Author: Minn
Chaos is a ladder, and Trump is the climber.
On January 20th, as the inauguration ceremony was solemnly carried out, Donald Trump, the 47th President of the United States, officially took office for the second time.
Those more concerned about this ceremony than the American people are the crypto investors in front of the screen, who are hoping for Trump to express his views on cryptocurrencies and eager to find the angle of Memecoins to capture the wealth code from his every word.
On the eve of taking office, the Trump family has shown an astonishing influence in the crypto market, with the Memecoin $TRUMP issued by Trump himself reaching a total market value of over $70 billion at one point, and his wife's $MELANIA reaching nearly $14 billion at its peak.
The "crypto harvesting" of this power couple has become a warm-up act before their return to the political stage.
However, to everyone's disappointment, Trump did not mention cryptocurrencies in his inauguration speech, causing the crypto market to decline.
It is certain that in the next four years, with Trump's return, the crypto world will inevitably face unprecedented chaos and opportunities, entering a new era of chaos.
The Trump family issues coins, moving from real estate to digitalization
y2z Ventures founder tt once expressed a view in a 2021 live broadcast, "Musk wasn't as cringy before, he should have been influenced by another even more cringy person, and that person is Trump. Trump has told the world with his actions that you can just do what you want to do, and you don't need to care what others think."
A US president issuing a Memecoin is something only Trump can do.
In addition to Trump and his wife's Meme coins $TRUMP and $MELANIA, which have raked in billions of dollars, the official token sale of the crypto project World Liberty Financial (WLFI) operated by his son also completed its full sale, raising $300 million, riding on this wave.
After the sell-out, WLFI announced on social media that they have completed their mission and sold 20% of the token supply, and due to the huge demand and high attention, they have decided to open up another 5% of the token supply, adjusting the price from the original 0.015 to 0.05.
You want the Trump family's coins? There will be more waiting for you.
This straightforward "harvesting" intention may even leave the old foxes on Wall Street dumbfounded. While the Democratic Party is still emphasizing political correctness, this new president Trump is not doing any packaging, but is tearing off the warm veil of capitalism and declaring to the world: "This is a game of wealth, I'm on the stage, and you're in the audience."
This almost "shameless" honesty is both laughable and lamentable.
Even former Global Times editor-in-chief Hu Xijin said: "Capitalism! It turns out that the position of president can be monetized in this way! Trump has really opened my eyes as someone living in a socialist country."
However, a concept needs to be clarified here - it is not Trump who is issuing the coins, but the Trump family. According to insiders, all token issuances are led by Trump's children, assisted by an advisory team.
Starting from Trump's grandfather's arrival on American soil, the Trump family has accumulated a fortune of $6.5 billion over 100 years and three generations, from restaurants to real estate. And now, by simply leveraging their influence to cash in on cryptocurrencies, the Trump family has taken their wealth to a new level.
This also represents the transformation of the Trump family's fourth generation, from real estate to digitalization.
Looking back on the history of the United States, starting from the original 13 states, it has constantly expanded through wars and land purchases, acquiring land from France, Mexico, and Russia, laying the foundation for the nation's establishment through the acquisition of land space.
Michael Saylor, the founder of the publicly traded company MicroStrategy that holds 400,000 bitcoins, believes that the era of land space has ended, and we have entered the era of cyberspace.
In this internet-currency-dominated cyberspace, controlling the cyberspace is equivalent to controlling the new world, and Bitcoin is the most important currency in this space.
The Trump family is rebuilding the new Trump Tower (TRUMP TOWER) in this cyberspace.
Trump is a double-edged sword
Trump's issuance of coins has also caused divisions within the crypto industry.
DWF Labs partner Andrei Grachev tweeted that Trump is doing the best marketing for the crypto market.
In the short and medium term, the Trump family's entry has indeed brought new vitality to the crypto market.
At his call, a large number of new people have rushed in with money, becoming a new force, injecting huge liquidity into the market.
His openly friendly policy attitude has also made entrepreneurs and institutional investors ecstatic, making the US a thriving ground for cryptocurrencies.
However, beneath the surface prosperity lies a ticking time bomb.
Trump's coin issuance is like a sharp knife, directly piercing the utopian veil carefully woven by the crypto world.
When a former US president can easily turn cryptocurrencies into a family financing tool, and influence can be so blatantly transformed into a means of wealth plunder, the fragile consensus of "decentralization" and "financial democratization" that the crypto industry has been painstakingly cultivating for years is crumbling.
Trump's appearance has used the most straightforward way to tell the world: Cryptocurrencies are a tool for celebrities to quickly monetize their personal influence.
Historical experience repeatedly tells us one thing: ICO (fundraising) is the primary purpose of cryptocurrencies.
This transformation is quite ironic: Bitcoin was born after the 2008 financial crisis, with the original intention of combating the financial monopoly of Wall Street elites and political powers. But now, this anti-establishment tool has become the most sought-after asset on Wall Street, as well as the best weapon for political strongman Trump to play with money and expand his influence.
Bitcoin Magazine, the organizer of the Bitcoin conference that once endorsed Trump, directly stated on social media that TRUMP is a shitcoin.
Trump's die-hard fan, Messari founder Ryan Selkis, tweeted calling for Trump to fire the people who initiated the Melania project, believing that the project did not consider Trump's interests and could cause significant economic losses and reputational damage.
Rewriting the rules of the game
Trump is an unconventional player, and in his world, there is nothing impossible.
Whether it's threatening to buy Greenland, calling for the annexation of Canada, or even reclaiming the Panama Canal, this "table-flipping president" will likely not abide by the rules in the crypto world either.
Under the slogans of "America First" and "Make America Great Again", Trump's crypto policy can be summarized as "American coins first". Projects with American genes, such as XRP, Solana, Sui, and HBAR, are enjoying unprecedented development opportunities.
This differential treatment will likely persist throughout Trump's presidency, with US dollar stablecoins becoming a digital extension of the US dollar, and more and more crypto entrepreneurs will choose to come to the US to issue tokens, making them more "pure".
In the future, every word and action of Trump will affect the crypto market, and everyone will have to live under the "Trump gravity".
This dramatic change may render the industry experience accumulated by some practitioners over the past few years completely ineffective, and both practitioners and investors will need to use a new set of logic to cope with the future world.
So, can we say that Trump and the US have already taken control of Bitcoin?
My answer is no.
Trump may be able to temporarily change the price trajectory of Bitcoin, just as the sun's gravity affects the movement of planets. But Bitcoin is like those interstellar probes that can break free of the sun's gravity, and will ultimately escape the constraints of any single force, continuing its decentralized, depoliticized evolutionary path: it belongs to neither Trump nor any politician.
As Littlefinger said in "Game of Thrones," "Chaos is a ladder." When the old rules are broken and interests are redistributed, a time of great uncertainty also gives birth to new possibilities.
At this crossroads, some will lose their vested interests, while others will seize the historical opportunity and overtake.
In this coming era, adaptability will be the most valuable asset, uncertainty will be the norm, and the only certainty is: Opportunities will always belong to those who can discern the signs in the chaos and boldly embrace change.
