The introduction of President-elect Donald Trump's TRUMP memecoin is seen as a significant development in the world of cryptocurrency, signaling a new regulatory era where governments view crypto as a means of connecting directly with the masses. The launch of Trump's memecoin on the Solana blockchain was highly successful, reaching a market cap of around $73 billion before declining. The token launch by the president-elect is seen as a positive signal to crypto builders in the U.S., especially in light of recent regulatory crackdowns. However, there are concerns about the utilization of the 80% of the TRUMP supply held by CIC Digital, which is owned by Donald Trump Revocable Trust. Despite this, the TRUMP token is set to be listed on major exchanges such as Coinbase and Binance.



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