I. Presidential Effect: From Political Controversy to Crypto Carnival
When Donald Trump shouted "Make Crypto Great Again" in the 2024 presidential campaign, no one could have predicted how this political movement would be deeply intertwined with the crypto market in such a dramatic way.
On April 23rd, Beijing time,'s the official MEME token President Trump sursurged from $9 to $14 after announcing that "the top 220 holders can be invited to have dinner with Trump", with a single-day increase increase of over seemingly absurd crypto carnival hides a complex game of presidential campaign, institutional capital, and retail investor sentiment.