There has been considerable debate surrounding this event, with opinions divided between support and criticism. Nonetheless, I believe it is entirely legal, as Trump, often regarded as the first "crypto president" of the US, is entitled to act within the bounds of the law. This is similar to his previous initiatives, such as the issuance of multiple NFTs.
My primary focus lies in financial opportunities. Since I am not bold enough to invest in TRUMP at this moment and may have missed its most significant bull run, my attention shifts to the potential positive impact on SOL and the broader Solana ecosystem. Notably, SOL has recently achieved a new ATH at 295.11 USD.
Solana has demonstrated remarkable recovery and growth, largely driven by memecoins. This resurgence began with the Sagaphone + BONK airdrop, followed by pump.fun, and now TRUMP. While other platforms like Ton, Avalanche, and Tron have also ventured into the memecoin space, they haven't achieved comparable results. For example, Tron launched Sun Pump but was not selected by TRUMP.
Congratulations to Solana and the SOL token for this success. However, I must admit that I hope Solana doesn't become solely associated with memecoins. The platform is capable of addressing a broader spectrum of user needs. With its current momentum, I look forward to seeing Solana attract more users and foster development across diverse and impactful sectors such as DeFi, GameFi, NFT, RWA, AI, MoveFi, and DePIN.
I would like to know your opinion on this:
- Do you think Trump's launch of the TRUMP memecoin on Solana is a success and a great opportunity for Solana?
- Are you investing in TRUMP and SOL?
- After memecoin, what trend will continue to explode in the Solana ecosystem?