Understand Trump’s encryption map in one picture

Author: Layergg

Compiled by: Shenchao TechFlow

A map of Trump’s relationship with cryptocurrencies.

In just one day, $TRUMP has surpassed $14 billion in market cap, breaking into the top 20 by market cap and surpassing $DOGE in fully diluted valuation (FDV). Currently, it has been successfully listed on major CEX/PERP platforms such as Binance and Coinbase.

Currently, attention is likely to be focused on Trump-related tokens.

1. Tokens directly tied to Trump

$TRUMP: Controversy over its authenticity continues, but if it is real, it will likely become the most high-profile meme coin of this cycle.

Eric Trump: Trump’s second son Eric Trump revealed that he holds $BTC, $ETH, $SOL and $SUI.

$WLFI: There is a view that Trump only served as the spokesperson for the advertisement and was not directly involved in the project. However, those investors who are still not satisfied with $TRUMP may turn to $WLFI due to fear of missing out (FOMO). Its on-chain portfolio has attracted widespread attention due to the Trump theme. After the release of $WLFI, $ENA and other projects related to $WLFI may gain market popularity.

2. DOGE Ecology

Elon Musk: No need to go into details.

• $DOGE
• $DOGE

Howard Lutnick owns 5% of Tether, and his company Cantor Fitzgerald is the asset manager of the project.

3.Solana Ecology

Since the Trump team issued $TRUMP on the Solana chain, the price of $SOL has increased by 40%. The SOL/ETH trading pair could hit new all-time highs.

The possibility of a $SOL ETF launch in 2025 is also looming.

$SOL Ecology: As the Trump team cooperates with Meteora and Jupiter, future emoticon coins may continue this path.

• $JUP
• $MET

Another Solana-based meme coin (celebrity) cycle may be about to begin.

• $RAY

4.SEC

Paul Atkins was appointed SEC Chairman to succeed Gary Gensler.

He has served as an advisor to $RSR for many years and recently joined Securitize's advisory board. Securitize has deep ties to $ONDO.

Trump recently mentioned that he may suspend existing SEC lawsuits against cryptocurrencies.

Cryptocurrencies involved in litigation with the SEC or receiving Wells notices may be of concern.

5.US Coin

Trump has recently been positive about the idea of ​​using U.S.-created cryptocurrencies as strategic reserves.

A prime example is $XRP and $SOL, but there are also many US-based cryptocurrencies. For details, please see the following link: https://www.coincarp.com/project/?area=usa

6. Celebrity Coin Rush

Elon Musk may launch $ELON or $MUSK for fun purposes.

Meme narrative is going through the rotation of 'dog→cat→animal→AI→celebrity'.

7. Venture capital (VCs)

a16z: Sriram Krishnan, a former member of a16z, has been appointed White House Senior Policy Advisor. Brian Quintenz, nominated to serve as CFTC Chairman, is a16z’s Head of Cryptocurrency Policy. a16z’s cryptocurrency portfolio is massive.

Craft Ventures: David Sacks, who was appointed White House cryptocurrency commissioner, leads Craft Ventures.

• $DYDX
• $HONEY

Kraken Ventures: Marco Santori, another CFTC chairman nominee, served as Kraken's chief legal officer.

• $MORPHO
• $PUFFER
• $USUAL
• $PSTAKE