Trump is the US President... and a meme coin??

The past few days have been some of the craziest I’ve ever experienced in crypto.

This morning Bitcoin hit a new all-time high of over $109,000

Two days ago, Donald Trump announced his very own meme coin, TRUMP, which increased 10,000% in 24 hours. Then, they announced an official MELANIA meme coin as well.

This means that a US President has launched a meme coin for the first time in history. But should you buy it, and what does this mean?

Overall, this seems very bullish for crypto in general. Why would a president launch a meme coin if he wasn’t going to make the US regulatory and financial environment very crypto-friendly?

Trump has also made a number of crypto promises and hinted at big changes related to crypto.

He’s said he would free Ross Ulbricht during his term. He’s hinted at a Bitcoin Strategic Reserve in the US, where we buy and hold a large amount of Bitcoin. He’s mentioned no capital gains taxes on cryptos “made in America” which includes Bitcoin as well (for some reason).

So overall (at least on the surface) everything seems to be very bullish for crypto. I think 2025 could end up being the biggest year for crypto ever. I have been preparing for this year for a long time now.

Should you buy the TRUMP meme coin though??

Meme coins are basically gambling. If you are an adult who is reading this newsletter and you want to buy this token, then go for it.

Will you make money with it? No idea. A LOT of very very early (suspiciously early) people have already walked away with millions of dollars from this. The chances of putting $500 to $1000 into the TRUMP token and walking away with a million+ dollars is nearly impossible.

If this token got as big as Ethereum is right now (good luck!) that would be a 50X from the token price today. That’s amazing, but still “only” takes your $1000 and turns it into $50k. Again, an amazing return (and very very unlikely scenario), but still a far cry from a million dollars.

To become a millionaire from the TRUMP meme coin now, it would have to go to a market cap of over $8 TRILLION dollars, which is 4X bigger than Bitcoin, but is more than twice as big as the market cap for ALL of crypto combined.

That’s bigger than Apple, Nvidia, and Tesla COMBINED.

This just proves it pays to be early and if you expect to get wildly wealthy off a tiny bit of money, you need to be buying something before almost anyone knows about it.

I really hope that this is a sign of things to come for this year though. I am bullish for crypto in 2025 and this signals that I might be the in right frame of mind.

Happy New Year to you and see you in the next newsletter.

Andy