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Solana Memecoins

The Trump-created memecoin, $TRUMP, has been trending lately. Crypto office enthusiasts have been talking about its recent 18.5% increase over the last few days.

President Trump’s announcement to the United States to put aside its dubious monetary stash of five cryptocurrencies (Bitcoin, Ether, XRP, Solana & ADA) may have initiated the larger gain.

This signals not only the administration’s allegiance to some form of digital assets but also an elevation of their central government frameworks in working with cryptocurrencies.

The early issuance of memecoin in January 2025 was doubted because there was no official word on it to begin with. Yet, once tweeted out as legit by President Trump, the value of $TRUMP ramped up almost 9 billion in market cap within days.

The crypto marketplace is still very speculative, so investors should be prudent. This proactive stance toward digital assets by the administration could be a green light to the incorporation of more cryptocurrencies in traditional Finance.

As politics and digital currencies are increasingly hard to disentangle, one has to ask oneself—are memecoins like $TRUMP a bubble or the sign of a new era of finance?

submitted by /u/Significant_Wave_634
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