On January 18, 2025, the 47th President of the United States, Donald Trump, the most powerful leader on this blue planet, officially released his own MEME - Trump, shocking the global market and causing a frenzy on the mainnet. Within 24 hours, the market cap of #Trump surged to $30 billion, reaching a peak of $80 billion, surpassing Doge to become the largest MEME token by market cap.
Just a day later, on January 20, the First Lady of the United States, Melania Trump, also released a MEME named after herself - Melania, with a peak market cap of $13 billion.
Upon the release of this news, the market was immediately flooded with criticism, with everyone accusing the Trump family of being crypto vampires, treating the Crypto market as their personal ATM. Leveraging the power and influence of the US President, as well as the upcoming presidential inauguration, the family went on a frenzy of token issuance to milk the market.
The market also saw angry and panic-driven sell-offs. BTC briefly fell below $100,000, SOL dropped to $230, Trump plunged from its $80 high to $35, and various on-chain assets were in a state of despair.
What is Trump really up to?
This is the confusion and question on everyone's mind today!
Did Trump go through so much effort (even risking his life) to become the US President just to issue tokens and milk the market?
Is Trump really just a business-minded person? Seizing every opportunity to make a quick buck?
As the President of the United States, does Trump really not care about the world's disdain and contempt, and risk crashing the Crypto market to make a few billion dollars? Then, is the crypto policy he wants to implement just a joke?
Before the mystery is unraveled, let's make a speculation. From the past actions of the Trump team and the perspective of Trump as the US President and the interest groups he represents, let's try to figure out the real purpose behind Trump's series of operations.
Let's directly state our conclusion:
1. The members of the Trump family have successively launched MEMEs, and in addition to their private interests, the bigger plan is to "use the huge influence of the US President to call on global forces to jointly expand the Crypto market", allowing the entire Crypto market to expand 5 or even 10 times, so that it can accommodate a larger scale of the digital US dollar.
2. Trump and the interest groups he represents are aiming to reverse the decline of the petrodollar. In the trend of the human digital wave, they want the digital US dollar to maintain US dollar hegemony and continue to dominate the digital economy and digital world. This is how they plan to "Make America Great Again".
3. The Trump family must personally launch digital assets to set an example for the world, telling global influential countries, organizations, companies, and individuals that they can all issue digital assets on the mainnet. Everyone can make money, and at the same time, the market will be expanded. But everything will be settled in digital US dollars. For individuals, the public, and America, it's a win-win situation. The only losers are those who resist this trend.
4. Compliant digital US dollar stablecoins like USDC will become Trump's "on-chain Federal Reserve". USDC is the legitimate and compliant digital US dollar backed by America. Note that both #Trump and #Melania are based on USDC liquidity pools. In the future, the US dollar will be printed like crazy in the form of USDC on the mainnet. The mainnet is an extension of the US dollar hegemony. However, USDC is not the only choice of the US government, as various types of digital US dollars will emerge, such as the digital US dollar from PayPal with global payment network advantages.
5. The reason why the Trump family chose to release MEMEs instead of other Crypto is because MEMEs are the lowest cost and most effective way (they really understand Crypto). After the president-themed MEME launched by Trump caused a sensation and achieved great success, other influential national presidents will also follow suit and imitate. However, MEMEs are just the trigger, the ignition for the release of the crypto atomic bomb, and there is more to come.
We call the underlying goal of the Trump administration's series of operations the "global asset on-chain movement aimed at achieving digital US dollar hegemony".
This movement requires a signal flare, and not just any signal flare, but an atomic bomb-level signal flare. Is there anything more explosive than the US President personally launching a MEME?
This atomic signal flare is too explosive, with an extremely high firing range, broad coverage, and massive impact, truly the greatest in human history. After attracting global capital and attention, let the world's influential people see that, wow, it's actually possible to do this. Not only can the President issue a MEME, but the First Lady can too.
Of course, MEMEs are just the first step, and the real focus is what's coming next:
Trump's global asset on-chain movement aimed at achieving digital US dollar hegemony can be divided into four steps:
Step 1: MEMEs
Representing celebrities, idols, and IP economics, influential global national presidents, celebrities, idols, and IPs can all issue MEMEs. The market size for this is conservatively estimated at $500 billion to $1 trillion. Just imagine if Elon Musk, Taylor Swift, Lionel Messi, and Cristiano Ronaldo all personally launched MEMEs, what a sight that would be!
Step 2: Stock-like assets
A series of commercial companies and organizations have tokenized all of their unissued stock-like assets, and companies that have already issued stocks can also tokenize a portion of their stocks, all of which are using digital US dollars for on-chain transactions. The current total market capitalization of the US stock market is about $50 trillion, and if we assume that 5% of this is in the form of stock-like assets, then $2.5 trillion of these assets can be traded on-chain using digital US dollars.
Step 3: Bond-like assets
The bond market is more than 2.5 times the size of the stock market, currently around $120 trillion, and if we assume that 5% of the bonds are issued in token form, then the scale will be $6 trillion.
