A picture to understand Trump's encryption map

Author: Layergg

Compiled by: TechFlow

A map of Trump's relationship with cryptocurrency.

In just one day, $TRUMP's market capitalization has exceeded $14 billion, ranking among the top 20 in market capitalization and surpassing $DOGE in fully diluted valuation (FDV). Currently, it has been successfully listed on major CEX/PERP platforms such as Binance and Coinbase.

At present, people’s attention is likely to focus on Trump-related tokens.

1. Tokens directly associated with Trump

$TRUMP: Controversy over its authenticity continues, but if it is real, it could very well become the most watched meme coin of this cycle.

Eric Trump: Trump’s second son Eric Trump revealed that he holds $BTC, $ETH, $SOL and $SUI.

$WLFI: Some people believe that Trump is only an advertising spokesperson and is not directly involved in the project. However, investors who are still not satisfied with $TRUMP may turn to $WLFI due to the fear of missing out (FOMO). Its on-chain portfolio has attracted widespread attention due to the Trump theme. After the release of $WLFI, $ENA and other $WLFI-related projects may be popular in the market.

2. DOGE Ecosystem

Elon Musk: No need to elaborate.

$DOGE
$DOGE

Howard Lutnick owns 5% of Tether and his company Cantor Fitzgerald is the asset manager for the project.

3.Solana Ecosystem

Since the Trump team issued $TRUMP on the Solana chain, the price of $SOL has risen by 40%. The SOL/ETH trading pair may hit a new historical high.

The possibility of launching a $SOL ETF in 2025 is also approaching.

$SOL Ecosystem: With the Trump team’s collaboration with Meteora and Jupiter, future emoji coins may continue on this path.

$JUP
$MET

Another Solana-based meme coin (celebrity) cycle may be about to begin.

$RAY

4.SEC

Paul Atkins was named SEC Chairman to succeed Gary Gensler.

He has served as an advisor to $RSR for many years and recently joined the advisory board of Securitize, a company with which $ONDO has deep ties.

Trump recently mentioned that he might suspend the SEC's existing lawsuits against cryptocurrencies.

Cryptocurrencies that are involved in litigation with the SEC or have received Wells notices may attract attention.

5. US Coin

Trump recently spoke positively about the idea of using the U.S.-created cryptocurrency as a strategic reserve.

A classic example is $XRP and $SOL, but there are many cryptocurrencies based in the United States. See the following link for details: https://www.coincarp.com/project/?area=usa

6. Celebrity Coin Rush

Elon Musk may launch $ELON or $MUSK for entertainment purposes.

Meme narratives are going through a rotation of ‘dogs → cats → animals → AI → celebrities’.

7. Venture Capitalists (VCs)

a16z: Sriram Krishnan, who was appointed as a senior policy advisor to the White House, was a member of a16z. Brian Quintenz, who was nominated as the chairman of the CFTC, is the head of cryptocurrency policy at a16z. a16z's cryptocurrency portfolio is huge.

Craft Ventures: David Sacks, who was appointed as the White House cryptocurrency commissioner, leads Craft Ventures.