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On January 18, 2025, on the eve of the inauguration of US President Donald Trump, a coin of the same name was issued. In the first 24 hours, this coin rose in price from $4 to $25. Today, January 19, the TRUMP coin rose to $80. What will happen tomorrow, on the day of the inauguration? We can safely assume that at the peak of the news, the TRUMP coin can easily beat the level of $100 per coin. Tomorrow is the main day for President Donald Trump and the launch of this coin specifically happened right before this event. This means that, most likely, the very next day after the inauguration, the Donald Trump coin will go into correction and find its market price in the medium term. However, we should not forget about Donald Trump's plans to make the United States the crypto capital of the planet. And it may well be that under his presidency, the main role is aimed not at Bitcoin, but at the new Trump coin. In this case, the TRUMP coin will only grow in the next 4 years. In any case, Bitcoin is a decentralized project, while the TRUMP coin is managed by one team. Therefore, it is not possible for even such a powerful person as Donald Trump to displace Bitcoin from its leadership.
Nothing prevents Bitcoin from remaining the leader of the crypto market, but at the same time, conducting monetary settlements in other cryptocurrencies. Perhaps the TRUMP coin will become one of them. At least during his presidency. Donald Trump's sons also announced the release of their own tokens. Elon Musk, the president's closest friend and ally, who has long been dealing with cryptocurrencies and even bought most of the Dodecoin meme coins, headed one of the financial departments in Donald Trump's government.
Now these guys have all the aces in their hands and they can pump and dump any coin. It is not clear if there is anything that can protect them from such a temptation.