocurrency circle

Trump's one-click coin issuance directly overturned the traditional logic of the cryptocurrency circle: funds were sucked away, market expectations were shattered, and investors' logic shifted from technical consensus to political consensus.

1. Liquidity transfer, mainstream coins suffered setbacks Trump’s personal brand is like a “traffic black hole”, attracting a large amount of capital to Trump Coin.

2. Power becomes the new consensus Traditional cryptocurrencies rely on PoW or PoS mechanisms to form value, while Trumpcoin directly uses Trump’s political influence as its foundation and proposes a new logic of “power consensus”. Trump’s identity and influence allow Trumpcoin to transcend technical value and become a representative of “political empowerment”.

3. Changes in the logic of the cryptocurrency circle: Investors’ focus has shifted from technological innovation to brand and power. Trump Coin has become a “large value coin”, reshaping the cryptocurrency ecosystem through the global consensus effect.

BitJungle’s opinion: Trump’s issuance of currency marks the transformation of the logic of the currency circle from technology to politics and power. The future market will be a new battlefield for brand and consensus.

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Author: Bit Jungle比特丛林

This article represents the views of PANews columnist and does not represent PANews' position or legal liability.

The article and opinions do not constitute investment advice

Image source: Bit Jungle比特丛林. Please contact the author for removal if there is infringement.

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