Step 4: RWA assets
The so-called RWA assets here include all on-chain investable and income-generating assets, such as precious metals like gold, commodities, real estate, and other off-chain assets that can be RWAized and migrated on-chain. The total estimated value of these assets is around $350 trillion (of which $14 trillion is precious metals, $6 trillion is commodities, and $330 trillion is real estate), and we assume that 3% (the RWAization is more complex, so the proportion is lowered to 2%) of these assets will be issued in token form, which will amount to $7 trillion.
Adding these four parts together, the total is around $15 trillion, and all of these assets will correspond to digital US dollar transactions on-chain, which means that the US can print trillions of dollars on-chain, which is sufficiently tempting for the Trump administration and the interest groups it represents.
The above cannot be completed in 1-2 years, it will take at least one term of Trump (4 years), or even the next term.
If you think that the issuance of cryptocurrencies by US presidents and other celebrities is illegal, and that the RWAization of all off-chain assets will face huge difficulties, sorry, the current US president is Trump, who is the de facto crypto president, and he will launch a series of crypto new policies to support the revival of the US dollar, and will also introduce a series of laws and regulations to ensure the orderly progress of all this.
Opportunities for Crypto Investors:
What opportunities do Crypto investors have in this crypto wave led by the US President?
1. BTC
BTC will always be the first.
In 2025, the first year of Trump's crypto new policy, with BTC becoming a national strategic reserve, the BTC price will double again, breaking through $200,000, which is almost a consensus. If the Crypto market can achieve a growth of more than 5 times during Trump's four-year term, then a BTC of $1 million can be expected.
2. Meme
In the short to medium term, the US President's concept Meme will trigger a series of celebrity Meme trends, which is the Crypto version of the IP economy. And the President's concept Meme will continue to trigger Meme waves.
3. Agent+Crypto
The digital civilization program of human beings is accelerating after LLM and Agent, and currently the digital civilization program of human beings is about 30%, but this speed is accelerating. Under the general trend that human politics, economy, culture, thought, and life are moving towards digitalization, this US government has decisively placed the revival of the digital US dollar on-chain, and the on-chain has become the new battlefield for the hegemony of the digital US dollar, and the digital US dollar currently has an overwhelming advantage over other countries.
So why is Agent+Crypto something that must be paid attention to?
ABC Alpha DAO has written a special article to explain this, and the details can be viewed in the tweet, which has already received nearly 180,000 reads and is worth a look.
Here is a brief description:
All the growing data in the digital age - "data" - ultimately becomes productivity, and Agent is the concentrated expression of productivity in the digital age, while Crypto (or Blockchain) is the production relationship, the so-called production relationship is a need for a transparent set of rules and protocols to clarify who produces, who trades, how to trade, and how to distribute.
So if Agent is the productivity of the digital age, and we understand Agent as a "silicon-based human", then the identity, asset accounts, transaction behavior, settlement and distribution, and other social relations and economic behaviors of this "silicon-based human" Agent need a globally trusted and transparent protocol to realize, and currently no country or organization can meet these needs of Agent, only Crypto can, Crypto is born for Agent.
In the future, there will be hundreds of millions, or even more than the number of humans, of Agents born in Crypto, and this will generate trillions of on-chain transaction demands, all of which will require digital US dollars, and this is also the battlefield for the digital US dollar. Therefore, Agent is an Alpha track that must be paid attention to. As for which Alphas are worth paying attention to, you can follow the daily updates of @ABCAlphaDAO.
4. Solana
The top competition of the underlying public chains is currently mainly between Solana and Ethereum.
The public chain is a completely open-source track without technical barriers, relying solely on continuous innovation to drive. Once innovation stagnates, it must be overtaken by competitors with innovation capabilities.
Ethereum has a longer time value accumulation, a larger developer community, and more capital accumulation (especially the liquidity cost advantage formed by the DEFI infrastructure), but ETH is still too expensive, the usage cost is too high, and each L2 is more like a feudal state far from the emperor, it is difficult to concentrate the power on the Ethereum mainnet, the most serious is that the Ethereum ecosystem has lacked innovation in recent years, and the basic infrastructure that a bottom-level public chain should have has also been basically possessed by other chains, so this round, the highly innovative Solana (such as the normalization of Pump.fun) has emerged as a dark horse, and has become the most threatening competitor to Ethereum.
Currently, the spot ETF of ETH has been launched, and the possibility of the spot ETF of SOL being approved has become self-evident due to the emergence of the Trump Meme.
Therefore, in terms of this cycle, SOL has a better investment value ratio. As for ETH, it needs to wait for the next cycle to see. Because, in the end, everything will return to On-Chain-Fi, and Ethereum still has a greater advantage in this regard, as for whether this advantage will be surpassed by Solana, it remains to be seen in the next cycle.
Summary:
Trump has personally joined the fray and released Meme, with the intention of throwing a nuclear bomb into the Crypto market, with the intention of igniting the attention of this market, with the intention of mobilizing global forces to expand the Crypto market, and then guiding the trillions of off-chain assets to issue assets on-chain and generate transactions with digital US dollars, thereby extending the hegemony of the digital US dollar in the digital world, which is in line with Trump's personal interests and the fundamental interests of the US, and of course, as the tide rises, all this will ultimately be in the interests of Crypto investors. Therefore, we should look at all this positively, prepare well, and start to enjoy this super crypto carnival!
